NASDAQ$DRCT

Direct Digital Holdings In-A · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Direct Digital Holdings reported a net loss of $5.6 million for Q1 2026 with revenues declining 18% year-over-year.

The company generated $6.7 million in revenue, down from $8.2 million in the prior-year quarter, while improving gross margin to 34% through cost reductions. Operating loss narrowed to $3.3 million and net loss improved slightly to $5.6 million. Management highlighted a strategic shift to a single digital advertising segment and ongoing efforts to address liquidity and Nasdaq compliance.

  • Revenue fell 18% to $6.7 million due to lower DSP spending, partially offset by new vertical growth.
  • Gross profit margin rose to 34% from 29% as fixed costs declined.
  • Net loss narrowed to $5.6 million; operating cash use improved to $1.1 million.
  • Company maintains focus on Ignition+ product and refinancing amid going-concern disclosures.

Headline financials

Total Revenue

$6.68M

Previous: $8.16M-18.1%
EPS (adj)

-$10.32

Previous: -$0.35-2848.6%
Average Monthly Impressions

199.0B

Previous: 188.0B+5.9%
Free Cash Flow

-$1.05M

No prior period
Net Income

-$5.25M

Previous: -$5.94M+11.6%
Operating Income

-$3.25M

Previous: -$3.92M+17.2%
Gross Profit

$2.26M

Previous: $2.39M-5.5%
Cash & Equivalents

$796K

No prior period
Total Assets

$19.3M

No prior period

Revenue & EPS history

Direct Digital · Revenue · Quarterly

$6.68M

Q1 2026-18.1%vs Q1 2025
Beat estimate in 6 of 13 quarters(46%)
ActualEstimate

Revenue by segment

Direct Digital · $6.68M total across 1 segment · Q1 2026

  • Digital Advertising
    $6.68M

Forward guidance

Management plans to drive growth via Ignition+ and pursue refinancing of the 2021 Credit Facility.

Tailwinds

  • Cost reduction initiatives lowered operating expenses.
  • New Committed Equity Facility provides potential capital access.

Headwinds

  • Substantial doubt about going concern raised.
  • Nasdaq listing compliance remains under monitor.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-8.7%

Avg return

Earnings day

-9.4%

Avg return

5 days after

-4.5%

Avg return

30 days after

19%

4 / 21 earnings

Positive

+60.3%

Q3 2023

Best reaction

-45.1%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.9%-14.0%
Q4 2025-5.4%+1.3%+29.4%
Q3 2025-32.4%-37.1%-67.6%
Q2 2025-21.5%-30.1%-26.9%
Q1 2025-23.6%-32.5%-37.3%
Q4 2024-45.1%-50.7%-49.4%
Q3 2024-28.6%-40.1%-70.1%
Q2 2024-23.3%-18.3%-46.5%
Q1 2024-23.3%-18.3%-46.5%
Q4 2023-44.6%-47.4%-78.9%
Q3 2023+60.3%+95.6%+387.7%
Q2 2023-0.4%+8.7%-8.5%
Q1 2023-3.0%+28.3%+9.4%
Q4 2022-17.2%-27.8%-26.7%
Q3 2021-2.0%-13.5%-18.5%
Q3 2022+34.7%+32.1%+12.4%
Q2 2021+1.3%-1.3%+1.0%
Q2 2022+19.6%+21.2%+30.6%
Q1 2021-11.0%-19.5%-30.0%
Q4 2021-11.0%-19.5%-30.0%
Q1 2022-3.8%-14.4%-23.6%

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