Direct Digital Holdings, Inc. reported financial results for the second quarter and first half of 2026 ending June 30, 2026. Revenue decreased 21% to $14.5 million for the six-month period, driven by a $4.5 million drop in DSP customer spending; excluding DSP revenue, sales grew 5%. The company reported a net loss of $9.2 million and an adjusted EBITDA loss of $4.9 million. As of June 30, 2026, the Company was not in compliance with certain financial covenants under its credit facility and is seeking a waiver from its lender. Cash and cash equivalents stood at $0.5 million. Direct Digital Holdings operates as an advertising and marketing technology platform.
