DoubleVerify Q1 revenue rises 17% to $165.1 million; net income falls to $2.4 million
DoubleVerify reported first-quarter 2025 revenue of $165.1 million, up 17% from a year earlier, with activation revenue up 20% and supply-side revenue up 35%. Net income fell to $2.4 million from $7.2 million, and adjusted EBITDA rose to $44.7 million from $38.1 million, so revenue growth and GAAP profit moved in opposite directions. The company also guided second-quarter revenue to $169 million to $173 million and full-year 2025 revenue growth to approximately 10%.
Key points
- Q1 2025 revenue was $165.1 million, up 17%; net income was $2.4 million versus $7.2 million a year earlier, and diluted EPS was $0.01 versus $0.04.
- Adjusted EBITDA was $44.7 million, a 27% margin, compared with $38.1 million and 27% a year earlier.
- Second-quarter 2025 guidance: revenue of $169 million to $173 million and adjusted EBITDA of $48 million to $52 million.
- Acquired Rockerbox, Inc. on March 13, 2025, for $82.6 million, net of cash acquired; $140.0 million remained under the $200.0 million New Repurchase Program as of March 31, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.