DoubleVerify Holdings, Inc.
For the period ended Jun 30, 2025. Filed Aug 5, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 5, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
Quarterly Report on Form 10-Q
For the Quarter Ended June 30, 2025
TABLE OF CONTENTS
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| Part IFINANCIAL INFORMATION (Unaudited) | | ||||
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| Item 1. | | Condensed Consolidated Financial Statements | | 4 | |
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| | | Condensed Consolidated Balance Sheets as of June 30, 2025 and December 31, 2024 | | 4 | |
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| | | Condensed Consolidated Statements of Operations and Comprehensive Income for the three and six months ended June 30, 2025 and 2024 | | 5 | |
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| | | Condensed Consolidated Statements of Stockholders’ Equity for the three and six months ended June 30, 2025 and 2024 | | 6 | |
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| | | Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2025 and 2024 | | 7 | |
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| | | Notes to Condensed Consolidated Financial Statements | | 8 | |
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| Item 2. | | Management’s Discussion and Analysis of Financial Condition and Results of Operations | | 22 | |
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| Item 3. | | Quantitative and Qualitative Disclosures about Market Risk | | 31 | |
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| Item 4. | | Controls and Procedures | | 31 | |
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| Part IIOTHER INFORMATION | | ||||
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| Item 1. | | Legal Proceedings | | 32 | |
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| Item 1A. | | Risk Factors | | 32 | |
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| Item 2. | | Unregistered Sales of Equity Securities and Use of Proceeds | | 32 | |
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| Item 3. | | Defaults Upon Senior Securities | | 32 | |
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| Item 4. | | Mine Safety Disclosures | | 32 | |
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| Item 5. | | Other Information | | 33 | |
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| Item 6. | | Exhibits | | 34 | |
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| Signatures | | | | 35 | |
Special Note Regarding Forward-Looking Statements
This Quarterly Report on Form 10-Q (“Quarterly Report”) includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements other than statements of historical facts included in this Quarterly Report, including, without limitation, statements regarding our future financial position, business strategy, budgets, projected costs, savings and plans and objectives of management for future operations, are forward-looking statements. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “estimate,” “plan,” “anticipate,” “believe” or “continue” or the negative thereof or variations thereon or similar terminology. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct.
You should read the “Special Note Regarding Forward-Looking Statements” and “Risk Factors” sections of our Annual Report on Form 10-K for the year ended December 31, 2024 and filed with the Securities and Exchange Commission (“SEC”), on February 27, 2025, for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in this report. There may be other factors not presently known to us or which we currently consider to be immaterial that may cause our actual results to differ materially from the forward-looking statements.
All forward-looking statements attributable to us or persons acting on our behalf apply only as of the date of this Quarterly Report and are expressly qualified in their entirety by the cautionary statements included in this Quarterly Report and in the Annual Report on Form 10-K for the year ended December 31, 2024. We undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
“DoubleVerify,” “the DV Authentic Ad,” “Authentic Brand Suitability,” “DV Pinnacle” and other trademarks of ours appearing in this report are our property and we deem them particularly important to the marketing activities conducted by each of our businesses. Solely for convenience, the trademarks, service marks and trade names referred to in this report are without the ® and ™ symbols, but such references are not intended to indicate, in any way, that we will not assert, to the fullest extent under applicable law, our rights to these trademarks, service marks and trade names. This report contains additional trade names and trademarks of other companies. We do not intend our use or display of other companies’ trade names or trademarks to imply an endorsement or sponsorship of us by such companies, or any relationship with any of these companies.
Unless the context otherwise requires, the terms “DoubleVerify,” ‘‘we,’’ ‘‘us,’’ ‘‘our,’’ and the ‘‘Company,’’ as used in this report refer to DoubleVerify Holdings, Inc. and its consolidated subsidiaries.
PART I. FINANCIAL INFORMATION
Item 1. Financial Statements
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