DoubleVerify Holdings (DV) Operating Margin (2020 - 2026)
DoubleVerify Holdings' (DV) quarterly Operating Margin came in at 8.65% in Q1 2026, up 455.0% year-on-year from 1.56% in Q1 2025, and down 52.95% quarter-over-quarter from 18.38% in Q4 2025.
DoubleVerify Holdings (DV) Operating Margin (2020 - 2026) Analysis & Trends
DoubleVerify Holdings' Operating Margin history runs 7 years deep, the most recent figure standing at 8.65% for Q1 2026.
- On a quarterly basis, Operating Margin rose 455.0% year-over-year to 8.65% in Q1 2026; TTM through Mar 2026 was 11.53%, a 55.0% decrease from a year earlier, with the FY2025 full-year figure at 10.58%, down 196.0% from the prior year.
- Operating Margin declined to 8.65% in Q1 2026 per DV's latest filing, from 18.38% in the prior quarter.
- Across five years, Operating Margin topped out at 21.86% in Q4 2023 and bottomed at 2.96% in Q1 2022.
- The 5-year median for Operating Margin is 11.99% (2022), against an average of 12.0%.
- Biggest YoY gain for Operating Margin was 2496 bps in 2022; the steepest drop was 1003 bps in 2022.
- Year by year, Operating Margin stood at 21.4% in 2022, then climbed by 2 bps to 21.86% in 2023, then dropped by 7 bps to 20.33% in 2024, then declined by 10 bps to 18.38% in 2025, then sank by 53 bps to 8.65% in 2026.
- Per Business Quant, the three latest DV Operating Margin figures stand at 8.65% (Q1 2026), 18.38% (Q4 2025), and 11.19% (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 | Criteo | 1.05 Bn | 737.13 Mn | 222.74 Mn | 2.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.65% |
| Dec 31, 2025 | 18.38% |
| Sep 30, 2025 | 11.19% |
| Jun 30, 2025 | 7.17% |
| Mar 31, 2025 | 4.10% |
| Dec 31, 2024 | 20.33% |
| Sep 30, 2024 | 15.17% |
| Jun 30, 2024 | 7.09% |
| Mar 31, 2024 | 4.90% |
| Dec 31, 2023 | 21.86% |
| Sep 30, 2023 | 12.67% |
| Jun 30, 2023 | 10.95% |
| Mar 31, 2023 | 12.40% |
| Dec 31, 2022 | 21.40% |
| Sep 30, 2022 | 12.83% |
| Jun 30, 2022 | 11.99% |
| Mar 31, 2022 | 2.96% |
| Dec 31, 2021 | 15.18% |
| Sep 30, 2021 | 14.21% |
| Jun 30, 2021 | -12.97% |