Direct Digital Holdings (DRCT) Invested Capital (2021 - 2026)
Direct Digital Holdings (DRCT) reported Invested Capital of $3.65 million for Q2 2026, down 72.9% from $13.47 million a year earlier and down 47.6% from the prior quarter.
Direct Digital Holdings (DRCT) Invested Capital (2021 - 2026) Analysis & Trends
For FY2025, Direct Digital Holdings posted Invested Capital of $5.13 million, down 67.1% from FY2024.
- Invested Capital has declined for three consecutive years, with a four-year compound annual growth rate of -28.4% (FY2021 to FY2025).
- By year, Invested Capital came in at $15.57 million in FY2024 (-36.8%), $24.64 million in FY2023 (-16.0%), $29.31 million in FY2022 (+50.1%) and $19.53 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Invested Capital in data going back to Q4 2021.
- Year over year, Invested Capital has now declined in each of the last 12 quarters, with an average decline of 50.5% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q4 2022 (growth of 50.1%); the low point was Q2 2026 (a decline of 72.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.97 million (Q1 2026), $5.13 million (Q4 2025) and $9.05 million (Q3 2025).
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 | Direct Digital Holdings | 1.16 Mn | -7.15 Mn | 2.66 Mn | 3.65 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.65 Mn |
| Mar 31, 2026 | 6.97 Mn |
| Dec 31, 2025 | 5.13 Mn |
| Sep 30, 2025 | 9.05 Mn |
| Jun 30, 2025 | 13.47 Mn |
| Mar 31, 2025 | 13.69 Mn |
| Dec 31, 2024 | 15.57 Mn |
| Sep 30, 2024 | 20.09 Mn |
| Jun 30, 2024 | 26.16 Mn |
| Mar 31, 2024 | 26.30 Mn |
| Dec 31, 2023 | 24.64 Mn |
| Sep 30, 2023 | 27.33 Mn |
| Jun 30, 2023 | 28.52 Mn |
| Mar 31, 2023 | 27.89 Mn |
| Dec 31, 2022 | 29.31 Mn |
| Sep 30, 2022 | 28.60 Mn |
| Jun 30, 2022 | 24.41 Mn |
| Mar 31, 2022 | 21.51 Mn |
| Dec 31, 2021 | 19.53 Mn |
Direct Digital Holdings 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=DRCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "DRCT", "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=DRCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();