Direct Digital Holdings (DRCT) Gross Margin (2021 - 2026)
Direct Digital Holdings (DRCT) reported Gross Margin of 34.00% for Q2 2026, down 1.10 percentage points from 35.10% a year earlier but up 0.14 percentage points from the prior quarter.
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Analysis
Direct Digital Holdings (DRCT) Gross Margin (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Direct Digital Holdings' Gross Margin came in at 30.38%, down 3.67 percentage points year-over-year; for FY2025, it came in at 30.03%, up 2.11 percentage points from FY2024.
- Gross Margin has a four-year change of -18.29 percentage points (FY2021 to FY2025).
- By year, Gross Margin came in at 27.92% in FY2024 (+4.00 pp), 23.92% in FY2023 (-8.90 pp), 32.81% in FY2022 (-15.51 pp) and 48.32% in FY2021.
- Five-year quarterly Gross Margin spans a low of 19.76% in Q3 2023 and a high of 50.65% in Q3 2021.
- Year over year, Gross Margin gained in five of the last eight quarters, with an average year-over-year change of +3.79 percentage points.
- The high point for year-over-year Gross Margin in five years was Q3 2024 (a gain of 18.96 percentage points); the low point was Q3 2022 (a drop of 21.94 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 33.86% (Q1 2026), 26.76% (Q4 2025) and 27.73% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 81.37% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 51.93% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 38.11% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 47.67% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 44.93% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 57.06% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 88.26% |
| 10 | Direct Digital Holdings | 1.12 Mn | -7.18 Mn | 2.66 Mn | 34.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.00% |
| Mar 31, 2026 | 33.86% |
| Dec 31, 2025 | 26.76% |
| Sep 30, 2025 | 27.73% |
| Jun 30, 2025 | 35.10% |
| Mar 31, 2025 | 29.34% |
| Dec 31, 2024 | 32.45% |
| Sep 30, 2024 | 38.72% |
| Jun 30, 2024 | 27.14% |
| Mar 31, 2024 | 22.44% |
| Dec 31, 2023 | 22.71% |
| Sep 30, 2023 | 19.76% |
| Jun 30, 2023 | 28.45% |
| Mar 31, 2023 | 30.31% |
| Dec 31, 2022 | 28.44% |
| Sep 30, 2022 | 28.71% |
| Jun 30, 2022 | 39.21% |
| Mar 31, 2022 | 42.05% |
| Dec 31, 2021 | 38.93% |
| Sep 30, 2021 | 50.65% |
API Access
Direct Digital Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=DRCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "DRCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=DRCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();