DoubleVerify Holdings Inc (DV)

Net profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 56,231 71,466 43,268 29,308 20,453
Revenue US$ in thousands 656,849 572,543 452,418 332,741 243,917
Net profit margin 8.56% 12.48% 9.56% 8.81% 8.39%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $56,231K ÷ $656,849K
= 8.56%

DoubleVerify Holdings Inc's net profit margin has shown a fluctuating trend over the years based on the provided data. The margin increased from 8.39% in December 31, 2020, to 9.56% in December 31, 2022, before experiencing a significant rise to 12.48% by December 31, 2023. However, in the following year, the net profit margin dropped to 8.56% by December 31, 2024. Despite the fluctuations, DoubleVerify managed to maintain a positive net profit margin throughout the period, indicating its ability to generate profits relative to its revenue.