Direct Digital Holdings (DRCT) Cost of Revenue (2021 - 2026)
Direct Digital Holdings' (DRCT) quarterly Cost of Revenue came in at $5.2 million in Q2 2026, down 21.48% year-over-year from $6.6 million in Q2 2025, and up 17.0% quarter-over-quarter from $4.4 million in Q1 2026.
Analysis
Direct Digital Holdings (DRCT) Cost of Revenue (2021 - 2026) Analysis & Trends
Direct Digital Holdings (DRCT) has reported Cost of Revenue for 6 consecutive years, with $5.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 21.48% year-over-year to $5.2 million in Q2 2026; TTM through Jun 2026 was $21.5 million, a 10.52% decrease from a year earlier, with the FY2025 full-year figure at $24.3 million, down 45.93% from the prior year.
- Cost of Revenue was $5.2 million for Q2 2026 at Direct Digital Holdings, up from $4.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $47.7 million in Q3 2023 and troughed at $4.4 million in Q1 2026.
- A 5-year average of $14.4 million and a median of $9.8 million in 2022 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue jumped 349.0% in 2022 and sank 88.35% in 2024, its largest moves.
- Over 5 years, Cost of Revenue stood at $22.0 million in 2022, then soared by 44.08% to $31.7 million in 2023, then slumped by 80.64% to $6.1 million in 2024, then rose by 0.36% to $6.2 million in 2025, then decreased by 16.06% to $5.2 million in 2026.
- The last three Cost of Revenue figures came in at $5.2 million (Q2 2026), $4.4 million (Q1 2026), and $6.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,988.57 Bn | 3,559.53 Bn | 73.85 Bn | 45.94 Bn |
| 2 | AppLovin | 102.43 Bn | 99.38 Bn | 1.70 Bn | 225.80 Mn |
| 3 | Trade Desk | 6.51 Bn | 5.03 Bn | 530.72 Mn | 184.33 Mn |
| 4 | Magnite | 3.38 Bn | 3.05 Bn | 130.79 Mn | 62.04 Mn |
| 5 | DoubleVerify Holdings | 2.06 Bn | 1.85 Bn | 161.31 Mn | 32.48 Mn |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | - |
| 7 | Taboola.com | 1.03 Bn | 897.53 Mn | 139.48 Mn | 337.35 Mn |
| 8 | Quinstreet | 1.02 Bn | 890.87 Mn | 49.81 Mn | 324.07 Mn |
| 9 | Ibotta | 916.56 Mn | 768.39 Mn | 69.72 Mn | 19.19 Mn |
| 10 | Direct Digital Holdings | 1.30 Mn | 777,470.03 | 2.66 Mn | 5.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.17 Mn |
| Mar 31, 2026 | 4.42 Mn |
| Dec 31, 2025 | 6.16 Mn |
| Sep 30, 2025 | 5.77 Mn |
| Jun 30, 2025 | 6.58 Mn |
| Mar 31, 2025 | 5.76 Mn |
| Dec 31, 2024 | 6.14 Mn |
| Sep 30, 2024 | 5.56 Mn |
| Jun 30, 2024 | 15.92 Mn |
| Mar 31, 2024 | 17.28 Mn |
| Dec 31, 2023 | 31.70 Mn |
| Sep 30, 2023 | 47.72 Mn |
| Jun 30, 2023 | 25.33 Mn |
| Mar 31, 2023 | 14.79 Mn |
| Dec 31, 2022 | 22.00 Mn |
| Sep 30, 2022 | 18.52 Mn |
| Jun 30, 2022 | 12.93 Mn |
| Mar 31, 2022 | 6.59 Mn |
| Dec 31, 2021 | 7.88 Mn |
| Sep 30, 2021 | 4.13 Mn |