For the quarter ending 2026-03-31, DV had -$85,254K decrease in cash & cash equivalents over the period. -$6,372K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 6,410 | 29,329 | 10,202 | 11,119 |
| Loss on disposal of fixed assets | - | 0 | -12 | -89 |
| Bad debt expense | 1,448 | 1,292 | 398 | 1,499 |
| Depreciation and amortization expense | 15,339 | 14,304 | 15,191 | 27,084 |
| Amortization of debt issuance costs | 109 | 108 | 109 | 217 |
| Non-cash lease expense | 2,074 | 2,025 | 1,998 | 3,905 |
| Deferred taxes | 1,501 | -13,228 | 16,757 | 298 |
| Stock-based compensation expense | 24,249 | 25,498 | 27,379 | 51,349 |
| Interest expense, net | -273 | 28 | -66 | -255 |
| Other | 916 | 221 | 1,190 | -419 |
| Trade receivables | 3,698 | 5,143 | 29,355 | -40,951 |
| Prepaid expenses and other assets | 16,311 | -17,527 | 4,062 | 32,762 |
| Trade payables | -2,060 | 1,255 | 419 | 638 |
| Accrued expenses and other liabilities | -26,079 | -434 | 10,877 | -16,947 |
| Net cash provided by operating activities | 4,171 | 72,726 | 51,181 | 87,276 |
| Acquisition of businesses, net of cash acquired | - | 0 | 0 | 82,578 |
| Proceeds from maturity of short-term investments | - | 0 | 5,069 | 12,684 |
| Other investing activities | - | 1,025 | 0 | 1,000 |
| Purchase of property, plant and equipment | 10,543 | 10,577 | 12,139 | 15,813 |
| Net cash used in investing activities | -10,543 | -11,602 | -7,070 | -86,707 |
| Proceeds from common stock issued upon exercise of stock options | 43 | 256 | 260 | 370 |
| Proceeds from common stock issued under employee purchase plan | - | 873 | 0 | 1,577 |
| Finance lease payments | 1,597 | 1,608 | 1,565 | 1,379 |
| Shares repurchased under authorized repurchase programs | 75,145 | 0 | 50,065 | 82,240 |
| Payment of excise tax on shares repurchased | - | 0 | 0 | 668 |
| Shares repurchased for settlement of employee tax withholdings | 1,437 | 2,665 | 3,391 | 3,704 |
| Net cash (used in) provided by financing activities | -78,136 | -3,144 | -54,761 | -86,044 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | -746 | 329 | -438 | 4,547 |
| Net decrease in cash, cash equivalents, and restricted cash | -85,254 | 58,309 | -11,088 | -80,928 |
| Cash, cash equivalents, and restricted cash - beginning of period | 260,034 | 201,725 | 293,741 | - |
| Cash, cash equivalents, and restricted cash - end of period | 174,780 | 260,034 | 201,725 | - |
DoubleVerify Holdings, Inc. (DV)
DoubleVerify Holdings, Inc. (DV)