APPS Chart
About

Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). It operates through two segments, On Device Solutions and App Growth Platform. The company's application media platform delivers mobile applications apps to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising partner and media content delivery services, and sponsored and editorial content media. It also provides direct campaign management products, such as the DT DSP and DT Offer Wall; ad monetization solutions that allow mobile app publishers and developers to monetize their monthly active users via display, native, and video advertising; brands and agencies, which run mobile brand-awareness campaigns on the direct mobile app inventory; and app developers and other performance-focused advertisers that execute mobile user acquisition campaigns for their apps and products. Its products and solutions are used in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. The company operates in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, China, Mexico, Central America, and South America. Digital Turbine, Inc. is headquartered in Austin, Texas.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Application Market Cap 490.39M
Enterprise Value 812.98M Income -49.22M Sales 541.85M
Book/sh 1.63 Cash/sh 0.34 Dividend Yield
Payout 0.00% Employees 647 IPO
P/E Forward P/E 6.54 PEG
P/S 0.91 P/B 2.52 P/C
EV/EBITDA 8.91 EV/Sales 1.50 Quick Ratio 1.03
Current Ratio 1.10 Debt/Eq 186.36 LT Debt/Eq
EPS (ttm) -0.45 EPS next Y 0.62 EPS Growth
Revenue Growth 12.50% Earnings 2026-02-03 ROA 0.98%
ROE -27.48% ROIC Gross Margin 47.87%
Oper. Margin 14.32% Profit Margin -9.08% Shs Outstand 119.90M
Shs Float 108.21M Short Float 10.41% Short Ratio 4.69
Short Interest 52W High 8.28 52W Low 2.11
Beta 2.21 Avg Volume 2.88M Volume 2.48M
Target Price $8.75 Recom None Prev Close $4.06
Price $4.09 Change 0.74%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$8.75
Mean price target
2. Current target
$4.09
Latest analyst target
3. DCF / Fair value
$5.13
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.09
Low
$7.50
High
$10.00
Mean
$8.75

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-08-06 up B of A Securities Underperform → Neutral $6
2025-06-17 main Craig-Hallum Buy → Buy $7
2024-11-15 down B of A Securities Neutral → Underperform $1
2024-11-07 main Macquarie Neutral → Neutral $2
2024-11-07 main Craig-Hallum Buy → Buy $4
2024-05-29 main Roth MKM Neutral → Neutral $3
2024-05-22 main Roth MKM Neutral → Neutral $3
2024-02-08 main Roth MKM Neutral → Neutral $5
2023-09-14 down B of A Securities Buy → Neutral $8
2023-05-25 main B of A Securities Buy → Buy $13
2023-05-25 main Craig-Hallum Buy → Buy $20
2023-05-25 down Roth MKM Buy → Neutral $10
2023-03-13 main B. Riley Securities — → Neutral $9
2023-02-17 down Macquarie Outperform → Neutral $12
2023-02-09 main Craig-Hallum — → Buy $25
2023-02-09 down Oppenheimer Outperform → Perform
2023-02-01 down B. Riley Securities Buy → Neutral $16
2022-10-17 init B of A Securities — → Buy $24
2022-10-05 main B. Riley Securities — → Buy $28
2022-10-04 main Oppenheimer — → Outperform $19
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 170121 Stock Gift at price 0.00 per share. GYANI MOHANBIR SINGH Director 2026-01-12 00:00:00 D
1 75000 79500.0 Conversion of Exercise of derivative security at price 1.06 per share. GYANI MOHANBIR SINGH Director 2026-01-09 00:00:00 D
2 34908 Stock Award(Grant) at price 0.00 per share. STERLING MICHELLE MARIE M.D. Director 2025-08-01 00:00:00 D
3 35779 Stock Award(Grant) at price 0.00 per share. GROOS HOLYCE HESS Director 2025-08-01 00:00:00 D
4 35321 Stock Award(Grant) at price 0.00 per share. GYANI MOHANBIR SINGH Director 2025-08-01 00:00:00 D
5 47201 Stock Award(Grant) at price 0.00 per share. DEUTSCHMAN ROBERT M Director 2025-08-01 00:00:00 D
6 35229 Stock Award(Grant) at price 0.00 per share. KARISH JEFF Director 2025-08-01 00:00:00 D
7 34495 Stock Award(Grant) at price 0.00 per share. SPILMAN MARY Director 2025-08-01 00:00:00 D
8 34862 Stock Award(Grant) at price 0.00 per share. CHESTNUTT ROY H. Director 2025-08-01 00:00:00 D
9 27397 126848.0 Stock Award(Grant) at price 4.63 per share. KINSELL JOSHUA Officer 2025-05-20 00:00:00 D
Financials
Line Item2025-03-312024-03-312023-03-312022-03-31
TaxEffectOfUnusualItems209.37K-70.60M-239.82K-7.46M
TaxRateForCalcs0.210.210.230.19
NormalizedEBITDA27.84M382.23M128.26M188.72M
TotalUnusualItems997.00K-336.17M-1.03M-39.02M
TotalUnusualItemsExcludingGoodwill997.00K-336.17M-1.03M-39.02M
NetIncomeFromContinuingOperationNetMinorityInterest-92.10M-420.23M16.67M35.55M
ReconciledDepreciation82.91M83.86M81.07M57.45M
ReconciledCostOfRevenue269.83M297.02M345.69M400.49M
EBITDA28.84M46.06M127.24M149.69M
EBIT-54.08M-37.80M46.16M92.24M
NetInterestIncome-34.78M-30.84M-23.35M-8.49M
NormalizedIncome-92.89M-154.66M17.46M67.11M
NetIncomeFromContinuingAndDiscontinuedOperation-92.10M-420.23M16.67M35.55M
TotalExpenses544.58M582.28M619.75M655.36M
TotalOperatingIncomeAsReported-54.08M-374.44M46.16M92.24M
DilutedAverageShares103.75M100.97M101.82M102.64M
BasicAverageShares103.75M100.97M98.78M95.20M
DilutedEPS-0.89-4.160.160.35
BasicEPS-0.89-4.160.170.37
DilutedNIAvailtoComStockholders-92.10M-420.23M16.67M35.55M
NetIncomeCommonStockholders-92.10M-420.23M16.67M35.55M
NetIncome-92.10M-420.23M16.67M35.55M
MinorityInterests0.00220.00K-197.00K-23.00K
NetIncomeIncludingNoncontrollingInterests-92.10M-420.45M16.87M35.57M
NetIncomeDiscontinuousOperations0.000.00
NetIncomeContinuousOperations-92.10M-420.45M16.87M35.57M
TaxProvision4.24M15.32M5.15M8.40M
PretaxIncome-87.86M-405.13M22.02M43.97M
OtherIncomeExpense994.00K-336.50M-797.00K-39.77M
OtherNonOperatingIncomeExpenses-3.00K-328.00K229.00K-749.00K
SpecialIncomeCharges-300.00K-336.27M0.00-41.09M
OtherSpecialCharges452.00K
ImpairmentOfCapitalAssets0.00336.64M0.000.00
RestructuringAndMergernAcquisition300.00K-372.00K0.0041.09M
GainOnSaleOfSecurity1.30M101.00K-1.03M2.06M
NetNonOperatingInterestIncomeExpense-34.78M-30.84M-23.35M-8.49M
TotalOtherFinanceCost34.78M30.84M23.35M8.49M
OperatingIncome-54.08M-37.80M46.16M92.24M
OperatingExpense274.75M285.25M274.06M254.87M
ResearchAndDevelopment39.46M54.16M56.49M52.72M
SellingGeneralAndAdministration235.29M231.10M217.58M202.15M
SellingAndMarketingExpense61.64M61.48M63.30M63.31M
GeneralAndAdministrativeExpense173.65M169.62M154.28M138.84M
OtherGandA173.65M169.62M154.28M138.84M
GrossProfit220.68M247.46M320.23M347.11M
CostOfRevenue269.83M297.02M345.69M400.49M
TotalRevenue490.51M544.48M665.92M747.60M
OperatingRevenue490.51M544.48M665.92M747.60M
Line Item2025-03-312024-03-312023-03-312022-03-31
TreasurySharesNumber758.12K758.12K758.12K758.12K
PreferredSharesNumber100.00K20.00K20.00K20.00K
OrdinarySharesNumber105.98M102.12M99.46M97.16M
ShareIssued106.74M102.88M100.22M97.92M
NetDebt368.60M349.88M334.96M406.52M
TotalDebt418.19M392.27M410.52M533.28M
TangibleBookValue-325.58M-319.75M-336.11M-485.91M
InvestedCapital562.54M597.32M1.02B1.05B
WorkingCapital20.25M6.32M45.15M25.61M
NetTangibleAssets-325.48M-319.64M-336.01M-485.81M
CapitalLeaseObligations9.50M8.78M
CommonStockEquity153.86M213.83M605.10M514.47M
PreferredStockEquity100.00K100.00K100.00K100.00K
TotalCapitalization562.64M597.42M1.02B1.04B
TotalEquityGrossMinorityInterest153.96M213.93M607.25M516.22M
MinorityInterest0.000.002.06M1.64M
StockholdersEquity153.96M213.93M605.20M514.57M
GainsLossesNotAffectingRetainedEarnings-51.30M-48.95M-41.95M-39.34M
OtherEquityAdjustments-51.30M-48.95M-41.95M-39.34M
TreasuryStock71.00K71.00K71.00K71.00K
RetainedEarnings-687.44M-595.34M-175.12M-191.79M
AdditionalPaidInCapital892.66M858.19M822.22M745.66M
CapitalStock110.00K110.00K110.00K110.00K
CommonStock10.00K10.00K10.00K10.00K
PreferredStock100.00K100.00K100.00K100.00K
TotalLiabilitiesNetMinorityInterest658.90M651.61M659.30M942.29M
TotalNonCurrentLiabilitiesNetMinorityInterest436.37M415.58M438.38M557.03M
OtherNonCurrentLiabilities5.26M5.92M13.92M16.27M
NonCurrentDeferredLiabilities16.31M20.42M13.94M19.98M
NonCurrentDeferredTaxesLiabilities16.31M20.42M13.94M19.98M
LongTermDebtAndCapitalLeaseObligation414.80M389.24M410.52M520.78M
LongTermCapitalLeaseObligation6.11M5.75M
LongTermDebt408.69M383.49M410.52M520.78M
CurrentLiabilities222.53M236.02M220.92M385.26M
OtherCurrentLiabilities10.55M7.48M21.38M80.96M
CurrentDebtAndCapitalLeaseObligation3.39M3.04M12.50M14.56M
CurrentCapitalLeaseObligation3.39M3.04M
CurrentDebt12.50M14.56M
OtherCurrentBorrowings12.50M14.56M
PensionandOtherPostRetirementBenefitPlansCurrent7.50M7.21M10.98M28.77M
PayablesAndAccruedExpenses201.09M218.29M188.56M263.03M
CurrentAccruedExpenses46.13M44.72M69.22M95.17M
InterestPayable1.95M3.41M
Payables154.96M173.57M119.34M167.86M
TotalTaxPayable15.02M14.37M
IncomeTaxPayable15.02M14.37M
AccountsPayable139.94M159.20M119.34M167.86M
TotalAssets812.85M865.54M1.27B1.46B
TotalNonCurrentAssets570.08M623.20M1.00B1.05B
OtherNonCurrentAssets33.75M34.71M9.88M732.00K
NonCurrentDeferredAssets0.0012.96M
NonCurrentDeferredTaxesAssets0.0012.96M
GoodwillAndOtherIntangibleAssets479.44M533.58M941.21M1.00B
OtherIntangibleAssets257.70M313.50M379.63M440.59M
Goodwill221.74M220.07M561.58M559.79M
NetPPE56.89M54.91M49.40M46.52M
AccumulatedDepreciation-81.87M-55.29M-33.84M-18.30M
GrossPPE138.76M110.20M83.24M64.83M
Leases13.57M12.82M13.72M19.13M
MachineryFurnitureEquipment125.19M97.38M69.52M45.70M
BuildingsAndImprovements15.44M3.50M
Properties0.000.000.000.00
CurrentAssets242.78M242.34M266.07M410.87M
OtherCurrentAssets5.71M5.29M3.73M20.57M
RestrictedCash500.00K394.00K340.00K
PrepaidAssets6.92M7.70M8.59M20.57M
Receivables190.06M195.74M178.19M263.14M
ReceivablesAdjustmentsAllowances-9.55M-9.71M-10.21M-8.39M
OtherReceivables84.44M64.12M51.47M82.32M
TaxesReceivable8.29M4.73M
AccountsReceivable106.88M136.60M136.92M189.21M
CashCashEquivalentsAndShortTermInvestments40.08M33.60M75.56M126.77M
CashAndCashEquivalents40.08M33.60M75.56M126.77M
CashFinancial126.77M30.78M
Line Item2025-03-312024-03-312023-03-312022-03-31
FreeCashFlow-15.60M4.40M89.52M61.46M
RepaymentOfDebt-13.00M-77.13M-149.00M-52.77M
IssuanceOfDebt38.00M50.00M25.50M549.06M
CapitalExpenditure-27.48M-24.28M-23.86M-23.28M
InterestPaidSupplementalData35.58M30.72M20.19M5.99M
IncomeTaxPaidSupplementalData7.15M1.53M5.66M1.72M
EndCashPosition40.08M33.60M75.56M127.16M
BeginningCashPosition33.60M75.56M127.16M31.12M
EffectOfExchangeRateChanges-1.21M2.52M-1.63M-1.94M
ChangesInCash7.68M-44.47M-49.98M97.98M
FinancingCashFlow23.28M-29.30M-128.29M185.24M
CashFlowFromContinuingFinancingActivities23.28M-29.30M-128.29M185.24M
NetOtherFinancingCharges-2.09M-5.04M-6.81M-315.35M
ProceedsFromStockOptionExercised373.00K2.87M2.02M4.30M
NetIssuancePaymentsOfDebt25.00M-27.13M-123.50M496.29M
NetLongTermDebtIssuance25.00M-27.13M-123.50M496.29M
LongTermDebtPayments-13.00M-77.13M-149.00M-52.77M
LongTermDebtIssuance38.00M50.00M25.50M549.06M
InvestingCashFlow-27.48M-43.85M-35.06M-172.00M
CashFlowFromContinuingInvestingActivities-27.48M-43.85M-35.06M-172.00M
NetBusinessPurchaseAndSale0.00-19.57M-11.21M-148.72M
SaleOfBusiness0.0065.00K
PurchaseOfBusiness-2.71M-148.72M-28.60M
CapitalExpenditureReported-27.48M-24.28M-23.86M-23.28M
OperatingCashFlow11.88M28.68M113.38M84.74M
CashFromDiscontinuedOperatingActivities0.000.00
CashFlowFromContinuingOperatingActivities11.88M28.68M113.38M84.74M
ChangeInWorkingCapital-15.20M-17.90M-17.73M-70.49M
ChangeInOtherWorkingCapital3.33M1.10M1.42M
ChangeInOtherCurrentLiabilities1.77M12.59M-15.93M3.67M
ChangeInOtherCurrentAssets-2.38M-9.25M-4.59M2.58M
ChangeInPayablesAndAccruedExpense-17.63M1.68M-93.06M2.42M
ChangeInAccruedExpense1.72M-38.51M-44.23M-29.34M
ChangeInPayable-19.34M40.19M-48.83M31.76M
ChangeInAccountPayable-19.34M40.19M-48.83M31.76M
ChangeInPrepaidAssets777.00K688.00K49.00K-5.50M
ChangeInReceivables2.25M-23.61M95.80M-73.66M
ChangesInAccountReceivables5.82M-19.25M83.89M-73.66M
OtherNonCashItems5.31M2.76M6.50M47.84M
StockBasedCompensation33.54M33.76M30.40M19.30M
ProvisionandWriteOffofAssets2.77M3.20M3.33M1.10M
AssetImpairmentCharge0.00336.64M0.000.00
DeferredTax-4.05M6.90M-6.04M-3.98M
DeferredIncomeTax-4.05M6.90M-6.04M-3.98M
DepreciationAmortizationDepletion82.91M83.86M81.07M57.45M
DepreciationAndAmortization82.91M83.86M81.07M57.45M
AmortizationCashFlow55.61M64.36M64.61M48.42M
AmortizationOfIntangibles55.61M64.36M64.61M48.42M
Depreciation27.30M19.50M16.46M9.03M
OperatingGainsLosses-1.30M-101.00K-1.03M-2.06M
NetForeignCurrencyExchangeGainLoss-1.30M-101.00K-1.03M-2.06M
NetIncomeFromContinuingOperations-92.10M-420.45M16.87M35.57M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for APPS
Date User Asset Broker Type Position Size Entry Price Patterns