vs

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

DoubleVerify Holdings, Inc. is the larger business by last-quarter revenue ($180.8M vs $93.7M, roughly 1.9× Ranpak Holdings Corp.). On growth, DoubleVerify Holdings, Inc. posted the faster year-over-year revenue change (9.6% vs 2.3%). Over the past eight quarters, Ranpak Holdings Corp.'s revenue compounded faster (13.7% CAGR vs 7.7%).

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.

Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain p...

DV vs PACK — Head-to-Head

Bigger by revenue
DV
DV
1.9× larger
DV
$180.8M
$93.7M
PACK
Growing faster (revenue YoY)
DV
DV
+7.3% gap
DV
9.6%
2.3%
PACK
Faster 2-yr revenue CAGR
PACK
PACK
Annualised
PACK
13.7%
7.7%
DV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DV
DV
PACK
PACK
Revenue
$180.8M
$93.7M
Net Profit
$6.4M
Gross Margin
39.0%
Operating Margin
8.6%
-1.0%
Net Margin
3.5%
Revenue YoY
9.6%
2.3%
Net Profit YoY
171.5%
EPS (diluted)
$0.04
$-0.11

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
DV
DV
PACK
PACK
Q1 26
$180.8M
Q4 25
$205.6M
$93.7M
Q3 25
$188.6M
$83.6M
Q2 25
$189.0M
$77.8M
Q1 25
$165.1M
$77.6M
Q4 24
$190.6M
$91.6M
Q3 24
$169.6M
$78.6M
Q2 24
$155.9M
$72.8M
Net Profit
DV
DV
PACK
PACK
Q1 26
$6.4M
Q4 25
$29.3M
Q3 25
$10.2M
$-10.4M
Q2 25
$8.8M
$-7.5M
Q1 25
$2.4M
$-10.9M
Q4 24
$23.4M
Q3 24
$18.2M
$-8.1M
Q2 24
$7.5M
$5.5M
Gross Margin
DV
DV
PACK
PACK
Q1 26
Q4 25
82.5%
39.0%
Q3 25
82.3%
41.1%
Q2 25
82.5%
37.1%
Q1 25
81.2%
39.8%
Q4 24
82.0%
45.2%
Q3 24
82.6%
43.8%
Q2 24
83.3%
43.5%
Operating Margin
DV
DV
PACK
PACK
Q1 26
8.6%
Q4 25
18.4%
-1.0%
Q3 25
11.2%
-6.8%
Q2 25
7.2%
-12.5%
Q1 25
4.1%
-10.3%
Q4 24
20.3%
1.5%
Q3 24
15.2%
-5.3%
Q2 24
7.1%
-7.1%
Net Margin
DV
DV
PACK
PACK
Q1 26
3.5%
Q4 25
14.3%
Q3 25
5.4%
-12.4%
Q2 25
4.6%
-9.6%
Q1 25
1.4%
-14.0%
Q4 24
12.3%
Q3 24
10.7%
-10.3%
Q2 24
4.8%
7.6%
EPS (diluted)
DV
DV
PACK
PACK
Q1 26
$0.04
Q4 25
$0.18
$-0.11
Q3 25
$0.06
$-0.12
Q2 25
$0.05
$-0.09
Q1 25
$0.01
$-0.13
Q4 24
$0.14
$-0.13
Q3 24
$0.10
$-0.10
Q2 24
$0.04
$0.07

Balance Sheet & Financial Strength

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

Metric
DV
DV
PACK
PACK
Cash + ST InvestmentsLiquidity on hand
$173.8M
$63.0M
Total DebtLower is stronger
$401.9M
Stockholders' EquityBook value
$1.1B
$534.9M
Total Assets
$1.3B
$1.1B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DV
DV
PACK
PACK
Q1 26
$173.8M
Q4 25
$259.0M
$63.0M
Q3 25
$200.7M
$49.9M
Q2 25
$216.8M
$49.2M
Q1 25
$174.3M
$65.5M
Q4 24
$310.6M
$76.1M
Q3 24
$362.6M
$69.5M
Q2 24
$338.8M
$65.1M
Total Debt
DV
DV
PACK
PACK
Q1 26
Q4 25
$401.9M
Q3 25
$403.1M
Q2 25
$403.1M
Q1 25
$405.2M
Q4 24
$406.4M
Q3 24
$403.2M
Q2 24
$396.1M
Stockholders' Equity
DV
DV
PACK
PACK
Q1 26
$1.1B
Q4 25
$1.1B
$534.9M
Q3 25
$1.1B
$537.8M
Q2 25
$1.1B
$539.0M
Q1 25
$1.0B
$544.1M
Q4 24
$1.1B
$548.1M
Q3 24
$1.1B
$564.3M
Q2 24
$1.1B
$566.2M
Total Assets
DV
DV
PACK
PACK
Q1 26
$1.3B
Q4 25
$1.4B
$1.1B
Q3 25
$1.3B
$1.1B
Q2 25
$1.3B
$1.1B
Q1 25
$1.2B
$1.1B
Q4 24
$1.3B
$1.1B
Q3 24
$1.3B
$1.1B
Q2 24
$1.3B
$1.1B
Debt / Equity
DV
DV
PACK
PACK
Q1 26
Q4 25
0.75×
Q3 25
0.75×
Q2 25
0.75×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.71×
Q2 24
0.70×

Cash Flow & Capital Efficiency

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

Metric
DV
DV
PACK
PACK
Operating Cash FlowLast quarter
$4.2M
$19.5M
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
DV
DV
PACK
PACK
Q1 26
$4.2M
Q4 25
$72.7M
$19.5M
Q3 25
$51.2M
$8.5M
Q2 25
$49.6M
$-3.6M
Q1 25
$37.7M
$-1.3M
Q4 24
$37.4M
$6.5M
Q3 24
$54.6M
$10.1M
Q2 24
$35.9M
$19.6M
Free Cash Flow
DV
DV
PACK
PACK
Q1 26
$-6.4M
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
FCF Margin
DV
DV
PACK
PACK
Q1 26
-3.5%
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%
Capex Intensity
DV
DV
PACK
PACK
Q1 26
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%
Cash Conversion
DV
DV
PACK
PACK
Q1 26
0.65×
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×
3.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DV
DV

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

PACK
PACK

Other$47.9M51%
Europe And Asia Segment$45.8M49%

Related Comparisons