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Side-by-side financial comparison of Direct Digital Holdings, Inc. (DRCT) and NVE CORP (NVEC). Click either name above to swap in a different company.

Direct Digital Holdings, Inc. is the larger business by last-quarter revenue ($8.4M vs $6.2M, roughly 1.4× NVE CORP). NVE CORP runs the higher net margin — 54.4% vs -138.7%, a 193.1% gap on every dollar of revenue. On growth, NVE CORP posted the faster year-over-year revenue change (22.9% vs -7.4%). Over the past eight quarters, NVE CORP's revenue compounded faster (-6.3% CAGR vs -38.6%).

Devolver Digital, Inc. is an American video game publisher based in Austin, Texas, specializing in the publishing of indie games. The company was founded in June 2009 by Nigel Lowrie, Harry Miller, Graeme Struthers, Rick Stults, and Mike Wilson, five executives who had been involved with Gathering of Developers and Gamecock Media Group, which published games on developer-friendly terms, but due to the high cost associated with releasing retail games saw themselves acquired and dissolved by la...

NVE Corporation develops and manufactures spintronic-based electronic components, including high-performance magnetoresistive sensors, couplers, and signal isolators. Its products are used in industrial automation, automotive systems, medical devices, and IoT applications, serving global original equipment manufacturers and electronic component distributors.

DRCT vs NVEC — Head-to-Head

Bigger by revenue
DRCT
DRCT
1.4× larger
DRCT
$8.4M
$6.2M
NVEC
Growing faster (revenue YoY)
NVEC
NVEC
+30.4% gap
NVEC
22.9%
-7.4%
DRCT
Higher net margin
NVEC
NVEC
193.1% more per $
NVEC
54.4%
-138.7%
DRCT
Faster 2-yr revenue CAGR
NVEC
NVEC
Annualised
NVEC
-6.3%
-38.6%
DRCT

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
DRCT
DRCT
NVEC
NVEC
Revenue
$8.4M
$6.2M
Net Profit
$-11.7M
$3.4M
Gross Margin
26.8%
78.6%
Operating Margin
-53.4%
60.2%
Net Margin
-138.7%
54.4%
Revenue YoY
-7.4%
22.9%
Net Profit YoY
-434.7%
11.0%
EPS (diluted)
$-74.97
$0.70

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
DRCT
DRCT
NVEC
NVEC
Q4 25
$8.4M
$6.2M
Q3 25
$8.0M
$6.3M
Q2 25
$10.1M
$6.1M
Q1 25
$8.2M
$7.3M
Q4 24
$9.1M
$5.1M
Q3 24
$9.1M
$6.8M
Q2 24
$21.9M
$6.8M
Q1 24
$22.3M
$7.1M
Net Profit
DRCT
DRCT
NVEC
NVEC
Q4 25
$-11.7M
$3.4M
Q3 25
$-2.7M
$3.3M
Q2 25
$-2.2M
$3.6M
Q1 25
$-2.4M
$3.9M
Q4 24
$-2.2M
$3.0M
Q3 24
$-2.7M
$4.0M
Q2 24
$-590.0K
$4.1M
Q1 24
$-775.0K
$3.8M
Gross Margin
DRCT
DRCT
NVEC
NVEC
Q4 25
26.8%
78.6%
Q3 25
27.7%
78.3%
Q2 25
35.1%
80.6%
Q1 25
29.3%
79.2%
Q4 24
32.5%
84.2%
Q3 24
38.7%
86.0%
Q2 24
27.1%
85.6%
Q1 24
22.4%
75.5%
Operating Margin
DRCT
DRCT
NVEC
NVEC
Q4 25
-53.4%
60.2%
Q3 25
-49.0%
57.6%
Q2 25
-23.9%
62.0%
Q1 25
-48.1%
58.4%
Q4 24
-51.8%
58.5%
Q3 24
-40.3%
65.0%
Q2 24
-9.4%
64.7%
Q1 24
-12.6%
57.3%
Net Margin
DRCT
DRCT
NVEC
NVEC
Q4 25
-138.7%
54.4%
Q3 25
-33.6%
52.2%
Q2 25
-22.2%
58.6%
Q1 25
-28.9%
53.5%
Q4 24
-24.0%
60.2%
Q3 24
-29.6%
59.6%
Q2 24
-2.7%
60.4%
Q1 24
-3.5%
53.8%
EPS (diluted)
DRCT
DRCT
NVEC
NVEC
Q4 25
$-74.97
$0.70
Q3 25
$-0.24
$0.68
Q2 25
$-0.23
$0.74
Q1 25
$-0.35
$0.80
Q4 24
$-90.17
$0.63
Q3 24
$-0.71
$0.83
Q2 24
$-0.16
$0.85
Q1 24
$-0.22
$0.78

Balance Sheet & Financial Strength

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

Metric
DRCT
DRCT
NVEC
NVEC
Cash + ST InvestmentsLiquidity on hand
$728.0K
$20.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$-7.0M
$58.3M
Total Assets
$20.2M
$60.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DRCT
DRCT
NVEC
NVEC
Q4 25
$728.0K
$20.6M
Q3 25
$871.0K
$17.7M
Q2 25
$1.6M
$15.8M
Q1 25
$1.8M
$21.7M
Q4 24
$1.4M
$20.4M
Q3 24
$4.1M
$22.9M
Q2 24
$1.1M
$21.7M
Q1 24
$3.3M
$22.2M
Total Debt
DRCT
DRCT
NVEC
NVEC
Q4 25
Q3 25
$10.8M
Q2 25
$33.5M
Q1 25
$32.9M
Q4 24
Q3 24
$150.0K
Q2 24
$34.8M
Q1 24
$32.4M
Stockholders' Equity
DRCT
DRCT
NVEC
NVEC
Q4 25
$-7.0M
$58.3M
Q3 25
$-6.7M
$59.7M
Q2 25
$-24.6M
$61.1M
Q1 25
$-23.3M
$62.3M
Q4 24
$-19.7M
$63.0M
Q3 24
$-16.7M
$64.9M
Q2 24
$-10.5M
$64.9M
Q1 24
$-7.5M
$65.6M
Total Assets
DRCT
DRCT
NVEC
NVEC
Q4 25
$20.2M
$60.0M
Q3 25
$22.5M
$61.5M
Q2 25
$23.3M
$63.6M
Q1 25
$23.8M
$64.3M
Q4 24
$26.0M
$64.6M
Q3 24
$31.3M
$65.9M
Q2 24
$48.5M
$66.7M
Q1 24
$52.8M
$66.8M

Cash Flow & Capital Efficiency

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

Metric
DRCT
DRCT
NVEC
NVEC
Operating Cash FlowLast quarter
$-1.9M
$4.2M
Free Cash FlowOCF − Capex
$-4.8M
FCF MarginFCF / Revenue
-77.0%
Capex IntensityCapex / Revenue
144.3%
Cash ConversionOCF / Net Profit
1.24×
TTM Free Cash FlowTrailing 4 quarters
$-5.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DRCT
DRCT
NVEC
NVEC
Q4 25
$-1.9M
$4.2M
Q3 25
$-1.6M
$2.8M
Q2 25
$-2.7M
$5.2M
Q1 25
$-2.7M
$2.5M
Q4 24
$-1.6M
$3.8M
Q3 24
$3.0M
$2.1M
Q2 24
$-4.4M
$5.9M
Q1 24
$-5.7M
$3.1M
Free Cash Flow
DRCT
DRCT
NVEC
NVEC
Q4 25
$-4.8M
Q3 25
$2.7M
Q2 25
$4.1M
Q1 25
$-7.5M
Q4 24
$-6.3M
Q3 24
$1.9M
Q2 24
$4.9M
Q1 24
FCF Margin
DRCT
DRCT
NVEC
NVEC
Q4 25
-77.0%
Q3 25
42.9%
Q2 25
67.7%
Q1 25
-103.7%
Q4 24
-124.7%
Q3 24
28.5%
Q2 24
72.8%
Q1 24
Capex Intensity
DRCT
DRCT
NVEC
NVEC
Q4 25
144.3%
Q3 25
1.1%
Q2 25
17.3%
Q1 25
137.9%
Q4 24
200.6%
Q3 24
3.1%
Q2 24
13.5%
Q1 24
0.0%
Cash Conversion
DRCT
DRCT
NVEC
NVEC
Q4 25
1.24×
Q3 25
0.84×
Q2 25
1.45×
Q1 25
0.64×
Q4 24
1.26×
Q3 24
0.53×
Q2 24
1.43×
Q1 24
0.82×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DRCT
DRCT

Buy Side Advertising$8.2M98%
Other$183.0K2%

NVEC
NVEC

Segment breakdown not available.

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