DoubleVerify Holdings, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $748.3M | $656.8M | $572.5M | $452.4M | $332.7M | $243.9M | $182.7M |
| Cost of Revenue | — | $133.5M | $116.5M | $106.6M | $77.9M | $54.4M | $35.8M | $24.8M |
| Gross Profit | — | $614.8M | $540.3M | $465.9M | $374.6M | $278.4M | $208.2M | $157.8M |
| Gross Margin | — | 82.2% | 82.3% | 81.4% | 82.8% | 83.7% | 85.3% | 86.4% |
| Operating Expenses | ||||||||
| Research & Development | — | $178.4M | $153.0M | $125.4M | $95.1M | $62.7M | $47.0M | $31.6M |
| SG&A Expense | — | $109.7M | $92.1M | $88.0M | $78.7M | $81.4M | $53.1M | $26.9M |
| Operating Income | — | $79.2M | $82.4M | $85.7M | $59.0M | $26.7M | $21.4M | $39.1M |
| Operating Margin | — | 10.6% | 12.5% | 15.0% | 13.0% | 8.0% | 8.8% | 21.4% |
| Interest Expense | — | $1.7M | $1.1M | $1.1M | $905.0K | $1.2M | $4.9M | $5.2M |
| Pretax Income | — | $82.7M | $88.8M | $95.9M | $59.4M | $25.8M | $17.3M | $35.4M |
| Income Tax Expense | — | $32.1M | $32.6M | $24.4M | $16.1M | $-3.5M | $-3.1M | $12.1M |
| Net Income | — | $50.7M | $56.2M | $71.5M | $43.3M | $29.3M | $20.5M | $23.3M |
| Net Margin | — | 6.8% | 8.6% | 12.5% | 9.6% | 8.8% | 8.4% | 12.8% |
| 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) | 162.0M | 162.8M | 170.5M | 167.8M | 163.9M | 148.3M | 138.1M | 139.7M |
| Shares Outstanding (Diluted) | 162.0M | 166.7M | 175.1M | 173.4M | 170.8M | 160.3M | 145.4M | 143.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |