Digital Turbine (APPS) Invested Capital (2011 - 2026)
Digital Turbine (APPS) recorded Invested Capital of $561.3 million in fiscal Q4 2026 (quarter ended Mar 31, 2026), down 1.7% from $570.82 million a year earlier but up 2.1% from the prior quarter.
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Analysis
Digital Turbine (APPS) Invested Capital (2011 - 2026) Analysis & Trends
Starting with fiscal Q4 2011, Digital Turbine's Invested Capital history includes 54 quarters.
- Annual Invested Capital has declined for four straight fiscal years, though with a five-year compound annual growth rate of 28.6% (FY2021 to FY2026).
- Across earlier fiscal years, Invested Capital came in at $570.82 million in FY2025 (-4.5%), $597.42 million in FY2024 (-41.2%), $1.02 billion in FY2023 (-3.1%) and $1.05 billion in FY2022 (+556.3%).
- Quarterly Invested Capital has ranged from $544.57 million in fiscal Q2 2026 to $1.05 billion in fiscal Q1 2023 over the past five years.
- On a year-over-year basis, Invested Capital has declined for 13 consecutive quarters, with an average decline of 15.4% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 594.7% in fiscal Q1 2022, against a decline of 41.3% in fiscal Q1 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $549.57 million (Q3 2026), $544.57 million (Q2 2026) and $560.97 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 738.65 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 344.89 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 44.46 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | 187.69 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 40.94 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 9.40 Bn |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | - |
| 10 | Digital Turbine | 1.33 Bn | 1.18 Bn | - | 561.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 561.30 Mn |
| Dec 31, 2025 | 549.57 Mn |
| Sep 30, 2025 | 544.57 Mn |
| Jun 30, 2025 | 560.97 Mn |
| Mar 31, 2025 | 570.82 Mn |
| Dec 31, 2024 | 571.72 Mn |
| Sep 30, 2024 | 589.99 Mn |
| Jun 30, 2024 | 589.74 Mn |
| Mar 31, 2024 | 597.42 Mn |
| Dec 31, 2023 | 819.73 Mn |
| Sep 30, 2023 | 831.67 Mn |
| Jun 30, 2023 | 1.00 Bn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | 1.03 Bn |
| Sep 30, 2022 | 1.03 Bn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 1.05 Bn |
| Dec 31, 2021 | 837.78 Mn |
| Sep 30, 2021 | 743.62 Mn |
| Jun 30, 2021 | 757.26 Mn |
API Access
Digital Turbine Invested Capital 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=invested-capital&ticker=APPS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=APPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();