Digital Turbine (APPS) Debt to Equity (2011 - 2025)
Digital Turbine's quarterly Debt to Equity came in at $1.82 in Q4 2025, down 26.9% year-on-year from $2.5 in Q4 2024, and down 31.85% quarter-over-quarter from $2.68 in Q3 2025.
Digital Turbine has reported Debt to Equity for 14 years, with the latest figure at $1.82 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity fell 26.9% year-over-year to $1.82; the trailing twelve-month figure through Dec 2025 stood at $1.82 (down 26.9% YoY), and the FY2025 full-year result was $2.65, up 48.08% from the prior year.
- Debt to Equity for Q4 2025 stood at $1.82, down from $2.68 in the prior quarter.
- The five-year high for Debt to Equity was $2.68 in Q3 2025, with the low at $0.1 in Q1 2021.
- Average Debt to Equity over 5 years is $1.33, with a median of $0.85 recorded in 2023.
- Year-over-year, Debt to Equity slumped 60.55% in 2021 and surged 933.11% in 2022.
- Tracing APPS's Debt to Equity over 5 years: stood at $0.73 in 2021, then declined by 4.75% to $0.7 in 2022, then advanced by 20.35% to $0.84 in 2023, then surged by 197.35% to $2.5 in 2024, then retreated 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 | 253.17 Bn | 235.20 Bn | 8.16 Bn | 0.13 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.24 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 0.42 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 0.44 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 0.07 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.63 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.30 |
| 10 | Digital Turbine | 527.44 Mn | 487.02 Mn | 137.07 Mn | 1.82 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2020 | 0.17 |
| Sep 30, 2020 | 0.20 |
| Jun 30, 2020 | 0.39 |
| Mar 31, 2020 | 0.25 |
| Dec 31, 2019 | 0.11 |
| Sep 30, 2019 | 0.17 |
| Dec 31, 2018 | 0.15 |
| Sep 30, 2018 | 0.15 |
| Jun 30, 2018 | 0.19 |
| Mar 31, 2018 | 0.19 |
| Dec 31, 2017 | 0.12 |
| Sep 30, 2017 | 0.14 |
| Jun 30, 2017 | 0.20 |
| Mar 31, 2017 | 0.16 |
| Dec 31, 2016 | 0.14 |
| Sep 30, 2016 | 0.13 |
| Jun 30, 2016 | 0.14 |
| Mar 31, 2016 | 0.13 |
| Dec 31, 2015 | 0.12 |
| Sep 30, 2015 | 0.14 |
| Jun 30, 2015 | 0.13 |
| Mar 31, 2015 | 0.12 |
| Dec 31, 2013 | 0.00 |
| Sep 30, 2013 | 0.00 |
| Jun 30, 2013 | 1.60 |
| Mar 31, 2013 | 6.82 |
| Dec 31, 2012 | 1.54 |
| Sep 30, 2012 | 1.08 |
| Jun 30, 2012 | 0.67 |
| Mar 31, 2012 | 0.55 |
| Dec 31, 2011 | -0.34 |
| Sep 30, 2011 | 4.48 |
| Jun 30, 2011 | 2.11 |
| Mar 31, 2011 | 1.81 |