Digital Turbine (APPS) Debt to Equity (2011 - 2025)

Digital Turbine (APPS) recorded quarterly Debt to Equity of $1.82 in Q4 2025, down 31.85% quarter-over-quarter from $2.68 in Q3 2025, and down 26.9% on a YoY basis from $2.5 in Q4 2024.

Digital Turbine (APPS) Debt to Equity (2011 - 2025) Analysis & Trends

Digital Turbine's Debt to Equity history runs 14 years deep, the most recent figure standing at $1.82 for Q4 2025.

  • In Q4 2025, Debt to Equity fell 26.9% year-over-year to $1.82; the TTM figure through Dec 2025 stood at $1.82 (down 26.9% YoY), while the FY2025 annual figure was $2.65, up 48.08% from the prior year.
  • Debt to Equity was $1.82 for Q4 2025 at Digital Turbine, down from $2.68 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $2.68 in Q3 2025 to a low of $0.1 in Q1 2021.
  • Historically, Debt to Equity has averaged $1.33 across 5 years, with a median of $0.85 in 2023.
  • The sharpest annual moves came in 2021 and 2022: Debt to Equity slumped 60.55% in 2021, then soared 933.11% in 2022.
  • A 5-year view of Debt to Equity shows it stood at $0.73 in 2021, then dropped by 4.75% to $0.7 in 2022, then gained by 20.35% to $0.84 in 2023, then jumped by 197.35% to $2.5 in 2024, then fell by 26.9% to $1.82 in 2025.
  • The last three Debt to Equity figures came in at $1.82 (Q4 2025), $2.68 (Q3 2025), and $2.63 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 0.13
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 0.00
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.42
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 1.15
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.44
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn -
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.63
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.16
10 Digital Turbine 1.04 Bn 994.73 Mn 137.07 Mn 1.82

Historic Data

Download Data
DateValue
Dec 31, 2025 1.82
Sep 30, 2025 2.68
Jun 30, 2025 2.63
Mar 31, 2025 2.65
Dec 31, 2024 2.50
Sep 30, 2024 2.24
Jun 30, 2024 2.01
Mar 31, 2024 1.79
Dec 31, 2023 0.84
Sep 30, 2023 0.86
Jun 30, 2023 0.68
Mar 31, 2023 0.68
Dec 31, 2022 0.70
Sep 30, 2022 0.77
Jun 30, 2022 0.82
Mar 31, 2022 1.04
Dec 31, 2021 0.73
Sep 30, 2021 0.53
Jun 30, 2021 0.51
Mar 31, 2021 0.10