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

Direct Digital Holdings' (DRCT) quarterly Operating Margin came in at 48.67% in Q1 2026, down 56.0% year-on-year from 110.61% in Q1 2025, and up 8.97% on a QoQ basis 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.

  • On a quarterly basis, Operating Margin fell 56.0% year-over-year to 48.67% in Q1 2026; TTM through Mar 2026 was 42.4%, a 1261.0% decrease from a year earlier, with the FY2025 full-year figure at 42.53%, down 2128.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 48.67%, up from 53.46% in the prior quarter.
  • Over the last five years, Operating Margin for DRCT reached as high as 14.41% in Q2 2022 and fell as low as 53.46% in Q4 2025.
  • Historically, Operating Margin has averaged 18.28% across 5 years, with a median of 12.6% in 2024.
  • Across the five-year window, Operating Margin surged 560 bps in 2022 and sank 4787 bps in 2024, its largest moves.
  • Year by year, 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 fell by 3 bps to 53.46% in 2025, then advanced by 9 bps to 48.67% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 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 134.57 Bn 131.82 Bn 1.64 Bn 78.15%
2 Wpp 26.03 Bn 22.66 Bn - -
3 Omnicom 22.21 Bn 18.26 Bn 1.04 Bn 10.35%
4 Trade Desk 7.97 Bn 6.56 Bn 506.89 Mn 9.68%
5 Magnite 2.57 Bn 2.39 Bn 103.96 Mn 4.70%
6 Ziff Davis 1.94 Bn 1.42 Bn 223.32 Mn 1.10%
7 Stagwell 1.76 Bn 1.66 Bn 244.61 Mn 1.37%
8 DoubleVerify Holdings 1.67 Bn 1.50 Bn 147.67 Mn 8.65%
9 Clear Channel Outdoor Holdings 1.20 Bn 1.03 Bn 193.76 Mn 10.56%
10 Direct Digital Holdings 201,739.99 -5.75 Mn 2.26 Mn -48.67%

Historic Data

Download Data
DateValue
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%