In his seminal paper "Formality conjecture", M. Kontsevich introduced a graph complex GC1ve closely connected with the problem of constructing a formality quasi-isomorphism for Hochschild cochains. In this paper, we express the cohomology of the full directed graph complex dfGC explicitly in terms of the cohomology of GC1ve. Applications of our results include a recent work by the first author which completely characterizes homotopy classes of formality quasi-isomorphisms for Hochschild cochains in the stable setting. [29] T. Willwacher and M.Živković, Multiple edges in M. Kontsevich's graph complexes and computations of the dimensions and Euler characteristics, Adv. Math. 272 (2015) 553-578; arXiv:1401.4974.