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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›DRCT›Financials
Annual statements · SEC XBRL · FY2021 – FY2025

Direct Digital Holdings, Inc. (DRCT) financials

Income statement

Direct Digital Holdings, Inc. (DRCT) income statement, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$38.1M$89.4M$157M$62.3M$34.7M
Revenue growth—134.3%75.8%-60.4%-44.3%
Gross profit$18.4M$29.3M$37.6M$17.4M$10.4M
Gross margin48.3%32.8%23.9%27.9%30.0%
Operating income$4.38M$7.98M-$2.19M-$13.2M-$14.8M
Operating margin11.5%8.9%-1.4%-21.2%-42.5%
Net income-$1.51M$205K-$2.19M-$6.24M-$18.9M
Net margin-4.0%0.2%-1.4%-10.0%-54.6%
EPS (diluted)-$44.09$0.11-$0.73-$91.26-$75.79

Cash flow

Direct Digital Holdings, Inc. (DRCT) cash flow, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Operating cash flow$3.75M$2.06M$2.56M-$8.65M-$8.91M

Balance sheet

Direct Digital Holdings, Inc. (DRCT) balance sheet, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Cash & equivalents$4.68M$4.05M$5.12M$1.45M$728K
Total assets$36.0M$58.1M$68.9M$26.0M$20.2M
Total liabilities$36.4M$52.5M$74.4M$45.7M$27.2M
Long-term debt—$23.1M$28.6M$31.6M$146K
Shareholders' equity-$375K$5.59M-$5.42M-$19.7M-$7.02M
Retained earnings-$4.67M-$344K-$2.54M-$8.77M-$27.7M
Shares (wtd avg diluted)34.2B2.89M2.99M68.0B308K

Every figure is extracted from Direct Digital Holdings, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Direct Digital Holdings, Inc.'s annual revenue?
Direct Digital Holdings, Inc. (DRCT) reported $34.7M of revenue for fiscal year 2025 — down 44.3% from $62.3M in FY2024, per its annual report filed with the SEC.
Is Direct Digital Holdings, Inc. profitable?
Not in FY2025 — DRCT reported a net loss of $18.9M, per SEC filings.
Does DRCT pay a dividend?
Direct Digital Holdings, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full DRCT analysis — verdict, score & filings →Is DRCT a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.