DoubleVerify Financial Statements
NYSE: DVTechnologyComputer Software: Programming Data ProcessingUSD
Market open · Delayed 15 min · as of Oct 9, 1:45 PM ET
DoubleVerify revenue and earnings
In fiscal 2025, DoubleVerify generated $748.3 million in revenue, up 13.9% from fiscal 2024, its 6th consecutive year of revenue growth. Net income was $50.6 million (-9.9% year over year), for a net margin of 6.8% versus a median of 8.8% in the prior 5 years. Gross margin was 82.2% (down from 82.3%) and operating margin 10.6%.
Diluted earnings per share came in at $0.30, down from $0.32. Over the last 5 fiscal years, DV's revenue has grown at a 25.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
DoubleVerify income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Revenue | 748.29M | 656.85M | 572.54M | 452.42M | 332.74M | 243.92M | 182.66M |
| Revenue growth (YoY) | +13.92% | +14.72% | +26.55% | +35.97% | +36.42% | +33.53% | — |
| Cost of Revenue | 133.50M | 116.52M | 106.63M | 77.87M | 54.38M | 35.75M | 24.85M |
| Gross Profit | 614.79M | 540.33M | 465.91M | 374.55M | 278.36M | 208.17M | 157.81M |
| Operating Expenses | 535.59M | 457.91M | 380.19M | 315.53M | 251.68M | 186.81M | 118.71M |
| Research & Development | 178.44M | 153.05M | 125.38M | 95.12M | 62.70M | 47.00M | 31.60M |
| Selling, General & Admin | 300.57M | 259.65M | 213.92M | 186.08M | 158.69M | 115.21M | 65.30M |
| Operating Income | 79.20M | 82.42M | 85.73M | 59.02M | 26.68M | 21.36M | 39.10M |
| Interest Expense | 1.73M | 1.12M | 1.07M | 905.00K | 1.17M | 4.93M | 5.20M |
| Other Income (Expense) | 5.24M | 7.49M | 11.22M | 1.25M | 309.00K | 885.00K | 1.46M |
| Pretax Income | 82.71M | 88.79M | 95.88M | 59.37M | 25.82M | 17.31M | 35.36M |
| Income Tax | 32.06M | 32.56M | 24.41M | 16.10M | -3.49M | -3.14M | 12.05M |
| Net Income | 50.65M | 56.23M | 71.47M | 43.27M | 29.31M | 20.45M | 23.31M |
| Net Income growth (YoY) | -9.93% | -21.32% | +65.17% | +47.63% | +43.29% | -12.25% | — |
| EPS (Basic) | 0.31 | 0.33 | 0.43 | 0.26 | 0.20 | 0.15 | 0.17 |
| EPS (Diluted) | 0.30 | 0.32 | 0.41 | 0.25 | 0.18 | 0.14 | 0.16 |
| Shares Outstanding (Basic) | 162.78M | 170.51M | 167.80M | 163.88M | 148.31M | 138.07M | 139.65M |
| Shares Outstanding (Diluted) | 166.68M | 175.08M | 173.44M | 170.75M | 160.26M | 145.44M | 143.05M |
| EBITDA | 135.78M | 127.64M | 126.61M | 93.35M | 56.97M | 45.95M | 60.92M |
| Gross Margin | 82.16% | 82.26% | 81.38% | 82.79% | 83.66% | 85.34% | 86.40% |
| Operating Margin | 10.58% | 12.55% | 14.97% | 13.05% | 8.02% | 8.76% | 21.41% |
| Net Margin | 6.77% | 8.56% | 12.48% | 9.56% | 8.81% | 8.39% | 12.76% |
This table shows 7 annual periods of DoubleVerify's income statement, from FY 2025 back to FY 2019, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow DV's reporting calendar. What is a income statement?