Direct Digital Holdings (DRCT) Deferred Taxes (2022 - 2024)

Direct Digital Holdings' (DRCT) quarterly Deferred Taxes came in at $6.6 million in Q3 2024, up 7407.95% year-on-year from $88000.0 in Q4 2023, and up 2502.55% on a QoQ basis from -$275000.0 in Q2 2024.

Direct Digital Holdings (DRCT) Deferred Taxes (2022 - 2024) Analysis & Trends

Direct Digital Holdings (DRCT) has 3 years of Deferred Taxes data on file, last reported at $6.6 million in Q3 2024.

  • On a quarterly basis, Deferred Taxes rose 7407.95% year-over-year to $6.6 million in Q3 2024; TTM through Jun 2025 was $6.6 million, a 6573.74% increase from a year earlier, with the FY2024 full-year figure at $6.1 million, up 979.58% from the prior year.
  • Deferred Taxes for Q3 2024 stood at $6.6 million, up from -$275000.0 in the prior quarter.
  • Over the last five years, Deferred Taxes for DRCT reached as high as $6.6 million in Q3 2024 and fell as low as -$275000.0 in Q2 2024.
  • Historically, Deferred Taxes has averaged $751781.6 across 3 years, with a median of $68000.0 in 2023.
  • On a YoY basis, Deferred Taxes climbed as much as 7407.95% in 2024 and fell as far as 504.41% in 2024.
  • Year by year, Deferred Taxes stood at $145591.0 in 2022, then surged by 233.81% to $486000.0 in 2023, then jumped by 1259.47% to $6.6 million in 2024.
  • Per Business Quant data, the three most recent Deferred Taxes figures were $6.6 million in Q3 2024, -$275000.0 in Q2 2024, and -$200000.0 in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 AppLovin 134.57 Bn 131.82 Bn 1.64 Bn -
2 Wpp 26.03 Bn 22.66 Bn - -
3 Omnicom 22.21 Bn 18.26 Bn 1.04 Bn -
4 Trade Desk 7.97 Bn 6.56 Bn 506.89 Mn -
5 Magnite 2.57 Bn 2.39 Bn 103.96 Mn -1.15 Mn
6 Ziff Davis 1.94 Bn 1.42 Bn 223.32 Mn -12.32 Mn
7 Stagwell 1.76 Bn 1.66 Bn 244.61 Mn -635,000.00
8 DoubleVerify Holdings 1.67 Bn 1.50 Bn 147.67 Mn 1.50 Mn
9 Clear Channel Outdoor Holdings 1.20 Bn 1.03 Bn 193.76 Mn -10.63 Mn
10 Direct Digital Holdings 201,739.99 -5.75 Mn 2.26 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2024 6.61 Mn
Jun 30, 2024 -275,000.00
Mar 31, 2024 -200,000.00
Dec 31, 2023 486,000.00
Sep 30, 2023 88,000.00
Jun 30, 2023 68,000.00
Mar 31, 2023 -74,000.00
Dec 31, 2022 145,591.00
Sep 30, 2022 -79,557.00