State Ledger
Company profile

Direct Digital Holdings, Inc. CIK 1880613

Ticker
DRCT (Nasdaq)
Industry
Services-Advertising
Headquarters
Houston, TX 77027
Fiscal year end
2025 (FY)
Market Data
Close
$0.90
Change
+$0.00
Change %
0.00%
Volume
0

DRCT · trading date Oct 9, 2026 · previous close $0.90 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$34.69M
Net income
-$18.95M
Total assets
$20.16M
Total liabilities
$27.18M
Stockholders' equity
-$7.02M
Cash & equivalents
$728.0K
Operating income
-$14.76M
Operating cash flow
-$8.91M
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-03-31. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-42.5%
Net margin
-54.6%
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
134.8%
Equity / assets
-34.8%
CapEx / revenue
—
Operating cash flow / net income
0.47×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $34.69M -$18.95M $20.16M $27.18M -$7.02M
2024 $62.29M -$6.24M $26.01M $45.74M -$19.73M
2023 $157.11M -$2.19M $68.94M $74.35M -$5.42M
2022 $89.36M $205.0K $58.13M $52.53M $2.28M
2021 $38.14M -$1.51M $36.00M $36.37M -$374.9K
Company Details
SIC code
7310
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-03
Financials filed via
Form 10-K
filed 2026-03-31

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Houston, TX 77027
1177 WEST LOOP SOUTH
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 16:04 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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