DV

Updated: Jul 04, 2026 02:40 PM

DoubleVerify Holdings Inc

Market Cap: $1.76B P/S: 10x Ownership — Insider: 1.2% | Institutional: 107.9% | Retail: -9.1% COMMUNICATION SERVICES ADVERTISING AGENCIES

DoubleVerify Holdings, Inc. provides a software platform for digital media measurement, data, and analysis. The company is headquartered in New York, New York with additional locations at Berlin, Germany; Chicago, Illinois; Merelbeke, Belgium; Helsinki, Finland; London, United Kingdom; Los Angeles and San Francisco, California; Miguel Hidalgo, Mexico; Paris, France; So Paulo, Brazil; Singapore, Singapore; Sydney, Australia; Tel Aviv, Israel; and Tokyo, Japan.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        8/8 dates (100%)
  ✅ grossProfit                         8/8 dates (100%)
  ✅ netIncome                           8/8 dates (100%)

Plot for DV (in M)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               0.00M           187.07M          374.15M          561.22M           748.29M
               |                |                |                |                 |

  2018-12-31 |  104.30M
  2019-12-31 |  182.66M
  2020-12-31 |  243.92M
  2021-12-31 |  332.74M
  2022-12-31 |  452.42M
  2023-12-31 |  572.54M
  2024-12-31 |  656.85M
  2025-12-31 |  748.29M

               |                |                |                |                 |
               0.00M           187.07M          374.15M          561.22M           748.29M

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              8/8 dates (100%)
  ✅ sellingGeneralAndAdministrative     8/8 dates (100%)
  ✅ costofGoodsAndServicesSold          8/8 dates (100%)

Plot for DV (in M)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M           44.61M           89.22M           133.83M           178.44M
               |                |                |                |                 |

  2018-12-31 |  24.22M
  2019-12-31 |  31.60M
  2020-12-31 |  53.06M
  2021-12-31 |  81.38M
  2022-12-31 |  95.12M
  2023-12-31 |  125.38M
  2024-12-31 |  153.05M
  2025-12-31 |  178.44M

               |                |                |                |                 |
               0.00M           44.61M           89.22M           133.83M           178.44M

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         8/8 dates (100%)
  ✅ shortLongTermDebtTotal              8/8 dates (100%)
  ✅ operatingCashflow                   8/8 dates (100%)

Plot for DV (in M)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               0.00M           77.53M           155.07M          232.60M           310.13M
               |                |                |                |                 |

  2018-12-31 |  58.65M
  2019-12-31 |  78.08M
  2020-12-31 |  33.35M
  2021-12-31 |  221.59M
  2022-12-31 |  267.81M
  2023-12-31 |  310.13M
  2024-12-31 |  292.82M
  2025-12-31 |  259.04M

               |                |                |                |                 |
               0.00M           77.53M           155.07M          232.60M           310.13M

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   8/8 dates (100%)
  ✅ capitalExpenditures                 8/8 dates (100%)

Plot for DV (in M)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               0.00M           52.80M           105.59M          158.39M           211.18M
               |                |                |                |                 |

  2018-12-31 |  12.06M
  2019-12-31 |  29.43M
  2020-12-31 |  21.22M
  2021-12-31 |  82.75M
  2022-12-31 |  94.86M
  2023-12-31 |  119.74M
  2024-12-31 |  159.66M
  2025-12-31 |  211.18M

               |                |                |                |                 |
               0.00M           52.80M           105.59M          158.39M           211.18M

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         8/8 dates (100%)
  ✅ totalLiabilities                    8/8 dates (100%)
  ✅ totalShareholderEquity              8/8 dates (100%)

Plot for DV (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B            0.34B            0.68B            1.02B             1.35B
               |                |                |                |                 |

  2018-12-31 |  0.40B
  2019-12-31 |  0.47B
  2020-12-31 |  0.51B
  2021-12-31 |  0.89B
  2022-12-31 |  1.04B
  2023-12-31 |  1.24B
  2024-12-31 |  1.28B
  2025-12-31 |  1.35B

               |                |                |                |                 |
               0.00B            0.34B            0.68B            1.02B             1.35B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           8/8 dates (100%)
  ✅ shortLongTermDebtTotal              8/8 dates (100%)
  ✅ totalShareholderEquity              8/8 dates (100%)

Plot for DV (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               0.00B            0.28B            0.57B            0.85B             1.13B
               |                |                |                |                 |

  2018-12-31 |  0.29B
  2019-12-31 |  0.32B
  2020-12-31 |  0.42B
  2021-12-31 |  0.80B
  2022-12-31 |  0.88B
  2023-12-31 |  1.07B
  2024-12-31 |  1.08B
  2025-12-31 |  1.13B

               |                |                |                |                 |
               0.00B            0.28B            0.57B            0.85B             1.13B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        25/25 dates (100%)
  ✅ grossProfit                         25/25 dates (100%)
  ✅ netIncome                           25/25 dates (100%)

Plot for DV (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -205.59M         -102.79M           0.00M           102.79M           205.59M
               |                |                |                |                 |

  2020-03-31 |                                   |  51.22M
  2020-06-30 |                                   |  53.02M
  2020-09-30 |                                   |  61.04M
  2020-12-31 |                                   |  78.64M
  2021-03-31 |                                   |  67.59M
  2021-06-30 |                                 |  76.52M
  2021-09-30 |                                   |  83.10M
  2021-12-31 |                                   |  105.53M
  2022-03-31 |                                   |  96.72M
  2022-06-30 |                                   |  109.81M
  2022-09-30 |                                   |  112.25M
  2022-12-31 |                                   |  133.64M
  2023-03-31 |                                   |  122.59M
  2023-06-30 |                                   |  133.74M
  2023-09-30 |                                   |  143.97M
  2023-12-31 |                                   |  172.23M
  2024-03-31 |                                   |  140.78M
  2024-06-30 |                                   |  155.89M
  2024-09-30 |                                   |  169.56M
  2024-12-31 |                                   |  190.62M
  2025-03-31 |                                   |  165.06M
  2025-06-30 |                                   |  189.02M
  2025-09-30 |                                   |  188.62M
  2025-12-31 |                                   |  205.59M
  2026-03-31 |                                   |  180.82M

               |                |                |                |                 |
               -205.59M         -102.79M           0.00M           102.79M           205.59M

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              25/25 dates (100%)
  ✅ sellingGeneralAndAdministrative     25/25 dates (100%)
  ✅ costofGoodsAndServicesSold          25/25 dates (100%)

Plot for DV (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M           12.12M           24.25M           36.37M            48.50M
               |                |                |                |                 |

  2020-03-31 |  10.70M
  2020-06-30 |  10.91M
  2020-09-30 |  13.09M
  2020-12-31 |  23.73M
  2021-03-31 |  14.18M
  2021-06-30 |  32.02M
  2021-09-30 |  16.36M
  2021-12-31 |  23.06M
  2022-03-31 |  21.59M
  2022-06-30 |  23.22M
  2022-09-30 |  23.93M
  2022-12-31 |  26.38M
  2023-03-31 |  28.55M
  2023-06-30 |  31.94M
  2023-09-30 |  32.31M
  2023-12-31 |  32.56M
  2024-03-31 |  36.39M
  2024-06-30 |  39.81M
  2024-09-30 |  39.31M
  2024-12-31 |  37.54M
  2025-03-31 |  44.72M
  2025-06-30 |  47.20M
  2025-09-30 |  44.84M
  2025-12-31 |  41.68M
  2026-03-31 |  48.50M

               |                |                |                |                 |
               0.00M           12.12M           24.25M           36.37M            48.50M

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ⚠️  cashAndShortTermInvestments         24/25 dates (96%)
  ⚠️  shortLongTermDebtTotal              23/25 dates (92%)
  ✅ operatingCashflow                   25/25 dates (100%)

Plot for DV (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -330.36M         -165.18M           0.00M           165.18M           330.36M
               |                |                |                |                 |

  2020-03-31 |                                  |  12.70M ⊗
  2020-06-30 |                                   |  4.76M ⊗⊗
  2020-09-30 |                                   |  77.51M
  2020-12-31 |                                   |  33.35M
  2021-03-31 |                                   |  49.81M
  2021-06-30 |                                   |  330.36M
  2021-09-30 |                                   |  319.82M
  2021-12-31 |                                   |  221.59M
  2022-03-31 |                                  |  211.60M
  2022-06-30 |                                   |  223.74M
  2022-09-30 |                                   |  242.69M
  2022-12-31 |                                   |  267.81M
  2023-03-31 |                                   |  285.74M
  2023-06-30 |                                   |  295.44M
  2023-09-30 |                                   |  259.21M
  2023-12-31 |                                   |  310.13M
  2024-03-31 |                                   |  302.02M
  2024-06-30 |                                   |  256.07M
  2024-09-30 |                                   |  311.91M
  2024-12-31 |                                   |  292.82M
  2025-03-31 |                                   |  156.36M
  2025-06-30 |                                   |  211.78M
  2025-09-30 |                                   |  200.73M
  2025-12-31 |                                   |  259.04M
  2026-03-31 |                                   |  173.80M

               |                |                |                |                 |
               -330.36M         -165.18M           0.00M           165.18M           330.36M

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   25/25 dates (100%)
  ✅ capitalExpenditures                 25/25 dates (100%)

Plot for DV (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -72.73M          -36.36M           0.00M           36.36M            72.73M
               |                |                |                |                 |

  2020-03-31 |                                   |  12.70M
  2020-06-30 |                                   |  4.76M
  2020-09-30 |                                   |  1.98M
  2020-12-31 |                                   |  3.38M
  2021-03-31 |                                   |  19.46M
  2021-06-30 |                                   |  22.76M
  2021-09-30 |                                   |  16.21M
  2021-12-31 |                                   |  24.32M
  2022-03-31 |                                  |  4.76M
  2022-06-30 |                                   |  28.80M
  2022-09-30 |                                   |  31.81M
  2022-12-31 |                                   |  36.50M
  2023-03-31 |                                   |  21.43M
  2023-06-30 |                                   |  10.74M
  2023-09-30 |                                   |  35.52M
  2023-12-31 |                                   |  52.05M
  2024-03-31 |                                   |  31.77M
  2024-06-30 |                                   |  35.88M
  2024-09-30 |                                   |  54.62M
  2024-12-31 |                                   |  37.38M
  2025-03-31 |                                   |  37.66M
  2025-06-30 |                                   |  49.61M
  2025-09-30 |                                   |  51.18M
  2025-12-31 |                                   |  72.73M
  2026-03-31 |                                   |  10.54M

               |                |                |                |                 |
               -72.73M          -36.36M           0.00M           36.36M            72.73M

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ⚠️  totalAssets                         23/25 dates (92%)
  ⚠️  totalLiabilities                    23/25 dates (92%)
  ⚠️  totalShareholderEquity              24/25 dates (96%)

Plot for DV (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B            0.34B            0.68B            1.02B             1.35B
               |                |                |                |                 |

  2020-03-31 |  0.32B ⊗⊗
  2020-09-30 |  0.48B
  2020-12-31 |  0.51B
  2021-03-31 |  0.51B
  2021-06-30 |  0.79B
  2021-09-30 |  0.81B
  2021-12-31 |  0.89B
  2022-03-31 |  0.97B
  2022-06-30 |  0.98B
  2022-09-30 |  1.00B
  2022-12-31 |  1.04B
  2023-03-31 |  1.06B
  2023-06-30 |  1.08B
  2023-09-30 |  1.18B
  2023-12-31 |  1.24B
  2024-03-31 |  1.26B
  2024-06-30 |  1.27B
  2024-09-30 |  1.31B
  2024-12-31 |  1.28B
  2025-03-31 |  1.25B
  2025-06-30 |  1.30B
  2025-09-30 |  1.30B
  2025-12-31 |  1.35B
  2026-03-31 |  1.27B

               |                |                |                |                 |
               0.00B            0.34B            0.68B            1.02B             1.35B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           25/25 dates (100%)
  ⚠️  shortLongTermDebtTotal              23/25 dates (92%)
  ⚠️  totalShareholderEquity              24/25 dates (96%)

Plot for DV (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -1.13B           -0.57B            0.00B            0.57B             1.13B
               |                |                |                |                 |

  2020-03-31 |                                   |  0.32B ⊗
  2020-06-30 |                                   |  0.00B ⊗⊗
  2020-09-30 |                                   |  0.34B
  2020-12-31 |                                   |  0.42B
  2021-03-31 |                                   |  0.42B
  2021-06-30 |                                  |  0.72B
  2021-09-30 |                                   |  0.73B
  2021-12-31 |                                   |  0.80B
  2022-03-31 |                                   |  0.81B
  2022-06-30 |                                   |  0.82B
  2022-09-30 |                                   |  0.84B
  2022-12-31 |                                   |  0.88B
  2023-03-31 |                                   |  0.90B
  2023-06-30 |                                   |  0.93B
  2023-09-30 |                                   |  1.01B
  2023-12-31 |                                   |  1.07B
  2024-03-31 |                                   |  1.10B
  2024-06-30 |                                   |  1.11B
  2024-09-30 |                                   |  1.13B
  2024-12-31 |                                   |  1.08B
  2025-03-31 |                                   |  1.03B
  2025-06-30 |                                   |  1.09B
  2025-09-30 |                                   |  1.08B
  2025-12-31 |                                   |  1.13B
  2026-03-31 |                                   |  1.08B

               |                |                |                |                 |
               -1.13B           -0.57B            0.00B            0.57B             1.13B

Price History

Volume

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