# Direct Digital Holdings, Inc.: overview

DRCT · OTC · CIK 1880613 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/drct.md) · [Financials](/companies/drct/financials.md) · [Filings](/companies/drct/filings.md) · [Insiders](/companies/drct/insiders.md)

Latest reported revenue: [$7.8m](/filings/0001880613-26-000098.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 14, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001880613-26-000098).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [9.1](/filings/0001880613-25-000134.md) | [9.1 d](/filings/0001880613-26-000032.md) | [8.2](/filings/0001628280-26-035698.md) | [10.1](/filings/0001880613-26-000098.md) | [8.0](/filings/0001880613-25-000134.md) | [8.4 d](/filings/0001880613-26-000032.md) | [6.7](/filings/0001628280-26-035698.md) | [7.8](/filings/0001880613-26-000098.md) |
| Gross margin | % | [38.7%](/filings/0001880613-25-000134.md) | [32.4% d](/filings/0001880613-26-000032.md) | [29.3%](/filings/0001628280-26-035698.md) | [35.1%](/filings/0001880613-26-000098.md) | [27.7%](/filings/0001880613-25-000134.md) | [26.8% d](/filings/0001880613-26-000032.md) | [33.9%](/filings/0001628280-26-035698.md) | [34.0%](/filings/0001880613-26-000098.md) |
| Operating margin | % | [(40.3%)](/filings/0001880613-25-000134.md) | [(51.8%) d](/filings/0001880613-26-000032.md) | [(48.1%)](/filings/0001628280-26-035698.md) | [(23.9%)](/filings/0001880613-26-000098.md) | [(49.0%)](/filings/0001880613-25-000134.md) | [(53.5%) d](/filings/0001880613-26-000032.md) | [(48.7%)](/filings/0001628280-26-035698.md) | [(37.4%)](/filings/0001880613-26-000098.md) |
| Net margin | % | [(29.6%)](/filings/0001880613-25-000134.md) | [(24.0%) d](/filings/0001880613-26-000032.md) | [(28.9%)](/filings/0001628280-26-035698.md) | [(22.2%)](/filings/0001880613-26-000098.md) | [(33.6%)](/filings/0001880613-25-000134.md) | [(138.7%) d](/filings/0001880613-26-000032.md) | [(78.6%)](/filings/0001628280-26-035698.md) | [(43.3%)](/filings/0001880613-26-000098.md) |
| Diluted EPS | $ per share | [(0.71)](/filings/0001880613-25-000134.md) | not reported | [(77.21)](/filings/0001628280-26-035698.md) | [(49.79)](/filings/0001880613-26-000098.md) | [(0.24)](/filings/0001880613-25-000134.md) | not reported | [(10.32)](/filings/0001628280-26-035698.md) | [(5.78)](/filings/0001880613-26-000098.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [38.1](/filings/0001558370-23-006073.md) | [89.4](/filings/0001558370-24-013317.md) | [157](/filings/0001628280-25-015290.md) | [62.3](/filings/0001880613-26-000032.md) | [34.7](/filings/0001880613-26-000032.md) |
| Gross margin | % | [48.3%](/filings/0001558370-23-006073.md) | [32.8%](/filings/0001558370-24-013317.md) | [23.9%](/filings/0001628280-25-015290.md) | [27.9%](/filings/0001880613-26-000032.md) | [30.0%](/filings/0001880613-26-000032.md) |
| Operating margin | % | [11.5%](/filings/0001558370-23-006073.md) | [8.9%](/filings/0001558370-24-013317.md) | [(1.4%)](/filings/0001628280-25-015290.md) | [(21.2%)](/filings/0001880613-26-000032.md) | [(42.5%)](/filings/0001880613-26-000032.md) |
| Net margin | % | [(4.0%)](/filings/0001558370-23-006073.md) | [0.2%](/filings/0001558370-24-013317.md) | [(1.4%)](/filings/0001628280-25-015290.md) | [(10.0%)](/filings/0001880613-26-000032.md) | [(54.6%)](/filings/0001880613-26-000032.md) |
| Diluted EPS | $ per share | [(44.09)](/filings/0001558370-23-006073.md) | [0.11](/filings/0001558370-24-013317.md) | [(0.73)](/filings/0001628280-25-015290.md) | [(91.26)](/filings/0001880613-26-000032.md) | [(75.79)](/filings/0001880613-26-000032.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/drct/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $18.7k | 6,905 |  | New +6,905 |
| [Tower Research Capital LLC (TRC)](/funds/1533421.md) | 2026-06-30 | $1.8k | 648 |  | New +648 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $90 | 33 |  | New +33 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $70 | 26 |  | New +26 |
| [Steward Partners Investment Advisory, LLC](/funds/1723397.md) | 2026-06-30 | $19 | 7 |  | New +7 |
| [Caitong International Asset Management Co., Ltd](/funds/1963355.md) | 2026-06-30 | $3 | 1 |  | New +1 |
| [SBI Securities Co., Ltd.](/funds/1851815.md) | 2026-06-30 | $3 | 1 |  | New +1 |

## Recent filings

[All 423 filings](/companies/drct/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-21 | 17:16 ET | [8-K](/filings/0001880613-26-000117.md) | 3.01 Delisting notice; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001880613-26-000117 |
| 2026-10-02 | 16:03 ET | [8-K](/filings/0001880613-26-000115.md) | 3.01 Delisting notice | 0001880613-26-000115 |
| 2026-10-01 | 16:04 ET | [8-K](/filings/0001880613-26-000111.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001880613-26-000111 |
| 2026-08-28 | 16:02 ET | [8-K](/filings/0001880613-26-000109.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001880613-26-000109 |
| 2026-08-21 | 09:02 ET | [8-K](/filings/0001880613-26-000104.md) | 1.01 Entry into a material agreement; 8.01 Other events; 9.01 Financial statements and exhibits | 0001880613-26-000104 |
| 2026-08-14 | 16:01 ET | [10-Q](/filings/0001880613-26-000098.md) | Quarterly report, period 2026-06-30 | 0001880613-26-000098 |
| 2026-08-12 | 16:34 ET | [8-K](/filings/0001880613-26-000095.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001880613-26-000095 |
| 2026-07-31 | 16:02 ET | [8-K](/filings/0001880613-26-000087.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results | 0001880613-26-000087 |
| 2026-06-23 | 16:00 ET | [DEF 14A](/filings/0001880613-26-000080.md) | Proxy statement, period 2026-06-23 | 0001880613-26-000080 |
| 2026-06-11 | 16:39 ET | [8-K](/filings/0001880613-26-000073.md) | 5.08 Item not in the standard list; 8.01 Other events | 0001880613-26-000073 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001880613-26-000032.md), filed Mar 31, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/6cda3f97-304c-4c4c-b27f-56ae25baca9e)

## About the filer

- CIK: 1880613
- Tickers: DRCT
- Exchange: OTC
- SIC code: 7310 Services-Advertising
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 06:04 ET. No prices; not investment advice.
