DoubleVerify (DV) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2026 rose 3% year-over-year to $193.8 million, with net income up 47% to $12.9 million and Adjusted EBITDA margin at 34% for the quarter.

• The company entered into a definitive merger agreement to be acquired, with all financial outlook and guidance withdrawn and investor calls suspended during the transaction period.

Financial highlights

• Six-month revenue increased 6% year-over-year to $374.6 million; net income for the period was $19.3 million, up from $11.1 million.

• Gross revenue retention rate exceeded 95% for Q2 2026.

• Adjusted EBITDA for the quarter was $65.3 million (34% margin); for six months, $120.5 million (32% margin).

• Cash and cash equivalents stood at $210.2 million as of June 30, 2026, with no debt outstanding.

• Free cash flow for the quarter was $65.7 million, with a 101% free cash flow conversion rate.

Outlook and guidance

• The merger is expected to close by Q1 2027, subject to regulatory and shareholder approvals.

• All financial guidance withdrawn and investor communications suspended during the transaction period.

• The company expects to continue investing in product innovation and operational efficiency.