📊 DV Key Takeaways
Is DoubleVerify Holdings, Inc. (DV) a Good Investment?
DoubleVerify demonstrates solid balance sheet strength with low leverage, strong liquidity, and positive accounting profitability, but faces material headwinds with negative free cash flow and extremely weak returns on assets (0.5%) and equity (0.6%), suggesting capital deployment challenges despite operational profits. The combination of positive net income with negative FCF indicates the company is profitable on an accrual basis but burning cash operationally or via heavy capex, raising sustainability concerns.
DoubleVerify shows solid fundamental quality through a very strong balance sheet, high liquidity, minimal leverage, and robust free cash flow generation. However, profitability is only moderate, EPS declined year over year, and the reported revenue growth appears distorted by data-quality issues, which makes the growth profile harder to trust without cleaner trend confirmation.
DoubleVerify Holdings, Inc. Key Strengths (DV)
- Fortress balance sheet: only 0.02x debt-to-equity ratio with $173.8M cash, providing substantial financial runway
- Exceptional liquidity: 4.77x current ratio and 37.9x interest coverage indicate no solvency risk
- Positive operating income ($15.6M) and net income ($6.4M) demonstrate underlying business profitability on accrual basis
- Strong balance sheet with low debt and substantial cash reserves
- Excellent liquidity and financial flexibility with current and quick ratios above 4x
- High cash conversion with free cash flow of $172.65M and a 23.1% FCF margin
DV Stock Risks: DoubleVerify Holdings, Inc. Investment Risks
- Negative free cash flow of -$6.4M despite positive net income signals structural cash generation problem; company burning cash despite accounting profits
- Critically low returns: 0.6% ROE and 0.5% ROA indicate severe capital inefficiency and poor capital allocation despite $1.3B in assets
- Missing gross margin data and low 3.5% net margin for software/services sector suggest either margin compression, high operating costs, or incomplete financial reporting
- Reported revenue growth appears unreliable, raising questions about growth quality and comparability
- Net margin and ROE remain relatively modest for a software/data business
- Diluted EPS declined year over year despite positive net income, suggesting pressure on per-share earnings
Key Metrics to Watch
- Free cash flow trend and operating cash flow improvement trajectory (currently negative, must reverse)
- ROE and ROA progression (currently at distressed levels; monitor for recovery as company scales)
- Gross margin sustainability and operating expense ratio (missing gross profit data requires clarification)
- Sustainable year-over-year revenue growth excluding reporting distortions
- Operating margin and diluted EPS trend
DoubleVerify Holdings, Inc. (DV) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 4.77x current ratio provides a solid financial cushion.
DV Profit Margin, ROE & Profitability Analysis
DV vs Technology Sector: How DoubleVerify Holdings, Inc. Compares
How DoubleVerify Holdings, Inc. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is DoubleVerify Holdings, Inc. Stock Overvalued? DV Valuation Analysis 2026
Based on fundamental analysis, DoubleVerify Holdings, Inc. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
DoubleVerify Holdings, Inc. Balance Sheet: DV Debt, Cash & Liquidity
DV Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: DoubleVerify Holdings, Inc.'s revenue has grown significantly by 125% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.41 reflects profitable operations.
DV Revenue Growth, EPS Growth & YoY Performance
DV Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $165.1M | $2.4M | $0.01 |
| Q3 2025 | $169.6M | $2.4M | $0.06 |
| Q2 2025 | $155.9M | $2.4M | $0.04 |
| Q1 2025 | $140.8M | $2.4M | $0.01 |
| Q3 2024 | $144.0M | $7.2M | $0.08 |
| Q2 2024 | $133.7M | $7.2M | $0.04 |
| Q1 2024 | $122.6M | $7.2M | $0.04 |
| Q3 2023 | $112.3M | $4.6M | $0.06 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
DoubleVerify Holdings, Inc. Dividends, Buybacks & Capital Allocation
DV SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for DoubleVerify Holdings, Inc. (CIK: 0001819928)
📋 Recent SEC Filings
❓ Frequently Asked Questions about DV
What is the AI rating for DV?
DoubleVerify Holdings, Inc. (DV) has a Combined AI Grade of B from Claude (B) and ChatGPT (B) with 67% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are DV's key strengths?
Claude: Fortress balance sheet: only 0.02x debt-to-equity ratio with $173.8M cash, providing substantial financial runway. Exceptional liquidity: 4.77x current ratio and 37.9x interest coverage indicate no solvency risk. ChatGPT: Strong balance sheet with low debt and substantial cash reserves. Excellent liquidity and financial flexibility with current and quick ratios above 4x.
What are the risks of investing in DV?
Claude: Negative free cash flow of -$6.4M despite positive net income signals structural cash generation problem; company burning cash despite accounting profits. Critically low returns: 0.6% ROE and 0.5% ROA indicate severe capital inefficiency and poor capital allocation despite $1.3B in assets. ChatGPT: Reported revenue growth appears unreliable, raising questions about growth quality and comparability. Net margin and ROE remain relatively modest for a software/data business.
What is DV's revenue and growth?
DoubleVerify Holdings, Inc. reported revenue of $180.8M.
Does DV pay dividends?
DoubleVerify Holdings, Inc. does not currently pay dividends.
Where can I find DV SEC filings?
Official SEC filings for DoubleVerify Holdings, Inc. (CIK: 0001819928) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is DV's EPS?
DoubleVerify Holdings, Inc. has a diluted EPS of $0.04.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is DV's fundamental grade?
Based on our AI fundamental analysis in June 2026, DoubleVerify Holdings, Inc. has a B grade with 67% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is DV stock overvalued or undervalued?
Valuation metrics for DV: ROE of 0.6% (sector avg: 22%), net margin of 3.5% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
What is DV's AI grade for 2026?
Our dual AI analysis gives DoubleVerify Holdings, Inc. a combined B grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is DV's free cash flow?
DoubleVerify Holdings, Inc.'s operating cash flow is $4.2M, with capital expenditures of $10.5M. FCF margin is -3.5%.
How does DV compare to other Technology stocks?
Vs Technology sector averages: Net margin 3.5% (avg: 18%), ROE 0.6% (avg: 22%), current ratio 4.77 (avg: 2.5).