DoubleVerify Authorizes $300M Buyback After 14% Full-Year Revenue Gain
DoubleVerify's 2025 revenue rose 14% year-over-year to $748.3 million with net income of $50.7 million and adjusted EBITDA margin of 33%. The company authorized a record $300 million share repurchase and reported Q4 revenue of $205.6 million (7.9% growth) with Q1 revenue guidance at $180 million.
1. Q4 CY2025 Financial Highlights
DoubleVerify delivered Q4 revenue of $205.6 million, up 7.9% year-on-year, missing consensus by 1.5%. GAAP EPS was $0.18 (10.3% above estimates) and adjusted EBITDA was $77.8 million (37.8% margin), slightly below forecasts.
2. Full Year 2025 Results
For the full year, revenue reached $748.3 million, a 14% increase over 2024, with net income of $50.7 million and adjusted EBITDA of $245.6 million representing a 33% margin.
3. Record Share Repurchase Authorization
The board approved a $300 million share repurchase program, the largest in company history, aimed at returning capital and offsetting dilution.
4. Q1 2026 Guidance and Outlook
Management projects Q1 revenue of approximately $180 million and EBITDA of $50 million at midpoints, in line with estimates, while operating margin trends may be pressured by ongoing investments.