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DVDoubleVerify Holdings, Inc.
$10.92$1.7B
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DoubleVerify Holdings, Inc. (DV) Balance Sheet

8Y historyFree accessUpdated daily

The company maintains a conservative financial profile with a debt-to-equity ratio of 0.09, though goodwill now accounts for $512.5 million of the total asset base.

DV Balance Sheet

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly
MetricTTMDec'25Dec'24Dec'23Dec'22Dec'21Dec'20Dec'19Dec'18
Total Current Assets451.41M519.33M559.05M533M445.1M367.82M141.94M85.23M71.39M
Cash & Short-Term Investments173.8M259.04M310.63M310.13M267.81M221.59M33.35M10.92M30.04M
Cash Only173.8M259.04M292.82M310.13M267.81M221.59M33.35M10.92M30.04M
Short-Term Investments0017.8M000000
Accounts Receivable222.56M221.16M226.22M206.94M167.12M122.94M94.68M68.68M38.06M
Days Sales Outstanding101.53107.88125.71131.93134.83134.86141.68137.24133.18
Inventory000000000
Days Inventory Outstanding---------
Other Current Assets55.05M39.13M22.2M126K10.16M000591K
Total Non-Current Assets823M834.75M717.16M710.03M591.93M524.37M369.4M381.04M330.09M
Property, Plant & Equipment171.08M170.19M137.92M118.49M111.73M17.57M9.72M10.29M10.54M
Fixed Asset Turnover4.58x4.40x4.76x4.83x4.05x18.93x25.08x17.74x9.90x
Goodwill512.5M516M427.62M436.01M343.01M350.56M227.35M227.35M174.2M
Intangible Assets94.52M101.62M110.36M140.88M135.43M153.4M130.09M142.76M145.14M
Long-Term Investments996K996K0000000
Other Non-Current Assets15.94M15.03M5.78M1.57M1.73M2.78M2.15M533K101K
Total Assets1.27B1.35B1.28B1.24B1.04B892.19M511.33M466.27M401.48M
Asset Turnover0.59x0.55x0.51x0.46x0.44x0.37x0.48x0.39x0.26x
Asset Growth %8.79%6.1%2.67%19.86%16.23%74.48%9.66%16.14%-
Total Current Liabilities94.62M121.56M103.48M83.86M68.91M57.03M34.02M32.01M15.26M
Accounts Payable014.66M11.6M12.93M6.67M3.85M3.5M1.14M1.18M
Days Payables Outstanding27.6640.0936.3344.2731.2925.8635.6816.7923.31
Short-Term Debt14.88M16.04M13.56M0000471K280K
Deferred Revenue (Current)000000000
Other Current Liabilities79.74M87.03M23.84M16.17M28.17M23.53M15.02M14.73M5.16M
Current Ratio4.77x4.27x5.40x6.36x6.46x6.45x4.17x2.66x4.68x
Quick Ratio4.77x4.27x5.40x6.36x6.46x6.45x4.17x2.66x4.68x
Cash Conversion Cycle73.88--------
Total Non-Current Liabilities98.52M101.19M89.27M85.24M91.26M36.09M60.62M116.24M93.3M
Long-Term Debt80.66M0000022M72.73M53.37M
Capital Lease Obligations254.9M83.51M78.11M74.43M74.86M2.58M3.45M3.52M3.37M
Deferred Tax Liabilities39.22M11.47M8.51M8.12M12.89M30.31M31.42M36.57M32.2M
Other Non-Current Liabilities7M6.21M2.65M2.69M3.5M3.21M3.75M3.43M4.36M
Total Liabilities193.14M222.75M192.75M169.09M160.17M93.13M94.64M148.25M108.56M
Total Debt95.54M99.55M91.67M86.39M83.75M4.55M26.96M78.08M58.65M
Net Debt-78.26M-159.49M-201.15M-223.74M-184.06M-217.04M-6.39M67.16M28.61M
Debt / Equity0.09x0.09x0.08x0.08x0.10x0.01x0.06x0.25x0.20x
Debt / EBITDA0.65x0.73x0.72x0.68x0.90x0.08x0.59x1.28x2.48x
Net Debt / EBITDA-0.53x-1.17x-1.58x-1.77x-1.97x-3.81x-0.14x1.10x1.21x
Interest Coverage43.16x48.73x80.42x90.94x66.60x23.03x4.51x7.80x1.65x
Total Equity1.08B1.13B1.08B1.07B876.86M799.07M416.69M318.02M292.92M
Equity Growth %2.97%4.42%0.89%22.48%9.74%91.76%31.03%8.57%-
Book Value per Share6.596.796.196.195.144.922.662.031.89
Total Shareholders' Equity1.08B1.13B1.08B1.07B876.86M799.07M416.69M318.02M292.92M
Common Stock177K177K174K171K165K162K140K140K419K
Retained Earnings312.27M305.86M255.21M198.98M127.52M84.25M54.94M34.49M11.18M
Treasury Stock0-247.98M-131.62M-743K-796K-1.8M-260.69M00
Accumulated OCI8.4M13.34M-14.69M-2.8M-6.33M-771K1.01M-67K3K
Minority Interest000000000

Key Metrics

Growth RegimeDecelerating
ProfitabilityStrained
Balance SheetHealthy
Cash FlowMixed
Top Statement Risk

Goodwill impairment and liquidity

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Balance Sheet Stability Amid Growth

As reported in recent financial statements, DoubleVerify's total assets have remained relatively stable at $1.3 billion in 2026Q1, though the composition of this base has shifted toward higher intangible valuations, suggesting a transition from organic growth to an acquisition-heavy strategy that warrants careful monitoring by investors.

The company maintains a consistent equity base of approximately $1.1 billion, which provides a solid foundation despite the recent deceleration in top-line growth. However, the shift in asset composition suggests that future value creation is increasingly tied to the successful integration of acquired technologies rather than pure organic scale.

Intangible Concentration Risks Asset Quality

Based on the company's reported figures, goodwill has climbed to $512.5 million as of 2026Q1, representing a significant portion of the $1.3 billion total asset base and indicating that the firm's valuation is increasingly sensitive to the long-term performance of its recent strategic acquisitions.

The reliance on goodwill as a primary asset component implies that any failure to realize expected synergies from acquisitions could lead to material impairment charges. Investors should note that while PPE has grown to $171.1 million, the bulk of the balance sheet remains tied to intangible value, which is inherently less liquid.

Liquidity Buffer Remains Sufficiently Robust

According to recent SEC filings, DoubleVerify maintains a current ratio of 4.77 in 2026Q1, which, while down from the 7.30 peak observed in 2024Q1, continues to provide a substantial liquidity buffer against short-term operational volatility and potential shifts in the digital advertising market environment.

The company's cash position of $173.8 million remains adequate to cover current liabilities, though the downward trend in the current ratio suggests that working capital requirements are becoming more demanding. This liquidity profile appears sufficient to support ongoing operations, provided that the company manages its cash outflows more effectively than in recent quarters.

Conservative Leverage Supports Financial Flexibility

As evidenced by the company's financial disclosures, DoubleVerify maintains a conservative debt-to-equity ratio of 0.09 in 2026Q1, reflecting a disciplined approach to capital structure that minimizes interest rate sensitivity and preserves significant financial flexibility for future strategic investments or potential market downturns.

With total debt hovering near $95.5 million, the company is not currently constrained by significant leverage obligations. This low-debt profile is a key strength, allowing the firm to navigate the current ad-tech maturity phase without the pressure of servicing heavy interest payments.

DV — Frequently Asked Questions

Quick answers to the most common questions about buying DV stock.

What are the total assets of DoubleVerify Holdings, Inc. (DV)?

As of 2025, DoubleVerify Holdings, Inc. (DV) had total assets of $1.35B including $519.3M in current assets.

How much debt does DoubleVerify Holdings, Inc. (DV) have?

DoubleVerify Holdings, Inc. (DV) carries total debt of $99.6M, offset by $259.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.

What is the book value or shareholders' equity of DoubleVerify Holdings, Inc.?

DoubleVerify Holdings, Inc. (DV) has total shareholders' equity (book value) of $1.13B ($6.79 book value per share). Book value represents the net worth of the company belonging to common stock holders.

What is DoubleVerify Holdings, Inc.'s current ratio and liquidity?

DoubleVerify Holdings, Inc. (DV) reported a current ratio of 4.27x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.