DoubleVerify Holdings (DoubleVerify Holdings) Gross Margin %

: 82.57% (As of Dec. 2023)

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Gross Margin % is calculated as gross profit divided by its revenue. DoubleVerify Holdings's Gross Profit for the three months ended in Dec. 2023 was $142.2 Mil. DoubleVerify Holdings's Revenue for the three months ended in Dec. 2023 was $172.2 Mil. Therefore, DoubleVerify Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 82.57%.

The historical rank and industry rank for DoubleVerify Holdings's Gross Margin % or its related term are showing as below:

DV' s Gross Margin % Range Over the Past 10 Years
Min: 81.38 Med: 83.23 Max: 86.4
Current: 81.38

During the past 6 years, the highest Gross Margin % of DoubleVerify Holdings was 86.40%. The lowest was 81.38%. And the median was 83.23%.

DV's Gross Margin % is ranked better than
88.24% of 2628 companies
in the Software industry
Industry Median: 41.685 vs DV: 81.38

DoubleVerify Holdings had a gross margin of 82.57% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for DoubleVerify Holdings was -0.60% per year.

DoubleVerify Holdings Gross Margin % Historical Data

The historical data trend for DoubleVerify Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DoubleVerify Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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86.40

85.34

83.66

82.79

81.38

DoubleVerify Holdings Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial													82.92	80.46	80.42	81.62	82.57

Competitive Comparison

For the Software - Application subindustry, DoubleVerify Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

DoubleVerify Holdings Gross Margin % Distribution

For the Software industry and Technology sector, DoubleVerify Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where DoubleVerify Holdings's Gross Margin % falls into.

DoubleVerify Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

DoubleVerify Holdings's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	465.9	/	572.543
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(572.543 - 106.631)	/	572.543
	=	81.38 %

DoubleVerify Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	142.2	/	172.231
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(172.231 - 30.022)	/	172.231
	=	82.57 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

DoubleVerify Holdings (NYSE:DV) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

DoubleVerify Holdings had a gross margin of 82.57% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

DoubleVerify Holdings Gross Margin % Related Terms

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DoubleVerify Holdings (DoubleVerify Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DoubleVerify Holdings Inc (NYSE:DV) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

462 Broadway, New York, NY, USA, 10013

Website

https://www.doubleverify.com

DoubleVerify Holdings Inc is a digital media measurement and analytics software platform. The Authentic Ad ensures that a digital ad was delivered in a brand-safe setting, completely viewable, by a real individual, and in the expected geography, is one of its solutions. It generates revenues from its advertisement customers by charging a Measured Transaction Fee on the volume of Media Transactions Measured on the software platform.

Executives

Julie Eddleman	officer: Global Chief Comm. Officer	C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Nicola T Allais	officer: Chief Financial Officer	C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Laura Desmond	director	345 PARK AVENUE, SAN JOSE CA 95110
Mark Zagorski	director, officer: Chief Executive Officer	C/O TREMOR VIDEO, INC., 1501 BROADWAY, SUITE 801, NEW YORK NY 10036
Providence Vii U.s. Holdings L.p.	10 percent owner	C/O PROVIDENCE EQUITY PARTNERS, L.L.C., 50 KENNEDY PLAZA, 18TH FL, PROVIDENCE RI 02903
Robert Davis Noell	director, 10 percent owner	C/O STREAM GLOBAL SERVICES, INC., 20 WILLIAM STREET, SUITE 310, WELLESLEY MA 02481
Andrew E Grimmig	officer: Chief Legal Officer	C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Sundeep Jain	director	C/O DOUBLEVERIFY HOLDINGS, INC., 160 VARICK STREET, SUITE 03-120, NEW YORK NY 10013
Matthew F. Mclaughlin	officer: Chief Operating Officer	C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
David James Blumberg	10 percent owner	432 BRYANT ST., SAN FRANCISCO CA 94107
Blumberg Capital Management Ii, L.l.c.	10 percent owner	432 BRYANT ST, SAN FRANCISCO CA 94107
Rosario C Perez	director	C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Scott Wagner	director	C/O WILSON SONSINI GOODRICH AND ROSATI, 650 PAGE MILL ROAD, PALO ALTO CA 94304
Karim A Tabet	10 percent owner	C/O PROVIDENCE EQUITY PARTNERS, L.L.C., 50 KENNEDY PLAZA, 18TH FL, PROVIDENCE RI 02903
Andrew A Tisdale	10 percent owner	C/O PROVIDENCE EQUITY PARTNERS, L.L.C., 50 KENNEDY PLAZA, 18TH FL, PROVIDENCE RI 02903