DoubleVerify Q3 revenue up 11% to $188.6M, net income falls; raises FY adj EBITDA margin guidance to 33%

DoubleVerify Holdings, Inc.

2025-Q3 EPS reported $0.13 revenue$542,703,000

Revenue of $188.6M (+11% YoY); activation $106.7M (+10%), measurement $63.8M (+9%), supply-side $18.1M (+27%).
Net income $10.2M vs $18.2M last year; adjusted EBITDA $65.9M (35% margin), above guidance.
Full-year 2025 revenue growth ~14%, adj EBITDA margin guided to ~33% (raised from 32%).
Q4 2025 revenue expected $207-211M (midpoint +10% YoY); adj EBITDA $77-81M (~38% margin).
Repurchased 3.3M shares for $50.1M in Q3; $90M remaining under buyback authorization.

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