DV · DoubleVerify Holdings, Inc.

DoubleVerify delivered solid Q1 2026 results with revenue growth of 10% to $180.8 million, fueled by strong performance in measurement revenue up 16%, particularly social measurement at 23% growth and CTV media transactions measured surging 28%. Activation revenue grew 6% to $100.5 million, while supply-side revenue increased 12% to $18.5 million. CEO Mark Zagorski highlighted product-led growth in social and CTV, AI innovations like DV AI Slop Stopper and Content Lens, and partnerships such as with Spectrum Reach for CTV transparency. These initiatives position DV for durable growth and margin expansion. GAAP net income rose to $6.4 million from $2.4 million prior year, with adjusted EBITDA of $55.2 million yielding a 31% margin, aided by operational efficiencies as noted by CFO Nicola Allais. Balance sheet remains robust with $174 million cash and zero debt. Share repurchases of $100.2 million year-to-date for 9.8 million shares signal confidence, with $200 million still authorized. Guidance affirms momentum: Q2 revenue $199-205 million (7% YoY at midpoint, 32% adjusted EBITDA margin) and full-year revenue $810-826 million (8-10% growth), targeting 34% adjusted EBITDA margin. Recent wins like FOX and MRC accreditation for TikTok viewability bolster competitive moat in digital ad verification.