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Hsbc Holdings PLC bought a new stake in shares of DoubleVerify Holdings, Inc. (NYSE:DV – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 77,453 shares of the company’s stock, valued at approximately $839,000.

Several other institutional investors have also added to or reduced their stakes in DV. Quantbot Technologies LP bought a new stake in shares of DoubleVerify during the 2nd quarter valued at $27,000. Quadrant Capital Group LLC raised its holdings in DoubleVerify by 154.5% in the 4th quarter. Quadrant Capital Group LLC now owns 2,458 shares of the company’s stock worth $28,000 after purchasing an additional 1,492 shares during the period. UMB Bank n.a. raised its holdings in DoubleVerify by 124.3% in the 4th quarter. UMB Bank n.a. now owns 2,757 shares of the company’s stock worth $32,000 after purchasing an additional 1,528 shares during the period. Bayforest Capital Ltd purchased a new position in DoubleVerify during the second quarter valued at $36,000. Finally, Tower Research Capital LLC TRC lifted its position in DoubleVerify by 253.6% during the second quarter. Tower Research Capital LLC TRC now owns 3,709 shares of the company’s stock valued at $56,000 after purchasing an additional 2,660 shares in the last quarter. 97.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades A number of brokerages have commented on DV. Citizens Jmp cut DoubleVerify from a “market outperform” rating to a “hold” rating in a research report on Friday, August 7th. Truist Financial lowered shares of DoubleVerify from a “buy” rating to a “hold” rating and reduced their target price for the stock from $16.00 to $13.60 in a report on Friday, August 7th. The Goldman Sachs Group raised their price target on DoubleVerify from $10.50 to $12.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Raymond James Financial cut shares of DoubleVerify from an “outperform” rating to a “market perform” rating in a research report on Friday, August 7th. Finally, Nomura set a $13.60 target price on DoubleVerify in a research report on Friday, August 7th. Two equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, DoubleVerify has a consensus rating of “Hold” and an average price target of $13.52.

Check Out Our Latest Stock Report on DoubleVerify DoubleVerify Price Performance DV stock opened at $13.37 on Wednesday. DoubleVerify Holdings, Inc. has a 52 week low of $7.64 and a 52 week high of $16.28. The firm has a market capitalization of $2.07 billion, a P/E ratio of 37.14, a price-to-earnings-growth ratio of 1.46 and a beta of 0.99. The company has a fifty day simple moving average of $12.02 and a two-hundred day simple moving average of $10.78. The company has a quick ratio of 4.50, a current ratio of 4.50 and a debt-to-equity ratio of 0.01.

DoubleVerify (NYSE:DV – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.11. The firm had revenue of $193.79 million for the quarter, compared to the consensus estimate of $202.23 million. DoubleVerify had a net margin of 7.66% and a return on equity of 8.77%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.05 EPS. Analysts anticipate that DoubleVerify Holdings, Inc. will post 0.59 earnings per share for the current fiscal year.

DoubleVerify Profile (Free Report)

DoubleVerify, Inc is a leading digital media measurement and analytics company that helps advertisers, publishers and platforms ensure their digital advertising campaigns are viewable, fraud-free and brand-safe. The company’s platform integrates data science, machine learning and proprietary analytics to authenticate the quality of media across display, video, mobile, CTV and social channels. By delivering real-time insights into ad viewability, fraud detection and contextual relevance, DoubleVerify empowers marketers to optimize campaign performance and drive better return on ad spend.

At the core of DoubleVerify’s offering are solutions for viewability measurement, invalid traffic (IVT) detection, brand safety and suitability, contextual targeting and campaign performance analytics.

See Also Five stocks we like better than DoubleVerify Dutch Bros Sell-Off Creates a Growth Opportunity NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat Is Abercrombie & Fitch’s Hot Streak Just Getting Started? Medtronic’s Stars Are Aligning for a Price Recovery Want to see what other hedge funds are holding DV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DoubleVerify Holdings, Inc. (NYSE:DV – Free Report).

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Investors might want to bet on DoubleVerify Holdings (DV - Free Report) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.

The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.

The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.

Therefore, the Zacks rating upgrade for DoubleVerify basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for DoubleVerify imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.

Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for DoubleVerifyFor the fiscal year ending December 2026, this software platform for digital media measurement and analytics is expected to earn $1.08 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for DoubleVerify. Over the past three months, the Zacks Consensus Estimate for the company has increased 7.5%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of DoubleVerify to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

NEW YORK, Aug. 13, 2026 (GLOBE NEWSWIRE) -- DoubleVerify (“DV”) (NYSE: DV), the leading software platform to verify media quality, optimize ad performance and prove campaign outcomes, today announced the global availability of independent media quality measurement on TikTok Pangle across the United States and international markets. “Adding support for Pangle is an exciting milestone in DV's partnership with TikTok,” said Steven Woolway, Executive Vice President of Business Development at DoubleVerify.

Posted by Defense World Staff on Aug 13th, 2026

California State Teachers Retirement System increased its holdings in DoubleVerify Holdings, Inc. (NYSE:DV – Free Report) by 39.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 179,209 shares of the company’s stock after buying an additional 51,060 shares during the quarter. California State Teachers Retirement System owned about 0.12% of DoubleVerify worth $1,702,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in shares of DoubleVerify by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 14,776,618 shares of the company’s stock valued at $169,045,000 after purchasing an additional 360,055 shares during the last quarter. Diversified Investment Strategies LLC acquired a new stake in shares of DoubleVerify during the 1st quarter worth $3,246,000. Ruffer LLP acquired a new stake in shares of DoubleVerify during the 4th quarter worth $7,399,000. Empowered Funds LLC purchased a new position in shares of DoubleVerify in the 1st quarter worth $1,687,000. Finally, ZWJ Investment Counsel Inc. raised its position in shares of DoubleVerify by 16.6% in the 4th quarter. ZWJ Investment Counsel Inc. now owns 1,640,121 shares of the company’s stock worth $18,763,000 after buying an additional 233,307 shares during the period. 97.29% of the stock is owned by hedge funds and other institutional investors.

DoubleVerify Stock Up 0.5% Shares of NYSE DV opened at $13.31 on Thursday. DoubleVerify Holdings, Inc. has a 12-month low of $7.64 and a 12-month high of $16.44. The company has a market cap of $2.06 billion, a P/E ratio of 36.97, a P/E/G ratio of 1.59 and a beta of 0.98. The company has a current ratio of 4.50, a quick ratio of 4.77 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average price of $11.19 and a 200 day moving average price of $10.48.

Analysts Set New Price Targets DV has been the subject of a number of research reports. Weiss Ratings reissued a “sell (d+)” rating on shares of DoubleVerify in a research report on Friday, July 17th. Royal Bank Of Canada downgraded DoubleVerify from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from $14.00 to $13.60 in a report on Friday, August 7th. Scotiabank lowered DoubleVerify from an “outperform” rating to a “sector perform” rating and reduced their price objective for the company from $15.00 to $13.60 in a research note on Friday, August 7th. BMO Capital Markets set a $13.60 target price on DoubleVerify in a report on Friday, August 7th. Finally, Canaccord Genuity Group downgraded shares of DoubleVerify from a “buy” rating to a “hold” rating and dropped their target price for the stock from $16.00 to $13.60 in a research report on Friday, August 7th. Three analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, DoubleVerify presently has an average rating of “Hold” and an average price target of $14.18.

Read Our Latest Analysis on DoubleVerify

About DoubleVerify (Free Report)

DoubleVerify, Inc is a leading digital media measurement and analytics company that helps advertisers, publishers and platforms ensure their digital advertising campaigns are viewable, fraud-free and brand-safe. The company’s platform integrates data science, machine learning and proprietary analytics to authenticate the quality of media across display, video, mobile, CTV and social channels. By delivering real-time insights into ad viewability, fraud detection and contextual relevance, DoubleVerify empowers marketers to optimize campaign performance and drive better return on ad spend.

At the core of DoubleVerify’s offering are solutions for viewability measurement, invalid traffic (IVT) detection, brand safety and suitability, contextual targeting and campaign performance analytics.

Further Reading Five stocks we like better than DoubleVerify GE Vernova’s AI Power Boom Faces a Profit Test Cardinal Health Earnings: Can Perfection Get Priced In Twice? Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand Legacy Jet Builders Stall While Embraer Accelerates to New Highs Want to see what other hedge funds are holding DV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DoubleVerify Holdings, Inc. (NYSE:DV – Free Report).

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NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of DoubleVerify Holdings, Inc. (NYSE: DV) to Nielsen Holdings. Under the terms of the proposed transaction, shareholders of DoubleVerify will receive $13.60 in cash for each share of DoubleVerify that they own. KSF is seeking to determine whether this consideration and the process that led to it a.

Posted by Defense World Staff on Aug 9th, 2026

DoubleVerify Holdings, Inc. (NYSE:DV – Get Free Report) shares gapped up prior to trading on Friday after Wells Fargo & Company upgraded the stock from an underweight rating to an equal weight rating. The stock had previously closed at $11.71, but opened at $13.23. Wells Fargo & Company now has a $13.60 price target on the stock, up from their previous price target of $8.00. DoubleVerify shares last traded at $13.2850, with a volume of 16,289,174 shares traded.

Several other research firms also recently weighed in on DV. Scotiabank downgraded DoubleVerify from an “outperform” rating to a “sector perform” rating and dropped their price target for the stock from $15.00 to $13.60 in a research report on Friday. Wall Street Zen lowered shares of DoubleVerify from a “buy” rating to a “hold” rating in a research report on Sunday, April 19th. Canaccord Genuity Group lowered DoubleVerify from a “buy” rating to a “hold” rating and dropped their price target for the stock from $16.00 to $13.60 in a research note on Friday. BMO Capital Markets set a $13.60 price objective on shares of DoubleVerify in a research report on Friday. Finally, Raymond James Financial lowered DoubleVerify from an “outperform” rating to a “market perform” rating in a research note on Friday. Three research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, DoubleVerify presently has an average rating of “Hold” and a consensus price target of $14.18.

View Our Latest Research Report on DV

Key DoubleVerify News Here are the key news stories impacting DoubleVerify this week:

Positive Sentiment: Nielsen will pay $13.60 per DoubleVerify share in cash, providing a meaningful premium and establishing a potential near-term valuation anchor. The transaction is expected to combine DoubleVerify’s media-quality and ad-performance technology with Nielsen’s audience measurement and media-intelligence business. Nielsen Is Acquiring DoubleVerify For $2.15 Billion Positive Sentiment: The acquisition announcement outweighed mixed quarterly results and drove heavy investor interest, with the stock trading close to Nielsen’s proposed cash consideration. Nielsen to Acquire DoubleVerify Institutional Investors Weigh In On DoubleVerify Several institutional investors and hedge funds have recently bought and sold shares of the business. Baird Financial Group Inc. acquired a new stake in shares of DoubleVerify in the first quarter valued at approximately $154,000. Woodline Partners LP raised its holdings in shares of DoubleVerify by 2.5% in the 1st quarter. Woodline Partners LP now owns 30,825 shares of the company’s stock worth $412,000 after purchasing an additional 762 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of DoubleVerify by 10.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 461,814 shares of the company’s stock valued at $6,174,000 after acquiring an additional 43,343 shares during the last quarter. Creative Planning lifted its holdings in shares of DoubleVerify by 17.8% during the second quarter. Creative Planning now owns 25,827 shares of the company’s stock valued at $387,000 after purchasing an additional 3,900 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in DoubleVerify by 624.2% during the second quarter. EverSource Wealth Advisors LLC now owns 4,635 shares of the company’s stock valued at $69,000 after buying an additional 3,995 shares in the last quarter. Institutional investors and hedge funds own 97.29% of the company’s stock.

DoubleVerify Trading Up 12.8% The company’s 50-day moving average is $11.02 and its 200 day moving average is $10.43. The firm has a market cap of $2.03 billion, a PE ratio of 36.68, a P/E/G ratio of 1.58 and a beta of 0.98.

About DoubleVerify (Get Free Report)

DoubleVerify, Inc is a leading digital media measurement and analytics company that helps advertisers, publishers and platforms ensure their digital advertising campaigns are viewable, fraud-free and brand-safe. The company’s platform integrates data science, machine learning and proprietary analytics to authenticate the quality of media across display, video, mobile, CTV and social channels. By delivering real-time insights into ad viewability, fraud detection and contextual relevance, DoubleVerify empowers marketers to optimize campaign performance and drive better return on ad spend.

At the core of DoubleVerify’s offering are solutions for viewability measurement, invalid traffic (IVT) detection, brand safety and suitability, contextual targeting and campaign performance analytics.

Further Reading Five stocks we like better than DoubleVerify Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Receive News & Ratings for DoubleVerify Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleVerify and related companies with MarketBeat.com's FREE daily email newsletter.

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Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.

The proposed transactions may contain terms that could limit superior competing offers.

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Beazer Homes USA, Inc. (NYSE: BZH)'s sale to Dream Finders Homes, Inc. for $33.50 in cash per share. If you are a Beazer shareholder, click here to learn more about your legal rights and options.

DoubleVerify Holdings, Inc. (NYSE: DV)'s sale to Nielsen Holdings for $13.60 per share in cash. If you are a DoubleVerify shareholder, click here to learn more about your legal rights and options.

Integer Holdings Corporation (NYSE: ITGR)'s sale to KKR for $127.00 per share. If you are an Integer shareholder, click here to learn more about your rights and options.

On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures and information, or other relief and benefits.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
One World Trade Center
85th Floor
New York, NY 10007
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com

SOURCE Halper Sadeh LLP

For the quarter ended June 2026, DoubleVerify Holdings (DV - Free Report) reported revenue of $193.79 million, up 2.5% over the same period last year. EPS came in at $0.22, compared to $0.05 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $201.54 million, representing a surprise of -3.85%. The company delivered an EPS surprise of -12%, with the consensus EPS estimate being $0.25.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how DoubleVerify performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenue by customer type- Measurement: $66.76 million compared to the $67.77 million average estimate based on four analysts. The reported number represents a change of +6.2% year over year.Revenue by customer type- Supply-side: $19.35 million versus the four-analyst average estimate of $19.15 million. The reported number represents a year-over-year change of +12.6%.Revenue by customer type- Activation: $107.68 million versus $114.23 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -1.2% change.View all Key Company Metrics for DoubleVerify here>>>

Shares of DoubleVerify have returned +7.1% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of DoubleVerify Holdings, Inc. (NYSE: DV) to Nielsen Holdings for $13.60 per share in cash. Halper Sadeh encourages DoubleVerify shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected]. The investigation concerns whether DoubleVerify and its board of direc.

NEW YORK, Aug. 06, 2026 (GLOBE NEWSWIRE) -- DoubleVerify (“DV”) (NYSE: DV) today announced financial results for the second quarter ended June 30, 2026.

Recent Business Announcement:

On August 6, 2026, DV entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Neptune BidCo US Inc., a Delaware corporation(“Parent”) and parent company of Nielsen Holdings (“Nielsen”), whereby Nielsen will acquire DV. Additional details regarding the transaction are included in a Current Report on Form 8-K filed today with the Securities and Exchange Commission.

Conference Call, Webcast, and Other Information

In light of the pending transaction, DV is suspending future earnings and investors calls for the duration of the transaction’s pendency, including the conference call previously scheduled for 4:30 p.m. Eastern time today, August 6, 2026. Additionally, DV is withdrawing all previously issued financial outlook and guidance for the duration of the transaction's pendency. Future updates regarding the transaction and DV’s strategic progress will be provided through official press releases and regulatory filings as appropriate.

Second Quarter 2026 Financial Highlights:

(All comparisons are to the second quarter of 2025)

Total revenue of $193.8 million, an increase of 3%. Activation revenue of $107.7 million, a decrease of 1%.Measurement revenue of $66.8 million, an increase of 6%.Supply-side revenue of $19.3 million, an increase of 13% Net income of $12.9 million and adjusted EBITDA of $65.3 million, which represented a 34% adjusted EBITDA margin.Cash balance of $210 million, with no debt outstanding. Key Business Terms

Activation revenue is generated from the evaluation, verification, and measurement of advertising impressions purchased through programmatic demand-side and social media platforms.

Measurement revenue is generated from the verification and measurement of advertising impressions that are directly purchased on digital media properties, including publishers, CTV and social media platforms.

Supply-Side revenue is generated from platforms and publisher partners who use DoubleVerify’s data analytics to evaluate, verify and measure their advertising inventory.

 DoubleVerify Holdings, Inc.
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)          As of As of(in thousands, except per share data) June 30, 2026 December 31, 2025Assets:      Current assets      Cash and cash equivalents $210,174  $259,038 Trade receivables, net of allowances for doubtful accounts of $9,133 and $8,096 as of June 30, 2026 and December 31, 2025, respectively  214,926   221,158 Prepaid expenses and other current assets  46,325   39,132 Total current assets  471,425   519,328 Property, plant and equipment, net  129,053   103,284 Operating lease right-of-use assets, net  63,129   66,908 Goodwill  511,585   516,002 Intangible assets, net  87,872   101,616 Deferred tax assets  30,971   30,920 Other non-current assets  16,060   16,024 Total assets $1,310,095  $1,354,082 Liabilities and Stockholders' Equity:      Current liabilities      Trade payables $12,992  $14,662 Accrued expenses  52,426   73,552 Operating lease liabilities, current  7,932   9,057 Income tax liabilities  1,952   3,829 Current portion of finance lease obligations  12,850   6,982 Other current liabilities  16,664   13,481 Total current liabilities  104,816   121,563 Operating lease liabilities, non-current  74,652   77,917 Finance lease obligations  16,396   5,595 Deferred tax liabilities  13,066   11,467 Other non-current liabilities  6,715   6,208 Total liabilities  215,645   222,750 Commitments and contingencies (Note 15)      Stockholders’ equity      Common stock, $0.001 par value, 1,000,000 shares authorized, 177,110 shares issued and 154,935 outstanding as of June 30, 2026; 1,000,000 shares authorized, 176,546 shares issued and 161,900 outstanding as of December 31, 2025  177   177 Additional paid-in capital  1,073,680   1,059,938 Treasury stock, at cost, 22,175 shares and 14,646 shares as of June 30, 2026 and December 31, 2025, respectively  (313,245)  (247,982)Retained earnings  325,192   305,864 Accumulated other comprehensive income, net of income taxes  8,646   13,335 Total stockholders’ equity  1,094,450   1,131,332 Total liabilities and stockholders' equity $1,310,095  $1,354,082   DoubleVerify Holdings, Inc.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED)                Three Months Ended June 30, Six Months Ended June 30,(in thousands, except per share data) 2026 2025  2026  2025 Revenue $193,789 $189,021  $374,614  $354,082 Cost of revenue (exclusive of depreciation and amortization shown separately below)  32,484  33,126   65,643   64,092 Product development  46,393  47,203   91,774   91,920 Sales, marketing and customer support  48,260  50,871   93,855   94,572 General and administrative  26,967  29,576   52,682   56,103 Depreciation and amortization  16,660  14,697   31,999   27,084 Income from operations  23,025  13,548   38,661   20,311 Interest expense  475  443   888   863 Other expense (income), net  644  (2,105)  1,637   (5,284)Income before income taxes  21,906  15,210   36,136   24,732 Income tax expense  8,988  6,452   16,808   13,613 Net income $12,918 $8,758  $19,328  $11,119 Earnings per share:            Basic $0.08 $0.05  $0.12  $0.07 Diluted $0.08 $0.05  $0.12  $0.07 Weighted-average common stock outstanding:            Basic  153,959  162,740   157,346   163,922 Diluted  157,891  166,697   160,981   167,813 Comprehensive income:            Net income $12,918 $8,758  $19,328  $11,119 Other comprehensive income (loss):            Foreign currency cumulative translation adjustment  242  19,383   (4,689)  26,876 Total comprehensive income $13,160 $28,141  $14,639  $37,995   DoubleVerify Holdings, Inc.
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (UNAUDITED)                                          Accumulated Other               Additional    Comprehensive Total  Common Stock Treasury Stock Paid-in Retained Income (Loss) Stockholders’(in thousands) Shares Amount Shares Amount Capital Earnings Net of Income Taxes EquityBalance as of January 1, 2026 176,546 $177 14,646  $(247,982) $1,059,938  $305,864 $13,335   1,131,332 Foreign currency translation adjustment —  — —   —   —   —  (4,931)  (4,931)Shares repurchased for settlement of employee tax withholdings —  — 142   (1,437)  —   —  —   (1,437)Stock-based compensation expense —  — —   —   25,613   —  —   25,613 Common stock issued upon exercise of stock options —  — —   —   43   —  —   43 Common stock issued upon vesting of restricted stock units 90  — —   —   —   —  —   — Common stock issued upon vesting of performance stock units 53  — —   —   —   —  —   — Shares repurchased under authorized repurchase programs —  — 7,270   (75,145)  —   —  —   (75,145)Excise tax on shares repurchased —  — —   (618)  —   —  —   (618)Treasury stock reissued upon settlement of equity awards —  — (1,298)  20,239   (20,239)  —  —   — Net income —  — —   —   —   6,410  —   6,410 Balance as of March 31, 2026 176,689 $177 20,760  $(304,943) $1,065,355  $312,274 $8,404  $1,081,267 Foreign currency translation adjustment —  — —   —   —   —  242   242 Shares repurchased for settlement of employee tax withholdings —  — 392   (4,025)  —   —  —   (4,025)Stock-based compensation expense —  — —   —   26,941   —  —   26,941 Common stock issued under employee purchase plan —  — —   —   1,031   —  —   1,031 Common stock issued upon exercise of stock options —  — —   —   1,223   —  —   1,223 Common stock issued upon vesting of restricted stock units 392  — —   —   —   —  —   — Common stock issued upon vesting of performance stock units 29  — —   —   —   —  —   — Shares repurchased under authorized repurchase programs —  — 2,497   (25,050)  —   —  —   (25,050)Excise tax on shares repurchased —  — —   (97)  —   —  —   (97)Treasury stock reissued upon settlement of equity awards —  — (1,474)  20,870   (20,870)  —  —   — Net income —  — —   —   —   12,918  —   12,918 Balance as of June 30, 2026 177,110 $177 22,175  $(313,245) $1,073,680  $325,192 $8,646  $1,094,450                        Balance as of January 1, 2025 174,003 $174 6,934  $(131,620) $974,383  $255,214 $(14,692) $1,083,459 Foreign currency translation adjustment —  — —   —   —   —  7,493   7,493 Shares repurchased for settlement of employee tax withholdings —  — 210   (3,210)  —   —  —   (3,210)Stock-based compensation expense —  — —   —   25,080   —  —   25,080 Common stock issued upon exercise of stock options 58  — —   —   222   —  —   222 Common stock issued upon vesting of restricted stock units 641  1 —   —   (1)  —  —   — Common stock issued upon vesting of performance stock units 71  — —   —   —   —  —   — Shares repurchased under authorized repurchase programs —  — 5,169   (82,240)  —   —  —   (82,240)Excise tax on shares repurchased —  — —   (64)  (668)  —  —   (732)Treasury stock reissued upon settlement of equity awards —  — (18)  350   (350)  —  —   — Net income —  — —   —   —   2,361  —   2,361 Balance as of March 31, 2025 174,773 $175 12,295  $(216,784) $998,666  $257,575 $(7,199) $1,032,433 Foreign currency translation adjustment —  — —   —   —   —  19,383   19,383 Shares repurchased for settlement of employee tax withholdings —  — 35   (494)  —   —  —   (494)Stock-based compensation expense —  — —   —   28,053   —  —   28,053 Common stock issued under employee purchase plan 135  — —   —   1,577   —  —   1,577 Common stock issued upon exercise of stock options 29  — —   —   148   —  —   148 Common stock issued upon vesting of restricted stock units 954  1 —   —   (1)  —  —   — Common stock issued upon vesting of performance stock units 14  — —   —   —   —  —   — Excise tax on shares repurchased —  — —   157   —   —  —   157 Net income —  — —   —   —   8,758  —   8,758 Balance as of June 30, 2025 175,905 $176 12,330  $(217,121) $1,028,443  $266,333 $12,184  $1,090,015   DoubleVerify Holdings, Inc.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)          Six Months Ended  June 30,(in thousands) 2026  2025 Operating activities:      Net income $19,328  $11,119 Adjustments to reconcile net income to net cash provided by operating activities      Bad debt expense  2,409   1,499 Depreciation and amortization expense  31,999   27,084 Amortization of debt issuance costs  217   217 Non-cash lease expense  4,199   3,905 Deferred taxes  1,586   298 Stock-based compensation expense  49,774   51,349 Interest expense, net  348   255 Loss on disposal of fixed assets  —   89 Other  804   (419)Changes in operating assets and liabilities, net of effects of business combinations      Trade receivables  3,016   40,951 Prepaid expenses and other assets  (7,149)  (32,762)Trade payables  (1,638)  638 Accrued expenses and other liabilities  (24,480)  (16,947)Net cash provided by operating activities  80,413   87,276 Investing activities:      Purchase of property, plant and equipment  (21,056)  (15,813)Acquisition of businesses, net of cash acquired  —   (82,578)Proceeds from maturity of short-term investments  —   12,684 Other investing activities  —   (1,000)Net cash used in investing activities  (21,056)  (86,707)Financing activities:      Proceeds from common stock issued upon exercise of stock options  1,266   370 Proceeds from common stock issued under employee purchase plan  1,031   1,577 Finance lease payments  (3,179)  (1,379)Shares repurchased under authorized repurchase programs  (100,195)  (82,240)Payment of excise tax on shares repurchased  (884)  (668)Shares repurchased for settlement of employee tax withholdings  (5,462)  (3,704)Net cash used in financing activities  (107,423)  (86,044)Effect of exchange rate changes on cash and cash equivalents and restricted cash  (821)  4,547 Net decrease in cash, cash equivalents, and restricted cash  (48,887)  (80,928)Cash, cash equivalents, and restricted cash - Beginning of period  260,034   293,741 Cash, cash equivalents, and restricted cash - End of period $211,147  $212,813        Cash and cash equivalents $210,174  $211,784 Restricted cash - current (included in Prepaid expenses and other current assets on the Condensed Consolidated Balance Sheets)  —   37 Restricted cash - non-current (included in Other non-current assets on the Condensed Consolidated Balance Sheets)  973   992 Total cash and cash equivalents and restricted cash $211,147  $212,813 Supplemental cash flow information:      Cash paid for interest $573  $500 Non-cash investing and financing activities:      Right-of-use assets obtained in exchange for new operating lease liabilities, net of impairments and tenant improvement allowances $245  $2,168 Acquisition of equipment under finance lease $19,847  $13,805 Capital assets financed by accounts payable and accrued expenses $66  $249 Stock-based compensation included in capitalized software development costs $2,785  $1,783 Accrued excise tax on net share repurchases $715  $575  Comparison of the Three and Six Months Ended June 30, 2026 and June 30, 2025

Revenue

                        Three Months Ended June 30, Change Change Six Months Ended June 30, Change Change 2026 2025 $ % 2026 2025 $ % (In Thousands)      (In Thousands)      Revenue by customer type:                      Activation$107,683 $108,950 $(1,267) (1)% $208,230 $204,121 $4,109 2%Measurement 66,760  62,895  3,865  6   128,563  116,326  12,237 11 Supply-side 19,346  17,176  2,170  13   37,821  33,635  4,186 12 Total revenue$193,789 $189,021 $4,768  3% $374,614 $354,082 $20,532 6%                          Non-GAAP Financial Measures

In addition to our results determined in accordance with GAAP, management believes that certain non-GAAP financial measures, including Adjusted EBITDA, Adjusted EBITDA Margin, Non-GAAP Net income, Non-GAAP Earnings Per Share, Free Cash Flow and Free Cash Flow Conversion (collectively "Non-GAAP Financial Measures") are useful in evaluating our business.

We calculate Adjusted EBITDA Margin as Adjusted EBITDA divided by total revenue. We calculate Non-GAAP net income as GAAP net income adjusted to eliminate the impact of stock-based compensation and certain other items that are not related to our core operations, such as amortization of acquired intangibles assets, acquisition-related costs, other non-recurring costs, as well as the income tax effect of these adjustments. Basic non-GAAP earnings per share is calculated by dividing non-GAAP net income by the number of weighted-average common stock outstanding. Diluted Non-GAAP earnings per share adjusts the Basic Non-GAAP earnings per share for the potential dilutive impact of shares of common stock using the treasury stock method. We calculate free cash flow as net cash provided by operating activities determined in accordance with GAAP less purchases of property, plant, and equipment which includes capitalized software development costs. Free cash flow conversion is calculated as free cash flow divided by Adjusted EBITDA for the same period. We use the Non-GAAP Financial Measures as measures of operational efficiency to understand and evaluate our core business operations. We believe that these Non-GAAP Financial Measures are useful to investors for period-to-period comparisons of our core business and for understanding and evaluating trends in our operating results on a consistent basis by either excluding items that we do not believe are indicative of our core operating performance or by measuring cash generated by our operations that is available for various strategic initiatives.

The following tables show DV’s non-GAAP financial metrics reconciled to the comparable GAAP financial metrics included in this release.

             Three Months Ended June 30, Six Months Ended June 30, 2026  2025  2026  2025  (In Thousands) (In Thousands)Net income$12,918  $8,758  $19,328  $11,119 Net income margin 7%  5%  5%  3%Depreciation and amortization 16,660   14,697   31,999   27,084 Stock-based compensation 25,525   27,007   49,774   51,349 Interest expense 475   443   888   863 Income tax expense 8,988   6,452   16,808   13,613 M&A and restructuring costs (a) —   504   —   1,666 Other costs (b) 117   1,518   95   1,518 Other expense (income) (c) 644   (2,105)  1,637   (5,284)Adjusted EBITDA$65,327  $57,274  $120,529  $101,928 Adjusted EBITDA margin 34%  30%  32%  29%              Three Months Ended June 30, Six Months Ended June 30, 2026  2025  2026  2025  (In Thousands) (In Thousands)Net Income$12,918  $8,758  $19,328  $11,119 Stock-based compensation 25,525   27,007   49,774   51,349 Amortization of acquired intangibles 6,536   8,068   13,091   15,307 M&A and restructuring costs (a) —   504   —   1,666 Other costs (b) 117   1,518   95   1,518 Income tax effect of non-GAAP adjustments (d) (9,975)  (11,500)  (19,518)  (21,650)Non-GAAP net income$35,121  $34,355  $62,770  $59,309             GAAP earnings per share:           Basic$0.08  $0.05  $0.12  $0.07 Diluted$0.08  $0.05  $0.12  $0.07             GAAP Weighted-average common stock outstanding:           Basic 153,959   162,740   157,346   163,922 Diluted 157,891   166,697   160,981   167,813             Non-GAAP earnings per share:           Basic$0.23  $0.21  $0.40  $0.36 Diluted$0.22  $0.21  $0.39  $0.35             Non-GAAP Weighted-average common stock outstanding:           Basic 153,959   162,740   157,346   163,922 Diluted 157,891   166,697   160,981   167,813  (a) M&A and restructuring costs for the three and six months ended June 30, 2025 consist of transaction costs related to the acquisition of Rockerbox.(b) Other costs for the three and six months ended June 30, 2026 consist of expenses with respect to litigation and regulatory matters outside of the ordinary course. Other costs for the three and six months ended June 30, 2025 consist of expenses incurred with respect to litigation and regulatory matters outside of the ordinary course and costs related to the early termination of an office lease.(c) Other expense (income) for the three and six months ended June 30, 2026 and June 30, 2025 consist of interest income earned on interest-bearing monetary assets, and the impact of changes in foreign currency exchange rates.(d) We calculate the income tax effect of the adjustments using a non-GAAP effective tax rate to provide consistency across reporting periods. For the non-GAAP reconciliation, effective tax rates for the three and six months ended June 30, 2026 and 2025 were calculated using assumed blended tax rates of 31%, respectively. These rates represent a blend of the statutory federal tax and state taxes rates associated with the most recent Annual Report on Form 10-K. We will periodically reevaluate this tax rate, as necessary, for significant events such as relevant tax law changes.              Three Months Ended June 30, Six Months Ended June 30, 2026  2025  2026  2025  (In Thousands) (In Thousands)Net cash provided by operating activities$76,242  $49,613  $80,413  $87,276 Purchase of property, plant and equipment (10,513)  (9,527)  (21,056)  (15,813)Free cash flow$65,729  $40,086  $59,357  $71,463 Free cash flow conversion 101%  70%  49%  70%                 These Non-GAAP Financial Measures have limitations as analytical tools and should not be considered in isolation or as substitutes for an analysis of our results as reported under GAAP. Some of the limitations of these measures are:

they do not reflect changes in, or cash requirements for, working capital needs;they do not reflect our capital expenditures or future requirements for capital expenditures or contractual commitments;they do not reflect income tax expense or the cash requirements to pay income taxes;they do not reflect interest expense or the cash requirements necessary to service interest or principal debt payments; andalthough depreciation and amortization are non-cash charges related mainly to intangible assets, certain assets being depreciated and amortized will have to be replaced in the future, and they do not reflect any cash requirements for such replacements. In addition, other companies in our industry may calculate these Non-GAAP Financial Measures differently than we do, limiting their usefulness as a comparative measure. You should compensate for these limitations by relying primarily on our GAAP results and using the Non-GAAP Financial Measures only supplementally.

Total stock-based compensation expense recorded in the Condensed Consolidated Statements of Operations and Comprehensive Income is as follows:

               Three Months Ended Six Months Ended  June 30, June 30,(in thousands) 2026 2025 2026 2025Product development $10,109 $10,389 $19,519 $19,655Sales, marketing and customer support  7,588  8,826  14,712  16,455General and administrative  7,828  7,792  15,543  15,239Total stock-based compensation $25,525 $27,007 $49,774 $51,349              Forward-Looking Statements

This press release includes “forward-looking statements”. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “plan,” “seek,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe” or “continue” or the negative thereof or variations thereon or similar terminology. Any statements in this press release regarding the proposed transaction with Parent, future revenues, earnings, margins, financial performance or results of operations, and any other statements that are not historical facts are forward-looking statements. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. These risks, uncertainties, assumptions and other factors include, but are not limited to, the risk that disruptions from the proposed transaction with Parent (including the ability of certain counterparties to terminate or amend contracts upon a change of control) will harm DV’s business, including current plans and operations, including during the pendency of the transaction, the risk that the Merger may not be completed in a timely manner or at all, which may adversely affect DV’s business and the price of its common stock, the competitiveness of our solutions amid technological developments or evolving industry standards, the competitiveness of our market, system failures, security breaches, cyberattacks or natural disasters, economic downturns and unstable market conditions, our ability to collect payments, data privacy legislation and regulation, public criticism of digital advertising technology, our international operations, our use of “open source” software, our limited operating history and the potential for our revenues and results of operations to fluctuate in the future. Moreover, we operate in a very competitive and rapidly changing environment, and new risks may emerge from time to time. It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results or outcomes to differ materially from those contained in any forward-looking statements we may make.

Further information on these and additional risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those included in or contemplated by the forward-looking statements contained in this press release are included under the caption “Risk Factors” in DV’s Annual Report on Form 10-K filed with the SEC on February 26, 2026, its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026 once filed with the SEC and other filings and reports we make with the SEC from time to time.

We have based our forward-looking statements on our management’s beliefs and assumptions based on information available to our management at the time the statements are made. Any forward-looking information presented herein is made only as of the date of this press release, and, except as required by law, we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

About DoubleVerify

DoubleVerify (NYSE: DV) is the industry’s leading media effectiveness platform that leverages AI to drive superior outcomes for global brands. By creating more effective, transparent ad transactions, we make the digital advertising ecosystem stronger, safer and more secure, thereby preserving the fair value exchange between buyers and sellers of digital media. Learn more at www.doubleverify.com.

Investor Relations

Brinlea Johnson
The Blueshirt Group
[email protected]

Media Contact

Chris Harihar
Crenshaw Communications
646-535-9475
[email protected]

Nielsen Holdings agreed to buy DoubleVerify in a deal with an enterprise value of about $2.15 billion.

Among the findings, more than half of marketers are concerned about ads appearing alongside low-quality AI content, while 42% of consumers say low quality AI advertising would negatively affect their opinion of a brand Among the findings, more than half of marketers are concerned about ads appearing alongside low-quality AI content, while 42% of consumers say low quality AI advertising would negatively affect their opinion of a brand

July 23, 2026 16:10 ET  | Source: DoubleVerify Inc.

NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- DoubleVerify (“DV”) (NYSE: DV), a leading software platform for digital media measurement, data and analytics, today announced that it will report second quarter 2026 financial results after the market close on Thursday, August 6, 2026. Management will host a conference call and webcast to discuss DV's financial results, recent developments and business outlook at 4:30 p.m. ET following the release of the financial results.

What:DoubleVerify Second Quarter 2026 Financial Results Conference CallWhen:Thursday, August 6, 2026Time:4:30 p.m. ETWebcast:The live webcast, pre-registration for the event, and any related materials can be accessed from both the Financial Results and the IR Calendar page of the DV investor relations website.
   A replay of the webcast will also be accessible through the DoubleVerify investor relations website shortly following the call and will be available for at least seven days.

About DoubleVerify

DoubleVerify (“DV”) (NYSE: DV) is the industry’s leading media effectiveness platform that leverages AI to drive superior outcomes for global brands. By creating more effective, transparent ad transactions, we make the digital advertising ecosystem stronger, safer and more secure, thereby preserving the fair value exchange between buyers and sellers of digital media. Learn more at www.doubleverify.com.

Investor Relations
Brinlea Johnson
The Blueshirt Group
[email protected]

Media Contact
Chris Harihar
Crenshaw Communications
646-535-9475
[email protected]

Key Takeaways DoubleVerify expects social, streaming TV and AI solutions to reach about 50% of revenue over time.Social Activation revenue jumped 92% in Q1 2026 as adoption widened across Meta, TikTok and YouTube.DV's Q1 revenue rose 10%, but transaction fees fell 4% as pricing and mix pressure persisted. DoubleVerify Holdings, Inc. (DV - Free Report) is increasingly tied to where digital advertising is moving next: social feeds, streaming TV and AI-driven media environments.

The company’s core role remains verification and measurement, but its growth story now depends on whether newer products can capture more of the ad dollars shifting into these channels.

DoubleVerify Is Chasing New Ad ChannelsDoubleVerify is moving beyond its legacy verification base by expanding in social, connected TV and AI platforms.

Management expects social, streaming TV and AI-driven solutions to rise from less than 30% of total revenues today to roughly 50% over the medium term.

That shift matters because DV currently captures less than 0.5% of digital advertising spend and serves fewer than half of the world’s top 1,000 advertisers.

AI Could Expand DV's Addressable MarketAI advertising could materially expand DV’s opportunity set. The company has introduced AI SlopStopper, AI Agent ID and verification tools for large language models.

Management estimates ad spending on LLM platforms could exceed $25 billion by 2029, while AI-led ad activity may open access to the nearly $400 billion global search advertising market.

Strategically, this is important because search has historically been less reachable for DoubleVerify’s traditional verification tools.

DoubleVerify Builds Trust for AI AdsThe practical AI opportunity centers on trust. AI SlopStopper is already applied to more than 40% of measured impressions.

The pre-bid version is being tested by six of DV’s largest advertisers and initially helps brands avoid low-quality, AI-generated content on YouTube.

As AI content volume rises, advertisers may need stronger tools to avoid unsuitable environments, fraud and opaque placement quality.

DV Benefits From Social and CTV ShiftsSocial remains DV’s strongest near-term engine. Social Activation revenues surged 92% year over year in the first quarter of 2026, accelerating from 62% growth in the prior quarter.

Growth is tied to wider adoption across Meta, TikTok and YouTube. Meta activation reached a $12 million annualized revenue run rate, while Authentic AdVantage on YouTube is expected to generate about $10 million in annual contract value during 2026.

CTV is also gaining traction. CTV measurement volumes rose 28% year over year, supported by products such as Verified Streaming TV and automated Do-Not-Air Lists.

DoubleVerify Still Must Prove the Trend ThesisThe opportunity is promising, but not proven. AI monetization remains early, and the broader business is still showing growth moderation.

First-quarter revenues rose 10% year over year, while full-year 2026 guidance calls for 8%-10% growth. Measured Transaction Fee declined 4% in the first quarter, showing pricing and mix pressure.

Competition also remains intense. comScore, Inc. (SCOR - Free Report) remains a relevant peer because it offers overlapping solutions that help advertisers measure campaign performance, but they focus on different core strengths. While DoubleVerify specializes in digital ad verification, comScore specializes in broader audience measurement and media planning. The Trade Desk (TTD - Free Report) , a major independent ad-buying platform, is relevant because DV’s products depend on where and how advertisers automate media buying.

How DV's Scores Frame the Trend BetThe bottom line is that DV has credible exposure to AI, social and streaming TV, but investors still need evidence that these trends can produce durable revenue growth and pricing resilience.

The stock currently carries a Zacks Rank #3 (Hold), which fits a balanced near-term view rather than a stronger short-term call. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

DV has a VGM Score of B, with a Value Score of B and Growth Score of B, indicating a favorable mix of valuation and growth characteristics.

The Momentum Score of F, however, shows that the market is still waiting for harder proof before fully rewarding the long-term trend thesis.

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of DV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Investors in DoubleVerify Holdings, Inc. (DV - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the July 17, 2026 $2.50 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for DoubleVerify shares, but what is the fundamental picture for the company? Currently, DoubleVerify is a Zacks Rank #3 (Hold) in the Internet - Software industry that ranks in the Top 35% of our Zacks Industry Rank. Over the last 60 days, three analysts have increased their earnings estimates for the current quarter, while one has dropped the estimate. The net effect has taken our Zacks Consensus Estimate for the current quarter from 22 cents per share to 26 cents in that period.

Given the way analysts feel about DoubleVerify right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

New Insight and Activation Agents link intelligence to execution, while open connectivity lets advertisers access DV’s platform on their terms, through their preferred AI tools June 17, 2026 09:00 ET  | Source: DoubleVerify Inc.

NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- DoubleVerify (“DV”) (NYSE: DV), the leading software platform to verify media quality, optimize advertising performance and prove campaign outcomes, today introduced DV Neura™, the cognitive engine powering artificial intelligence across DV MAP™, the DV Media AdVantage Platform. As DV continues to invest in AI to reshape the future of digital advertising, DV Neura brings that strength to life by enabling more seamless access to customer insights and performance data through open agentic protocols and specialized agents. DV Neura powers faster, more accurate content classification and creates new channels for verification data delivery in agentic buying and optimization systems.

As part of today’s announcement, DV is introducing new capabilities that enable advertisers to access their DV data using their preferred conversational AI tools, supported by the Model Context Protocol (MCP) open standard. Clients can use Anthropic Claude today to connect with the DV Neura Insight Agent, which analyzes DV’s media quality and performance data to surface campaign insights and recommendations through natural-language interactions. Additional integrations with Google Gemini, Microsoft Copilot and other leading AI assistants are expected to follow.

DV is also introducing the DV Neura Activation Agent, which will autonomously execute approved campaign changes within advertiser-defined guardrails and become available in Q3.

“Most of the innovation around agentic advertising remains trapped in silos, with AI-enabled features and point solutions disconnected from the broader advertiser opportunity and the core platform,” said Mark Zagorski, CEO of DoubleVerify. “DV Neura changes that by connecting DV’s AI-powered capabilities across our platform, from verification and content classification to performance optimization and outcomes measurement, while also enabling flexible, dynamic agentic workflows that connect insight with execution across the campaign lifecycle. We are helping define what agentic advertising should become: faster, smarter and built on transparency, trust and tangible results.”

“Healthcare marketers operate in some of the most complex advertising environments, where every decision must balance performance, compliance, brand suitability and consumer trust,” said Gina Whelehan, Group Director of Strategic Partnerships at Butler/Till. “We’re excited to work with DV to bring verification earlier into agentic advertising workflows and help shape how AI-powered campaign execution can operate in practice. DV Neura is helping our teams move faster and drive stronger outcomes while maintaining governance and accountability.”

DV Neura also enhances DV’s AI-powered products and solutions through a hybrid architecture that combines large language models, specialized machine learning and deterministic rules. In content classification, this approach helps DV interpret emerging topics and nuanced meaning across text, images, video and audio with greater speed, scale and consistency.

DV has increased its content classification output by nearly 300x, demonstrating how AI is expanding the depth and breadth of DV’s analysis. DV’s AI-powered capabilities are also driving measurable impact across media quality and performance. Since the beginning of the year, DV has monitored or blocked more than 500 million impressions across AI slop sites and other low-quality GenAI open web environments, while DV Scibids AI optimizes 25 billion impressions each month, helping advertisers improve efficiency and maximize outcomes.

“AI is changing how advertising operates, but it does not change what advertisers need most: transparency, control and measurable performance. DV Neura gives advertisers the intelligence and infrastructure to operate with confidence in a more automated, agent-driven world,” added Zagorski.

DV Neura is organized around four core pillars:

Media Intelligence: Uses advanced AI to stop fraud, filter AI slop and strengthen content classification, helping advertisers protect brand equity and improve media quality.

Adaptive Performance: Optimizes media investment through AI-powered bidding and measures business impact using MTA and incrementality.

Open Connectivity: Enables secure access to DV’s data, insights and capabilities through conversational AI, APIs, MCP integrations and ADCP support, connecting DV MAP with advertiser and partner workflows.

Agentic Execution: Connects insight with action through the DV Neura Insight Agent, which generates campaign insights and recommendations, and the DV Neura Activation Agent, which executes approved changes within advertiser-defined guardrails.

DV Neura builds on nearly two decades of innovation in media quality, performance optimization and outcomes measurement. Powered by DV’s proprietary data and extensive integrations across the open web, social, streaming TV and retail media, it brings trusted intelligence into campaign decisioning and execution to help brands protect and maximize their media investments with greater confidence, control and performance.

For more information about DV Neura, contact [email protected].

About DoubleVerify
DoubleVerify (“DV”) (NYSE: DV) is the industry’s leading media effectiveness platform that leverages AI to drive superior outcomes for global brands. By powering media efficiency and performance, DV strengthens the online advertising ecosystem, preserving the fair value exchange between buyers and sellers of digital media. Learn more at www.doubleverify.com.

Chris Harihar 
646-535-9475 
[email protected] 

New Industry Leading offering helps advertisers avoid low-quality AI-generated content and safeguard brand reputation across social and video platforms April 16, 2026 09:00 ET  | Source: DoubleVerify Inc.

NEW YORK, April 16, 2026 (GLOBE NEWSWIRE) -- DoubleVerify (“DV”) (NYSE: DV), the leading software platform to verify media quality, optimize ad performance and prove campaign outcomes, today announced the expansion of DV AI Verification™ to include DV’s AI SlopStopper™ for social. The new industry-leading offering is designed to help advertisers navigate the growing challenges posed by low-quality, AI-generated content and safeguard brand reputation across social and video-centric environments.

“Generative AI is accelerating content creation at a massive scale across the open web and proprietary video platforms,” said Mark Zagorski, CEO of DoubleVerify. “To navigate this new world, brands need greater clarity, precision and control than ever before. With the expansion of DV AI Verification to include DV’s AI SlopStopper for Social, we are empowering advertisers to ensure their brand investment is protected wherever they spend while driving stronger media outcomes.”

As generative AI fuels an explosion of content online, distinguishing credible, high-quality media from mass-produced, low-value AI output has become increasingly complex, making precision and transparency essential to protecting brand equity and maximizing media effectiveness.

This release enhances the precision of DV’s proprietary detection technology, which blends sophisticated AI-driven analysis with human oversight to identify and categorize low-quality material at scale. By integrating these insights directly into DV’s existing pre-bid brand suitability controls across social and proprietary video platforms, advertisers can proactively refine where their ads appear, uphold rigorous media quality standards and sustain performance across dynamic social environments.

In November 2025, DV introduced DV AI Verification, a comprehensive offering designed to help advertisers identify AI agent interactions and avoid low-quality AI-generated content across digital environments. DV’s AI SlopStopper is a core capability within DV AI Verification™.

DV AI Verification is a key component of DV’s Media AdVantage Platform, which combines AI-powered media verification, ad optimization and campaign outcomes measurement to maximize media performance and return on ad spend.

DV’s AI SlopStopper pre-screen avoidance is currently available on YouTube. DV’s suitability categories are based on proprietary definitions and have not been reviewed by Google. Support for additional social and video-centric platforms is expected later this year.

About DoubleVerify

DoubleVerify (“DV”) (NYSE: DV) is the industry’s leading media effectiveness platform that leverages AI to drive superior outcomes for global brands. By powering media efficiency and performance, DV strengthens the online advertising ecosystem, preserving the fair value exchange between buyers and sellers of digital media. Learn more at www.doubleverify.com

Chris Harihar
Mod Op
646-535-9475
[email protected]

On April 24, 2026, DoubleVerify Holdings Inc (DV) shares rose 4.4% to a current price of $10.89. This move comes amid a 52-week range that has seen a high of $1

April 29, 2026 16:10 ET  | Source: DoubleVerify Inc.

NEW YORK, April 29, 2026 (GLOBE NEWSWIRE) -- DoubleVerify (“DV”) (NYSE: DV), a leading software platform for digital media measurement, data and analytics, today announced that Mark Zagorski, CEO, and/or Nicola Allais, CFO, will present at the following investor conferences:

21st Annual Needham Technology, Media, & Consumer Conference
Tuesday, May 12, 2026 (fireside chat at 12:45 p.m. ET)

J.P. Morgan 2026 Global Technology, Media and Communications Conference
Monday, May 18, 2026 (fireside chat at 11:05 a.m. ET)

Baird 2026 Global Consumer, Technology & Services Conference
Tuesday, June 2, 2026 (fireside chat at 4:20 p.m. ET)

Bank of America 2026 Global Technology Conference
Thursday, June 4, 2026 (fireside chat at 11:20 a.m. PT / 2:20 p.m. ET)

The fireside chats will be available via live webcast and archived replay on the News & Events section of DoubleVerify’s investor relations website at https://ir.doubleverify.com/.

In addition, management will host in person one-on-one and small group meetings with institutional investors during the day.

About DoubleVerify

DoubleVerify (“DV”) (NYSE: DV) is the industry’s leading media effectiveness platform that leverages AI to drive superior outcomes for global brands. By creating more effective, transparent ad transactions, we make the digital advertising ecosystem stronger, safer and more secure, thereby preserving the fair value exchange between buyers and sellers of digital media. Learn more at www.doubleverify.com.

Investor Relations
Brinlea Johnson
The Blueshirt group
[email protected]

Media
Chris Harihar
Crenshaw Communications
646-535-9475
[email protected]

Increased Revenue by 10% Year-over-Year to $180.8 Million, Driven by Social and CTV

Achieved Net Income of $6.4 Million and Adjusted EBITDA of $55.2 Million, representing a 31% Adjusted EBITDA margin

Repurchased 9.8 Million shares for $100.2 Million Year to Date

NEW YORK, May 06, 2026 (GLOBE NEWSWIRE) -- DoubleVerify (“DV”) (NYSE: DV), the leading software platform for digital media measurement, data and analytics, today announced financial results for the first quarter ended March 31, 2026.

“We continued our solid execution in the first quarter - reporting 10% year-over-year growth in revenue, while delivering strong 31% adjusted EBITDA margins,” said Mark Zagorski, CEO of DoubleVerify. “Our momentum is driven by our product-led growth cycle, marked by momentum in Social and continued acceleration in CTV Measurement. Our priorities remain clear: driving consistent durable growth, translating new product launches into scaled revenue contribution and differentiation and leveraging AI to deliver EBITDA margin expansion. DV continues to build competitive leadership through AI-fueled product innovation, with product launches focused on expanding Social activation, enhancing CTV transparency and quality, and empowering agentic advertising as future growth catalysts. Additionally, signaling our confidence in the business, we have executed $100 million of our share buyback since the beginning of the year, underscoring our disciplined capital allocation strategy and focus on driving shareholder value.”

First Quarter 2026 Financial Highlights:
(All comparisons are to the first quarter of 2025)

Total revenue of $180.8 million, an increase of 10%.Activation revenue of $100.5 million, an increase of 6%.Measurement revenue of $61.8 million, an increase of 16%. Social measurement revenue increased by 23%.International measurement revenue increased by 18%.Media Transactions Measured (“MTM”) for CTV increased by 28%. Supply-side revenue of $18.5 million, an increase of 12%.Net income of $6.4 million and adjusted EBITDA of $55.2 million, which represented a 31% adjusted EBITDA margin.Cash balance of approximately $174 million, with no debt outstanding. Share Repurchase Program:

Repurchased 9.8 million shares for $100.2 million year to date.As of May 6, 2026, $200.0 million remain authorized for share repurchases. Recent Business Highlights:

AI, CTV & Social Media Innovations

Announced a partnership with Spectrum Reach to enhance transparency and performance across streaming TV campaigns. As part of the collaboration, Spectrum Reach has become the first partner to join DV’s Certified Transparent Streaming program, reinforcing its commitment to secure, program-level transparency across streaming TV ad inventory.
Expanded brand suitability coverage across Snapchat's Discover Feed format, enabling our advertisers to have complete coverage across Snap DiscoverTiles placements.
Achieved Media Rating Council (MRC) accreditation for TikTok Video Viewability, becoming the first measurement vendor to receive the accreditation.
Launched DV AI Slop Stopper for social video, extending our market leading capability to enable advertisers to avoid low quality, AI generated content, initially on YouTube.
Joined the Ad Context Protocol (AdCP), a coalition of ad tech companies established by Agentic Advertising Organization (AAO) to define standards for ad buying and selling by AI agents.
Launched DV Content Lens on social platforms, enabling advertisers to get a dynamic, granular snapshot of the specific suitability violations to power better media decisioning. New Customers Expansions and Integrations

Drove global market share growth through product upsells, international expansion, and new enterprise logo wins, including FOX, Scotts Miracle Gro, and The Excellence Collection.
Drove supply-side expansion via new partnerships with Wirtualna Polska Media and Bell Media.
Expanded Viewability measurement partnership on PubMatic’s direct-to-supply activation platform, "Activate". “We reported a solid first quarter and remained focused on driving scalable, profitable growth,” said Nicola Allais, CFO of DoubleVerify. “For the first quarter, we reported revenue growth of 10% year-over-year and adjusted EBITDA margins of 31%, exceeding expectations through operational efficiencies. To date this year, we have repurchased $100 million of shares through our buyback program, and ended the quarter with approximately $174 million in cash. We continue to execute a disciplined capital allocation strategy, with a strong balance sheet, no debt, and significant financial flexibility to invest in strategic opportunities while returning capital to shareholders.”

Second Quarter and Full-Year 2026 Guidance:

DoubleVerify anticipates Revenue and Adjusted EBITDA to be in the following ranges:

Second Quarter 2026:

Revenue in the range of $199 and $205 million, representing a year-over-year increase of approximately 7% at the midpoint.Adjusted EBITDA in the range of $63 and $67 million, representing a margin of approximately 32% at the midpoint. Reiterates Full Year 2026:

Revenue in the range of $810 million and $826 million, representing a year-over-year increase of 8% to 10%.Adjusted EBITDA margin of approximately 34%. With respect to the Company’s expectations under "Second Quarter and Full Year 2026 Guidance" above, the Company has not reconciled the non-GAAP measure Adjusted EBITDA to the GAAP measure net income in this press release because the Company does not provide guidance for depreciation and amortization expense, acquisition-related costs, interest income, and income taxes on a consistent basis as the Company is unable to quantify these amounts without unreasonable efforts, which would be required to include a reconciliation of Adjusted EBITDA to GAAP net income. In addition, the Company believes such a reconciliation would imply a degree of precision that could be confusing or misleading to investors.

Conference Call, Webcast, and Other Information

DoubleVerify will host a conference call and live webcast to discuss its first quarter 2026 financial results at 4:30 p.m. Eastern Time today, May 6, 2026. To access the conference call, dial (800) 715-9871 for the U.S. or Canada, or +1 (646) 307-1963 for international callers. The conference ID: 5064608. The webcast will be available live on the Investors section of the Company’s website at https://ir.doubleverify.com/. An archived webcast will be available approximately two hours after the conclusion of the live event.

In addition, DoubleVerify plans to post certain additional historical quarterly financial information on the investor relations portion of its website for easy access to investors.

Key Business Terms

Activation revenue is generated from the evaluation, verification, and measurement of advertising impressions purchased through programmatic demand-side and social media platforms.

Measurement revenue is generated from the verification and measurement of advertising impressions that are directly purchased on digital media properties, including publishers, CTV and social media platforms.

Supply-Side revenue is generated from platforms and publisher partners who use DoubleVerify’s data analytics to evaluate, verify and measure their advertising inventory.

Gross Revenue Retention Rate is the total prior period revenue earned from advertiser customers, less the portion of prior period revenue attributable to lost advertiser customers, divided by the total prior period revenue from advertiser customers.

Net Revenue Retention Rate is the total current period revenue earned from advertiser customers, which were also customers during the entire most recent twelve-month period, divided by the total prior year period revenue earned from the same advertiser customers, excluding a portion of our revenues that cannot be allocated to specific advertiser customers.

Media Transactions Measured (MTM) is the volume of media transactions that DoubleVerify’s software platform measures.

Measured Transaction Fee (MTF) is the fixed fee DoubleVerify charges per thousand Media Transactions Measured.

International Revenue Growth Rates are inclusive of foreign currency fluctuations.

 DoubleVerify Holdings, Inc.CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)            As of    As of(in thousands, except per share data) March 31, 2026 December 31, 2025Assets:        Current assets        Cash and cash equivalents $173,802  $259,038 Trade receivables, net of allowances for doubtful accounts of $8,790 and $8,096 as of March 31, 2026 and December 31, 2025, respectively  222,559   221,158 Prepaid expenses and other current assets  55,047   39,132 Total current assets  451,408   519,328 Property, plant and equipment, net  106,163   103,284 Operating lease right-of-use assets, net  64,916   66,908 Goodwill  512,503   516,002 Intangible assets, net  94,521   101,616 Deferred tax assets  28,955   30,920 Other non-current assets  15,941   16,024 Total assets $1,274,407  $1,354,082 Liabilities and Stockholders' Equity:      Current liabilities      Trade payables $12,459  $14,662 Accrued expenses  49,521   73,552 Operating lease liabilities, current  8,322   9,057 Income tax liabilities  2,594   3,829 Current portion of finance lease obligations  6,555   6,982 Other current liabilities  15,167   13,481 Total current liabilities  94,618   121,563 Operating lease liabilities, non-current  76,236   77,917 Finance lease obligations  4,426   5,595 Deferred tax liabilities  10,856   11,467 Other non-current liabilities  7,004   6,208 Total liabilities  193,140   222,750 Commitments and contingencies (Note 15)      Stockholders’ equity      Common stock, $0.001 par value, 1,000,000 shares authorized, 176,689 shares issued and 155,929 outstanding as of March 31, 2026; 1,000,000 shares authorized, 176,546 shares issued and 161,900 outstanding as of December 31, 2025  177   177 Additional paid-in capital  1,065,355   1,059,938 Treasury stock, at cost, 20,760 shares and 14,646 shares as of March 31, 2026 and December 31, 2025, respectively  (304,943)  (247,982)Retained earnings  312,274   305,864 Accumulated other comprehensive income, net of income taxes  8,404   13,335 Total stockholders’ equity  1,081,267   1,131,332 Total liabilities and stockholders' equity $1,274,407  $1,354,082  DoubleVerify Holdings, Inc.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED)
         Three Months Ended March 31, (in thousands, except per share data)    2026
    2025
Revenue $180,825  $165,061 Cost of revenue (exclusive of depreciation and amortization shown separately below)  33,159   30,966 Product development  45,381   44,717 Sales, marketing and customer support  45,595   43,701 General and administrative  25,715   26,527 Depreciation and amortization  15,339   12,387 Income from operations  15,636   6,763 Interest expense  413   420 Other expense (income), net  993   (3,179)Income before income taxes  14,230   9,522 Income tax expense  7,820   7,161 Net income $6,410  $2,361 Earnings per share:      Basic $0.04  $0.01 Diluted $0.04  $0.01 Weighted-average common stock outstanding:      Basic  160,772   165,117 Diluted  164,108   168,941 Comprehensive income:      Net income $6,410  $2,361 Other comprehensive (loss) income:      Foreign currency cumulative translation adjustment  (4,931)  7,493 Total comprehensive income $1,479  $9,854  DoubleVerify Holdings, Inc.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (UNAUDITED)                                         Accumulated Other               Additional    Comprehensive Total  Common Stock Treasury Stock Paid-in Retained Income (Loss) Stockholders’(in thousands)  Shares  Amount  Shares  Amount  Capital  Earnings  Net of Income Taxes  EquityBalance as of January 1, 2026 176,546 $177 14,646  $(247,982) $1,059,938  $305,864 $13,335  $1,131,332 Foreign currency translation adjustment —  — —   —   —   —  (4,931)  (4,931)Shares repurchased for settlement of employee tax withholdings —  — 142   (1,437)  —   —  —   (1,437)Stock-based compensation expense —  — —   —   25,613   —  —   25,613 Common stock issued upon exercise of stock options —  — —   —   43   —  —   43 Common stock issued upon vesting of restricted stock units 90  — —   —   —   —  —   — Common stock issued upon vesting of performance stock units 53  — —   —   —   —  —   — Shares repurchased under authorized repurchase programs —  — 7,270   (75,145)  —   —  —   (75,145)Excise tax on shares repurchased —  — —   (618)  —   —  —   (618)Treasury stock reissued upon settlement of equity awards —  — (1,298)  20,239   (20,239)  —  —   — Net income —  — —   —   —   6,410  —   6,410 Balance as of March 31, 2026 176,689 $177 20,760  $(304,943) $1,065,355  $312,274 $8,404  $1,081,267                        Balance as of January 1, 2025 174,003 $174 6,934  $(131,620) $974,383  $255,214 $(14,692) $1,083,459 Foreign currency translation adjustment —  — —   —   —   —  7,493   7,493 Shares repurchased for settlement of employee tax withholdings —  — 210   (3,210)  —   —  —   (3,210)Stock-based compensation expense —  — —   —   25,080   —  —   25,080 Common stock issued upon exercise of stock options 58  — —   —   222   —  —   222 Common stock issued upon vesting of restricted stock units 641  1 —   —   (1)  —  —   — Common stock issued upon vesting of performance stock units 71  — —   —   —   —  —   — Shares repurchased under authorized repurchase programs —  — 5,169   (82,240)  —   —  —   (82,240)Excise tax on shares repurchased —  — —   (64)  (668)  —  —   (732)Treasury stock reissued upon settlement of equity awards —  — (18)  350   (350)  —  —   — Net income —  — —   —   —   2,361  —   2,361 Balance as of March 31, 2025 174,773 $175 12,295  $(216,784) $998,666  $257,575 $(7,199) $1,032,433  DoubleVerify Holdings, Inc.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)         Three Months Ended   March 31, (in thousands)    2026
    2025
Operating activities:        Net income $6,410  $2,361 Adjustments to reconcile net income to net cash provided by operating activities      Bad debt expense  1,448   983 Depreciation and amortization expense  15,339   12,387 Amortization of debt issuance costs  109   109 Non-cash lease expense  2,074   1,874 Deferred taxes  1,501   (3,367)Stock-based compensation expense  24,249   24,342 Interest expense, net  273   299 Loss on disposal of fixed assets  —   89 Other  916   (704)Changes in operating assets and liabilities, net of effects of business combinations      Trade receivables  (3,698)  14,766 Prepaid expenses and other assets  (16,311)  (10,530)Trade payables  (2,060)  337 Accrued expenses and other liabilities  (26,079)  (5,283)Net cash provided by operating activities  4,171   37,663 Investing activities:      Purchase of property, plant and equipment  (10,543)  (6,286)Acquisition of businesses, net of cash acquired  —   (82,578)Other investing activities  —   (1,000)Net cash used in investing activities  (10,543)  (89,864)Financing activities:      Proceeds from common stock issued upon exercise of stock options  43   222 Finance lease payments  (1,597)  (525)Shares repurchased under authorized repurchase programs  (75,145)  (82,240)Shares repurchased for settlement of employee tax withholdings  (1,437)  (3,210)Net cash used in financing activities  (78,136)  (85,753)Effect of exchange rate changes on cash and cash equivalents and restricted cash  (746)  1,526 Net decrease in cash, cash equivalents, and restricted cash  (85,254)  (136,428)Cash, cash equivalents, and restricted cash - Beginning of period  260,034   293,741 Cash, cash equivalents, and restricted cash - End of period $174,780  $157,313        Cash and cash equivalents $173,802  $156,360 Restricted cash - current (included in Prepaid expenses and other current assets on the Condensed Consolidated Balance Sheets)  —   34 Restricted cash - non-current (included in Other non-current assets on the Condensed Consolidated Balance Sheets)  978   919 Total cash and cash equivalents and restricted cash $174,780  $157,313 Supplemental cash flow information:      Cash paid for interest $300  $41 Non-cash investing and financing activities:      Right-of-use assets obtained in exchange for new operating lease liabilities, net of impairments and tenant improvement allowances $245  $1,815 Acquisition of equipment under finance lease $—  $13,805 Capital assets financed by accounts payable and accrued expenses $55  $98 Stock-based compensation included in capitalized software development costs $1,364  $744 Accrued excise tax on net share repurchases $618  $732 
Comparison of the Three Months Ended March 31, 2026 and March 31, 2025

Revenue

             Three Months Ended March 31,  Change Change 2026     2025     $     % (In Thousands)         Revenue by customer type:             Activation$100,547 $95,172 $5,375 6 %Measurement 61,803  53,430  8,373 16 Supply-side 18,475  16,459  2,016 12 Total revenue$180,825  $165,061 $15,764 10 %
Non-GAAP Financial Measures

In addition to our results determined in accordance with GAAP, management believes that certain non-GAAP financial measures, including Adjusted EBITDA, Adjusted EBITDA Margin, Non-GAAP Net income, Non-GAAP Earnings Per Share, Free Cash Flow and Free Cash Flow Conversion (collectively "Non-GAAP Financial Measures") are useful in evaluating our business.

We calculate Adjusted EBITDA Margin as Adjusted EBITDA divided by total revenue. We calculate Non-GAAP net income as GAAP net income adjusted to eliminate the impact of stock-based compensation and certain other items that are not related to our core operations, such as amortization of acquired intangibles assets, acquisition-related costs, other non-recurring costs, as well as the income tax effect of these adjustments. Basic non-GAAP earnings per share is calculated by dividing non-GAAP net income by the number of weighted-average common stock outstanding. Diluted Non-GAAP earnings per share adjusts the Basic Non-GAAP earnings per share for the potential dilutive impact of shares of common stock using the treasury stock method. We calculate free cash flow as net cash provided by operating activities determined in accordance with GAAP less purchases of property, plant, and equipment which includes capitalized software development costs. Free cash flow conversion is calculated as free cash flow divided by Adjusted EBITDA for the same period. We use the Non-GAAP Financial Measures as measures of operational efficiency to understand and evaluate our core business operations. We believe that these Non-GAAP Financial Measures are useful to investors for period-to-period comparisons of our core business and for understanding and evaluating trends in our operating results on a consistent basis by either excluding items that we do not believe are indicative of our core operating performance or by measuring cash generated by our operations that is available for various strategic initiatives.

The following tables show the Company’s non-GAAP financial metrics reconciled to the comparable GAAP financial metrics included in this release.

       Three Months Ended March 31,  2026
    2025
 (In Thousands)Net income$6,410  $2,361 Net income margin 4%   1% Depreciation and amortization 15,339   12,387 Stock-based compensation 24,249   24,342 Interest expense 413   420 Income tax expense 7,820   7,161 M&A and restructuring costs (a) —   1,162 Other recoveries (b) (22)  — Other expense (income) (c) 993   (3,179)Adjusted EBITDA$55,202  $44,654 Adjusted EBITDA margin 31%   27%         Three Months Ended March 31,  2026
    2025
 (In Thousands)Net Income$6,410  $2,361 Stock-based compensation 24,249   24,342 Amortization of acquired intangibles 6,555   7,239 M&A and restructuring costs (a) —   1,162 Other recoveries (b) (22)  — Income tax effect of non-GAAP adjustments (d) (9,542)  (10,150)Non-GAAP net income$27,650  $24,954       GAAP earnings per share:     Basic$0.04  $0.01 Diluted$0.04  $0.01       GAAP Weighted-average common stock outstanding:     Basic 160,772   165,117 Diluted 164,108   168,941       Non-GAAP earnings per share:     Basic$0.17  $0.15 Diluted$0.17  $0.15       Non-GAAP Weighted-average common stock outstanding:     Basic 160,772   165,117 Diluted 164,108   168,941  (a)M&A and restructuring costs for the three months ended March 31, 2025 consist of transaction costs related to the acquisition of Rockerbox.(b)Other recoveries for the three months ended March 31, 2026 consist of changes to accrued expenses with respect to litigation and regulatory matters outside of the ordinary course.(c)Other expense (income) for the three months ended March 31, 2026 and March 31, 2025 consist of interest income earned on interest-bearing monetary assets, and the impact of changes in foreign currency exchange rates.(d)We calculate the income tax effect of the adjustments using a non-GAAP effective tax rate to provide consistency across reporting periods. For the non-GAAP reconciliation, effective tax rates for the three months ended March 31, 2026 and 2025 were calculated using assumed blended tax rates of 31%, respectively. These rates represent a blend of the statutory federal tax and state taxes rates associated with the most recent Annual Report on Form 10-K. We will periodically reevaluate this tax rate, as necessary, for significant events such as relevant tax law changes.        Three Months Ended March 31,  2026
    2025
 (In Thousands)Net cash provided by operating activities$4,171  $37,663 Purchase of property, plant and equipment (10,543)  (6,286)Free cash flow$(6,372) $31,377 Free cash flow conversion (12)%   70% 
These Non-GAAP Financial Measures have limitations as analytical tools and should not be considered in isolation or as substitutes for an analysis of our results as reported under GAAP. Some of the limitations of these measures are:

they do not reflect changes in, or cash requirements for, working capital needs;they do not reflect our capital expenditures or future requirements for capital expenditures or contractual commitments;they do not reflect income tax expense or the cash requirements to pay income taxes;they do not reflect interest expense or the cash requirements necessary to service interest or principal debt payments; andalthough depreciation and amortization are non-cash charges related mainly to intangible assets, certain assets being depreciated and amortized will have to be replaced in the future, and they do not reflect any cash requirements for such replacements. In addition, other companies in our industry may calculate these Non-GAAP Financial Measures differently than we do, limiting their usefulness as a comparative measure. You should compensate for these limitations by relying primarily on our GAAP results and using the Non-GAAP Financial Measures only supplementally.

Total stock-based compensation expense recorded in the Consolidated Statements of Operations and Comprehensive Income is as follows:

         Three Months Ended   March 31, (in thousands) 2026 2025Product development $9,410 $9,266Sales, marketing and customer support  7,124  7,629General and administrative  7,715  7,447Total stock-based compensation $24,249 $24,342
Forward-Looking Statements

This press release includes “forward-looking statements”. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “plan,” “seek,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe” or “continue” or the negative thereof or variations thereon or similar terminology. Any statements in this press release regarding future revenues, earnings, margins, financial performance or results of operations (including the guidance provided under “Second Quarter and Full-Year 2026 Guidance”), and any other statements that are not historical facts are forward-looking statements. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. These risks, uncertainties, assumptions and other factors include, but are not limited to, the competitiveness of our solutions amid technological developments or evolving industry standards, the competitiveness of our market, system failures, security breaches, cyberattacks or natural disasters, economic downturns and unstable market conditions, our ability to collect payments, data privacy legislation and regulation, public criticism of digital advertising technology, our international operations, our use of “open source” software, our limited operating history and the potential for our revenues and results of operations to fluctuate in the future. Moreover, we operate in a very competitive and rapidly changing environment, and new risks may emerge from time to time. It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results or outcomes to differ materially from those contained in any forward-looking statements we may make.

Further information on these and additional risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those included in or contemplated by the forward-looking statements contained in this press release are included under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K filed with the SEC on February 26, 2026 and other filings and reports we make with the SEC from time to time.

We have based our forward-looking statements on our management’s beliefs and assumptions based on information available to our management at the time the statements are made. Any forward-looking information presented herein is made only as of the date of this press release, and, except as required by law, we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

About DoubleVerify

DoubleVerify (NYSE: DV) is the industry’s leading media effectiveness platform that leverages AI to drive superior outcomes for global brands. By creating more effective, transparent ad transactions, we make the digital advertising ecosystem stronger, safer and more secure, thereby preserving the fair value exchange between buyers and sellers of digital media. Learn more at www.doubleverify.com.

Investor Relations

Brinlea Johnson
The Blueshirt Group
[email protected] 

Media Contact

Chris Harihar
Crenshaw Communications
646-535-9475
[email protected] 

For the quarter ended March 2026, DoubleVerify Holdings (DV - Free Report) reported revenue of $180.83 million, up 9.6% over the same period last year. EPS came in at $0.17, compared to $0.01 in the year-ago quarter.

The reported revenue represents a surprise of +0.74% over the Zacks Consensus Estimate of $179.5 million. With the consensus EPS estimate being $0.18, the EPS surprise was -7.26%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how DoubleVerify performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenue by customer type- Measurement: $61.8 million versus $58.03 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +15.7% change.Revenue by customer type- Supply-side: $18.48 million compared to the $18.74 million average estimate based on four analysts. The reported number represents a change of +12.3% year over year.Revenue by customer type- Activation: $100.55 million compared to the $102.26 million average estimate based on four analysts. The reported number represents a change of +5.7% year over year.View all Key Company Metrics for DoubleVerify here>>>

Shares of DoubleVerify have returned +13.7% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

CTV fraud risk is being supercharged by AI and rising across markets, according to DoubleVerify’s latest Global Insights report on Streaming TV May 07, 2026 09:00 ET  | Source: DoubleVerify Inc.

NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- DoubleVerify (“DV”) (NYSE: DV), the leading software platform to verify media quality, optimize ad performance and prove campaign outcomes, today released its 2026 Global Insights report, Must-CTV: Streaming’s Shift From Promise to Performance. The insights are based on proprietary DV measurement data spanning billions of impressions from DV-protected campaigns and controlled tests where protection controls were not applied. The report also includes surveys of more than 2,000 marketers and 22,000 consumers in over 20 global markets.

A core finding from the research shows how AI is fueling more sophisticated fraud, with connected TV (CTV) schemes accelerating worldwide. DV detected 140% more CTV fraud schemes and variants in Q1 2026 compared with Q1 2025, underscoring how fraudsters are using advanced tools to scale and create more complex operations.

“CTV is attracting premium spend and bad actors right along with it,” said Gilit Saporta, VP, Fraud Lab at DoubleVerify. “Our research shows fraudsters are quick to exploit inefficiencies in the ecosystem, using AI and limited transparency to siphon value from advertisers, with tactics that vary by market. Brands need to get ahead of it by eliminating low-quality impressions and focusing investment on inventory with a real chance to perform.”

Additional findings from DV’s report demonstrate how rapidly fraud is scaling across CTV:

Persistent bot activity: DV uncovered 50+ distinct CTV bot attacks and variants in 2025 alone.Explosive growth in fraudulent apps: DV identified 10x more fraudulent CTV apps in 2025 vs. 2024.Significant financial impact: In unprotected campaigns, even at conservative estimates, fraud can cost advertisers approximately $1.8 million per billion CTV impressions served. With trillions of CTV impressions served each year, these losses add up quickly.
Notably, CTV fraud is not uniform across markets. Bot fraud uses software to imitate real users, while data center fraud comes from centralized servers generating high volumes of non-human traffic. In North America, bot fraud made up 82% of violations, while data center traffic dominated in APAC (98%), EMEA (66%) and LATAM (91%). The regional variation signals that fraudsters are adapting tactics by market, reinforcing the need for tailored approaches.

DV’s research also challenges a common assumption in the market: that buying CTV inventory through direct deals or private marketplaces (PMPs) inherently reduces fraud. DV found bot activity in multiple direct CTV buys from major global advertisers. In one consumer healthcare campaign, 34% of impressions went to bots, compared with 25% in a major CPG campaign—both in direct deals.

“There’s a perception that direct deals in CTV are fraud-free, but that’s not the case as fraud always finds a way,” Saporta added. “It can exist anywhere inventory is bought and sold. Without independent verification and proactive protections, advertisers risk paying premium prices for impressions that deliver no real value.”

DV’s analysis shows a clear divide between protected (with verification controls) and unprotected environments. In DV-protected CTV campaigns, fraud rates were less than 1%, compared with nearly 9% in unprotected campaigns. As fraud grows more sophisticated, effective protection is not optional, but foundational to performance.

Additionally, DV found that fewer than one-quarter (21%) of advertisers measure CTV performance using invalid traffic (IVT) or fraud detection as a KPI. While fraud prevention is not a direct measure of performance, it plays a critical role in enabling it. Fraudulent impressions have no chance to drive outcomes, and exposure to low-quality inventory limits campaign effectiveness. By identifying and avoiding invalid traffic, advertisers can shift investment toward high-quality impressions with real potential to perform—strengthening both media efficiency and overall campaign results.

DV launched DV Authentic Streaming TV™ in January, combining verification and optimization to deliver granular pre-bid discovery, AI-powered activation and unified measurement across streaming TV and CTV. The solution helps brands avoid low-quality impressions, focus spend on high-performing, contextually relevant inventory and drive measurable outcomes.

Must-CTV: Streaming’s Shift From Promise to Performance, the first of DV’s 2026 Global Insights reports, is now available. To receive the report and additional findings as they are published, sign up here: https://doubleverify.com/lp/report/ctv/verify/2026-dv-global-insights-streaming-tv

About DoubleVerify
DoubleVerify (“DV”) (NYSE: DV) is the industry’s leading media effectiveness platform that leverages AI to drive superior outcomes for global brands. By powering media efficiency and performance, DV strengthens the online advertising ecosystem, preserving the fair value exchange between buyers and sellers of digital media. Learn more at www.doubleverify.com.

Chris Harihar
646-535-9475
[email protected]

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New capabilities enable advertisers to avoid unsuitable content before ads are served, giving brands greater control and driving stronger performance on Threads May 18, 2026 09:00 ET  | Source: DoubleVerify Inc.

NEW YORK, May 18, 2026 (GLOBE NEWSWIRE) -- DoubleVerify (“DV”) (NYSE: DV), the leading software platform to verify media quality, optimize ad performance and prove campaign outcomes, today announced the launch of AI-powered pre-screen content controls on Meta Threads feed. The new capabilities enable advertisers to avoid content they deem unsuitable before ads are served, strengthening brand protection while improving campaign performance.

This release builds on DV’s October 2025 expansion of post-bid brand suitability measurement across Meta’s Threads feed. Together, pre-screen protection and post-bid measurement provide advertisers with a comprehensive, end-to-end approach to media quality. DV’s pre-screen controls evaluate content before impressions are transacted, helping advertisers avoid placements that fall below their defined brand suitability thresholds. Post-bid measurement then analyzes delivered impressions, offering transparency into where ads appeared and how they aligned with brand expectations.

“Advertisers expect more control over the environments where their advertising appears,” said Mark Zagorski, CEO of DoubleVerify. “With AI-powered content-level controls on Threads, we’re helping brands better align ads with content that meets their standards while driving stronger performance and measurable outcomes.”

DV’s pre-screen controls automatically identify and avoid content under DV’s Brand Risk Floor and Brand Suitability Tiers. Furthermore, DV is giving advertisers greater flexibility over content alignment on Threads with 30 additional content-level avoidance categories—including Youth Entertainment and Gambling—enabling more granular control beyond core brand risk and suitability settings.

DV’s content-level avoidance controls on Threads feed are refreshed automatically on an hourly basis, requiring no manual intervention and ensuring advertisers are continuously protected as content evolves.

This release is powered by DV Universal Content Intelligence™, the company’s AI-driven classification engine that analyzes video, image, audio and text signals to deliver accurate, scalable content classification across environments. For video, DV reviews content frame by frame, using advanced key frame extraction to remove redundant visual elements. This approach enables faster, more efficient analysis while maintaining the precision and accuracy advertisers rely on.

DV brand suitability is a key component of DV’s Media AdVantage Platform, which combines media verification, ad performance optimization and campaign outcomes measurement to maximize media effectiveness and return on ad spend. As part of media verification, DV’s brand suitability measurement and controls provide advertisers with protection and actionable insights into content alignment, strengthening confidence in campaign performance.

About DoubleVerify
DoubleVerify (“DV”) (NYSE: DV) is the industry’s leading media effectiveness platform that leverages AI to drive superior outcomes for global brands. By powering media efficiency and performance, DV strengthens the online advertising ecosystem, preserving the fair value exchange between buyers and sellers of digital media. Learn more at www.doubleverify.com.

Chris Harihar
646-535-9475
[email protected]