DRCT Class A Direct Digital Holdings, Inc. - Class A Common Stock
NASDAQ · Media · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Aug 14, 2026
$0.91
· of 52w range
· above low
· to high
$0.0952w low
$7.2152w high
P/E (TTM)
-0.0
EPS (TTM)
$-91.31
Revenue (TTM)
$31M
your badges
52W Range
$0–$7
Analyst Rating
BUY
Price Target
$32
P/E
-0.0
ROE
119.7%
Net Profit Margin
-74.4%
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DRCT Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$0.91
P/E (TTM)
-0.0
EPS (TTM)
$-91.31
Revenue (TTM)
$31M
ROE (TTM)
119.7%
Debt/Equity (MRQ)
-1.3
52W Range
$0–$7
DRCT Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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Stock splits
| Ex-date | Split | Type |
|---|---|---|
| April 27, 2026 | 1-for-4 | Reverse |
| Jan. 12, 2026 | 1-for-55 | Reverse |
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$35M2021-12-31 → 2025-12-31
EPS$-75.792021-12-31 → 2025-12-31
Net margin-74.4%2022-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | DRCT | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | -0.05Y avg ≈-6.8 | ≈-6.8 | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | DRCT | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 30.4%5Y avg ≈27.3% | ≈27.3% | · | · | |
| Operating Margin (TTM) | -47.2%5Y avg ≈-21.7% | ≈-21.7% | -158.2% | Top tier | |
| EBITDA Margin (TTM) | -46.6%5Y avg ≈-21.3% | ≈-21.3% | -157.9% | Top tier | |
| Pretax Margin (TTM) | -86.5%5Y avg ≈-35.3% | ≈-35.3% | · | · | |
| Net Profit Margin (TTM) | -74.4%5Y avg ≈-22.0% | ≈-22.0% | -17.2% | Weak | |
| ROA (TTM) | -108.8% | · | -107.9% | Top tier | |
| ROE (TTM) | 119.7% | · | -61.8% | Top tier | |
| ROIC | -287.8% | · | · | · |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | DRCT | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | -1.3 | · | · | · | |
| Current Ratio (MRQ) | 0.1 | · | 0.9 | Low liquidity | |
| Quick Ratio | 0.1 | · | 0.3 | Low liquidity | |
| Long-Term Debt / Equity (MRQ) | -0.0 | · | · | · |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | DRCT | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | -44.3%5Y avg ≈-9.6% | ≈-9.6% | · | · | |
| Revenue CAGR 3Y | -27.1% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | DRCT | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 1.5 | · | 0.3 | Top tier | |
| Receivables Turnover | 8.6 | · | 5.7 | Top tier | |
| Revenue / Employee | ≈$475.3K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-1174.9%
Next Report
Nov 04, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 12, 2026 | $-4.85 | $-9.80 | 50.5% |
| March 31, 2026 | May 7, 2026 | $-6.06 | $-11.79 | 48.6% |
| Dec. 31, 2025 | $-88.00 | $-35.90 | -145.1% | |
| Sept. 30, 2025 | $-52.80 | $-3.37 | -1468.6% | |
| June 30, 2025 | $-50.60 | $-108.83 | 53.5% | |
| March 31, 2025 | $-77.00 | $-1.12 | -6762.7% | |
| Dec. 31, 2024 | $-22.55 | $-22.44 | -0.49% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Revenue | $35M | $62M | $157M | $89M | $38M | |
| Cost of Revenue | $24M | $45M | $120M | $60M | $20M | |
| Gross Profit | $10M | $17M | $38M | $29M | $18M | |
| SG&A Expense | $11M | $14M | $13M | $7M | $6M | |
| Operating Expenses | $25M | $31M | $40M | $21M | $14M | |
| Operating Income | $-15M | $-13M | $-2M | $8M | $4M | |
| Interest Expense | · | · | $4M | $3M | $3M | |
| Other Non-op | $-13M | $-542.0K | $-4M | $-3M | $-6M | |
| Pretax Income | $-28M | $-14M | $-6M | $4M | $-1M | |
| Income Tax | $0 | $6M | $568.0K | $200.0K | $0 | |
| Net Income | $-19M | $-6M | $-2M | $205.0K | $-2M | |
| EPS (Basic) | $-75.79 | $-91.26 | $-0.73 | $0.11 | $-44.09 | |
| EPS (Diluted) | $-75.79 | $-91.26 | $-0.73 | $0.11 | $-44.09 | |
| Shares (Basic) | 308,000 | 68,000 | 2,988,000 | 2,848,000 | 34,182 | |
| Shares (Diluted) | 308,000 | 68,000 | 2,988,000 | 2,891,000 | 34,182 | |
| EBITDA | $-14M | $-13M | $-2M | $8M | · |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $728.0K | $1M | $5M | $4M | $5M | |
| Receivables | $3M | $5M | $37M | $26M | $8M | |
| Prepaid Expense | $890.0K | $2M | $759.0K | $883.0K | $1M | |
| Other Current Assets | $99.0K | $189.0K | $226.0K | · | · | |
| Current Assets | $5M | $9M | $43M | $31M | $14M | |
| PP&E (Net) | $166.0K | $341.0K | $599.0K | $673.0K | · | |
| PP&E (Gross) | $990.0K | $903.0K | $886.0K | $707.0K | · | |
| Accum. Depreciation | $824.0K | $562.0K | $287.0K | $34.0K | $0 | |
| Goodwill | $7M | $7M | $7M | $7M | $7M | |
| Intangibles | $8M | $10M | $12M | $14M | $16M | |
| Other Non-current Assets | $172.0K | $48.0K | $130.0K | $47.0K | $11.5K | |
| Total Assets | $20M | $26M | $69M | $58M | $36M | |
| Accounts Payable | $8M | $8M | $34M | $18M | $7M | |
| Accrued Liabilities | · | $1M | $4M | $4M | $1M | |
| Current Liabilities | $26M | $13M | $40M | $25M | $10M | |
| Capital Leases | $608.0K | $783.0K | $773.0K | $745.0K | · | |
| Total Liabilities | $27M | $46M | $74M | $53M | $36M | |
| Long-term Debt | $12M | $35M | $30M | $24M | · | |
| Total Debt | $12M | $35M | · | $655.0K | · | |
| Paid-in Capital | $26M | $4M | $3M | $3M | · | |
| Retained Earnings | $-28M | $-9M | $-3M | $-344.0K | $-5M | |
| Stockholders' Equity | $-7M | $-20M | $-5M | $6M | $-374.9K | |
| Liabilities + Equity | $20M | $26M | $69M | $58M | $36M |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| D&A | $262.0K | $275.0K | $253.0K | $34.0K | $0 | |
| Stock-based Comp | $1M | $2M | $706.0K | $154.0K | · | |
| Deferred Tax | $0 | $6M | $568.0K | $105.0K | · | |
| Amort. of Intangibles | $2M | $2M | $2M | $2M | $2M | |
| Other Non-cash | $8M | $-10M | $3M | $-2M | · | |
| Operating Cash Flow | $-9M | $-9M | $3M | $2M | $4M | |
| Investing Cash Flow | $-87.0K | $-17.0K | $-178.0K | $-688.0K | · | |
| Stock Issued | $9M | $2M | $0 | $11M | · | |
| Net Stock Activity | $9M | $2M | · | $11M | · | |
| Financing Cash Flow | $8M | $5M | $-1M | $-2M | $-678.7K | |
| Taxes Paid | $3.0K | $388.0K | $361.0K | $47.0K | $14.9K |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Gross Margin | 30.0% | 27.9% | 23.9% | 32.8% | · | |
| Operating Margin | -42.5% | -21.2% | -1.4% | 8.9% | · | |
| Net Margin | -54.6% | -10.0% | -1.4% | 4.7% | · | |
| Pretax Margin | -79.9% | -22.1% | -4.0% | 5.0% | · | |
| EBITDA Margin | -41.8% | -20.8% | -1.2% | 9.0% | · | |
| ROA | -82.1% | -13.1% | · | 7.4% | · | |
| ROE | 119.9% | 34.2% | · | 86.9% | · | |
| ROIC | -287.8% | -122.8% | · | 143.6% | · |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Current Ratio | 0.2 | 0.6 | · | 1.2 | · | |
| Quick Ratio | 0.1 | 0.5 | · | 1.2 | · | |
| Debt / Equity | -1.7 | -1.8 | · | 0.1 | · | |
| LT Debt / Equity | -0.0 | -1.6 | · | · | · | |
| Interest Coverage | · | · | -0.5 | 2.5 | · |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Asset Turnover | 1.5 | 1.3 | · | 1.6 | · | |
| Receivables Turnover | 8.6 | 3.0 | · | 3.7 | · |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Revenue / Share | $112.64 | $16.57 | $52.58 | $7.07 | · | |
| Cash Flow / Share | $-28.92 | $-2.30 | $0.86 | $0.17 | · | |
| EPS (TTM) | $-75.79 | $-91.26 | $-0.73 | $0.11 | $-44.09 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Revenue YoY | -44.3% | -60.4% | 75.8% | 134.3% | · | |
| Revenue CAGR 3Y | -27.1% | 17.8% | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Revenue TTM | $35M | $62M | $157M | $89M | $38M | |
| Net Income TTM | $-19M | $-6M | $-2M | $205.0K | $-2M | |
| P/E | -0.0 | -0.0 | -20.4 | 22.0 | · | |
| Earnings Yield | -2153.1% | -5739.6% | -4.9% | 4.5% | · |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8M | $7M | $8M | $8M | $10M | $8M | $9M | $9M | $22M | $22M | $41M | $59M | $35M | $21M | $31M | $26M | |
| Cost of Revenue | $5M | $4M | $6M | $6M | $7M | $6M | $6M | $6M | $16M | $17M | $32M | $48M | $25M | $15M | $22M | $19M | |
| Gross Profit | $3M | $2M | $2M | $2M | $4M | $2M | $3M | $4M | $6M | $5M | $9M | $12M | $10M | $6M | $9M | $7M | |
| SG&A Expense | $2M | $2M | $3M | $3M | $2M | $3M | $3M | $4M | $4M | $3M | $4M | $3M | $3M | $3M | $2M | $2M | |
| Operating Expenses | $6M | $6M | $7M | $6M | $6M | $6M | $8M | $7M | $8M | $8M | $18M | $7M | $8M | $7M | $6M | $6M | |
| Operating Income | $-3M | $-3M | $-4M | $-4M | $-2M | $-4M | $-5M | $-4M | $-2M | $-3M | $-9M | $4M | $2M | $-141.0K | $2M | $2M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | · | · | $1M | $1M | $1M | $961.4K | $905.6K | |
| Other Non-op | $-661.0K | $-2M | $-8M | $-1M | $-2M | $-2M | $-2M | $4M | $-1M | $-1M | $-861.0K | $-977.0K | $-986.0K | $-1M | $-960.8K | $-905.6K | |
| Pretax Income | $-4M | $-6M | $-13M | $-5M | $-4M | $-6M | $-7M | $229.0K | $-3M | $-4M | $-10M | $4M | $1M | $-1M | $2M | $939.2K | |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7M | $-274.0K | $-200.0K | $402.0K | $166.0K | $74.0K | $-74.0K | $-15.1K | $128.4K | |
| Net Income | $-3M | $-5M | $-12M | $-3M | $-2M | $-2M | $-2M | $-3M | $-590.0K | $-775.0K | $-3M | $571.0K | $192.0K | $-214.0K | $-3M | $810.8K | |
| EPS (Basic) | $-5.78 | $-10.32 | $-74.97 | $-0.24 | $-49.79 | $-77.21 | $-90.17 | $-0.71 | $-0.16 | $-0.22 | $-0.78 | $0.09 | $0.03 | $-0.07 | $-0.04 | $0.06 | |
| EPS (Diluted) | $-5.78 | $-10.32 | $-74.97 | $-0.24 | $-49.79 | $-77.21 | $-90.17 | $-0.71 | $-0.16 | $-0.22 | $-0.78 | $0.09 | $0.03 | $-0.07 | $-0.04 | $0.06 | |
| Shares (Basic) | 709,000 | 575,000 | · | 12,867,000 | 45,000 | 31,000 | · | 3,793,000 | 3,701,000 | 3,509,000 | · | 2,990,000 | 2,921,000 | 2,901,000 | · | 14,178,000 | |
| Shares (Diluted) | 709,000 | 575,000 | · | 12,867,000 | 45,000 | 31,000 | · | 3,793,000 | 3,701,000 | 3,509,000 | · | 3,044,000 | 3,113,000 | 2,901,000 | · | 14,545,241 | |
| EBITDA | $-3M | $-3M | · | $-4M | $-2M | $-4M | · | $-4M | $-2M | $-3M | · | $5M | $2M | $-84.8K | · | $2M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $520.0K | $796.0K | $728.0K | $871.0K | $2M | $2M | $1M | $4M | $1M | $3M | $5M | $5M | $6M | $7M | $4M | $7M | |
| Receivables | $3M | $3M | $3M | $4M | $4M | $4M | $5M | $6M | $20M | $21M | $37M | $55M | $30M | $19M | $26M | $21M | |
| Prepaid Expense | $1M | $826.0K | $890.0K | $2M | $1M | $701.0K | $2M | $1M | $889.0K | $849.0K | $759.0K | $1M | $1M | $1M | $883.0K | $696.5K | |
| Other Current Assets | · | · | $99.0K | · | · | · | $189.0K | · | · | · | $226.0K | · | · | · | · | · | |
| Current Assets | $5M | $4M | $5M | $7M | $7M | $7M | $9M | $11M | $21M | $26M | $43M | $62M | $36M | $27M | $31M | $29M | |
| PP&E (Net) | $99.0K | $133.0K | $166.0K | $164.0K | $234.0K | $288.0K | $341.0K | $409.0K | $471.0K | $529.0K | $599.0K | $625.0K | $688.7K | $664.9K | $673.0K | · | |
| PP&E (Gross) | $990.0K | $990.0K | $990.0K | $941.0K | $941.0K | $918.0K | $903.0K | $901.0K | $895.0K | $886.0K | $886.0K | $844.4K | $844.4K | $755.6K | $707.0K | · | |
| Accum. Depreciation | $891.0K | $857.0K | $824.0K | $777.0K | $707.0K | $630.0K | $562.0K | $492.0K | $424.0K | $357.0K | $287.0K | $219.4K | $155.7K | $90.7K | $34.0K | · | |
| Goodwill | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | |
| Intangibles | $7M | $7M | $8M | $8M | $9M | $9M | $10M | $10M | $11M | $11M | $12M | $12M | $13M | $13M | $14M | $14M | |
| Other Non-current Assets | $47.0K | $109.0K | $172.0K | $234.0K | $298.0K | $48.0K | $48.0K | $47.0K | $47.0K | $88.0K | $130.0K | $127.5K | $47.0K | $47.0K | $47.0K | $58.3K | |
| Total Assets | $19M | $19M | $20M | $23M | $23M | $24M | $26M | $31M | $48M | $53M | $69M | $87M | $62M | $53M | $58M | $54M | |
| Accounts Payable | · | $8M | $8M | $8M | $6M | $7M | $8M | $6M | $12M | $16M | $34M | $45M | $23M | $14M | $18M | $17M | |
| Accrued Liabilities | · | · | · | · | $2M | $2M | · | $881.0K | $1M | $2M | $4M | $4M | $4M | $5M | $4M | $4M | |
| Current Liabilities | $32M | $28M | $26M | $18M | $14M | $13M | $13M | $45M | $16M | $20M | $40M | $53M | $30M | $22M | $25M | $22M | |
| Capital Leases | $490.0K | $550.0K | $608.0K | $666.0K | $722.0K | $776.0K | $783.0K | $832.0K | $879.0K | $728.0K | $773.0K | $717.6K | $741.8K | $743.6K | $745.0K | $767.6K | |
| Total Liabilities | $33M | $29M | $27M | $29M | $48M | $47M | $46M | $46M | $57M | $59M | $74M | $80M | $58M | $50M | $53M | $49M | |
| Long-term Debt | $144.0K | $145.0K | $12M | $11M | $34M | $33M | $35M | $150.0K | $35M | $32M | $30M | $22M | $23M | $23M | $24M | $23M | |
| Total Debt | $17M | $17M | · | $16M | $38M | $37M | · | $37M | $37M | $34M | · | $1M | $982.5K | $818.8K | · | $655.0K | |
| Paid-in Capital | $28M | $28M | $26M | $15M | $3M | $4M | $4M | $3M | $3M | $3M | $3M | $9M | $9M | $8M | $3M | $8M | |
| Retained Earnings | $-36M | $-33M | $-28M | $-16M | $-13M | $-11M | $-9M | $-7M | $-4M | $-3M | $-3M | $-2M | $-5M | $-5M | $-344.0K | $-3M | |
| Stockholders' Equity | $-14M | $-10M | $-7M | $-7M | $-25M | $-23M | $-20M | $-15M | $-9M | $-6M | $-5M | $6M | $4M | $3M | $6M | $5M | |
| Liabilities + Equity | $19M | $19M | $20M | $23M | $23M | $24M | $26M | $31M | $48M | $53M | $69M | $87M | $62M | $53M | $58M | $54M |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $34.0K | $33.0K | $47.0K | $70.0K | $77.0K | $68.0K | $69.0K | $67.0K | $68.0K | $71.0K | $67.0K | $64.0K | $65.0K | $57.0K | · | · | |
| Stock-based Comp | $84.0K | $183.0K | $391.0K | $374.0K | $389.0K | $316.0K | $741.0K | $149.0K | $158.0K | $504.0K | $160.0K | $242.0K | $209.5K | $94.0K | $68.6K | $70.0K | |
| Deferred Tax | · | · | $0 | $0 | $0 | $0 | $0 | $7M | $-275.0K | $-200.0K | $486.0K | · | · | $-74.0K | $31.1K | $35.0K | |
| Amort. of Intangibles | $413.0K | $414.0K | $391.0K | $500.0K | $500.0K | $488.0K | $466.0K | $500.0K | $500.0K | $488.0K | $465.0K | $500.0K | $500.0K | $489.0K | $488.6K | $488.5K | |
| Other Non-cash | · | $4M | · | · | · | $-737.0K | · | · | · | $-6M | · | · | · | $4M | · | · | |
| Operating Cash Flow | $-884.0K | $-1M | $-2M | $-2M | $-3M | $-3M | $-2M | $3M | $-4M | $-6M | $-2M | $1M | $-109.0K | $3M | $-1M | $3M | |
| Investing Cash Flow | $0 | $0 | $-49.0K | $0 | $-23.0K | $-15.0K | $0 | $-7.0K | $-10.0K | $0 | $-41.0K | $-22 | $-88.8K | $-48.0K | · | · | |
| Stock Issued | $107.0K | $1M | $2M | $766.0K | $3M | $3M | $2M | $0 | $0 | $0 | · | · | · | · | $-43 | $-45.0K | |
| Net Stock Activity | · | $1M | · | · | · | $3M | · | · | · | · | · | · | · | · | · | · | |
| Financing Cash Flow | $608.0K | $1M | $2M | $916.0K | $3M | $3M | $-1M | $9.0K | $2M | $4M | $2M | $-1M | $-852.3K | $-380.0K | $-939.6K | $-1M | |
| Taxes Paid | · | · | · | · | · | $19.0K | $125.0K | $6.0K | $229.0K | $28.0K | $12.0K | $138 | $348.4K | $0 | $-86.4K | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.0% | 33.9% | · | 27.7% | 35.1% | 29.3% | · | 38.7% | 27.1% | 22.4% | · | 19.8% | 28.4% | 30.3% | · | 28.7% | |
| Operating Margin | -37.4% | -48.7% | · | -49.0% | -23.9% | -48.1% | · | -40.3% | -9.4% | -12.6% | · | 7.6% | 6.4% | -0.67% | · | 7.1% | |
| Net Margin | -43.4% | -78.6% | · | -33.6% | -22.2% | -28.9% | · | -29.6% | -2.7% | -3.5% | · | 5.6% | 3.4% | -6.3% | · | 3.1% | |
| Pretax Margin | -45.8% | -83.4% | · | -62.6% | -41.4% | -72.8% | · | 2.5% | -15.6% | -18.0% | · | 5.9% | 3.6% | -6.6% | · | 3.6% | |
| EBITDA Margin | -37.0% | -48.2% | · | -48.1% | -23.2% | -47.3% | · | -39.6% | -9.1% | -12.3% | · | 7.7% | 6.6% | -0.40% | · | 7.1% | |
| ROA | -16.1% | -24.4% | · | -10.0% | -6.3% | -6.2% | · | -4.6% | -1.1% | -1.5% | · | 4.8% | 2.2% | -3.0% | · | 3.0% | |
| ROE | 17.7% | 31.8% | · | 24.7% | 13.5% | 16.2% | · | 62.6% | 24.8% | 64.0% | · | 58.8% | 27.3% | -51.6% | · | 32.4% | |
| ROIC | -80.1% | -46.6% | · | -43.2% | -18.0% | -28.7% | · | 466.7% | -6.8% | -9.5% | · | 56.8% | 42.4% | -3.2% | · | 28.2% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.1 | 0.2 | · | 0.4 | 0.5 | 0.5 | · | 0.3 | 1.3 | 1.3 | · | 1.2 | 1.2 | 1.2 | · | 1.3 | |
| Quick Ratio | 0.1 | 0.1 | · | 0.3 | 0.4 | 0.5 | · | 0.2 | 1.3 | 1.2 | · | 1.1 | 1.2 | 1.2 | · | 1.3 | |
| Debt / Equity | -1.3 | -1.7 | · | -2.4 | -1.5 | -1.6 | · | -2.5 | -4.2 | -5.8 | · | 0.2 | 0.2 | 0.2 | · | 0.1 | |
| LT Debt / Equity | -0.0 | -0.0 | · | -1.6 | -1.4 | -1.4 | · | -0.0 | -4.0 | -5.6 | · | · | · | · | · | · | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | · | · | 4.2 | 2.2 | -0.1 | · | 2.0 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.3 | · | 0.3 | 0.3 | 0.2 | · | 0.2 | 0.4 | 0.4 | · | 0.8 | 0.7 | 0.5 | · | 1.0 | |
| Receivables Turnover | 2.4 | 1.9 | · | 1.6 | 0.9 | 0.6 | · | 0.3 | 0.9 | 1.1 | · | 1.6 | 1.6 | 1.6 | · | 2.4 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Share | $11.05 | $11.62 | · | $0.62 | $1.02 | $1.22 | · | $2.39 | $5.91 | $6.35 | · | $4.01 | $2.39 | $1.46 | · | $1.79 | |
| Cash Flow / Share | · | $-1.83 | · | · | · | $-0.40 | · | · | · | $-1.63 | · | · | · | $0.22 | · | · | |
| EPS (TTM) | $-91.31 | $-135.32 | · | $-217.41 | $-217.88 | $-168.25 | · | $-1.87 | $-1.07 | $-0.88 | · | $0.01 | $-0.02 | $0.13 | · | · |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $31M | $33M | · | $35M | $36M | $48M | · | $94M | $145M | $158M | · | $147M | $113M | $99M | · | · | |
| Net Income TTM | $-23M | $-22M | · | $-9M | $-9M | $-8M | · | $-7M | $-4M | $-3M | · | $-2M | $-2M | $662.6K | · | · | |
| P/E | -0.0 | -0.0 | · | -0.0 | -0.0 | -0.0 | · | -1.1 | -3.8 | -17.3 | · | 256.0 | -142.5 | 24.9 | · | · | |
| Earnings Yield | -3369.4% | -16706.2% | · | -64322.5% | -38562.8% | -26289.1% | · | -88.6% | -26.6% | -5.8% | · | 0.39% | -0.70% | 4.0% | · | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|---|
| Revenue | $35M | $62M | $157M | · | · |
| Gross Margin % | 30.0% | 27.9% | 23.9% | · | · |
| Operating Margin % | -42.5% | -21.2% | -1.4% | · | · |
| Net Income | $-19M | $-6M | $-2M | · | · |
| Diluted EPS | $-75.79 | $-91.26 | $-0.73 | · | · |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|---|
| Debt / Equity | -1.7 | -1.8 | · | · | · |
| Current Ratio | 0.2 | 0.6 | · | · | · |
| Quick Ratio | 0.1 | 0.5 | · | · | · |
No data for this statement
Not enough fundamentals data to build this statement yet.
Institutional owners (13F) 1 filer · $2K total · As of Dec. 31, 2025
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
1
Value held
$2K
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $1,758 | 27,460 | 100.00% | Shares |
Activists & 5%+ owners 1 position
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Direct Digital Management, LLC, AJN Energy & Transport Ventures, LLC, SKW Financial LLC, Smith, Keith, Walker, Mark D. ×5 filings | Dec. 19, 2025 | 12.60% | Amendment | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 11 insiders · 6 officers · 5 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Walker, Mark D. | Chairman and CEO | Sept. 2, 2026 S | 7,864 | 0 | 5 | $-69,760 |
| Diana P Diaz | CFO | April 1, 2026 M | 159 | 0 | 0 | $0 |
| Susan Echard | Chief Financial Officer | March 20, 2023 A | · | 0 | 0 | $0 |
| Smith, Keith | President | April 1, 2026 M | 522 | 0 | 2 | $-47,360 |
| Maria Vilchez Lowrey | Chief Growth Officer | April 1, 2026 M | 183 | 0 | 0 | $0 |
| Anu Pillai | Chief Technology Officer | April 1, 2026 M | 189 | 0 | 0 | $0 |
| Mistelle Locke | Director | June 12, 2026 M | 369 | 0 | 3 | $-500 |
| Antoinette Renee Leatherberry | Director | June 12, 2026 M | 531 | 0 | 2 | $-265 |
| Richard Cohen | Director | June 12, 2026 M | 501 | 0 | 2 | $-298 |
| Direct Digital Management, LLC | 10% owner | Dec. 4, 2025 C | 0 | 0 | 0 | $0 |
| Timothy Grittani | 10% owner | March 30, 2022 D | 0 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 1 ETF
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| VXF · VANGUARD INDEX FUNDS | 0.00% | 6,905 SH | Aug. 19, 2026 | Daily |
DRCT Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 8 analysts
BUY
Median target
$32.00
+3416.5%
2 25.0%
Strong Buy
4 50.0%
Buy
2 25.0%
Hold
0 0.0%
Sell
0 0.0%
Strong Sell
12-Month Price Target
1 analysts · 2026-09-30Mean target $32.00 +3416.5%
Low$32.00
Mean$32.00
High$32.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
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Source: SEC 10-Q filed Aug 14, 2026