Quarterly ResultAug 12, 2026, 04:38 PM
Direct Digital Holdings Q2 Revenue $7.8M, Net Loss $3.6M
AI Summary
Direct Digital Holdings reported Q2 2026 revenue of $7.8 million, a 23% decrease year-over-year, and a net loss of $3.6 million. Excluding demand-side platform (DSP) customers, revenue grew 3%. The company is actively addressing non-compliance with financial covenants under its credit facility and is focusing on AI-powered offerings to expand its addressable market.
Key Highlights
- Q2 2026 revenue decreased 23% to $7.8 million from $10.1 million in Q2 2025.
- Excluding DSP customers, Q2 2026 revenue grew 3% or $0.2 million.
- Q2 2026 net loss was $3.6 million, compared to a net loss of $4.2 million in Q2 2025.
- Adjusted EBITDA loss for Q2 2026 was $2.3 million, compared to $1.5 million loss in Q2 2025.
- Cash and cash equivalents stood at $0.5 million as of June 30, 2026.
- Company is not in compliance with certain financial covenants and is seeking a waiver.
- Management is expanding into AI search, GEO, and web technology services.
Price Impact
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