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DoubleVerify Holdings, Inc.（DV）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
DoubleVerify Holdings, Inc.的季度营收约是BRC Group Holdings, Inc.的1.1倍（$205.6M vs $188.3M），BRC Group Holdings, Inc.净利率更高（47.9% vs 14.3%，领先33.7%），DoubleVerify Holdings, Inc.同比增速更快（7.9% vs -21.9%），过去两年DoubleVerify Holdings, Inc.的营收复合增速更高（20.8% vs -15.4%）
DoubleVerify Holdings是一家专注于媒体测量、分析及验证的技术服务商，核心业务为品牌安全、广告可见度、反广告欺诈等，帮助广告主、发布商及平台方优化数字广告投放效果，保障营销投入的ROI，业务覆盖全球多个市场。
DV vs RILY — 直观对比
营收规模更大
DV
是对方的1.1倍
$188.3M
营收增速更快
DV
高出29.7%
-21.9%
净利率更高
RILY
高出33.7%
14.3%
两年增速更快
DV
近两年复合增速
-15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $205.6M | $188.3M |
| 净利润 | $29.3M | $90.3M |
| 毛利率 | 82.5% | 79.5% |
| 营业利润率 | 18.4% | 32.3% |
| 净利率 | 14.3% | 47.9% |
| 营收同比 | 7.9% | -21.9% |
| 净利润同比 | 25.3% | 1710.8% |
| 每股收益（稀释后） | $0.18 | $2.78 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DVRILY
| Q4 25 | $205.6M | $188.3M | ||
| Q3 25 | $188.6M | $215.3M | ||
| Q2 25 | $189.0M | $188.2M | ||
| Q1 25 | $165.1M | $197.2M | ||
| Q4 24 | $190.6M | $241.0M | ||
| Q3 24 | $169.6M | $225.5M | ||
| Q2 24 | $155.9M | $256.0M | ||
| Q1 24 | $140.8M | $263.4M |
净利润DVRILY
| Q4 25 | $29.3M | $90.3M | ||
| Q3 25 | $10.2M | $91.1M | ||
| Q2 25 | $8.8M | $139.5M | ||
| Q1 25 | $2.4M | $-10.0M | ||
| Q4 24 | $23.4M | $-5.6M | ||
| Q3 24 | $18.2M | $-284.4M | ||
| Q2 24 | $7.5M | $-433.6M | ||
| Q1 24 | $7.2M | $-49.2M |
毛利率DVRILY
| Q4 25 | 82.5% | 79.5% | ||
| Q3 25 | 82.3% | 83.7% | ||
| Q2 25 | 82.5% | 81.3% | ||
| Q1 25 | 81.2% | 81.4% | ||
| Q4 24 | 82.0% | 79.8% | ||
| Q3 24 | 82.6% | 82.1% | ||
| Q2 24 | 83.3% | 84.5% | ||
| Q1 24 | 81.1% | 85.3% |
营业利润率DVRILY
| Q4 25 | 18.4% | 32.3% | ||
| Q3 25 | 11.2% | 30.4% | ||
| Q2 25 | 7.2% | 5.7% | ||
| Q1 25 | 4.1% | -31.2% | ||
| Q4 24 | 20.3% | -69.2% | ||
| Q3 24 | 15.2% | -36.4% | ||
| Q2 24 | 7.1% | -90.8% | ||
| Q1 24 | 4.9% | -6.1% |
净利率DVRILY
| Q4 25 | 14.3% | 47.9% | ||
| Q3 25 | 5.4% | 42.3% | ||
| Q2 25 | 4.6% | 74.1% | ||
| Q1 25 | 1.4% | -5.1% | ||
| Q4 24 | 12.3% | -2.3% | ||
| Q3 24 | 10.7% | -126.1% | ||
| Q2 24 | 4.8% | -169.4% | ||
| Q1 24 | 5.1% | -18.7% |
每股收益（稀释后）DVRILY
| Q4 25 | $0.18 | $2.78 | ||
| Q3 25 | $0.06 | $2.91 | ||
| Q2 25 | $0.05 | $4.50 | ||
| Q1 25 | $0.01 | $-0.39 | ||
| Q4 24 | $0.14 | $-0.01 | ||
| Q3 24 | $0.10 | $-9.39 | ||
| Q2 24 | $0.04 | $-14.35 | ||
| Q1 24 | $0.04 | $-1.71 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $259.0M | $226.6M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $1.1B | $-171.5M |
| 总资产 | $1.4B | $1.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DVRILY
| Q4 25 | $259.0M | $226.6M | ||
| Q3 25 | $200.7M | $184.2M | ||
| Q2 25 | $216.8M | $267.4M | ||
| Q1 25 | $174.3M | $138.3M | ||
| Q4 24 | $310.6M | $146.9M | ||
| Q3 24 | $362.6M | $159.2M | ||
| Q2 24 | $338.8M | $236.9M | ||
| Q1 24 | $334.3M | $190.7M |
总债务DVRILY
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DVRILY
| Q4 25 | $1.1B | $-171.5M | ||
| Q3 25 | $1.1B | $-260.5M | ||
| Q2 25 | $1.1B | $-351.7M | ||
| Q1 25 | $1.0B | $-496.8M | ||
| Q4 24 | $1.1B | $-488.2M | ||
| Q3 24 | $1.1B | $-497.6M | ||
| Q2 24 | $1.1B | $-218.3M | ||
| Q1 24 | $1.1B | $228.4M |
总资产DVRILY
| Q4 25 | $1.4B | $1.7B | ||
| Q3 25 | $1.3B | $1.7B | ||
| Q2 25 | $1.3B | $1.5B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.3B | $2.2B | ||
| Q2 24 | $1.3B | $3.2B | ||
| Q1 24 | $1.3B | $5.0B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $72.7M | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $62.1M | — |
| 自由现金流率自由现金流/营收 | 30.2% | — |
| 资本支出强度资本支出/营收 | 5.1% | — |
| 现金转化率经营现金流/净利润 | 2.48× | 0.29× |
| 过去12个月自由现金流最近4个季度 | $172.7M | — |
8季度趋势，按日历期对齐
经营现金流DVRILY
| Q4 25 | $72.7M | $26.2M | ||
| Q3 25 | $51.2M | $-60.6M | ||
| Q2 25 | $49.6M | $-25.6M | ||
| Q1 25 | $37.7M | $184.0K | ||
| Q4 24 | $37.4M | $-2.7M | ||
| Q3 24 | $54.6M | $19.5M | ||
| Q2 24 | $35.9M | $111.5M | ||
| Q1 24 | $31.8M | $135.4M |
自由现金流DVRILY
| 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 | — |
自由现金流率DVRILY
| 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% | — |
资本支出强度DVRILY
| 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% | — |
现金转化率DVRILY
| Q4 25 | 2.48× | 0.29× | ||
| Q3 25 | 5.02× | -0.66× | ||
| Q2 25 | 5.66× | -0.18× | ||
| Q1 25 | 15.95× | — | ||
| Q4 24 | 1.60× | — | ||
| Q3 24 | 3.00× | — | ||
| Q2 24 | 4.80× | — | ||
| Q1 24 | 4.44× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DV
| Activation | $116.5M | 57% |
| Measurement | $69.6M | 34% |
| Supply Side | $19.5M | 9% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
