Doubledown Interactive Co., Ltd. Financials

DDI

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE March

This page shows Doubledown Interactive Co., Ltd. (DDI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 79/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Doubledown Interactive Co., Ltd.'s revenue surged 16.5% year-over-year to $359.9M, reflecting rapid business expansion. This strong growth earns a score of 61/100.

Leverage

100

Doubledown Interactive Co., Ltd. carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

100

With a current ratio of 7.74, Doubledown Interactive Co., Ltd. holds $7.74 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow

100

Doubledown Interactive Co., Ltd. converts 38.0% of revenue into free cash flow ($136.6M). This strong cash generation earns a score of 100/100.

Returns

Doubledown Interactive Co., Ltd.'s ROE of 10.8% shows moderate profitability relative to equity, earning a score of 35/100. This is down from 13.9% the prior year.

Piotroski F-Score Neutral

5/9

Doubledown Interactive Co., Ltd. passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.33x

For every $1 of reported earnings, Doubledown Interactive Co., Ltd. generates $1.33 in operating cash flow ($136.8M OCF vs $102.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$359.9M

YoY+16.5%

5Y CAGR+5.6%

Doubledown Interactive Co., Ltd. generated $359.9M in revenue in fiscal year 2025. This represents an increase of 16.5% from the prior year.

EBITDA

N/A

Net Income

$102.7M

YoY+1.8%

5Y CAGR+23.1%

Doubledown Interactive Co., Ltd. reported $102.7M in net income in fiscal year 2025. This represents an increase of 1.8% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

$136.6M

YoY+561.9%

5Y CAGR+12.3%

Doubledown Interactive Co., Ltd. generated $136.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 561.9% from the prior year.

Cash & Debt

$388.9M

YoY+88.0%

5Y CAGR+55.8%

Doubledown Interactive Co., Ltd. held $388.9M in cash against $3.3M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

YoY+0.0%

Doubledown Interactive Co., Ltd. had 2M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

28.5%

YoY-4.1pp

5Y CAGR+15.2pp

Doubledown Interactive Co., Ltd.'s net profit margin was 28.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.1 percentage points from the prior year.

Return on Equity

10.8%

YoY-3.1pp

5Y CAGR+1.3pp

Doubledown Interactive Co., Ltd.'s ROE was 10.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 3.1 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$190K

YoY-4.0%

5Y CAGR-1.0%

Doubledown Interactive Co., Ltd. invested $190K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 4.0% from the prior year.

DDI Income Statement

Metric	FY25	FY23	FY22	FY21	FY20	FY19
Revenue	$359.9M+16.5%	$308.9M-3.8%	$321.0M-11.6%	$363.2M+1.4%	$358.3M+31.0%	$273.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	$19.1M+5.2%	$18.2M-1.7%	$18.5M-1.6%	$18.8M-2.4%	$19.2M
SG&A Expenses	N/A	$22.1M+10.2%	$20.1M+4.8%	$19.1M-11.9%	$21.7M+26.3%	$17.2M
Operating Income	N/A	$118.2M+137.7%	-$313.9M-417.9%	$98.7M+11.2%	$88.8M+30.0%	$68.3M
Interest Expense	$278K-84.5%	$1.8M-1.8%	$1.8M-9.0%	$2.0M-81.4%	$10.8M-59.4%	$26.6M
Income Tax	$37.2M+23.0%	$30.2M+142.4%	-$71.2M-416.3%	$22.5M+4.2%	$21.6M+59.5%	$13.5M
Net Income	$102.7M+1.8%	$100.9M+143.1%	-$234.0M-399.6%	$78.1M+45.7%	$53.6M+47.6%	$36.3M
EPS (Diluted)	N/A	$40.72+143.1%	$-94.43-378.5%	$33.91+29.4%	$26.20+19.8%	$21.87

Metric	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$83.0M-6.0%	$88.2M+0.1%	$88.1M+6.1%	$83.1M+13.9%	$73.0M-2.9%	$75.2M-3.1%	$77.6M+1.9%	$76.2M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$2.5M-20.5%	$3.2M-2.0%	$3.3M-30.1%	$4.7M+6.8%	$4.4M-14.0%	$5.1M+0.5%	$5.0M+12.6%	$4.5M
SG&A Expenses	$10.7M+6.3%	$10.1M-7.0%	$10.9M+43.5%	$7.6M+63.1%	$4.6M+2.3%	$4.5M-15.0%	$5.3M+107.9%	-$67.2M
Operating Income	$35.2M-2.6%	$36.2M+16.5%	$31.1M-12.8%	$35.6M+19.9%	$29.7M+7.8%	$27.5M+8.4%	$25.4M+110.4%	-$245.2M
Interest Expense	$457K+7.3%	$426K+4.2%	$409K-10.5%	$457K+3.2%	$443K+1.6%	$436K-5.6%	$462K-2.9%	$476K
Income Tax	$8.8M-6.2%	$9.4M+17.3%	$8.0M-1.3%	$8.1M+3.9%	$7.8M+3.1%	$7.6M+11.9%	$6.8M+111.2%	-$60.3M
Net Income	$25.0M-24.5%	$33.2M+9.5%	$30.3M+16.9%	$25.9M-3.7%	$26.9M+10.6%	$24.4M+2.9%	$23.7M+112.2%	-$194.4M
EPS (Diluted)	$10.11-24.5%	$13.39+9.5%	$12.23	N/A	$10.87+10.6%	$9.83+2.9%	$9.55	N/A

DDI Balance Sheet

Metric	FY25	FY23	FY22	FY21	FY20	FY19
Total Assets	$1.0B+29.5%	$803.3M+1.4%	$792.1M-18.3%	$969.8M+20.2%	$806.8M-1.1%	$815.4M
Current Assets	$527.6M+67.1%	$315.8M+0.9%	$312.9M+15.6%	$270.8M+199.2%	$90.5M+37.4%	$65.9M
Cash & Equivalents	$388.9M+88.0%	$206.9M-4.8%	$217.4M-10.2%	$242.1M+283.1%	$63.2M+49.0%	$42.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$32.0M	N/A	N/A	N/A	N/A	N/A
Goodwill	$426.7M+7.6%	$396.7M+4.7%	$379.1M-40.2%	$634.0M0.0%	$634.0M0.0%	$634.0M
Total Liabilities	$90.2M+19.5%	$75.5M-54.5%	$165.8M+56.5%	$105.9M-1.3%	$107.3M-75.3%	$434.7M
Current Liabilities	$68.1M-0.5%	$68.5M-41.2%	$116.5M+459.9%	$20.8M-18.9%	$25.6M-49.2%	$50.5M
Long-Term Debt	$3.3M	$0-100.0%	$39.5M-6.5%	$42.2M-8.2%	$46.0M-86.6%	$342.5M
Total Equity	$950.4M+30.6%	$727.7M+16.2%	$626.2M-27.5%	$863.9M+23.5%	$699.5M+83.8%	$380.7M
Retained Earnings	$574.6M+75.6%	$327.3M+44.6%	$226.4M+53.2%	$147.8M+112.1%	$69.7M+333.4%	$16.1M

Metric	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$879.8M+3.2%	$852.6M+2.6%	$831.0M+3.4%	$803.3M+5.6%	$760.6M+2.7%	$740.7M-8.7%	$811.3M+2.4%	$792.1M
Current Assets	$415.9M+9.2%	$380.9M+7.7%	$353.7M+12.0%	$315.8M+3.4%	$305.3M+10.2%	$277.2M-18.4%	$339.7M+8.6%	$312.9M
Cash & Equivalents	$292.7M+8.7%	$269.2M+28.3%	$209.9M+1.4%	$206.9M-11.6%	$233.9M+26.8%	$184.5M-26.5%	$250.9M+15.5%	$217.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$396.9M+0.2%	$396.2M0.0%	$396.4M-0.1%	$396.7M+4.7%	$379.1M0.0%	$379.1M0.0%	$379.1M0.0%	$379.1M
Total Liabilities	$64.2M-3.2%	$66.3M-12.4%	$75.7M+0.3%	$75.5M+20.3%	$62.7M-7.7%	$67.9M-58.3%	$162.8M-1.8%	$165.8M
Current Liabilities	$19.6M-4.0%	$20.4M-70.2%	$68.4M-0.2%	$68.5M+29.8%	$52.8M-8.5%	$57.7M-49.6%	$114.4M-1.8%	$116.5M
Long-Term Debt	$37.9M+5.3%	$36.0M	$0	$0	$0	$0-100.0%	$38.3M-2.8%	$39.5M
Total Equity	$815.5M+3.7%	$786.2M+4.1%	$755.2M+3.8%	$727.7M+4.3%	$697.9M+3.7%	$672.8M+3.7%	$648.6M+3.6%	$626.2M
Retained Earnings	$415.8M+6.4%	$390.8M+9.3%	$357.6M+9.3%	$327.3M+8.6%	$301.3M+9.8%	$274.4M+9.7%	$250.1M+10.5%	$226.4M

DDI Cash Flow Statement

Metric	FY25	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$136.8M+556.5%	$20.8M-59.0%	$50.8M-47.2%	$96.1M-3.8%	$99.8M+30.2%	$76.7M
Capital Expenditures	$190K-4.0%	$198K-26.4%	$269K+30.0%	$207K-4.6%	$217K+8.5%	$200K
Free Cash Flow	$136.6M+561.9%	$20.6M-59.2%	$50.5M-47.3%	$95.9M-3.7%	$99.6M+30.3%	$76.5M
Investing Cash Flow	-$81.7M-169.9%	-$30.3M+55.4%	-$67.8M-3655.8%	-$1.8M+17.0%	-$2.2M-987.5%	-$200K
Financing Cash Flow	-$1.4M	$0	$0-100.0%	$86.0M+212.8%	-$76.3M-23.4%	-$61.8M
Dividends Paid	$85K	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$31.8M-7.4%	$34.4M-1.5%	$34.9M+17.5%	$29.7M+3.5%	$28.7M+150.5%	-$56.8M-395.5%	$19.2M+192.0%	-$20.9M
Capital Expenditures	$275K+13650.0%	$2K-85.7%	$14K-44.0%	$25K-54.5%	$55K-29.5%	$78K+95.0%	$40K-61.9%	$105K
Free Cash Flow	$31.6M-8.2%	$34.4M-1.5%	$34.9M+17.6%	$29.7M+3.6%	$28.7M+150.4%	-$56.9M-396.6%	$19.2M+191.3%	-$21.0M
Investing Cash Flow	-$10.4M-138.2%	$27.2M+185.0%	-$31.9M+44.1%	-$57.2M-360.9%	$21.9M+333.5%	-$9.4M-165.3%	$14.4M+121.3%	-$67.5M
Financing Cash Flow	-$171K-14.8%	-$149K	$0	$0	$0	$0	$0	$0
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

DDI Financial Ratios

Metric	FY25	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	38.3%+136.0pp	-97.8%-125.0pp	27.2%+2.4pp	24.8%-0.2pp	25.0%
Net Margin	28.5%-4.1pp	32.7%+105.5pp	-72.9%-94.4pp	21.5%+6.6pp	15.0%+1.7pp	13.3%
Return on Equity	10.8%-3.1pp	13.9%+51.2pp	-37.4%-46.4pp	9.0%+1.4pp	7.7%-1.9pp	9.5%
Return on Assets	9.9%-2.7pp	12.6%+42.1pp	-29.5%-37.6pp	8.1%+1.4pp	6.7%+2.2pp	4.5%
Current Ratio	7.74+3.1	4.61+1.9	2.69-10.3	13.01+9.5	3.53+2.2	1.30
Debt-to-Equity	0.000.0	0.00-0.1	0.06+0.0	0.05-0.0	0.07-0.8	0.90
FCF Margin	38.0%+31.3pp	6.7%-9.1pp	15.7%-10.7pp	26.4%-1.4pp	27.8%-0.2pp	28.0%

Metric	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	42.5%+1.5pp	41.0%+5.8pp	35.2%-7.6pp	42.8%+2.2pp	40.7%+4.1pp	36.6%+3.9pp	32.7%+354.7pp	-322.0%
Net Margin	30.2%-7.4pp	37.6%+3.2pp	34.4%+3.2pp	31.2%-5.7pp	36.9%+4.5pp	32.4%+1.9pp	30.5%+285.8pp	-255.2%
Return on Equity	3.1%-1.1pp	4.2%+0.2pp	4.0%+0.4pp	3.6%-0.3pp	3.9%+0.2pp	3.6%-0.0pp	3.6%+34.7pp	-31.1%
Return on Assets	2.9%-1.0pp	3.9%+0.2pp	3.6%+0.4pp	3.2%-0.3pp	3.5%+0.3pp	3.3%+0.4pp	2.9%+27.5pp	-24.6%
Current Ratio	21.25+2.6	18.68+13.5	5.18+0.6	4.61-1.2	5.79+1.0	4.80+1.8	2.97+0.3	2.69
Debt-to-Equity	0.050.0	0.05+0.0	0.000.0	0.000.0	0.000.0	0.00-0.1	0.060.0	0.06
FCF Margin	38.0%-0.9pp	39.0%-0.6pp	39.6%+3.9pp	35.7%-3.5pp	39.3%+115.0pp	-75.7%-100.4pp	24.7%+52.3pp	-27.6%

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Frequently Asked Questions

What is Doubledown Interactive Co., Ltd.'s annual revenue?

Doubledown Interactive Co., Ltd. (DDI) reported $359.9M in total revenue for fiscal year 2025. This represents a 16.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Doubledown Interactive Co., Ltd.'s revenue growing?

Doubledown Interactive Co., Ltd. (DDI) revenue grew by 16.5% year-over-year, from $308.9M to $359.9M in fiscal year 2025.

Is Doubledown Interactive Co., Ltd. profitable?

Yes, Doubledown Interactive Co., Ltd. (DDI) reported a net income of $102.7M in fiscal year 2025, with a net profit margin of 28.5%.

How much debt does Doubledown Interactive Co., Ltd. have?

As of fiscal year 2025, Doubledown Interactive Co., Ltd. (DDI) had $388.9M in cash and equivalents against $3.3M in long-term debt.

What is Doubledown Interactive Co., Ltd.'s net profit margin?

Doubledown Interactive Co., Ltd. (DDI) had a net profit margin of 28.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Doubledown Interactive Co., Ltd.'s return on equity (ROE)?

Doubledown Interactive Co., Ltd. (DDI) has a return on equity of 10.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Doubledown Interactive Co., Ltd.'s free cash flow?

Doubledown Interactive Co., Ltd. (DDI) generated $136.6M in free cash flow during fiscal year 2025. This represents a 561.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Doubledown Interactive Co., Ltd.'s operating cash flow?

Doubledown Interactive Co., Ltd. (DDI) generated $136.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Doubledown Interactive Co., Ltd.'s total assets?

Doubledown Interactive Co., Ltd. (DDI) had $1.0B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Doubledown Interactive Co., Ltd.'s capital expenditures?

Doubledown Interactive Co., Ltd. (DDI) invested $190K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Doubledown Interactive Co., Ltd. have outstanding?

Doubledown Interactive Co., Ltd. (DDI) had 2M shares outstanding as of fiscal year 2025.

What is Doubledown Interactive Co., Ltd.'s current ratio?

Doubledown Interactive Co., Ltd. (DDI) had a current ratio of 7.74 as of fiscal year 2025, which is generally considered healthy.

What is Doubledown Interactive Co., Ltd.'s debt-to-equity ratio?

Doubledown Interactive Co., Ltd. (DDI) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Doubledown Interactive Co., Ltd.'s return on assets (ROA)?

Doubledown Interactive Co., Ltd. (DDI) had a return on assets of 9.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Doubledown Interactive Co., Ltd.'s Piotroski F-Score?

Doubledown Interactive Co., Ltd. (DDI) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Doubledown Interactive Co., Ltd.'s earnings high quality?

Doubledown Interactive Co., Ltd. (DDI) has an earnings quality ratio of 1.33x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Doubledown Interactive Co., Ltd.?

Doubledown Interactive Co., Ltd. (DDI) scores 79 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.