Direct Digital Holdings (DRCT) Operating Margin (2021 - 2026)
Direct Digital Holdings (DRCT) reported 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 6 years of Operating Margin data on file, last reported at 48.67% in Q1 2026.
- Operating Margin for Q1 2026 came in at 48.67%, down 56.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 42.4% (down 1261.0% YoY), and the FY2025 annual result was 42.53%, down 2128.0% from the prior year.
- Operating Margin advanced to 48.67% in Q1 2026 per DRCT's latest filing, from 53.46% in the prior quarter.
- Over five years, Operating Margin peaked at 14.41% in Q2 2022 and troughed at 53.46% in Q4 2025.
- A 5-year average of 18.28% and a median of 12.6% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2024: Operating Margin jumped 560 bps in 2022, then tumbled 4787 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 8.08% in 2022, then sank by 365 bps to 21.44% in 2023, then slumped by 142 bps to 51.79% in 2024, then slipped by 3 bps to 53.46% in 2025, then increased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn | 78.15% |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn | 10.35% |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn | 9.68% |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - | - |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn | -5.60% |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn | 4.70% |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn | 1.10% |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn | 8.65% |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn | 1.37% |
| 10 | Direct Digital Holdings | 1.60 Mn | -4.36 Mn | 2.26 Mn | -48.67% |
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% |