DoubleVerify Holdings Inc

For the period ended Dec 31, 2023. Filed Feb 28, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 28, 2024

DV$13.57+0.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive Income

· · · · · · · · ·
· · Year Ended December 31,
(in thousands, except per share data) · 2023 · 2022 · 2021
Revenue	$572,543	$452,418	$332,741
Cost of revenue (exclusive of depreciation and amortization shown separately below)	106,631	77,866	54,382
Product development	125,376	95,118	62,698
Sales, marketing and customer support	125,953	107,416	77,312
General and administrative	87,971	78,666	81,380
Depreciation and amortization	40,885	34,328	30,285
Income from operations	85,727	59,024	26,684
Interest expense	1,066	905	1,172
Other income, net	(11,216)	(1,249)	(309)
Income before income taxes	95,877	59,368	25,821
Income tax expense (benefit)	24,411	16,100	(3,487)
Net income	$71,466	$43,268	$29,308
Earnings per share:
Basic	$0.43	$0.26	$0.20
Diluted	$0.41	$0.25	$0.18
Weighted‑average common stock outstanding:
Basic	167,803	163,882	148,309
Diluted	173,435	170,755	160,264
Comprehensive income:
Net income	$71,466	$43,268	$29,308
Other comprehensive income (loss):
Foreign currency cumulative translation adjustment	3,523	(5,555)	(1,782)
Total comprehensive income	$74,989	$37,713	$27,526

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.