DoubleVerify Holdings Inc (DV)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Net income (ttm)	US$ in thousands	56,231	65,936	61,082	66,447	71,466	56,429	53,413	50,864	43,268	53,508	51,101	28,243	29,308	9,130	7,011	23,657	20,453	19,979	21,188
Revenue (ttm)	US$ in thousands	656,849	638,459	612,877	590,731	572,543	533,948	502,228	478,289	452,418	424,315	395,159	361,878	332,741	305,849	283,788	260,284	243,917	222,962	208,291
Net profit margin		8.56%	10.33%	9.97%	11.25%	12.48%	10.57%	10.64%	10.63%	9.56%	12.61%	12.93%	7.80%	8.81%	2.99%	2.47%	9.09%	8.39%	8.96%	10.17%

December 31, 2024 calculation

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

The net profit margin of DoubleVerify Holdings Inc has exhibited fluctuations over the reporting periods. From June 30, 2020, to September 30, 2021, the net profit margin remained relatively stable, fluctuating between 8.96% and 10.17%. However, in the subsequent quarters leading up to June 30, 2022, the net profit margin experienced a significant decrease to 2.47%, indicating a reduction in profitability.

From June 30, 2022, to September 30, 2023, the net profit margin showed a noticeable recovery, increasing to values between 10.57% and 12.93%. This upward trend was sustained through the end of 2023, with the net profit margin peaking at 12.48% on December 31, 2023. However, in the following reporting periods until December 31, 2024, the net profit margin declined to 8.56%, reflecting a decrease in profitability relative to the previous quarters.

Overall, the net profit margin of DoubleVerify Holdings Inc has demonstrated variability over the analyzed periods, with both increases and decreases in profitability. It is essential for stakeholders to continue monitoring the company's financial performance and the factors influencing its net profit margin to assess its long-term sustainability and growth prospects.