Filing Flows › Direct Digital Holdings (DRCT) › Q2 2026
Direct Digital Holdings (DRCT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
Direct Digital Holdings (DRCT) reported revenue of $7.8M for the second quarter 2026 (Q2 2026), -23% from a year earlier and +17% from the quarter before. Operating margin was -37.4%, net loss $3.6M (45.8% of revenue).
Direct Digital Holdings, Q2 2026: revenue $7.8M (-23% year over year), operating margin -37.4%, net loss $3.6M, operating cash flow −$884K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.8M | +17% | -23% |
| Operating profit | −$2.9M | — | — |
| Net earnings | −$3.6M | — | — |
| Operating cash flow | −$884K | — | — |
What changed
Revenue was $7.8M in Q2 2026, down 23% year over year and up 17% from the previous quarter.
Gross margin was 34.0%, down 1.1 points from Q2 2025. Operating costs exceeded revenue by $2.9M, an operating margin of -37.4%. Operating expenses fell 7% while revenue fell 23%. The quarter ended with a net loss of $3.6M, narrower than the previous quarter's $5.6M loss. Minority interests bore $194K of it: to shareholders the quarter was a loss of $3.4M.
Operating cash flow was −$884K. Non-cash charges added back $34K of depreciation and amortization and $84K of share-based compensation. Working capital and other items added $2.6M.
Questions
What was Direct Digital Holdings' revenue in the second quarter 2026?
Direct Digital Holdings (DRCT) reported revenue of $7.8M for the second quarter 2026 (Q2 2026), -23% from a year earlier and +17% from the quarter before.
Was Direct Digital Holdings profitable in the second quarter 2026?
Operating loss was $2.9M (-37.4% of revenue) and net loss $3.6M.