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MARKETS / NASDAQ / DRCT
NASDAQ · SERVICES-ADVERTISING

Direct Digital Holdings, Inc. DRCT

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$34.7M
▼ 44.3% YoY
$-18.9M
In brief

What this company does

We are an end-to-end, full-service advertising and marketing platform primarily focused on providing advertising technology, data-driven campaign optimization and other solutions to help brands, agencies and middle market businesses deliver successful marketing results that drive return on investment ("ROI") across both the sell- and buy-side of the digital advertising ecosystem. Our sell-side advertising business, operated through Colossus Media, provides advertisers of all sizes a programmatic advertising platform that automates the sale of ad inventory between advertisers and marketers leveraging proprietary technology. Direct Digital Holdings, Inc., incorporated as a Delaware corporation on August 23, 2021 and headquartered in Houston, Texas, is the holding company for DDH LLC, the business formed by our founders in 2018 through acquisitions of Colossus Media and Huddled Masses. As of December 31, 2025, we had 73 employees, the majority of whom are full-time employees.

Written from the business description in Direct Digital Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth
USD 34.7M
Revenue, FY2025 · full 5-year series below
Revenue $M Net income $M
FY2025 · Revenue 34.7 · Net income -18.9
80M-8M-16M20212022202320242025
Compound annual growth
−27.0%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−80 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -42.5% · Net -79.9%
5%10%-20%-40%-60%20212022202320242025
ROE
FY2023 · ROE -96.2%
10%20%-50%20212022202320242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks

Total assetsUSD 20.2M
CashUSD 728,000.00
Gross debtUSD 12.1M
Net debtUSD 11.4M
Current ratio0.18×

Not available: we don't have the shareholders' equity figure for this period.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021
Revenue $B0.00.10.20.10.0
Operating income $B−0.0−0.0−0.00.00.0
EBITDA $B−0.0−0.0−0.00.00.0
Income tax $B0.00.00.00.00.0
Net income $B−0.0−0.0−0.00.0−0.0
EPS, diluted $−75.79−91.26−0.730.11−44.09
Dividend / sh $·····
Payout %·····
ROE %··−96.221.5·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 25 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 70 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Advertising
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2021

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