Direct Digital Q2 FY26 net loss narrows to $3.6 million; revenue drops 23% to $7.8 million

Reuters2026/08/12 20:31

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Direct Digital Holdings posted Q2 revenue of USD 7.8 million, down 23% year over year.
Operating loss widened to USD 2.9 million; net loss narrowed to USD 3.6 million under GAAP.
Non-GAAP adjusted EBITDA loss widened to USD 2.3 million; cash and cash equivalents totaled USD 520,000 at June 30.
Management cited reduced DSP customer spending; highlighted demand for AI search, generative engine optimization, AI support, web technology services.
Company said it was out of compliance with credit-facility covenants, seeking a waiver while focusing on liquidity and operating performance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Direct Digital Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608121630PR_NEWS_USPR_____DA25337) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Direct Digital Q2 FY26 net loss narrows to $3.6 million; revenue drops 23% to $7.8 million

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