Direct Digital Holdings (DRCT) Balance Sheet: Assets & Liabilities

Direct Digital Holdings (DRCT) Balance Sheet

As of Mar 31, 2026 (end of fiscal 2025), Direct Digital Holdings reported total assets of $20.16M and total liabilities of $27.18M. Shareholders' equity was negative at −$1.91M, meaning liabilities exceed assets. Total debt stood at $12.98M against $728.00K in cash and short-term investments, a net debt position of $12.25M.

Direct Digital Holdings Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Direct Digital Holdings, Inc. (DRCT) - Annual data in millions USD
Breakdown	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Mar 2026	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Current Assets
Cash and Cash Equivalents	0.73	0.73	1.45	5.12	4.05	4.68	1.61	0.88
Cash & Short-Term Investments	0.73	0.73	1.45	5.12	4.05	4.68	1.61	0.88
Accounts Receivable	3.13	3.13	4.97	37.21	26.35	7.87	4.68	0.83
Inventory	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.89	0.35	0.19	0.76	0.88	1.23	0.22	0.07
Total Current Assets	4.74	4.74	8.54	43.08	31.28	13.78	6.51	1.78
Non-Current Assets
Property, Plant & Equipment (Net)	0.87	0.87	1.17	1.39	1.47	0.00	0.00	0.00
Long-Term Investments	0.00	-	0.00	0.00	0.00	0.00	0.00	0.37
Goodwill	6.52	6.52	6.52	6.52	6.52	6.52	6.52	2.42
Intangible Assets	7.85	7.85	9.73	11.68	13.64	15.59	17.55	0.00
Other Non-Current Assets	0.17	0.17	0.05	1.87	0.05	0.01	0.03	-0.36
Total Non-Current Assets	15.41	15.41	17.47	27.59	26.84	22.22	24.18	2.44
Total Assets	20.16	20.16	26.01	70.67	58.13	36.00	30.70	4.22
Current Liabilities
Accounts Payable	7.82	7.82	7.66	33.93	17.70	6.71	3.26	3.10
Short-Term Debt	12.22	12.00	3.70	1.60	0.66	0.62	1.52	0.00
Current Portion of Long-Term Debt	-	12.00	3.70	1.48	0.66	0.55	1.52	-
Accrued Liabilities	-	5.37	0.93	0.84	0.65	0.64	0.89	-
Deferred Revenue	0.51	0.51	0.51	0.38	0.55	1.35	0.31	0.04
Other Current Liabilities	5.87	0.04	0.04	3.86	0.18	1.04	0.65	0.98
Total Current Liabilities	26.43	26.43	13.35	39.80	24.57	9.72	6.63	4.12
Non-Current Liabilities
Long-Term Debt	0.75	0.15	31.60	29.35	23.06	20.20	21.69	1.25
Other Non-Current Liabilities	0.00	-	0.00	5.20	4.15	6.46	9.91	0.12
Total Non-Current Liabilities	0.75	0.75	32.39	34.55	27.96	26.65	21.69	1.38
Total Liabilities	27.18	27.18	45.74	74.35	52.53	36.37	28.33	5.49
Stockholders' Equity
Common Stock	0.00	0.00	0.02	0.01	0.01	4.29	4.29	0.00
Retained Earnings	-27.72	-27.72	-8.77	-2.54	-0.34	-4.67	-1.93	-0.90
Accumulated Other Comprehensive Income	0.00	-	0.00	0.00	0.00	0.00	0.00	-0.37
Additional Paid-in Capital	25.81	25.81	3.79	3.07	2.61	0.00	0.00	0.00
Minority Interest	-5.12	-5.12	-14.74	-4.23	3.31	0.00	0.00	0.00
Shares Outstanding	-	0.33	0.02	0.02	0.01	0.07	-	-
Total Stockholders' Equity	-1.91	-1.91	-4.99	0.54	2.28	-0.37	2.37	-1.27
Total Liabilities & Equity	20.16	20.16	26.01	70.67	58.13	36.00	30.70	4.22

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Direct Digital Holdings Balance Sheet

How much debt does Direct Digital Holdings have?

Direct Digital Holdings had total debt of $12.98M as of Mar 31, 2026, against $728.00K in cash and short-term investments. Total debt was $35.30M a year earlier.

What are Direct Digital Holdings's total assets?

Direct Digital Holdings reported total assets of $20.16M as of Mar 31, 2026, down 22.5% from $26.01M a year earlier. Total liabilities were $27.18M.

What is Direct Digital Holdings's shareholders' equity?

Direct Digital Holdings's shareholders' equity was negative at −$1.91M as of Mar 31, 2026, so its liabilities exceeded its assets.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition