Direct Digital Holdings (DRCT) Net Margin (2021 - 2026)
Direct Digital Holdings (DRCT) recorded Net Margin of -43.35% in Q2 2026, down 21.18 percentage points from -22.17% a year earlier but up 35.25 percentage points from the prior quarter.
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Analysis
Direct Digital Holdings (DRCT) Net Margin (2021 - 2026) Analysis & Trends
On a TTM basis, Direct Digital Holdings' Net Margin came in at -74.38% as of Jun 30, 2026, down 48.39 percentage points year-over-year; for FY2025, it was -54.61%, down 44.60 percentage points from FY2024.
- Annual Net Margin has declined for three straight years, with a four-year change of -50.66 percentage points (FY2021 to FY2025).
- Across earlier years, Net Margin came in at -10.01% in FY2024 (-8.62 pp), -1.40% in FY2023 (-6.06 pp), 4.66% in FY2022 (+8.61 pp) and -3.95% in FY2021.
- Quarterly Net Margin has ranged from -138.70% in Q4 2025 to 12.30% in Q2 2022 over the past five years.
- On a year-over-year basis, Net Margin has declined for nine consecutive quarters, with an average year-over-year change of -35.87 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 21.11 percentage points in Q4 2022, against a drop of 114.69 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -78.59% (Q1 2026), -138.70% (Q4 2025) and -33.57% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 26.07% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 27.08% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 3.92% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 41.92% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 16.87% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 26.52% |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 24.19% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 65.84% |
| 10 | Direct Digital Holdings | 1.12 Mn | -7.18 Mn | 2.66 Mn | -43.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -43.35% |
| Mar 31, 2026 | -78.59% |
| Dec 31, 2025 | -138.70% |
| Sep 30, 2025 | -33.57% |
| Jun 30, 2025 | -22.17% |
| Mar 31, 2025 | -28.87% |
| Dec 31, 2024 | -24.01% |
| Sep 30, 2024 | -29.64% |
| Jun 30, 2024 | -2.70% |
| Mar 31, 2024 | -3.48% |
| Dec 31, 2023 | -6.69% |
| Sep 30, 2023 | 5.63% |
| Jun 30, 2023 | 3.38% |
| Mar 31, 2023 | -6.29% |
| Dec 31, 2022 | 4.60% |
| Sep 30, 2022 | 3.12% |
| Jun 30, 2022 | 12.30% |
| Mar 31, 2022 | -5.91% |
| Dec 31, 2021 | -16.52% |
| Sep 30, 2021 | -2.71% |
API Access
Direct Digital Holdings Net 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=net-margin&ticker=DRCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=DRCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();