---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-012566"
form_type: "8-K"
ticker: "DV"
cik: "0001819928"
company_name: "DoubleVerify Holdings, Inc."
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T22:14:50.021746+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DV Q2 revenue up 22% to $133.7M, net income $12.8M; acquires Scibids for $125M

## Summary
- Revenue $133.7M (+22% YoY); Net income $12.8M vs $10.3M; Adj EBITDA $40M (30% margin).
- Activation revenue $77.9M (+29%); Measurement $45M (+16%); Supply-side $10.8M (+4%).
- Agreed to acquire Scibids for $125M (cash+stock) with potential earnout; expected close Q3 2023.
- FY 2023 guidance: Revenue $557-569M (+24% midpt); Adj EBITDA $171-179M (31% margin midpt).
- Q3 2023 guidance: Revenue $135-141M (+23% midpt); Adj EBITDA $39-41M (29% margin midpt).

## SEC filing metadata
- accession: 0001558370-23-012566
- form_type: 8-K
- ticker: DV
- cik: 0001819928
- company_name: DoubleVerify Holdings, Inc.
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819928/000155837023012566/0001558370-23-012566-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819928/000155837023012566/dv-20230731x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-012566
- JSON: https://secwatch.observer/filing/0001558370-23-012566.json
- Plain text: https://secwatch.observer/filing/0001558370-23-012566.txt

## Key facts
- Earnings Releases
  DoubleVerify Holdings, Inc. reported third quarter 2023 results: revenue $135 to $141 million. Guidance initiated.
  - Period: third quarter 2023
  - Revenue: $135 to $141 million
  - Guidance: initiated
  - Result: guidance update
  source text: Third Quarter 2023: ● Revenue of $135 to $141 million, a year-over-year increase of 23% at the midpoint. ● Adjusted EBITDA in the range of $39 to $41 million, representing a 29% margin at the midpoint.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819928/000155837023012566/0001558370-23-012566-index.htm
- Earnings Releases
  DoubleVerify Holdings, Inc. reported second quarter ended June 30, 2023 results: revenue $133.7 million, net income $12.8 million.
  - Period: second quarter ended June 30, 2023
  - Revenue: $133.7 million
  - Net income: $12.8 million
  - Result: reported results
  source text: DoubleVerify Reports Second Quarter 2023 Financial Results Increased Revenue by 22% Year-over-Year to $133.7 Million Driven by Global Growth in Social, CTV Measurement and Programmatic Activation Achieved Net Income of $12.8 Million and Adjusted EBITDA of $40.0 Million, representing a 30% Adjusted EBITDA margin
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819928/000155837023012566/0001558370-23-012566-index.htm
- Earnings Releases
  DoubleVerify Holdings, Inc. reported full year 2023 results: revenue $557 to $569 million. Guidance reaffirmed.
  - Period: full year 2023
  - Revenue: $557 to $569 million
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Full Year 2023: ● Revenue of $557 to $569 million, a year-over-year increase of 24% at the midpoint. ● Adjusted EBITDA in the range of $171 to $179 million, representing a 31% margin at the midpoint.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819928/000155837023012566/0001558370-23-012566-index.htm

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