Digital Turbine, Inc.
Digital Turbine, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 38 | 40 | 39 | 34 | 40 | 35 | 33 | 36 | 34 | 49 | 58 | 59 | |||||
Restricted Cash And Cash Equivalents At Carrying V… | - | - | - | - | - | - | - | - | - | 1 | 1 | 1 | |||||
Accounts Receivable Net Current | 251 | 245 | 206 | 204 | 182 | 200 | 192 | 198 | 191 | 217 | 196 | 204 | |||||
Prepaid Expense And Other Assets Current | - | - | - | - | - | - | - | - | - | 21 | 16 | 15 | |||||
Prepaid Expense Current | 6 | 8 | 6 | 6 | 7 | 7 | 7 | 7 | 8 | - | - | - | |||||
Value Added Tax Receivable Current | 4 | 11 | 10 | 9 | 8 | - | - | - | 5 | - | - | - | |||||
Other Assets Current | 12 | 14 | 8 | 7 | 6 | 12 | 12 | 12 | 5 | - | - | - | |||||
Assets Current | 312 | 318 | 269 | 260 | 243 | 254 | 244 | 253 | 242 | 287 | 270 | 278 | |||||
Property Plant And Equipment Net | 49 | 49 | 48 | 45 | 47 | 50 | 48 | 46 | 46 | 44 | 45 | 42 | |||||
Operating Lease Right Of Use Asset | 8 | 8 | 8 | 10 | 10 | 11 | 11 | 9 | 9 | 10 | 8 | 9 | |||||
Intangible Assets Net Excluding Goodwill | 217 | 227 | 236 | 246 | 258 | 270 | 286 | 298 | 314 | 331 | 345 | 363 | |||||
Goodwill | 223 | 224 | 224 | 224 | 222 | 221 | 221 | 220 | 220 | 411 | 409 | 559 | |||||
Other Assets Noncurrent | 32 | 33 | 33 | 34 | 34 | 34 | 34 | 35 | 35 | 25 | 14 | 11 | |||||
Assets | 842 | 858 | 819 | 818 | 813 | 840 | 844 | 860 | 866 | 1,107 | 1,091 | 1,261 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 133 | 128 | 112 | 113 | 140 | 148 | 148 | 171 | 159 | 160 | 140 | 138 | |||||
Accrued Liabilities Current | 87 | 94 | 80 | 80 | 35 | 34 | 30 | 26 | 34 | 66 | 55 | 50 | |||||
Employee Related Liabilities Current | 22 | 17 | 13 | 10 | 8 | 8 | 7 | 7 | 7 | 8 | 9 | 10 | |||||
Long Term Debt Current | 7 | 5 | 3 | - | 0 | - | - | - | - | - | - | - | |||||
Other Liabilities Current | 18 | 44 | 35 | 34 | 38 | 48 | 39 | 36 | 36 | 35 | 41 | 30 | |||||
Liabilities Current | 268 | 288 | 245 | 238 | 223 | 240 | 224 | 240 | 236 | 269 | 245 | 228 | |||||
Long Term Debt Noncurrent | 354 | 350 | 394 | 401 | 409 | 408 | 408 | 394 | 383 | 374 | 384 | 406 | |||||
Derivative Liabilities | 2 | 4 | 6 | - | 0 | - | - | - | - | - | - | - | |||||
Deferred Income Tax Liabilities Net | 16 | 12 | 17 | 17 | 16 | 15 | 17 | 18 | 20 | 5 | 3 | 16 | |||||
Other Liabilities Noncurrent | 9 | 9 | 10 | 10 | 11 | 13 | 13 | 12 | 12 | 14 | 12 | 13 | |||||
Liabilities | 649 | 664 | 671 | 666 | 659 | 676 | 662 | 664 | 652 | 661 | 643 | 663 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 969 | 965 | 920 | 901 | 893 | 884 | 876 | 867 | 858 | 851 | 843 | 831 | |||||
Treasury Stock Value | - | - | - | - | - | - | - | - | - | - | -0 | -0 | |||||
Treasury Stock Common Value | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | - | - | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -52 | -53 | -49 | -47 | -51 | -52 | -48 | -50 | -49 | -46 | -50 | -49 | |||||
Minority Interest | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |||||
Retained Earnings Accumulated Deficit | -725 | -718 | -723 | -702 | -687 | -669 | -645 | -620 | -595 | -359 | -345 | -183 | |||||
Stockholders Equity | 192 | 195 | 148 | 152 | 154 | 164 | 182 | 196 | 214 | 446 | 448 | 599 | |||||
Liabilities And Stockholders Equity | 842 | 858 | 819 | 818 | 813 | 840 | 844 | 860 | 866 | 1,107 | 1,091 | 1,261 | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Liquidation Preference Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | |||||
Common Stock Shares Issued | 242 | 241 | 225 | 217 | 213 | 211 | 209 | 207 | 206 | 205 | 204 | 202 | |||||
Shares Outstanding | 241 | 239 | 224 | 216 | 212 | 210 | 207 | 205 | 204 | 203 | 202 | 201 | |||||
Treasury Stock Common Shares | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -22.79% | -0.74% | 22.43% | -19.09% | -11.82% | -10.98% | -17.81% | -41.09% | -29.96% | 79.00% | 73.39% | - |
| 2025 | 80.90% | 76.40% | 73.03% | -55.56% | -42.59% | -24.07% | 35.04% | 11.81% | 33.46% | 5.61% | -9.56% | -7.28% |
| 2024 | -12.73% | -40.28% | -53.11% | -0.59% | 34.51% | 12.16% | -36.31% | -48.02% | -63.89% | -34.82% | -3.12% | 62.95% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.16 | 1.10 | 1.10 | 1.09 | 1.09 | 1.06 | 1.09 | 1.05 | 1.03 | 1.07 | 1.10 | 1.22 | |||||
| Quick Ratio | 1.14 | 1.08 | 1.08 | 1.07 | 1.06 | 1.03 | 1.06 | 1.02 | 0.99 | 0.99 | 1.04 | 1.15 | |||||
| Working Capital | 43.57M | 29.93M | 24.47M | 22.52M | 20.25M | 13.88M | 20.26M | 12.31M | 6.32M | 18.63M | 24.98M | 49.84M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 3.38 | 3.41 | 4.53 | 4.37 | 4.28 | 4.13 | 3.63 | 3.39 | 3.05 | 1.48 | 1.44 | 1.11 | |||||
| Interest Coverage TTM | 0.58 | 0.26 | -0.58 | -1.17 | -1.55 | -7.61 | -7.56 | -12.17 | -12.14 | -5.85 | -5.35 | 0.64 | |||||
| Debt Ratio | 0.77 | 0.77 | 0.82 | 0.81 | 0.81 | 0.81 | 0.78 | 0.77 | 0.75 | 0.60 | 0.59 | 0.53 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.68 | 0.64 | 0.63 | 0.60 | 0.58 | 0.50 | 0.51 | 0.49 | 0.51 | 0.47 | 0.48 | 0.47 | |||||
| Days Sales Outstanding TTM | 139.80 | 149.82 | 138.16 | 145.69 | 138.70 | 157.28 | 143.73 | 142.12 | 123.75 | 142.92 | 139.08 | 135.06 | |||||
| Receivables Turnover TTM | 2.61 | 2.44 | 2.64 | 2.51 | 2.63 | 2.32 | 2.54 | 2.57 | 2.95 | 2.55 | 2.62 | 2.70 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.33 | -0.41 | -0.71 | -0.76 | -0.89 | -2.97 | -2.92 | -4.27 | -4.16 | -1.95 | -1.78 | -0.06 | |||||
| Free Cash Flow Per Share TTM | 0.37 | 0.42 | 0.41 | 0.21 | 0.11 | -0.11 | -0.10 | 0.25 | 0.28 | 0.55 | 0.75 | 0.75 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 56.90% | 55.92% | 53.46% | 52.80% | 52.03% | 51.27% | 51.98% | 51.86% | 51.84% | 51.03% | 52.15% | 53.26% | |||||
| Operating Profit Margin TTM | 6.02% | 2.18% | -4.30% | -8.47% | -11.02% | -51.74% | -50.19% | -74.75% | -68.77% | -30.70% | -26.46% | 2.73% | |||||
| Net Profit Margin TTM | -6.68% | -9.08% | -14.75% | -16.10% | -18.78% | -64.06% | -61.17% | -84.71% | -77.18% | -34.52% | -30.31% | -1.00% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 15.24% | 12.05% | 6.82% | -2.45% | -9.91% | -15.51% | -16.97% | -17.24% | -18.24% | -19.38% | -22.55% | -19.85% | |||||
| Net Income Growth (1Y) | -59.03% | -84.11% | -74.24% | -81.46% | -78.08% | 56.79% | 67.57% | 6,876.30% | -2,590.98% | -488.58% | -433.57% | -117.29% | |||||
| EPS Growth (1Y) | -62.36% | -85.73% | -75.68% | -82.20% | -78.67% | 52.62% | 63.61% | 6,704.68% | -2,536.90% | -479.88% | -427.87% | -116.94% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -8.62 | -11.78 | -9.02 | -7.76 | -3.06 | -0.57 | -1.05 | -0.39 | -0.63 | -3.52 | -3.39 | -147.90 | |||||
| P/B TTM | 1.69 | 2.98 | 4.72 | 4.13 | 1.83 | 1.08 | 1.73 | 0.87 | 1.24 | 1.56 | 1.36 | 1.55 | |||||
| P/S TTM | 0.58 | 1.07 | 1.33 | 1.25 | 0.58 | 0.36 | 0.64 | 0.33 | 0.49 | 1.22 | 1.03 | 1.49 | |||||
| Market Cap | 325.22M | 579.61M | 698.42M | 629.10M | 282.19M | 176.01M | 316.34M | 169.98M | 264.55M | 695.44M | 608.65M | 926.86M | |||||
| Enterprise Value | 648.22M | 894.15M | 1.06B | 995.47M | 650.79M | 548.85M | 691.19M | 528.04M | 614.44M | 1.02B | 933.82M | 1.27B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 41.81M | 48.93M | 45.20M | 22.02M | 11.88M | -11.38M | -10.23M | 25.94M | 28.61M | 56.23M | 75.13M | 75.36M | |||||
| Net Debt | 323.00M | 314.55M | 357.16M | 366.37M | 368.60M | 372.84M | 374.86M | 358.06M | 349.89M | 324.57M | 325.16M | 346.66M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Digital Turbine, Inc. (APPS) — SEC Financial Statements & Analysis
Digital Turbine, Inc. (APPS) is a patent owners & lessors company, incorporated in DE. Digital Turbine, Inc. trades on Nasdaq as: APPS. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Digital Turbine, Inc. reported a 15.24% year-over-year revenue growth, a Gross Profit Margin of 56.90% (TTM), a Debt-to-Equity ratio of 3.38x, a Price-to-Sales (P/S) ratio of 0.58x (TTM), a Price-to-Book (P/B) ratio of 1.69 (TTM), at a market cap of $325.22M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 15.24%
- Gross Profit Margin TTM
- 56.90%
- Debt To Equity
- 3.38x
- P/S TTM
- 0.58x
- P/B TTM
- 1.69
- Market Cap
- $325.22M
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Digital Turbine, Inc. in?
Digital Turbine, Inc. (APPS) operates in the Patent Owners & Lessors industry.
What is APPS's market cap?
Digital Turbine, Inc. (APPS) has a market capitalization of $325.22M as of 2026-03-31.
What exchange does APPS trade on?
Digital Turbine, Inc. (APPS) trades on the Nasdaq.
Where is Digital Turbine, Inc. incorporated?
Digital Turbine, Inc. is incorporated in DE.