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Side-by-side financial comparison of Enact Holdings, Inc. (ACT) and DoubleVerify Holdings, Inc. (DV). Click either name above to swap in a different company.

Enact Holdings, Inc. is the larger business by last-quarter revenue ($312.7M vs $205.6M, roughly 1.5× DoubleVerify Holdings, Inc.). On growth, DoubleVerify Holdings, Inc. posted the faster year-over-year revenue change (7.9% vs 3.6%). Over the past eight quarters, DoubleVerify Holdings, Inc.'s revenue compounded faster (20.8% CAGR vs 3.6%).

Enact Holdings, Inc. is a leading U.S.-based private mortgage insurance provider. It delivers risk mitigation solutions to residential mortgage lenders, banks, and credit unions, enabling borrowers with smaller down payments to access affordable home financing, and supports sustainable homeownership for diverse consumer groups across the United States.

Double Vision is a Malaysian production studio. Established in 1985, it has production hubs in Malaysia and Indonesia. Double Vision produces over 1,400 hours of television programming per year in various languages and genres for the regional market. It also houses international entertainment TV network, Channel [V], in its studios.

ACT vs DV — Head-to-Head

Bigger by revenue
ACT
ACT
1.5× larger
ACT
$312.7M
$205.6M
DV
Growing faster (revenue YoY)
DV
DV
+4.2% gap
DV
7.9%
3.6%
ACT
Faster 2-yr revenue CAGR
DV
DV
Annualised
DV
20.8%
3.6%
ACT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACT
ACT
DV
DV
Revenue
$312.7M
$205.6M
Net Profit
$29.3M
Gross Margin
82.5%
Operating Margin
71.3%
18.4%
Net Margin
14.3%
Revenue YoY
3.6%
7.9%
Net Profit YoY
25.3%
EPS (diluted)
$1.23
$0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACT
ACT
DV
DV
Q4 25
$312.7M
$205.6M
Q3 25
$311.5M
$188.6M
Q2 25
$304.9M
$189.0M
Q1 25
$306.8M
$165.1M
Q4 24
$301.8M
$190.6M
Q3 24
$309.6M
$169.6M
Q2 24
$298.8M
$155.9M
Q1 24
$291.6M
$140.8M
Net Profit
ACT
ACT
DV
DV
Q4 25
$29.3M
Q3 25
$10.2M
Q2 25
$8.8M
Q1 25
$2.4M
Q4 24
$23.4M
Q3 24
$18.2M
Q2 24
$7.5M
Q1 24
$7.2M
Gross Margin
ACT
ACT
DV
DV
Q4 25
82.5%
Q3 25
82.3%
Q2 25
82.5%
Q1 25
81.2%
Q4 24
82.0%
Q3 24
82.6%
Q2 24
83.3%
Q1 24
81.1%
Operating Margin
ACT
ACT
DV
DV
Q4 25
71.3%
18.4%
Q3 25
67.4%
11.2%
Q2 25
70.4%
7.2%
Q1 25
68.9%
4.1%
Q4 24
68.9%
20.3%
Q3 24
74.1%
15.2%
Q2 24
78.6%
7.1%
Q1 24
70.6%
4.9%
Net Margin
ACT
ACT
DV
DV
Q4 25
14.3%
Q3 25
5.4%
Q2 25
4.6%
Q1 25
1.4%
Q4 24
12.3%
Q3 24
10.7%
Q2 24
4.8%
Q1 24
5.1%
EPS (diluted)
ACT
ACT
DV
DV
Q4 25
$1.23
$0.18
Q3 25
$1.10
$0.06
Q2 25
$1.11
$0.05
Q1 25
$1.08
$0.01
Q4 24
$1.05
$0.14
Q3 24
$1.15
$0.10
Q2 24
$1.16
$0.04
Q1 24
$1.01
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACT
ACT
DV
DV
Cash + ST InvestmentsLiquidity on hand
$582.5M
$259.0M
Total DebtLower is stronger
$744.5M
Stockholders' EquityBook value
$5.4B
$1.1B
Total Assets
$6.9B
$1.4B
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACT
ACT
DV
DV
Q4 25
$582.5M
$259.0M
Q3 25
$545.6M
$200.7M
Q2 25
$616.0M
$216.8M
Q1 25
$639.0M
$174.3M
Q4 24
$602.8M
$310.6M
Q3 24
$674.9M
$362.6M
Q2 24
$711.3M
$338.8M
Q1 24
$624.3M
$334.3M
Total Debt
ACT
ACT
DV
DV
Q4 25
$744.5M
Q3 25
$744.1M
Q2 25
$743.8M
Q1 25
$743.4M
Q4 24
$743.0M
Q3 24
$742.7M
Q2 24
$742.4M
Q1 24
$746.1M
Stockholders' Equity
ACT
ACT
DV
DV
Q4 25
$5.4B
$1.1B
Q3 25
$5.3B
$1.1B
Q2 25
$5.2B
$1.1B
Q1 25
$5.1B
$1.0B
Q4 24
$5.0B
$1.1B
Q3 24
$5.0B
$1.1B
Q2 24
$4.8B
$1.1B
Q1 24
$4.7B
$1.1B
Total Assets
ACT
ACT
DV
DV
Q4 25
$6.9B
$1.4B
Q3 25
$6.9B
$1.3B
Q2 25
$6.8B
$1.3B
Q1 25
$6.7B
$1.2B
Q4 24
$6.5B
$1.3B
Q3 24
$6.6B
$1.3B
Q2 24
$6.3B
$1.3B
Q1 24
$6.3B
$1.3B
Debt / Equity
ACT
ACT
DV
DV
Q4 25
0.14×
Q3 25
0.14×
Q2 25
0.14×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.15×
Q2 24
0.15×
Q1 24
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACT
ACT
DV
DV
Operating Cash FlowLast quarter
$724.5M
$72.7M
Free Cash FlowOCF − Capex
$62.1M
FCF MarginFCF / Revenue
30.2%
Capex IntensityCapex / Revenue
5.1%
Cash ConversionOCF / Net Profit
2.48×
TTM Free Cash FlowTrailing 4 quarters
$172.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACT
ACT
DV
DV
Q4 25
$724.5M
$72.7M
Q3 25
$192.0M
$51.2M
Q2 25
$119.5M
$49.6M
Q1 25
$226.7M
$37.7M
Q4 24
$686.3M
$37.4M
Q3 24
$188.1M
$54.6M
Q2 24
$144.7M
$35.9M
Q1 24
$187.3M
$31.8M
Free Cash Flow
ACT
ACT
DV
DV
Q4 25
$62.1M
Q3 25
$39.0M
Q2 25
$40.1M
Q1 25
$31.4M
Q4 24
$30.0M
Q3 24
$48.4M
Q2 24
$28.7M
Q1 24
$25.4M
FCF Margin
ACT
ACT
DV
DV
Q4 25
30.2%
Q3 25
20.7%
Q2 25
21.2%
Q1 25
19.0%
Q4 24
15.8%
Q3 24
28.5%
Q2 24
18.4%
Q1 24
18.0%
Capex Intensity
ACT
ACT
DV
DV
Q4 25
5.1%
Q3 25
6.4%
Q2 25
5.0%
Q1 25
3.8%
Q4 24
3.9%
Q3 24
3.7%
Q2 24
4.6%
Q1 24
4.5%
Cash Conversion
ACT
ACT
DV
DV
Q4 25
2.48×
Q3 25
5.02×
Q2 25
5.66×
Q1 25
15.95×
Q4 24
1.60×
Q3 24
3.00×
Q2 24
4.80×
Q1 24
4.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACT
ACT

Segment breakdown not available.

DV
DV

Activation$116.5M57%
Measurement$69.6M34%
Supply Side$19.5M9%

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