Direct Digital Reports Q4 2025 Earnings: Revenue Declines Amid Strategic Shift
Direct Digital (DRCT) reported a quarterly operating loss of $4.5 million, unchanged from the previous year, with revenue declining to $8.4 million in Q4 2025 compared to $9.1 million last year. Buy-side revenue increased by 28% due to new and existing customers, while sell-side revenue dropped sharply. The company also issued convertible preferred stock and expanded its equity reserve facility.
Tickers: $DRCT
Topics: adjusted_ebitda cash_position operating_loss revenue stock_split