Direct Digital Holdings (DRCT) Operating Margin (2021 - 2026)
Direct Digital Holdings (DRCT) posted quarterly Operating Margin of 48.67% for Q1 2026, down 56.0% year-over-year from 110.61% in Q1 2025, and up 8.97% quarter-over-quarter from 53.46% in Q4 2025.
Direct Digital Holdings (DRCT) Operating Margin (2021 - 2026) Analysis & Trends
Direct Digital Holdings (DRCT) has reported Operating Margin for 6 consecutive years, with 48.67% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin fell 56.0% year-over-year to 48.67%; the TTM figure through Mar 2026 stood at 42.4% (down 1261.0% YoY), while the FY2025 annual figure was 42.53%, down 2128.0% from the prior year.
- Operating Margin rose to 48.67% in Q1 2026 per DRCT's latest filing, from 53.46% in the prior quarter.
- Across five years, Operating Margin topped out at 14.41% in Q2 2022 and bottomed at 53.46% in Q4 2025.
- Historically, Operating Margin has averaged 18.28% across 5 years, with a median of 12.6% in 2024.
- Annual changes were most pronounced in 2022 — Operating Margin jumped 560 bps — and 2024, when it tumbled 4787 bps.
- Direct Digital Holdings' Operating Margin stood at 8.08% in 2022, then slumped by 365 bps to 21.44% in 2023, then tumbled by 142 bps to 51.79% in 2024, then dropped by 3 bps to 53.46% in 2025, then rose by 9 bps to 48.67% in 2026.
- Business Quant data shows DRCT's Operating Margin at 48.67% in Q1 2026, 53.46% in Q4 2025, and 48.99% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 100.85 Bn | 97.79 Bn | 1.70 Bn | 77.68% |
| 2 | Omnicom | 24.32 Bn | 20.98 Bn | 1.30 Bn | 14.06% |
| 3 | Trade Desk | 6.22 Bn | 4.73 Bn | 530.72 Mn | 14.21% |
| 4 | Wpp | 5.66 Bn | 2.49 Bn | - | - |
| 5 | Magnite | 3.31 Bn | 2.98 Bn | 130.79 Mn | 16.19% |
| 6 | Stagwell | 2.11 Bn | 2.00 Bn | 269.24 Mn | 1.47% |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn | 11.88% |
| 8 | Ziff Davis | 2.02 Bn | 409.96 Mn | 241.03 Mn | -15.60% |
| 9 | Clear Channel Outdoor Holdings | 1.21 Bn | 1.02 Bn | 241.86 Mn | 20.33% |
| 10 | Direct Digital Holdings | 1.94 Mn | -3.94 Mn | 2.66 Mn | -37.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -48.67% |
| Dec 31, 2025 | -53.46% |
| Sep 30, 2025 | -48.99% |
| Jun 30, 2025 | -23.92% |
| Mar 31, 2025 | -48.11% |
| Dec 31, 2024 | -51.79% |
| Sep 30, 2024 | -40.31% |
| Jun 30, 2024 | -9.45% |
| Mar 31, 2024 | -12.60% |
| Dec 31, 2023 | -21.44% |
| Sep 30, 2023 | 7.56% |
| Jun 30, 2023 | 6.37% |
| Mar 31, 2023 | -0.66% |
| Dec 31, 2022 | 8.08% |
| Sep 30, 2022 | 7.10% |
| Jun 30, 2022 | 14.41% |
| Mar 31, 2022 | 5.14% |
| Dec 31, 2021 | 10.26% |
| Sep 30, 2021 | 6.78% |
| Jun 30, 2021 | 22.54% |