DoubleVerify Holdings (DV) Free Cash Flow (2020 - 2026)
DoubleVerify Holdings (DV) recorded Free Cash Flow of $65.73 million in Q2 2026, up 64.0% from $40.09 million a year earlier.
DoubleVerify Holdings (DV) Free Cash Flow (2020 - 2026) Analysis & Trends
On a TTM basis, DoubleVerify Holdings' Free Cash Flow came in at $160.55 million as of Jun 30, 2026, up 7.1% year-over-year; for FY2025, it came in at $172.65 million, up 30.3% from FY2024.
- Annual Free Cash Flow has increased for three straight years, with a five-year compound annual growth rate of 72.0% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $132.52 million in FY2024 (+29.0%), $102.73 million in FY2023 (+87.2%), $54.88 million in FY2022 (-25.2%) and $73.35 million in FY2021 (+539.8%).
- The Q2 2026 figure is the highest quarterly Free Cash Flow in data going back to Q1 2020.
- On a year-over-year basis, Free Cash Flow rose in five of the last seven quarters, with growth averaging 33.6%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 300.7% in Q2 2024, against a decline of 64.1% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -$6.37 million (Q1 2026), $62.15 million (Q4 2025) and $39.04 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,058.06 Bn | 3,815.58 Bn | 73.85 Bn | -5.86 Bn |
| 2 | Meta Platforms | 1,779.41 Bn | 1,481.93 Bn | 49.47 Bn | 1.75 Bn |
| 3 | Netflix | 273.81 Bn | 234.01 Bn | 6.52 Bn | 1.53 Bn |
| 4 | Alibaba Group Holding | 240.80 Bn | 54.58 Bn | 15.11 Bn | 13.31 Bn |
| 5 | Shopify | 226.51 Bn | 203.69 Bn | 1.71 Bn | 654.00 Mn |
| 6 | Uber Technologies | 137.61 Bn | 109.41 Bn | 6.38 Bn | 2.79 Bn |
| 7 | Booking Holdings | 120.69 Bn | 53.74 Bn | - | 3.64 Bn |
| 8 | PDD Holdings | 109.53 Bn | -134.25 Bn | 9.45 Bn | 3.77 Bn |
| 9 | Spotify Technology | 106.90 Bn | 64.41 Bn | 1.86 Bn | 971.73 Mn |
| 10 | DoubleVerify Holdings | 2.09 Bn | 1.24 Bn | 161.31 Mn | 65.73 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.73 Mn |
| Mar 31, 2026 | -6.37 Mn |
| Dec 31, 2025 | 62.15 Mn |
| Sep 30, 2025 | 39.04 Mn |
| Jun 30, 2025 | 40.09 Mn |
| Mar 31, 2025 | 31.38 Mn |
| Dec 31, 2024 | 30.03 Mn |
| Sep 30, 2024 | 48.39 Mn |
| Jun 30, 2024 | 28.72 Mn |
| Mar 31, 2024 | 25.38 Mn |
| Dec 31, 2023 | 47.36 Mn |
| Sep 30, 2023 | 30.88 Mn |
| Jun 30, 2023 | 7.17 Mn |
| Mar 31, 2023 | 17.33 Mn |
| Dec 31, 2022 | 24.24 Mn |
| Sep 30, 2022 | 17.70 Mn |
| Jun 30, 2022 | 19.95 Mn |
| Mar 31, 2022 | -7.01 Mn |
| Dec 31, 2021 | 20.42 Mn |
| Sep 30, 2021 | 14.22 Mn |
DoubleVerify Holdings Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=DV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "DV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=DV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();