DoubleVerify Holdings, Inc 8-K, filed Oct 30, 2026

DoubleVerify Holdings, Inc. (DV)

8-K 2026-10-30 For: 2026-10-30

Added on October 30, 2026

About this 8-K

DoubleVerify Holdings, Inc filed this 8-K on October 30, 2026.

DoubleVerify reported third-quarter 2026 revenue of $205.6 million, up 9%, net income of $15.9 million and adjusted EBITDA of $75.4 million at a 37% margin. Stockholders approved its pending merger, and it withdrew guidance pending the transaction. AI summary

Items reported

Item 2.02: Financial results
Item 9.01: Financial statements and exhibits

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Delaware	001-40349	82-2714562
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)


462 Broadway
New York, New York		10013
(Address of principal executive offices)		(Zip Code)


Title of Class	Trading Symbol	Name of Each Exchange on Which Registered
Common stock, par value $0.001 per share	DV	New York Stock Exchange


Exhibit Number	Description
99.1	Press Release dated October 30, 2026.
104	Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)


	DOUBLEVERIFY HOLDINGS, INC.



	By:	/s/ Nicola Allais
		Name:	Nicola Allais
		Title:	Chief Financial Officer
Date: October 30, 2026


	As of			As of
(in thousands, except per share data)	September 30, 2026			December 31, 2025
Assets:
Current assets
Cash and cash equivalents	$	250,852		$	259,038
Trade receivables, net of allowances for doubtful accounts of $8,307 and $8,096 as of September 30, 2026 and December 31, 2025, respectively		228,009			221,158
Prepaid expenses and other current assets		41,786			39,132
Total current assets		520,647			519,328
Property, plant and equipment, net		130,054			103,284
Operating lease right-of-use assets, net		61,089			66,908
Goodwill		511,084			516,002
Intangible assets, net		81,299			101,616
Deferred tax assets		29,714			30,920
Other non-current assets		16,051			16,024
Total assets	$	1,349,938		$	1,354,082
Liabilities and Stockholders' Equity:
Current liabilities
Trade payables	$	14,860		$	14,662
Accrued expenses		62,570			73,552
Operating lease liabilities, current		7,349			9,057
Income tax liabilities		1,742			3,829
Current portion of finance lease obligations		13,823			6,982
Other current liabilities		10,693			13,481
Total current liabilities		111,037			121,563
Operating lease liabilities, non-current		72,634			77,917
Finance lease obligations		14,557			5,595
Deferred tax liabilities		11,240			11,467
Other non-current liabilities		7,072			6,208
Total liabilities		216,540			222,750
Commitments and contingencies (Note 15)
Stockholders’ equity
Common stock, $0.001 par value, 1,000,000 shares authorized, 177,293 shares issued and 156,189 outstanding as of September 30, 2026; 1,000,000 shares authorized, 176,546 shares issued and 161,900 outstanding as of December 31, 2025		177			177
Additional paid-in capital		1,082,656			1,059,938
Treasury stock, at cost, 21,104 shares and 14,646 shares as of September 30, 2026 and December 31, 2025, respectively		(297,856)			(247,982)
Retained earnings		341,121			305,864
Accumulated other comprehensive income, net of income taxes		7,300			13,335
Total stockholders’ equity		1,133,398			1,131,332
Total liabilities and stockholders' equity	$	1,349,938		$	1,354,082


	Three Months Ended September 30,						Nine Months Ended September 30,
(in thousands, except per share data)	2026			2025			2026			2025
Revenue	$	205,638		$	188,621		$	580,252		$	542,703
Cost of revenue (exclusive of depreciation and amortization shown separately below)		38,542			33,465			104,185			97,557
Product development		44,427			44,842			136,201			136,762
Sales, marketing and customer support		47,981			47,022			141,836			141,594
General and administrative		28,009			26,997			80,691			83,100
Depreciation and amortization		18,334			15,191			50,333			42,275
Income from operations		28,345			21,104			67,006			41,415
Interest expense		652			467			1,540			1,330
Other (income) expense, net		(251)			99			1,386			(5,185)
Income before income taxes		27,944			20,538			64,080			45,270
Income tax expense		12,015			10,336			28,823			23,949
Net income	$	15,929		$	10,202		$	35,257		$	21,321
Earnings per share:
Basic	$	0.10		$	0.06		$	0.23		$	0.13
Diluted	$	0.10		$	0.06		$	0.22		$	0.13
Weighted-average common stock outstanding:
Basic		155,200			162,031			156,623			163,285
Diluted		160,321			166,497			160,753			167,368
Comprehensive income:
Net income	$	15,929		$	10,202		$	35,257		$	21,321
Other comprehensive (loss) income:
Foreign currency cumulative translation adjustment		(1,346)			839			(6,035)			27,715
Total comprehensive income	$	14,583		$	11,041		$	29,222		$	49,036


											Accumulated Other
							Additional				Comprehensive		Total
	Common Stock			Treasury Stock			Paid-in		Retained		Income (Loss)		Stockholders’
(in thousands)	Shares	Amount		Shares	Amount		Capital		Earnings		Net of Income Taxes		Equity
Balance as of January 1, 2026	176,546	$	177	14,646	$	(247,982)	$	1,059,938	$	305,864	$	13,335	$	1,131,332
Foreign currency translation adjustment	—		—	—		—		—		—		(4,931)		(4,931)
Shares repurchased for settlement of employee tax withholdings	—		—	142		(1,437)		—		—		—		(1,437)
Stock-based compensation expense	—		—	—		—		25,613		—		—		25,613
Common stock issued upon exercise of stock options	—		—	—		—		43		—		—		43
Common stock issued upon vesting of restricted stock units	90		—	—		—		—		—		—		—
Common stock issued upon vesting of performance stock units	53		—	—		—		—		—		—		—
Shares repurchased under authorized repurchase programs	—		—	7,270		(75,145)		—		—		—		(75,145)
Excise tax on shares repurchased	—		—	—		(618)		—		—		—		(618)
Treasury stock reissued upon settlement of equity awards	—		—	(1,298)		20,239		(20,239)		—		—		—
Net income	—		—	—		—		—		6,410		—		6,410
Balance as of March 31, 2026	176,689		177	20,760		(304,943)		1,065,355		312,274		8,404		1,081,267
Foreign currency translation adjustment	—		—	—		—		—		—		242		242
Shares repurchased for settlement of employee tax withholdings	—		—	392		(4,025)		—		—		—		(4,025)
Stock-based compensation expense	—		—	—		—		26,941		—		—		26,941
Common stock issued under employee purchase plan	—		—	—		—		1,031		—		—		1,031
Common stock issued upon exercise of stock options	—		—	—		—		1,223		—		—		1,223
Common stock issued upon vesting of restricted stock units	392		—	—		—		—		—		—		—
Common stock issued upon vesting of performance stock units	29		—	—		—		—		—		—		—
Shares repurchased under authorized repurchase programs	—		—	2,497		(25,050)		—		—		—		(25,050)
Excise tax on shares repurchased	—		—	—		(97)		—		—		—		(97)
Treasury stock reissued upon settlement of equity awards	—		—	(1,474)		20,870		(20,870)		—		—		—
Net income	—		—	—		—		—		12,918		—		12,918
Balance as of June 30, 2026	177,110		177	22,175		(313,245)		1,073,680		325,192		8,646		1,094,450
Foreign currency translation adjustment	—		—	—		—		—		—		(1,346)		(1,346)
Shares repurchased for settlement of employee tax withholdings	—		—	183		(2,453)		—		—		—		(2,453)
Stock-based compensation expense	—		—	—		—		26,512		—		—		26,512
Common stock issued upon exercise of stock options	—		—	—		—		138		—		—		138
Common stock issued upon vesting of restricted stock units	153		—	—		—		—		—		—		—
Common stock issued upon vesting of performance stock units	30		—	—		—		—		—		—		—
Excise tax on shares repurchased	—		—	—		168		—		—		—		168
Treasury stock reissued upon settlement of equity awards	—		—	(1,254)		17,674		(17,674)		—		—		—
Net income	—		—	—		—		—		15,929		—		15,929
Balance as of September 30, 2026	177,293	$	177	21,104	$	(297,856)	$	1,082,656	$	341,121	$	7,300	$	1,133,398


		Nine Months Ended
		September 30,
(in thousands)		2026			2025
Operating activities:
Net income		$	35,257		$	21,321
Adjustments to reconcile net income to net cash provided by operating activities
Bad debt expense			2,558			1,897
Depreciation and amortization expense			50,333			42,275
Amortization of debt issuance costs			326			326
Non-cash lease expense			6,344			5,903
Deferred taxes			1,120			17,055
Stock-based compensation expense			74,862			78,728
Interest expense, net			392			321
Loss on disposal of fixed assets			—			101
Other			(448)			771
Changes in operating assets and liabilities, net of effects of business combinations
Trade receivables			(10,286)			11,596
Prepaid expenses and other assets			(1,802)			(36,824)
Trade payables			271			1,057
Accrued expenses and other liabilities			(22,544)			(6,070)
Net cash provided by operating activities			136,383			138,457
Investing activities:
Purchase of property, plant and equipment			(31,353)			(27,952)
Acquisition of businesses, net of cash acquired			—			(82,578)
Proceeds from maturity of short-term investments			—			17,753
Other investing activities			—			(1,000)
Net cash used in investing activities			(31,353)			(93,777)
Financing activities:
Proceeds from common stock issued upon exercise of stock options			1,404			630
Proceeds from common stock issued under employee purchase plan			1,031			1,577
Finance lease payments			(5,832)			(2,944)
Shares repurchased under authorized repurchase programs			(100,195)			(132,305)
Payment of excise tax on shares repurchased			(884)			(668)
Shares repurchased for settlement of employee tax withholdings			(7,915)			(7,095)
Net cash used in financing activities			(112,391)			(140,805)
Effect of exchange rate changes on cash and cash equivalents and restricted cash			(849)			4,109
Net decrease in cash, cash equivalents, and restricted cash			(8,210)			(92,016)
Cash, cash equivalents, and restricted cash - Beginning of period			260,034			293,741
Cash, cash equivalents, and restricted cash - End of period		$	251,824		$	201,725

Cash and cash equivalents		$	250,852		$	200,729
Restricted cash - non-current (included in Other non-current assets on the Condensed Consolidated Balance Sheets)			972			996
Total cash and cash equivalents and restricted cash		$	251,824		$	201,725
Supplemental cash flow information:
Cash paid for interest		$	945		$	878
Non-cash investing and financing activities:
Right-of-use assets obtained in exchange for new operating lease liabilities, net of impairments and tenant improvement allowances		$	479		$	5,139
Acquisition of equipment under finance lease		$	21,635		$	13,805
Capital assets financed by accounts payable and accrued expenses		$	24		$	35
Stock-based compensation included in capitalized software development costs		$	4,209		$	3,190
Accrued excise tax on net share repurchases		$	547		$	971


	Three Months Ended September 30,						Change			Change			Nine Months Ended September 30,						Change			Change
	2026			2025			$			%			2026			2025			$			%

	(In Thousands)												(In Thousands)
Revenue by customer type:
Activation	$	117,572		$	106,693		$	10,879		10	%		$	325,802		$	310,814		$	14,988		5	%
Measurement		69,122			63,829			5,293		8				197,685			180,155			17,530		10
Supply-side		18,944			18,099			845		5				56,765			51,734			5,031		10
Total revenue	$	205,638		$	188,621		$	17,017		9	%		$	580,252		$	542,703		$	37,549		7	%


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in thousands)	2026		2025		2026		2025
Product development	$	9,679	$	10,739	$	29,198	$	30,394
Sales, marketing and customer support		7,692		7,932		22,404		24,387
General and administrative		7,717		8,708		23,260		23,947
Total stock-based compensation	$	25,088	$	27,379	$	74,862	$	78,728