---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-116798"
form_type: "8-K"
ticker: "DRCT"
cik: "0001880613"
company_name: "Direct Digital Holdings, Inc."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-22T00:07:46.018560+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Direct Digital Holdings Q3 revenue up 211% to $26.0M; raises FY2022 guidance to $85M-$90M

## Summary
- Revenue $26.0M (up 211% YoY); net income $0.8M ($0.06 per share) vs loss $0.2M in Q3 2021.
- Sell-side segment (Colossus SSP) revenue $18.9M, up 710% YoY; buy-side segment $7.1M, up 18%.
- Adjusted EBITDA $2.4M, up 128%; operating income $1.8M, up 225%.
- Raised FY2022 revenue guidance to $85M-$90M from prior $70M-$75M (approx 20% increase).
- Processed ~125B monthly impressions, up 56% YoY; over 1.3T bid requests in the quarter.

## SEC filing metadata
- accession: 0001104659-22-116798
- form_type: 8-K
- ticker: DRCT
- cik: 0001880613
- company_name: Direct Digital Holdings, Inc.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1880613/000110465922116798/0001104659-22-116798-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1880613/000110465922116798/tm2230192d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-116798
- JSON: https://secwatch.observer/filing/0001104659-22-116798.json
- Plain text: https://secwatch.observer/filing/0001104659-22-116798.txt

## Key facts
- Earnings Releases
  Direct Digital Holdings, Inc. reported third quarter ended September 30, 2022 results: revenue $26.0 million, net income $0.8 million, EPS $0.06 per share. Guidance raised.
  - Period: third quarter ended September 30, 2022
  - Revenue: $26.0 million
  - Net income: $0.8 million
  - EPS: $0.06 per share
  - Guidance: raised
  - Result: reported results
  source text: Direct Digital Holdings Reports Third Quarter 2022 Financial Results Third Quarter 2022 Revenue Up 211% Year-Over-Year to $26.0 Million Third Quarter Net Income Up Year-Over-Year to $0.8 Million, or $0.06 per Share Company Raises Revenue Guidance to $85 Million-$90 Million for Full-Year 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1880613/000110465922116798/0001104659-22-116798-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
