Direct Digital Holdings (DRCT) Operating Expenses (2021 - 2026)

Direct Digital Holdings (DRCT) reported Operating Expenses of $5.5 million for Q1 2026, down 12.73% year-over-year from $6.3 million in Q1 2025, and down 18.27% quarter-over-quarter from $6.7 million in Q4 2025.

Direct Digital Holdings (DRCT) Operating Expenses (2021 - 2026) Analysis & Trends

Direct Digital Holdings (DRCT) has 6 years of Operating Expenses data on file, last reported at $5.5 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $5.5 million, down 12.73% year-over-year; the trailing twelve-month figure through Mar 2026 was $24.4 million (down 16.36% YoY), and the FY2025 annual result was $25.2 million, down 17.8% from the prior year.
  • Operating Expenses fell to $5.5 million in Q1 2026 per DRCT's latest filing, from $6.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $18.1 million in Q4 2023 and troughed at $4.2 million in Q1 2022.
  • A 5-year average of $7.2 million and a median of $6.6 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 189.27% in 2023, then plunged 57.75% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $6.3 million in 2022, then jumped by 189.27% to $18.1 million in 2023, then sank by 57.75% to $7.7 million in 2024, then slipped by 11.84% to $6.7 million in 2025, then decreased by 18.27% to $5.5 million in 2026.
  • Business Quant data shows DRCT's Operating Expenses at $5.5 million in Q1 2026, $6.7 million in Q4 2025, and $6.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 AppLovin 175.91 Bn 173.15 Bn 1.78 Bn 402.52 Mn
2 Omnicom 22.52 Bn 18.86 Bn 1.04 Bn 5.60 Bn
3 Trade Desk 9.46 Bn 8.05 Bn 506.89 Mn 622.21 Mn
4 Wpp 2.71 Bn -875.81 Mn - -
5 Nexxen International 2.36 Bn 2.23 Bn 70.41 Mn 75.27 Mn
6 Magnite 2.27 Bn 2.09 Bn 118.28 Mn 156.65 Mn
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn 264.71 Mn
8 DoubleVerify Holdings 1.69 Bn 1.51 Bn 135.23 Mn 71.10 Mn
9 Stagwell 1.60 Bn 1.51 Bn 244.61 Mn 694.50 Mn
10 Direct Digital Holdings 1.60 Mn -4.36 Mn 2.26 Mn 5.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.51 Mn
Dec 31, 2025 6.75 Mn
Sep 30, 2025 6.13 Mn
Jun 30, 2025 5.99 Mn
Mar 31, 2025 6.32 Mn
Dec 31, 2024 7.65 Mn
Sep 30, 2024 7.17 Mn
Jun 30, 2024 8.00 Mn
Mar 31, 2024 7.81 Mn
Dec 31, 2023 18.11 Mn
Sep 30, 2023 7.26 Mn
Jun 30, 2023 7.82 Mn
Mar 31, 2023 6.57 Mn
Dec 31, 2022 6.26 Mn
Sep 30, 2022 5.62 Mn
Jun 30, 2022 5.27 Mn
Mar 31, 2022 4.20 Mn
Dec 31, 2021 3.70 Mn
Sep 30, 2021 3.67 Mn
Jun 30, 2021 3.65 Mn