12. Earnings Per Share

The following table reconciles the numerators and denominators used in computations of the basic and diluted EPS:

Year Ended December 31, 

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

Numerator:

 

  ​

 

  ​

 

  ​

Net Income (basic and diluted)

$

50,650

$

56,231

$

71,466

Denominator:

 

 

 

Weighted‑average common shares outstanding

 

162,780

 

170,515

 

167,803

Dilutive effect of stock based awards

 

3,903

 

4,561

 

5,632

Weighted‑average dilutive shares outstanding

 

166,683

 

175,076

 

173,435

Basic earnings per share

$

0.31

$

0.33

$

0.43

Diluted earnings per share

$

0.30

$

0.32

$

0.41

Approximately 8.4 million, 4.0 million, and 7.7 million weighted average shares issuable under stock-based awards were not included in the diluted EPS calculation for the years ended December 31, 2025, 2024 and 2023, respectively, because they were antidilutive.

Free Sentinel

Want the next DoubleVerify Holdings, Inc. earnings per share disclosure the moment it drops?

Set a Sentinel and we'll alert you the moment DoubleVerify Holdings, Inc.'s next filing hits EDGAR. No credit card, your email never gets sold.

Track for free

Historical Timeline

Fiscal YearFiled
2025Feb 26, 2026Showing above
2024Feb 27, 2025
2023Feb 28, 2024
2022Mar 1, 2023

About Earnings Per Share Disclosures

The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.

Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.