DoubleVerify Holdings, Inc. (DV) Stock

DoubleVerify Holdings, Inc. (DV) is a Technology stock trading at $13.30 (as of 2026-08-20), with a market capitalization of $2.06B and a trailing P/E of 57.4. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

DoubleVerify Holdings, Inc. provides software for digital media measurement, data, and analytics used by advertisers and publishers. Its offerings include tools that evaluate ad quality and attention signals, contextual matching, and publisher capabilities to manage video delivery and inventory performance, with analytics interfaces for campaign control and tracking.

Understand DoubleVerify Holdings, Inc.: how it makes money

DoubleVerify provides software for digital media measurement and analytics that helps advertisers assess ad quality and engagement and improve the effectiveness of their digital advertising. It generates revenue through its Activation, Measurement, and Supply-Side offerings.

The profit engine is recurring use of DoubleVerify's digital media measurement and activation capabilities by customers, evidenced by a high 95% Gross Revenue Retention Rate.

Revenue by segment (latest quarter)
Activation$0.1B
Measurement$0.1B
Supply-Side$0.0B

Business quality (Mixed): DoubleVerify shows strong gross profitability (81.7% gross margin) with a smaller operating margin (8.6%), consistent with a measurement and analytics platform that is profitable but still cost-sensitive to scale.

Valuation: Trades at 31× trailing earnings · $2B market cap.

Bull case

  • Retention supports a recurring revenue model: Gross Revenue Retention Rate is 95.0 percent, suggesting many customers continue using DoubleVerify after onboarding.
  • Broad advertiser adoption of its measurement and activation offering: Advertisers Utilizing Meta Activation Since Launch is 87.0, and Meta-Activation Advertisers Live at Year End is 68.0.

Bear case

  • Not all measured traffic may be covered by anti-fraud measurement: Slop Stopper Measurement Coverage of Measured Impressions is 40.0 percent, indicating coverage is not universal across measured impressions.
  • Revenue mix is led by two lines, with smaller Supply-Side contribution: Supply-Side Revenue is 0.02B, smaller than Activation Revenue (0.1B) and Measurement Revenue (0.06B), which could limit diversification if one area softens.
Valuation — source: SEC EDGAR (first-party)
Price$13.30
Market Cap$2.06B
P/E Ratio57.4
EV / EBITDA13.4
Price / Book1.88
Price / Sales2.77
FCF Yield7.6%
DCF Value (model)$22.27
DCF Upside vs Price67.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$748.29M
Net Margin6.8%
Revenue Growth (YoY)13.9%
EPS Growth (YoY)-6.1%
FCF Growth (YoY)30.3%
Financial Health — source: SEC EDGAR
Altman Z-Score7.22 (safe)
Valuation vs Sector & Industry
Stock P/E57.4
Sector P/E (Technology)33.9
Industry P/E (Business Services)30.0
vs Sector69.1%
vs Industry91.6%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($183.85M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryBusiness Services
CEOMark S. Zagorski
Employees1,197
CountryUS
IPO Date2021-04-21

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DV earnings history · DV institutional & insider holders · DV KPIs & operating metrics · DV financials · DV investor presentations & press releases · DV SEC filings · DV peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.