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| 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 |