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

Clearwater Paper Corp is the larger business by last-quarter revenue ($360.3M vs $180.8M, roughly 2.0× DoubleVerify Holdings, Inc.). DoubleVerify Holdings, Inc. runs the higher net margin — 3.5% vs -3.6%, a 7.1% gap on every dollar of revenue. On growth, DoubleVerify Holdings, Inc. posted the faster year-over-year revenue change (9.6% vs -4.7%). Over the past eight quarters, DoubleVerify Holdings, Inc.'s revenue compounded faster (7.7% CAGR vs 2.3%).

Clearwater Paper Corporation is an American pulp and paperboard manufacturer. The company was created on December 9, 2008, via a spin-off from Potlatch Corporation and is headquartered in Spokane, Washington.

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.

CLW vs DV — Head-to-Head

Bigger by revenue
CLW
CLW
2.0× larger
CLW
$360.3M
$180.8M
DV
Growing faster (revenue YoY)
DV
DV
+14.3% gap
DV
9.6%
-4.7%
CLW
Higher net margin
DV
DV
7.1% more per $
DV
3.5%
-3.6%
CLW
Faster 2-yr revenue CAGR
DV
DV
Annualised
DV
7.7%
2.3%
CLW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CLW
CLW
DV
DV
Revenue
$360.3M
$180.8M
Net Profit
$-12.8M
$6.4M
Gross Margin
-0.2%
Operating Margin
8.6%
Net Margin
-3.6%
3.5%
Revenue YoY
-4.7%
9.6%
Net Profit YoY
-103.2%
171.5%
EPS (diluted)
$0.04

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
CLW
CLW
DV
DV
Q1 26
$360.3M
$180.8M
Q4 25
$386.4M
$205.6M
Q3 25
$399.0M
$188.6M
Q2 25
$391.8M
$189.0M
Q1 25
$378.2M
$165.1M
Q4 24
$387.1M
$190.6M
Q3 24
$393.3M
$169.6M
Q2 24
$344.4M
$155.9M
Net Profit
CLW
CLW
DV
DV
Q1 26
$-12.8M
$6.4M
Q4 25
$38.3M
$29.3M
Q3 25
$-53.3M
$10.2M
Q2 25
$2.7M
$8.8M
Q1 25
$-6.3M
$2.4M
Q4 24
$199.1M
$23.4M
Q3 24
$5.8M
$18.2M
Q2 24
$-25.8M
$7.5M
Gross Margin
CLW
CLW
DV
DV
Q1 26
-0.2%
Q4 25
4.5%
82.5%
Q3 25
4.7%
82.3%
Q2 25
11.0%
82.5%
Q1 25
9.7%
81.2%
Q4 24
3.8%
82.0%
Q3 24
7.7%
82.6%
Q2 24
-0.6%
83.3%
Operating Margin
CLW
CLW
DV
DV
Q1 26
8.6%
Q4 25
1.9%
18.4%
Q3 25
-13.9%
11.2%
Q2 25
2.5%
7.2%
Q1 25
-1.1%
4.1%
Q4 24
-4.0%
20.3%
Q3 24
-0.3%
15.2%
Q2 24
-13.6%
7.1%
Net Margin
CLW
CLW
DV
DV
Q1 26
-3.6%
3.5%
Q4 25
9.9%
14.3%
Q3 25
-13.4%
5.4%
Q2 25
0.7%
4.6%
Q1 25
-1.7%
1.4%
Q4 24
51.4%
12.3%
Q3 24
1.5%
10.7%
Q2 24
-7.5%
4.8%
EPS (diluted)
CLW
CLW
DV
DV
Q1 26
$0.04
Q4 25
$2.36
$0.18
Q3 25
$-3.30
$0.06
Q2 25
$0.17
$0.05
Q1 25
$-0.38
$0.01
Q4 24
$11.87
$0.14
Q3 24
$0.35
$0.10
Q2 24
$-1.55
$0.04

Balance Sheet & Financial Strength

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

Metric
CLW
CLW
DV
DV
Cash + ST InvestmentsLiquidity on hand
$36.5M
$173.8M
Total DebtLower is stronger
$361.1M
Stockholders' EquityBook value
$813.8M
$1.1B
Total Assets
$1.6B
$1.3B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLW
CLW
DV
DV
Q1 26
$36.5M
$173.8M
Q4 25
$30.7M
$259.0M
Q3 25
$34.4M
$200.7M
Q2 25
$46.7M
$216.8M
Q1 25
$44.0M
$174.3M
Q4 24
$79.6M
$310.6M
Q3 24
$35.5M
$362.6M
Q2 24
$39.6M
$338.8M
Total Debt
CLW
CLW
DV
DV
Q1 26
$361.1M
Q4 25
$346.8M
Q3 25
$337.0M
Q2 25
$330.1M
Q1 25
Q4 24
$283.4M
Q3 24
$1.2B
Q2 24
$1.1B
Stockholders' Equity
CLW
CLW
DV
DV
Q1 26
$813.8M
$1.1B
Q4 25
$825.3M
$1.1B
Q3 25
$783.0M
$1.1B
Q2 25
$836.8M
$1.1B
Q1 25
$836.6M
$1.0B
Q4 24
$854.6M
$1.1B
Q3 24
$664.6M
$1.1B
Q2 24
$658.6M
$1.1B
Total Assets
CLW
CLW
DV
DV
Q1 26
$1.6B
$1.3B
Q4 25
$1.6B
$1.4B
Q3 25
$1.6B
$1.3B
Q2 25
$1.6B
$1.3B
Q1 25
$1.6B
$1.2B
Q4 24
$1.7B
$1.3B
Q3 24
$2.5B
$1.3B
Q2 24
$2.5B
$1.3B
Debt / Equity
CLW
CLW
DV
DV
Q1 26
0.44×
Q4 25
0.42×
Q3 25
0.43×
Q2 25
0.39×
Q1 25
Q4 24
0.33×
Q3 24
1.73×
Q2 24
1.74×

Cash Flow & Capital Efficiency

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

Metric
CLW
CLW
DV
DV
Operating Cash FlowLast quarter
$4.2M
Free Cash FlowOCF − Capex
$-6.4M
FCF MarginFCF / Revenue
-3.5%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.65×
TTM Free Cash FlowTrailing 4 quarters
$134.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLW
CLW
DV
DV
Q1 26
$4.2M
Q4 25
$5.0M
$72.7M
Q3 25
$34.0M
$51.2M
Q2 25
$-28.2M
$49.6M
Q1 25
$1.5M
$37.7M
Q4 24
$-35.1M
$37.4M
Q3 24
$16.2M
$54.6M
Q2 24
$21.1M
$35.9M
Free Cash Flow
CLW
CLW
DV
DV
Q1 26
$-6.4M
Q4 25
$-9.9M
$62.1M
Q3 25
$15.7M
$39.0M
Q2 25
$-51.1M
$40.1M
Q1 25
$-31.2M
$31.4M
Q4 24
$-68.1M
$30.0M
Q3 24
$-30.8M
$48.4M
Q2 24
$3.0M
$28.7M
FCF Margin
CLW
CLW
DV
DV
Q1 26
-3.5%
Q4 25
-2.6%
30.2%
Q3 25
3.9%
20.7%
Q2 25
-13.0%
21.2%
Q1 25
-8.2%
19.0%
Q4 24
-17.6%
15.8%
Q3 24
-7.8%
28.5%
Q2 24
0.9%
18.4%
Capex Intensity
CLW
CLW
DV
DV
Q1 26
Q4 25
3.9%
5.1%
Q3 25
4.6%
6.4%
Q2 25
5.8%
5.0%
Q1 25
8.6%
3.8%
Q4 24
8.5%
3.9%
Q3 24
12.0%
3.7%
Q2 24
5.3%
4.6%
Cash Conversion
CLW
CLW
DV
DV
Q1 26
0.65×
Q4 25
0.13×
2.48×
Q3 25
5.02×
Q2 25
-10.44×
5.66×
Q1 25
15.95×
Q4 24
-0.18×
1.60×
Q3 24
2.79×
3.00×
Q2 24
4.80×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLW
CLW

Segment breakdown not available.

DV
DV

Activation$100.5M56%
Measurement$61.8M34%
Supply-side$18.5M10%

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