DoubleVerify Holdings, Inc. logo DV - DoubleVerify Holdings, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 20
HOLD 12
SELL 1
STRONG
SELL
0
| PRICE TARGET: $13.38 DETAILS
HIGH: $15.50
LOW: $12.00
MEDIAN: $13.00
CONSENSUS: $13.38
UPSIDE: 36.11%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3
Revenue
Revenue 180.8 205.6 188.6 189.0 165.1 190.6 169.6 155.9 140.8 172.2 144.0 133.7 122.6 133.6 112.3 109.8 96.7 105.5 83.1 76.5 67.6 78.6 61.0 53.0 51.2 57.7 46.4
Cost of Revenue 48.5 35.9 33.5 33.1 31.0 34.3 29.5 26.1 26.6 30.0 26.5 26.2 24.0 22.8 19.3 18.8 16.9 18.5 13.4 12.3 10.2 11.8 9.0 7.7 7.3 7.5 6.2
Gross Profit 132.3 169.6 155.2 155.9 134.1 156.3 140.1 129.8 114.2 142.2 117.5 107.6 98.6 110.8 92.9 91.0 79.8 87.1 69.7 64.2 57.4 66.9 52.0 45.4 43.9 50.2 40.1
Operating Expenses
R&D Expenses 45.4 41.7 44.8 47.2 44.7 37.5 39.3 39.8 36.4 32.6 32.3 31.9 28.6 26.4 23.9 23.2 21.6 17.0 16.4 15.1 14.2 12.7 13.1 10.9 10.3 9.6 8.2
SG&A Expenses 71.3 75.9 74.0 80.4 70.2 68.2 63.6 67.9 59.9 60.5 56.3 51.3 45.9 46.9 46.5 46.3 46.4 45.7 34.0 51.6 27.4 44.0 27.1 21.1 23.0 21.7 14.8
Other Expenses 0 14.3 15.2 14.7 12.4 11.8 11.5 11.0 10.9 11.5 10.7 9.7 9.0 8.9 8.1 8.3 9.0 8.3 7.5 7.4 7.1 6.4 6.1 6.1 5.9 0 0
Operating Expenses 116.7 131.9 134.1 142.3 127.3 117.6 114.4 118.7 107.3 104.6 99.3 92.9 83.4 82.2 78.5 77.8 77.0 71.1 57.9 74.2 48.6 63.1 46.3 38.1 39.3 37.3 28.2
Operating Income
Operating Income 15.6 37.8 21.1 13.5 6.8 38.8 25.7 11.0 6.9 37.6 18.2 14.6 15.2 28.6 14.4 13.2 2.9 16.0 11.8 (9.9) 8.8 3.7 5.8 7.2 4.6 13.7 11.5
Interest Expense 0.4 0.4 0.5 0.4 0.4 0.3 0.4 0.2 0.2 0.3 0.3 0.2 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.4 2.0 0.9 0.9 1.2 1.3 0
Interest Income 0 4.7 0 0.7 2.0 2.9 3.2 3.3 3.3 0 2.6 2.7 2.8 0 0 0 0 0 0 0 0 0 0 0 0 0 1.3
Profitability
EBITDA 31.0 52.1 36.2 30.4 22.3 49.5 41.4 24.1 20.1 53.5 30.6 26.8 26.9 39.2 22.3 21.3 11.9 25.0 18.9 (2.5) 15.9 11.4 11.4 13.2 10.9 18.1 16.9
EBIT 15.6 37.8 21.0 15.7 9.9 37.7 29.9 13.1 9.2 42.0 19.9 17.1 17.9 30.3 14.2 13.0 2.8 16.7 11.4 (10.0) 8.8 5.0 5.3 7.0 4.9 12.9 11.5
Income Before Tax 14.2 37.4 20.5 15.2 9.5 37.4 29.6 12.9 8.9 41.7 19.6 16.9 17.7 30.0 13.9 12.8 2.6 16.5 11.2 (10.3) 8.4 3.0 4.4 6.1 3.8 11.6 10.7
Income Tax Expense 7.8 8.1 10.3 6.5 7.2 14.0 11.4 5.4 1.8 8.6 6.2 4.0 5.5 12.0 3.6 2.5 (2.0) (11.8) 3.3 2.3 2.8 (5.1) (1.4) 2.0 1.3 3.9 3.6
Net Income 6.4 29.3 10.2 8.8 2.4 23.4 18.2 7.5 7.2 33.1 13.3 12.8 12.2 18.1 10.3 10.3 4.6 28.3 7.9 (12.6) 5.6 8.1 5.8 4.1 2.4 7.7 7.0
Per Share Data
EPS (Basic) 0.04 0.19 0.06 0.05 0.01 0.14 0.11 0.04 0.04 0.19 0.08 0.08 0.07 0.11 0.06 0.06 0.03 0.18 0.05 -0.08 0.04 0.05 0.04 0.03 0.02 0.05 0.05
EPS (Diluted) 0.04 0.18 0.06 0.05 0.01 0.14 0.10 0.04 0.04 0.19 0.08 0.07 0.07 0.11 0.06 0.06 0.03 0.17 0.05 -0.08 0.04 0.05 0.04 0.03 0.02 0.05 0.05
Shares Outstanding 160.8 162.8 162.0 162.7 165.1 168.9 170.3 171.6 171.3 170.4 168.6 166.5 165.6 165.0 164.3 163.6 162.6 158.0 158.0 149.6 155.4 155.3 155.3 155.3 155.3 149.1 141.6
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2019 Q4
Current Assets
Cash & Cash Equivalents 173.8 259.0 200.7 211.8 156.4 292.8 311.9 256.1 302.0 310.1 259.2 295.4 285.7 267.8 242.7 223.7 211.6 221.6 319.8 330.4 49.8 33.4 17.3 10.9
Short-Term Investments 0 0 0 5.0 17.9 17.8 50.7 82.8 32.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 222.6 221.2 217.6 188.9 213.4 226.2 193.3 187.8 195.6 206.9 190.7 176.0 174.3 167.1 141.4 142.2 134.0 122.9 95.5 85.6 86.8 94.7 77.2 68.7
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 55.0 39.1 58.6 56.7 34.1 22.2 23.6 33.0 20.4 15.9 19.5 20.7 16.7 10.2 0 0 0 0 0 0 0 0 0.4 0
Total Current Assets 451.4 519.3 476.9 462.4 421.8 559.1 579.5 559.6 550.3 533.0 469.4 492.2 476.7 445.1 405.3 386.5 370.6 367.8 424.7 430.0 148.7 141.9 103.6 85.2
Non-Current Assets
Property, Plant & Equipment 171.1 170.2 166.9 159.4 154.1 137.9 137.9 130.7 141.8 83.5 87.8 91.4 88.6 111.7 97.0 82.3 79.4 2.6 3.5 6.3 9.1 9.7 17.5 10.3
Goodwill 512.5 516.0 517.0 516.6 504.8 427.6 437.6 431.5 432.9 436.0 431.3 343.7 343.9 343.0 336.5 339.5 342.7 350.6 244.7 227.3 227.3 227.3 227.3 227.3
Intangible Assets 94.5 101.6 108.2 116.1 121.9 110.4 119.7 125.4 116.8 175.9 176.8 148.9 153.9 135.4 160.7 165.9 171.1 168.4 130.9 124.0 127.1 130.1 126.2 142.8
Long-Term Investments 1.0 1.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 15.0 15.0 12.8 11.2 11.2 5.8 6.0 1.7 1.8 1.6 2.0 1.7 1.7 1.7 1.7 1.8 1.9 2.8 2.2 2.3 2.1 2.2 0.6 0.5
Total Non-Current Assets 823.0 834.8 819.0 834.6 827.2 717.2 732.8 713.1 709.9 710.0 705.8 590.5 588.2 591.9 596.1 589.5 595.1 524.4 381.3 360.1 365.7 369.4 371.7 381.0
Total Assets 1,274.4 1,354.1 1,295.9 1,296.9 1,249.0 1,276.2 1,312.4 1,272.6 1,260.2 1,243.0 1,175.2 1,082.7 1,064.9 1,037.0 1,001.4 976.0 965.7 892.2 806.0 790.1 514.4 511.3 475.3 466.3
Current Liabilities
Account Payables 12.5 14.7 13.3 13.1 12.6 11.6 13.4 10.6 12.8 12.9 9.6 8.8 10.7 6.7 12.5 6.0 3.8 3.9 4.1 4.1 3.6 3.5 4.8 1.1
Short-Term Debt 14.9 16.0 0 0 0 13.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.5 0.5
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 32.3 87.0 55.1 42.9 29.7 23.8 56.4 31.4 20.7 32.7 27.6 24.9 18.0 14.1 20.2 21.3 18.3 23.5 15.5 15.0 9.9 15.0 3.0 14.7
Total Current Liabilities 94.6 121.6 119.9 104.9 113.5 103.5 88.2 79.5 75.4 83.9 74.8 66.2 76.0 68.9 57.9 48.0 44.7 57.0 37.6 36.1 30.7 34.0 28.2 32.0
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22 22 72.4 72.7
Deferred Tax Liabilities 10.9 11.5 8.3 8.6 8.4 8.5 9.6 7.0 7.5 8.1 9.3 1.1 7.5 12.9 24.2 26.2 28.3 30.3 29.7 28.2 30.1 31.4 0 36.6
Other Non-Current Liabilities 7.0 6.2 5.6 7.9 8.5 2.7 3.0 2.8 2.8 2.7 3.6 3.8 3.4 3.5 2.6 3 2.6 3.2 2.8 2.7 2.9 3.8 36.2 3.4
Total Non-Current Liabilities 98.5 101.2 99.8 102.0 103.0 89.3 93.6 88.0 87.7 85.2 89.1 82.2 85.7 91.3 103.5 106.7 107.3 36.1 35.6 34.6 59.1 60.6 111.9 116.2
Total Liabilities 193.1 222.8 219.6 206.9 216.6 192.8 181.8 167.5 163.1 169.1 163.9 148.4 161.7 160.2 161.4 154.7 152.0 93.1 73.2 70.7 89.8 94.6 140.1 148.3
Stockholders' Equity
Common Stock 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0.4 0.1
Retained Earnings 312.3 305.9 276.5 266.3 257.6 255.2 231.8 213.6 206.1 199.0 165.9 152.5 139.7 127.5 109.4 99.1 88.8 84.2 55.9 48.0 60.6 54.9 46.8 34.5
Accumulated Other Comprehensive Income 8.4 13.3 13.0 12.2 (7.2) (14.7) (0.2) (9.2) (7.4) (2.8) (11.9) (5.5) (5.1) (6.3) (12.6) (8.0) (2.3) (0.8) 0.9 0.6 0.2 1.0 0.4 (0.1)
Total Stockholders' Equity 1,081.3 1,131.3 1,076.2 1,090.0 1,032.4 1,083.5 1,130.6 1,105.2 1,097.1 1,073.9 1,011.3 934.2 903.2 876.9 840.0 821.3 813.7 799.1 732.8 719.4 424.6 416.7 335.2 318.0
Total Liabilities & Equity 1,274.4 1,354.1 1,295.9 1,296.9 1,249.0 1,276.2 1,312.4 1,272.6 1,260.2 1,243.0 1,175.2 1,082.7 1,064.9 1,037.0 1,001.4 976.0 965.7 892.2 806.0 790.1 514.4 511.3 475.3 466.3
Debt Metrics
Total Debt 95.5 99.6 103.1 103.6 105.3 91.7 94.2 90.6 90.0 86.4 88.4 89.3 84.2 83.8 84.4 84.8 83.3 4.5 5.2 5.6 28.3 27.0 77.5 78.1
Net Debt (78.3) (159.5) (97.6) (108.2) (51.0) (201.2) (217.7) (165.5) (212.1) (223.7) (170.8) (206.1) (201.6) (184.1) (158.3) (139.0) (128.3) (217.0) (314.6) (324.7) (21.6) (6.4) 60.2 67.2
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3
Operating Activities
Net Income 6.4 29.3 10.2 8.8 2.4 23.4 18.2 7.5 7.2 33.1 13.3 12.8 12.2 18.1 10.3 10.3 4.6 28.3 7.9 (12.6) 5.6 8.1 5.8 4.1 2.4 7.7 7.0
Depreciation & Amortization 15.3 14.3 15.2 14.7 12.4 11.8 11.5 11.0 10.9 11.5 10.7 9.7 9.0 8.9 8.1 8.3 9.0 8.3 7.5 7.4 7.1 6.4 6.1 6.1 5.9 5.2 0
Stock-Based Compensation 0 25.5 27.4 27.0 24.3 22.8 22.9 24.7 20.2 16.5 15.8 15.2 11.8 11.1 11.0 9.3 11.0 9.8 4.8 4.7 2.5 2.4 1.6 1.1 0.8 0.5 0.4
Change in Working Capital (48.1) 13.2 (22.1) (7.4) (0.7) (22.4) 3.6 (2.0) (5.9) (7.1) (6.9) (20.1) (9.2) 8.9 0.5 (2.3) (28.3) (19.7) (2.1) 5.5 2.8 (16.2) (14.6) (6.5) 3.9 (9.8) 0
Other Non-Cash Items 29.1 3.6 3.8 2.9 2.6 6.3 4.1 2.3 3.3 3.4 5.7 4.4 3.0 3.2 3.9 5.2 3.5 0.9 (0.6) 19.5 2.8 3.9 2.2 1.4 1.3 (0.3) (7.4)
Operating Cash Flow 4.2 72.7 51.2 49.6 37.7 37.4 54.6 35.9 31.8 52.1 35.5 10.7 21.4 36.5 31.8 28.8 (2.2) 24.3 16.2 22.8 19.5 3.4 0.4 4.8 12.7 3.2 0
Investing Activities
Capital Expenditure (10.5) (10.6) (12.1) (9.5) (6.3) (7.4) (6.2) (7.2) (6.4) (4.7) (4.6) (3.6) (4.1) (12.3) (14.1) (8.8) (4.8) (3.9) (2.0) (1.6) (1.9) (3.2) (2.0) (1.5) (3.0) (1.9) 0
Acquisitions 0 0 0 0 (82.6) 0 0 0 0 0 (67.2) 0 0 0 0 0 0 (124.9) 0 0 0 0 0 0 0 (34.6) 0
Purchases of Investments 0 0 0 0 0 (17.7) 0 (49.7) (32.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 5.1 0 0 49.7 32.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 (1.0) 0 12.7 (1) 0 0 0 0 0 0 0 0 0 0 0 0 0 (24.3) 0 0 0 0 0 0 0 0
Investing Cash Flow (10.5) (11.6) (7.1) 3.2 (89.9) 24.7 26.0 (56.9) (38.6) (4.7) (71.9) (3.6) (4.1) (12.3) (14.1) (8.8) (4.8) (128.8) (26.3) (1.6) (1.9) (3.2) (2.0) (1.5) (3.0) (36.5) 0
Financing Activities
Net Debt Issuance (1.6) (1.6) (1.6) (0.9) (0.5) (0.5) (0.4) (0.7) (0.8) (0.7) (0.6) (0.5) (0.5) (0.6) (0.4) (0.4) (0.5) (0.7) (0.4) (22.6) (0.2) (52.1) (0.7) (0.5) (0.6) (0.9) 0
Stock Repurchased (75.1) (2.7) (53.5) (0.5) (85.5) (80.7) (25.7) (25.7) (1.8) (0.9) (0.9) (2.0) (0.8) (0.6) (0.5) (8.1) (1.1) 0 (1.8) 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (1.4) 0 0.3 1.1 0.2 2.0 0.3 2.8 1.7 4.4 0 0 1.8 1.9 2.4 1.6 (1.6) 7.1 2.0 (0.0) (0.6) 67.4 0.6 (2.5) (1.2) (1.9) 0
Financing Cash Flow (78.1) (3.1) (54.8) (0.3) (85.8) (79.2) (25.7) (23.6) (0.9) 2.8 0.5 2.6 0.5 0.7 1.5 (7.0) (3.1) 6.4 (0.2) 259.2 (0.9) 15.3 (0.2) (2.9) (1.8) (2.8) 0
Cash Position
Net Change in Cash (85.2) 58.3 (11.1) 55.5 (136.4) (19.1) 55.9 (45.1) (8.1) 50.9 (36.3) 9.7 17.9 25.1 18.9 12.1 (10.0) (98.1) (10.5) 280.5 16.5 15.7 (1.7) 0.4 7.7 (36.0) 0
Cash at Beginning 259.0 201.7 212.8 157.3 293.7 312.9 257.0 302.1 310.3 259.3 295.6 285.9 267.9 242.8 223.9 211.7 221.7 319.9 330.4 49.9 33.4 17.7 19.4 19.0 11.3 47.4 0
Cash at End 173.8 260.0 201.7 212.8 157.3 293.7 312.9 257.0 302.1 310.3 259.2 295.6 285.9 267.9 242.8 223.9 211.7 221.7 319.9 330.4 49.9 33.4 17.7 19.4 19.0 11.3 0
Free Cash Flow (6.4) 62.1 39.0 40.1 31.4 30.0 48.4 28.7 25.4 47.4 30.9 7.2 17.3 24.2 17.7 20.0 (7.0) 20.4 14.2 21.2 17.5 0.2 (1.6) 3.3 9.7 1.3 0
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3
Income Statement
Revenue 180.8 205.6 188.6 189.0 165.1 190.6 169.6 155.9 140.8 172.2 144.0 133.7 122.6 133.6 112.3 109.8 96.7 105.5 83.1 76.5 67.6 78.6 61.0 53.0 51.2 57.7 46.4
Gross Profit 132.3 169.6 155.2 155.9 134.1 156.3 140.1 129.8 114.2 142.2 117.5 107.6 98.6 110.8 92.9 91.0 79.8 87.1 69.7 64.2 57.4 66.9 52.0 45.4 43.9 50.2 40.1
Operating Income 15.6 37.8 21.1 13.5 6.8 38.8 25.7 11.0 6.9 37.6 18.2 14.6 15.2 28.6 14.4 13.2 2.9 16.0 11.8 (9.9) 8.8 3.7 5.8 7.2 4.6 13.7 11.5
Net Income 6.4 29.3 10.2 8.8 2.4 23.4 18.2 7.5 7.2 33.1 13.3 12.8 12.2 18.1 10.3 10.3 4.6 28.3 7.9 (12.6) 5.6 8.1 5.8 4.1 2.4 7.7 7.0
EPS (Diluted) 0.04 0.18 0.06 0.05 0.01 0.14 0.10 0.04 0.04 0.19 0.08 0.07 0.07 0.11 0.06 0.06 0.03 0.17 0.05 -0.08 0.04 0.05 0.04 0.03 0.02 0.05 0.05
Balance Sheet
Cash & Equivalents 173.8 259.0 200.7 211.8 156.4 292.8 311.9 256.1 302.0 310.1 259.2 295.4 285.7 267.8 242.7 223.7 211.6 221.6 319.8 330.4 49.8 33.4 17.3 10.9
Total Assets 1,274.4 1,354.1 1,295.9 1,296.9 1,249.0 1,276.2 1,312.4 1,272.6 1,260.2 1,243.0 1,175.2 1,082.7 1,064.9 1,037.0 1,001.4 976.0 965.7 892.2 806.0 790.1 514.4 511.3 475.3 466.3
Total Debt 95.5 99.6 103.1 103.6 105.3 91.7 94.2 90.6 90.0 86.4 88.4 89.3 84.2 83.8 84.4 84.8 83.3 4.5 5.2 5.6 28.3 27.0 77.5 78.1
Stockholders' Equity 1,081.3 1,131.3 1,076.2 1,090.0 1,032.4 1,083.5 1,130.6 1,105.2 1,097.1 1,073.9 1,011.3 934.2 903.2 876.9 840.0 821.3 813.7 799.1 732.8 719.4 424.6 416.7 335.2 318.0
Cash Flow
Operating Cash Flow 4.2 72.7 51.2 49.6 37.7 37.4 54.6 35.9 31.8 52.1 35.5 10.7 21.4 36.5 31.8 28.8 (2.2) 24.3 16.2 22.8 19.5 3.4 0.4 4.8 12.7 3.2 0
Capital Expenditure (10.5) (10.6) (12.1) (9.5) (6.3) (7.4) (6.2) (7.2) (6.4) (4.7) (4.6) (3.6) (4.1) (12.3) (14.1) (8.8) (4.8) (3.9) (2.0) (1.6) (1.9) (3.2) (2.0) (1.5) (3.0) (1.9) 0
Free Cash Flow (6.4) 62.1 39.0 40.1 31.4 30.0 48.4 28.7 25.4 47.4 30.9 7.2 17.3 24.2 17.7 20.0 (7.0) 20.4 14.2 21.2 17.5 0.2 (1.6) 3.3 9.7 1.3 0