Adtech firm DoubleVerify raises annual revenue growth guidance

DoubleVerify Holdings

05/08/2025 21:38

Overview

DoubleVerify Q2 2025 revenue grows 21% yr/yr, beating analyst expectations

Adjusted EBITDA for Q2 exceeds estimates, reaching $57.3 mln with 30% margin

Co raises full-year 2025 revenue growth guidance to ~15%

Outlook

DoubleVerify raises full-year 2025 revenue growth guidance to ~15%

Company reaffirms full-year 2025 adjusted EBITDA margin of 32%

DoubleVerify sees Q3 revenue between $188 mln and $192 mln

Company expects Q3 adjusted EBITDA between $60 mln and $64 mln

Result Drivers

EXISTING CUSTOMER EXPANSION - Growth driven by existing customers adopting more products and expanding into new geographies

NEW CUSTOMER ACQUISITIONS - Addition and scaling of new advertiser and supply-side customers contributed to revenue growth

SOCIAL AND CTV GROWTH - Significant traction in Social measurement and scaling of CTV transactions boosted revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$189.02 mln
$180.40 mln (20 Analysts)
Q2 Net Income
$8.76 mln
Q2 Adjusted EBITDA
Beat
$57.30 mln
$53.10 mln (18 Analysts)
Q2 Income From Operations
$13.55 mln
Q2 Pretax Profit
$15.21 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 9 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for DoubleVerify Holdings Inc is $17.00, about 9.1% above its August 4 closing price of $15.45

The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 36 three months ago

Press Release: ID:nBw10grh2a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)