DoubleVerify Reports Strong Q3 Financials and Merger Agreement

NEW YORK, Oct. 30, 2026 /CourierPR/ -- DoubleVerify Holdings, Inc., the leading software platform for digital media measurement, data, and analytics, has reported its third quarter 2026 financial results, showcasing significant growth and profitability. The company reported a 9% year-over-year increase in total revenue to $205.6 million, driven by strong performance in the Social and CTV (Connected TV) segments.

The company achieved net income of $15.9 million and adjusted EBITDA of $75.4 million, representing a 37% adjusted EBITDA margin. This financial performance reflects the company's continued success in the digital media market.

Key highlights from the third quarter include a 10% increase in activation revenue to $117.6 million, a 20% increase in Social measurement revenue, and a 16% increase in international measurement revenue. Media Transactions Measured (MTM) for CTV increased by 22%, and supply-side revenue grew by 5%.

DoubleVerify's cash balance stood at approximately $251 million, with no outstanding debt. The company also launched Ask Neura, a new conversational AI experience built directly into DV Pinnacle, enabling advertisers and agencies to dynamically interact with DV data and insights to analyze and optimize campaign effectiveness. Additionally, the company announced the global availability of independent media quality measurement on TikTok Pangle, and launched pilots for attribution measurement and brand suitability evaluation for ChatGPT Ads.

In a significant development, DoubleVerify entered into a merger agreement with Neptune BidCo US Inc. on August 6, 2026. Pursuant to the Merger Agreement, Merger Sub will merge with and into DoubleVerify, with DoubleVerify surviving the merger and continuing as a wholly owned subsidiary of Neptune BidCo US Inc. The merger is expected to close by the first quarter of 2027, subject to customary closing conditions. At the Special Meeting held on October 29, 2026, a majority of DV stockholders voted in favor of the Merger Agreement, with approximately 94% of votes cast in favor, representing over 75% of the issued and outstanding shares of DV common stock as of the close of business on September 28, 2026.

DoubleVerify's strong financial performance and strategic initiatives underscore its position as a leader in the digital media measurement and analytics space. The company's focus on innovation and expansion into new areas such as CTV and AI-driven solutions positions it well for continued growth and success in the years to come.