DoubleVerify Holdings (DV) Cost of Revenue (2020 - 2026)
DoubleVerify Holdings' (DV) quarterly Cost of Revenue came in at $33.2 million in Q1 2026, up 7.08% year-on-year from $31.0 million in Q1 2025, and down 7.74% quarter-over-quarter from $35.9 million in Q4 2025.
DoubleVerify Holdings (DV) Cost of Revenue (2020 - 2026) Analysis & Trends
DoubleVerify Holdings' Cost of Revenue history runs 7 years deep, the most recent figure standing at $33.2 million for Q1 2026.
- On a quarterly basis, Cost of Revenue rose 7.08% year-over-year to $33.2 million in Q1 2026; TTM through Mar 2026 was $135.7 million, a 12.27% increase from a year earlier, with the FY2025 full-year figure at $133.5 million, up 14.58% from the prior year.
- Cost of Revenue fell to $33.2 million in Q1 2026 per DV's latest filing, from $35.9 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $35.9 million in Q4 2025 and bottomed at $16.9 million in Q1 2022.
- The 5-year median for Cost of Revenue is $26.6 million (2024), against an average of $27.5 million.
- Across the five-year window, Cost of Revenue jumped 65.41% in 2022 and decreased 0.34% in 2024, its largest moves.
- Year by year, Cost of Revenue stood at $22.8 million in 2022, then soared by 31.5% to $30.0 million in 2023, then increased by 14.3% to $34.3 million in 2024, then grew by 4.74% to $35.9 million in 2025, then decreased by 7.74% to $33.2 million in 2026.
- Per Business Quant, the three latest DV Cost of Revenue figures stand at $33.2 million (Q1 2026), $35.9 million (Q4 2025), and $33.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 139.99 Bn | 137.23 Bn | 1.64 Bn | 203.63 Mn |
| 2 | Omnicom | 24.54 Bn | 20.25 Bn | 1.04 Bn | 5.21 Bn |
| 3 | Wpp | 20.99 Bn | 17.30 Bn | - | - |
| 4 | Trade Desk | 8.50 Bn | 7.09 Bn | 506.89 Mn | 181.97 Mn |
| 5 | 36Kr Holdings | 2.96 Bn | 2.94 Bn | 11.56 Mn | 7.72 Mn |
| 6 | Magnite | 2.77 Bn | 2.59 Bn | 103.96 Mn | 60.41 Mn |
| 7 | Ziff Davis | 1.98 Bn | 1.46 Bn | 223.32 Mn | 44.32 Mn |
| 8 | Stagwell | 1.94 Bn | 1.83 Bn | 244.61 Mn | 459.53 Mn |
| 9 | DoubleVerify Holdings | 1.76 Bn | 1.59 Bn | 147.67 Mn | 33.16 Mn |
| 10 | Token Cat | 1.24 Bn | 1.24 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.16 Mn |
| Mar 31, 2026 | 33.16 Mn |
| Dec 31, 2025 | 35.94 Mn |
| Dec 31, 2025 | 35.94 Mn |
| Sep 30, 2025 | 33.47 Mn |
| Sep 30, 2025 | 33.47 Mn |
| Jun 30, 2025 | 33.13 Mn |
| Jun 30, 2025 | 33.13 Mn |
| Mar 31, 2025 | 30.97 Mn |
| Mar 31, 2025 | 30.97 Mn |
| Dec 31, 2024 | 34.32 Mn |
| Dec 31, 2024 | 34.32 Mn |
| Sep 30, 2024 | 29.48 Mn |
| Sep 30, 2024 | 29.48 Mn |
| Jun 30, 2024 | 26.10 Mn |
| Jun 30, 2024 | 26.10 Mn |
| Mar 31, 2024 | 26.62 Mn |
| Mar 31, 2024 | 26.62 Mn |
| Dec 31, 2023 | 30.02 Mn |
| Dec 31, 2023 | 30.02 Mn |