DoubleVerify (DV) Investor presentation summary

Business overview and market positioning

• Operates a leading software platform for digital media measurement and optimization, serving over 2,500 advertisers in 100+ countries and evaluating 300B+ signals daily.

• Provides verification, optimization, and outcome measurement across social, programmatic, CTV, and retail media environments.

• Maintains a diversified client base with no single vertical contributing more than 27% of revenue.

• Holds a strong competitive advantage with proprietary data, AI-driven solutions, and a fixed-fee model that insulates revenue from CPM volatility.

• Recognized for independent, differentiated, and scaled data, trusted by top global brands.

Growth strategy and execution

• Pursues an "Attach, Stack, Scale" strategy: increasing product adoption, upselling, and leveraging AI for operational efficiency.

• Most clients are early in their product adoption journey, with significant revenue potential as they deepen engagement.

• AI initiatives are driving automation, lower costs, and faster operations, supporting long-term operating leverage.

• Revenue growth drivers include new product introductions, channel expansion, client growth, international expansion, and strategic M&A.

• Focused on expanding in social, CTV, retail media, and mid-market segments.

Financial performance and outlook

• Q1 2026 revenue reached $181M, up 10% year-over-year, with adjusted EBITDA margin at 31%.

• FY 2025 revenue was $748M (+14% YoY), with $246M adjusted EBITDA and 33% margin.

• Maintains a strong balance sheet with $260M cash and no long-term debt as of year-end 2025.

• Q2 2026 revenue guidance is $199M–$205M (7% YoY growth at midpoint); FY 2026 revenue guidance is $810M–$826M (8–10% YoY growth).

• Free cash flow conversion was 70% in FY 2025.