Direct Digital Holdings (DRCT) Tax Provisions (2021 - 2024)

Direct Digital Holdings (DRCT) reported Tax Provisions of $6.6 million for Q3 2024, up 3879.52% year-over-year from $166000.0 in Q4 2023, and up 2510.95% quarter-over-quarter from -$274000.0 in Q2 2024.

Direct Digital Holdings (DRCT) Tax Provisions (2021 - 2024) Analysis & Trends

Direct Digital Holdings (DRCT) has 4 years of Tax Provisions data on file, last reported at $6.6 million in Q3 2024.

  • Tax Provisions for Q3 2024 came in at $6.6 million, up 3879.52% year-over-year; the trailing twelve-month figure through Jun 2025 was $6.6 million (up 6927.66% YoY), and the FY2024 annual result was $6.1 million, up 979.58% from the prior year.
  • Tax Provisions climbed to $6.6 million in Q3 2024 per DRCT's latest filing, from -$274000.0 in the prior quarter.
  • Over five years, Tax Provisions peaked at $6.6 million in Q3 2024 and troughed at -$274000.0 in Q2 2024.
  • A 4-year average of $576259.3 and a median of $64000.0 in 2021 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2022 and 2024: Tax Provisions surged 14528.25% in 2022, then slumped 470.27% in 2024.
  • A 4-year view of Tax Provisions shows it stood at -$54878.0 in 2021, then soared by 334.04% to $128436.0 in 2022, then soared by 213.0% to $402000.0 in 2023, then soared by 1543.28% to $6.6 million in 2024.
  • Business Quant data shows DRCT's Tax Provisions at $6.6 million in Q3 2024, -$274000.0 in Q2 2024, and -$200000.0 in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 AppLovin 175.91 Bn 173.15 Bn 1.78 Bn 225.80 Mn
2 Omnicom 22.52 Bn 18.86 Bn 1.04 Bn 154.60 Mn
3 Trade Desk 9.46 Bn 8.05 Bn 506.89 Mn 38.96 Mn
4 Wpp 2.71 Bn -875.81 Mn - -462.90 Mn
5 Nexxen International 2.36 Bn 2.23 Bn 70.41 Mn 100,000.00
6 Magnite 2.27 Bn 2.09 Bn 118.28 Mn -681,000.00
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn 2.64 Mn
8 DoubleVerify Holdings 1.69 Bn 1.51 Bn 135.23 Mn 7.82 Mn
9 Stagwell 1.60 Bn 1.51 Bn 244.61 Mn -2.90 Mn
10 Direct Digital Holdings 1.60 Mn -4.36 Mn 2.26 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2024 6.61 Mn
Jun 30, 2024 -274,000.00
Mar 31, 2024 -200,000.00
Dec 31, 2023 402,000.00
Sep 30, 2023 166,000.00
Jun 30, 2023 74,000.00
Mar 31, 2023 -74,000.00
Sep 30, 2022 128,436.00
Jun 30, 2022 86,676.00
Dec 31, 2021 -54,878.00
Sep 30, 2021 878.00
Jun 30, 2021 54,000.00