Revenue: As of FY2026 Q2, the actual value is USD 7.832 M.

EPS: As of FY2026 Q2, the actual value is USD -5.78.

EBIT: As of FY2026 Q2, the actual value is USD -2.825 M.

Second Quarter 2026 Financial Results

Revenue

Direct Digital Holdings, Inc. reported revenue of $7.8 million for the second quarter of 2026, marking a 23% decrease compared to $10.1 million in the second quarter of 2025. Excluding revenue from Demand Side Platform (DSP) customers, which was $0 in Q2 2026 compared to $2.5 million in Q2 2025, revenue grew $0.2 million, or 3%.

Gross Profit

Gross profit for the second quarter of 2026 was $2.7 million, representing 34% of revenue, down from $3.6 million, or 35% of revenue, in the second quarter of 2025.

Operating Expenses

Operating expenses decreased by 7% to $5.6 million in the second quarter of 2026, compared to $6.0 million in the same period of 2025.

Operating Loss

Direct Digital Holdings, Inc. reported an operating loss of - $2.9 million for the second quarter of 2026, compared to an operating loss of - $2.4 million in the second quarter of 2025.

Net Loss

Net loss for the second quarter of 2026 was - $3.6 million, an improvement from a net loss of - $4.2 million in the second quarter of 2025.

Adjusted EBITDA Loss

Adjusted EBITDA loss was - $2.3 million in the second quarter of 2026, compared to an Adjusted EBITDA loss of - $1.5 million in the second quarter of 2025.

Cash and Cash Equivalents

As of June 30, 2026, cash and cash equivalents stood at $0.5 million, a decrease from $0.7 million as of December 31, 2025.

Six Months Ended June 30, 2026 Financial Results

Revenue

Revenue for the six months ended June 30, 2026, was $14.5 million, a 21% decrease from $18.3 million in the corresponding period of 2025. This decrease was primarily due to a $4.5 million reduction in spending by DSP customers; excluding DSP customer revenue, which was less than $0.1 million in the first half of 2026 compared to $4.5 million in the first half of 2025, revenue grew $0.7 million, or 5%.

Gross Profit

Gross profit for the six months ended June 30, 2026, was $4.9 million, or 34% of revenue, compared to $6.0 million, or 33% of revenue, in the first half of 2025.

Operating Expenses

Operating expenses for the six-month period decreased by 10% to $11.1 million, from $12.3 million in the first half of 2025.

Operating Loss

Direct Digital Holdings, Inc. reported an operating loss of - $6.2 million for the first half of 2026, an improvement from an operating loss of - $6.4 million in the first half of 2025.

Net Loss

Net loss for the six months ended June 30, 2026, was - $9.2 million, compared to a net loss of - $10.1 million in the first half of 2025.

Adjusted EBITDA Loss

Adjusted EBITDA loss was - $4.9 million in the first half of 2026, compared to an Adjusted EBITDA loss of - $4.5 million in the first half of 2025.

Cash Flow from Operating Activities

Net cash used in operating activities for the six months ended June 30, 2026, was - $1.934 million, an improvement from - $5.398 million in the same period of 2025.

Cash Flow from Investing Activities

Net cash used in investing activities was $0 for the six months ended June 30, 2026, compared to - $38 thousand in the same period of 2025.

Cash Flow from Financing Activities

Net cash provided by financing activities was $1.726 million for the six months ended June 30, 2026, down from $5.584 million in the corresponding period of 2025.

Outlook

As of June 30, 2026, Direct Digital Holdings, Inc. was not in compliance with certain financial covenants under its credit facility and is actively working with its lender to secure a waiver. The company is focused on strengthening operating performance, managing liquidity, and executing strategic growth initiatives, including new AI search, generative engine optimization (GEO), AI support, and web technology services. These efforts are aimed at building a diversified pipeline, broadening customer relationships, and enhancing product capabilities to pursue sustainable growth and long-term shareholder value.