Direct Digital Holdings, Inc. (DRCT) Financial Statements
Industry: Advertising (Services)
In fiscal 2025, Direct Digital reported revenue of $34.7M, down 44.3% from $62.3M the year before. Net income was -$18.9M (a -54.6% net margin), or -$303.16 per diluted share. Gross margin was 30.0% and operating margin was -42.5%. Operating activities generated -$8.9M of cash. At fiscal year end, Direct Digital held $20.2M in total assets against $27.2M in total liabilities, including $728,000 of cash and equivalents.
Open the full interactive Direct Digital financials → Quarterly statements, key ratios, valuation history and price charts.
Direct Digital Key Stats
| Share Price | $0.30 |
|---|---|
| Market Cap | $212,700 |
| Revenue YoY Growth | -44.3% |
| 52-Week Range | $0.30 – $83.82 |
| Shares Outstanding | 709,000 (basic, 2026 Q2) |
Direct Digital Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $89.4M | $157.1M | $62.3M | $34.7M |
| Gross Profit | $29.3M | $37.6M | $17.4M | $10.4M |
| Operating Income | $8.0M | -$2.2M | -$13.2M | -$14.8M |
| Pre-Tax Income | $4.5M | -$6.3M | -$13.8M | -$27.7M |
| Income Tax | $246,268 | $568,000 | $6.1M | $0 |
| Net Income | $4.2M | -$2.2M | -$6.2M | -$18.9M |
| Diluted EPS | $72.60 | -$160.60 | -$365.20 | -$303.16 |
Direct Digital Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $8.0M | $8.4M | $6.7M | $7.8M |
| Net Income | -$2.7M | -$11.7M | -$5.2M | -$3.4M |
| Diluted EPS | -$52.80 | -$37.86 | -$10.32 | -$5.78 |
Direct Digital Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash & Equivalents | $4.0M | $5.1M | $1.4M | $728,000 |
| Current Assets | $31.3M | $43.1M | $8.5M | $4.7M |
| Total Assets | $58.1M | $70.7M | $26.0M | $20.2M |
| Current Liabilities | $25.6M | $39.8M | $13.3M | $26.4M |
| Total Long-Term Debt | $23.1M | $30.1M | $35.3M | $12.1M |
| Total Liabilities | $53.5M | $74.4M | $45.7M | $27.2M |
| Shareholders' Equity | $4.6M | -$3.7M | -$19.7M | -$7.0M |
Direct Digital Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | $2.1M | $2.6M | -$8.6M | -$8.9M |
| Cash From Investing | -$687,957 | -$178,000 | -$17,000 | -$87,000 |
| Cash From Financing | -$2.1M | -$1.3M | $5.0M | $8.3M |
Figures from Direct Digital's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Direct Digital financials page for every line item.
Direct Digital Company Profile
| Ticker | DRCT |
|---|---|
| Exchange | Nasdaq |
| Industry | Advertising (Services) |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001880613 |
Frequently Asked Questions
What was Direct Digital's revenue in fiscal 2025?
Direct Digital (DRCT) reported revenue of $34.7M for fiscal 2025.
What is Direct Digital's annual revenue history?
Direct Digital's annual revenue by fiscal year: 2022: $89.4M; 2023: $157.1M; 2024: $62.3M; 2025: $34.7M.
What was Direct Digital's net income in fiscal 2025?
Direct Digital reported net income of -$18.9M for fiscal 2025.
What was Direct Digital's earnings per share (EPS) in fiscal 2025?
Direct Digital's diluted EPS was -$303.16 for fiscal 2025 (adjusted for any later stock splits).
What was Direct Digital's revenue last quarter?
In its most recent reported quarter (2026 Q2), Direct Digital reported revenue of $7.8M.
How much debt does Direct Digital have?
Direct Digital reported $12.1M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Direct Digital are outstanding?
Direct Digital reported a weighted average of 709,000 basic shares outstanding in 2026 Q2.
What is Direct Digital's market cap?
Based on its latest closing price, Direct Digital (DRCT) has a market capitalization of about $212,700.
When does Direct Digital's fiscal year end?
Direct Digital's fiscal year end, as registered with the SEC, is December 31.
Where is Direct Digital headquartered?
Direct Digital lists its business address in Houston, Texas in its SEC filings.