Direct Digital Holdings, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 09/30/23 | FY 06/30/23 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $34.7M | $62.3M | $157.1M | — | — |
| Cost of revenue | $24.3M | $44.9M | $119.5M | — | — |
| Gross profit | $10.4M | $17.4M | $37.6M | — | — |
| Operating expenses | $25.2M | $30.6M | $39.8M | — | — |
| Operating income | -$14.8M | -$13.2M | -$2.2M | — | — |
| Interest expense | $5.2M | $5.4M | $4.4M | — | — |
| Pretax income | -$27.7M | -$13.8M | -$6.3M | — | — |
| Income tax expense | $0 | $6.1M | $568,000 | — | — |
| Net income | -$18.9M | -$6.2M | -$2.2M | — | — |
| Balance Sheet | |||||
| Cash and equivalents | $728,000 | $1.4M | $5.1M | $5.5M | $5.7M |
| Current assets | $4.7M | $8.5M | $43.1M | $61.5M | $36.3M |
| Total assets | $20.2M | $26.0M | $68.9M | $86.7M | $62.2M |
| Current liabilities | $26.4M | $13.3M | $39.8M | $55.5M | $29.5M |
| Total liabilities | $27.2M | $45.7M | $74.4M | $82.9M | $57.1M |
| Total debt | $12.5M | $41.2M | $31.7M | — | — |
| Stockholders' equity | -$7.0M | -$19.7M | -$5.4M | $3.9M | $5.0M |
| Cash Flow Statement | |||||
| Cash from operations | -$8.9M | -$8.6M | $2.6M | — | — |
| Depreciation and amortization | $262,000 | $275,000 | $253,000 | — | — |
| Stock-based compensation | $1.5M | $1.6M | $706,000 | — | — |
| Impairments | $0 | $0 | $0 | — | — |
Shares outstanding 743.4K · Free float 59.0%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.