DoubleVerify Holdings Inc (DV)

Operating 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
Operating income (ttm)	US$ in thousands	82,488	81,335	73,847	77,443	85,683	76,684	72,845	71,369	59,024	46,446	43,857	20,765	26,684	14,402	8,362	25,504	21,355	31,272	36,996
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
Operating profit margin		12.56%	12.74%	12.05%	13.11%	14.97%	14.36%	14.50%	14.92%	13.05%	10.95%	11.10%	5.74%	8.02%	4.71%	2.95%	9.80%	8.76%	14.03%	17.76%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $82,488K ÷ $656,849K
= 12.56%

The operating profit margin of DoubleVerify Holdings Inc has shown fluctuations over the given time period. It increased from 17.76% on June 30, 2020, to 14.03% on September 30, 2020, then decreased to 8.76% on December 31, 2020. There was a slight recovery to 9.80% on March 31, 2021, but then it dropped significantly to 2.95% by June 30, 2021.

After that, the operating profit margin gradually improved, reaching 14.97% by December 31, 2023, showing a steady increase over the next few quarters. However, by March 31, 2024, there was a slight decrease to 13.11%. The margin remained fairly stable around 12-14% for the rest of 2024, ending at 12.56% on December 31, 2024.

Overall, DoubleVerify Holdings Inc experienced fluctuations in its operating profit margin over the analyzed period, with both decreases and increases observed. It is essential for the company to monitor and manage its operating expenses and revenues effectively to sustain and improve its profitability in the future.