5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $35M | -$19M | 30.0% | -42.5% | — | $12M | $728000 |
| 2024 | $62M | -$6M | 27.9% | -21.2% | — | $35M | $1M |
| 2023 | $157M | -$2M | 23.9% | -1.4% | — | $30M | $5M |
| 2022 | $89M | $205000 | 32.8% | 8.9% | — | $24M | $4M |
| 2021 | $38M | -$2M | 48.3% | 11.5% | — | — | $5M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $7M | -$5M | 33.9% | -48.7% | — | $145000 | $796000 |
| Dec '25 | $8M | -$12M | 26.8% | -53.5% | — | $12M | $728000 |
| Sep '25 | $8M | -$3M | 27.7% | -49.0% | — | $11M | $871000 |
| Jun '25 | $10M | -$2M | 35.1% | -23.9% | — | $34M | $2M |
| Mar '25 | $8M | -$2M | 29.3% | -48.1% | — | $33M | $2M |
| Dec '24 | $9M | -$2M | 32.4% | -51.8% | — | $35M | $1M |
| Sep '24 | $9M | -$3M | 38.7% | -40.3% | — | $150000 | $4M |
| Jun '24 | $22M | -$590000 | 27.1% | -9.4% | — | $35M | $1M |
| Mar '24 | $22M | -$775000 | 22.4% | -12.6% | — | $32M | $3M |
| Dec '23 | $41M | -$3M | 22.7% | -21.4% | — | $30M | $5M |
| Sep '23 | $59M | $571000 | 19.8% | 7.6% | — | $22M | $5M |
| Jun '23 | $35M | $192000 | 28.5% | 6.4% | — | $23M | $6M |
| Mar '23 | $21M | -$214000 | 30.3% | -0.7% | — | $23M | $7M |
| Dec '22 | $31M | -$3M | 28.4% | 8.1% | — | $24M | $4M |
| Sep '22 | $26M | $810783 | 28.7% | 7.1% | — | $23M | $7M |
| Jun '22 | $21M | $3M | 39.2% | 14.4% | — | $20M | $5M |
| Mar '22 | $11M | -$671623 | 42.0% | 5.1% | — | $20M | $4M |
| Dec '21 | $13M | -$2M | 38.9% | 10.3% | — | — | $5M |
| Sep '21 | $8M | -$226366 | 50.7% | 6.8% | — | — | — |
| Jun '21 | $11M | $2M | 55.2% | 22.5% | — | — | — |
How the market has priced DRCT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 4 years, Direct Digital Holdings, Inc.'s revenue has declined 2.3% per year. These are computed facts, not advice.
As of FY2025, Direct Digital Holdings, Inc. reported $12M of total debt against $728000 of cash; operating income covered interest expense -2.8×.
In FY2025, gross margin was 30.0%, operating margin -42.5%, and net margin -54.6%.
As of Jun '26, Direct Digital Holdings, Inc. traded at a price-to-earnings ratio of about 41.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.