Digital Turbine (APPS) Debt Ratio (2011 - 2026)
Digital Turbine's (APPS) Debt Ratio stood at 0.43 in fiscal Q4 2026 (quarter ended Mar 31, 2026), down 14.7% from 0.50 a year earlier but up 3.7% from the prior quarter.
Digital Turbine (APPS) Debt Ratio (2011 - 2026) Analysis & Trends
Starting with fiscal Q4 2011, Digital Turbine's Debt Ratio history includes 53 quarters.
- Across earlier fiscal years, Debt Ratio came in at 0.50 in FY2025 (+13.5%), 0.44 in FY2024 (+36.7%), 0.32 in FY2023 (-11.4%) and 0.37 in FY2022 (+554.0%).
- Quarterly Debt Ratio has ranged from 0.18 in fiscal Q1 2022 to 0.50 in fiscal Q4 2025 over the past five years.
- On a year-over-year basis, Debt Ratio rose in six of the last eight quarters, with growth averaging 14.3%.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 554.0% in fiscal Q4 2022, against a decline of 14.9% in fiscal Q3 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.41 (Q3 2026), 0.48 (Q2 2026) and 0.49 (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 0.11 |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 0.19 |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 0.24 |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 0.09 |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 0.19 |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 0.68 |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | - |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 0.43 |
| 10 | Digital Turbine | 1.34 Bn | 1.19 Bn | - | 0.43 |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 0.41 |
| Sep 30, 2025 | 0.48 |
| Jun 30, 2025 | 0.49 |
| Mar 31, 2025 | 0.50 |
| Dec 31, 2024 | 0.49 |
| Sep 30, 2024 | 0.48 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.34 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.32 |
| Mar 31, 2023 | 0.32 |
| Dec 31, 2022 | 0.31 |
| Sep 30, 2022 | 0.33 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | 0.37 |
| Dec 31, 2021 | 0.24 |
| Sep 30, 2021 | 0.18 |
| Jun 30, 2021 | 0.18 |
Digital Turbine Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=APPS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "APPS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=APPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();