Evidence method
Level · gp.fundamentals.debt_to_revenue
135.48% · OPTIONAL · VALID
GROSSPATTERN / FUNDAMENTAL STATE / POINT IN TIME
DRCT · Sep 30, 2025
Direct Digital Holdings, Inc.. A multidimensional configuration derived from the filing available at this observation—never a composite score or recommendation.
STATE CAPABILITYLEVEL 3[email protected]
Inspectable configuration
State dimensions
Filing0001880613-25-000134General Corporate
Evidence method
Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
-20.52% · OPTIONAL · VALID
Evidence method
Yoy · gp.fundamentals.revenue
-12.02% · CORE · VALID
Evidence method
Level · gp.fundamentals.gross_margin
27.73% · CORE · VALID
Evidence method
Level · gp.fundamentals.operating_margin
-48.99% · CORE · VALID
Evidence method
Level · gp.fundamentals.sbc_revenue_ratio
4.68% · OPTIONAL · VALID
As-filed lineage
Fundamental state history
Each observation is tied to the filing and facts available at that report date. Amendments remain separate.
History18 statesSelf-history eligible
Mar 31, 20220/4 normalizedLevel 3Jun 30, 20220/4 normalizedLevel 3Sep 30, 20220/5 normalizedLevel 3Dec 31, 20220/5 normalizedLevel 3Mar 31, 20230/6 normalizedLevel 3Jun 30, 20230/6 normalizedLevel 3Sep 30, 20230/6 normalizedLevel 3Dec 31, 20230/6 normalizedLevel 3Mar 31, 20244/6 normalizedLevel 3Jun 30, 20244/6 normalizedLevel 3Sep 30, 20245/6 normalizedLevel 3Dec 31, 20245/6 normalizedLevel 3Mar 31, 20256/6 normalizedLevel 3Jun 30, 20256/6 normalizedLevel 3Sep 30, 20256/6 normalizedLevel 3Dec 31, 20256/6 normalizedLevel 3Mar 31, 20266/6 normalizedLevel 3Jun 30, 20266/6 normalizedLevel 4
Period transition
What moved in the state?
- Previous
- 330.34%
- Current
- 135.48%
- Delta
- -194.86%
- Previous
- -26.52%
- Current
- -20.52%
- Delta
- 6.00%
- Previous
- -53.59%
- Current
- -12.02%
- Delta
- 41.56%
- Previous
- 35.10%
- Current
- 27.73%
- Delta
- -7.37%
- Previous
- -23.92%
- Current
- -48.99%
- Delta
- -25.07%
- Previous
- 3.83%
- Current
- 4.68%
- Delta
- 0.85%
Self-history only
Previous similar states
Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.
Not enough compatible prior states for a transparent self-history match.
Research Graph
Related governed research
Transitioned To · DRCT Fundamental State →Analogous To · DRCT state analogue 3 →Transitioned To · DRCT Fundamental State →Transitioned To · DRCT BALANCE_SHEET_LEVERAGE_DECREASED →Transitioned To · DRCT CASH_GENERATION_INCREASED →Transitioned To · DRCT GROWTH_INCREASED →Transitioned To · DRCT MARGIN_DECREASED →Transitioned To · DRCT PROFITABILITY_DECREASED →Transitioned To · DRCT SBC_INTENSITY_INCREASED →
Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.