Symbols / APPS Stock $9.85 +5.35% Digital Turbine, Inc.

Technology • Software - Application • United States • NCM
APPS (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Software - Application
CEO Mr. William Gordon Stone III
Exch · Country NCM · United States
Market Cap 1.19B
Enterprise Value 1.52B
Income -37.73M
Sales 565.25M
FCF (ttm) 24.41M
Book/sh 1.60
Cash/sh 0.31
Employees 620
Insider 10d
IPO Jul 06, 2006
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E
Forward P/E 9.29
PEG 0.69
P/S 2.10
P/B 6.17
P/C
EV/EBITDA 14.32
EV/Sales 2.69
Quick Ratio 1.09
Current Ratio 1.16
Debt/Eq 191.97
LT Debt/Eq
EPS (ttm) -0.35
EPS next Y 1.06
EPS Growth
Revenue Growth 19.60%
EPS Gr Q/Q
Rev Gr Q/Q
Earnings (next) 2026-08-04
Earnings (prior) 2026-05-26
ROA 2.62%
ROE -21.80%
ROIC
Gross Margin 48.59%
Oper. Margin 7.42%
Profit Margin -6.68%
Shs Outstand 120.66M
Shs Float 114.98M
Insider Own 5.18%
Instit Own 66.69%
Short Float 9.80%
Short Ratio 1.71
Short Interest 11.28M
52W High 10.39
vs 52W High -5.24%
52W Low 2.74
vs 52W Low 259.49%
Beta 2.85
Impl. Vol. 1.16%
Rel Volume 2.52
Avg Volume 4.42M
Volume 11.13M
Target (mean) $8.75
Tgt Median $8.75
Tgt Low $7.50
Tgt High $10.00
# Analysts 2
Recom Strong_buy
Prev Close $9.35
Price $9.85
Change 5.35%

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 apps to end users through partnerships with wireless carriers and OEMs; 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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$9.85
Low
$7.50
High
$10.00
Mean
$8.75

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-27 up B of A Securities Neutral → Buy $8
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
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-06 JOHN BENNEASER Chief Technology Officer 693,069 $3.03 $2,099,999
2026-02-23 KINSELL JOSHUA Officer 578 $4.06 $2,346
2026-01-12 GYANI MOHANBIR SINGH Director 170,121 $0.00 $0
2026-01-09 GYANI MOHANBIR SINGH Director 75,000 $1.06 $79,500
2025-08-01 DEUTSCHMAN ROBERT M Director 47,201 $0.00 $0
2025-08-01 KARISH JEFF Director 35,229 $0.00 $0
2025-08-01 GROOS HOLYCE HESS Director 35,779 $0.00 $0
2025-08-01 SPILMAN MARY Director 34,495 $0.00 $0
2025-08-01 CHESTNUTT ROY H. Director 34,862 $0.00 $0
2025-08-01 STERLING MICHELLE MARIE M.D. Director 34,908 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Total Revenue
565.25
+15.24%
490.51
-9.91%
544.48
-18.24%
665.92
Operating Revenue
565.25
+15.24%
490.51
-9.91%
544.48
-18.24%
665.92
Cost Of Revenue
290.61
+7.70%
269.83
-9.16%
297.02
-14.08%
345.69
Reconciled Cost Of Revenue
290.61
+7.70%
269.83
-9.16%
297.02
-14.08%
345.69
Gross Profit
274.64
+24.45%
220.68
-10.82%
247.46
-22.72%
320.23
Operating Expense
240.60
-12.43%
274.75
-3.68%
285.25
+4.08%
274.06
Research And Development
40.48
+2.56%
39.46
-27.13%
54.16
-4.12%
56.49
Selling General And Administration
200.12
-14.95%
235.29
+1.81%
231.10
+6.21%
217.58
Selling And Marketing Expense
58.00
-5.91%
61.64
+0.26%
61.48
-2.87%
63.30
General And Administrative Expense
142.12
-18.15%
173.65
+2.38%
169.62
+9.94%
154.28
Other Gand A
142.12
-18.15%
173.65
+2.38%
169.62
+9.94%
154.28
Total Expenses
531.21
-2.46%
544.58
-6.47%
582.28
-6.05%
619.75
Operating Income
34.04
+162.95%
-54.08
-43.06%
-37.80
-181.88%
46.16
Total Operating Income As Reported
34.04
+162.95%
-54.08
+85.56%
-374.44
-911.09%
46.16
EBITDA
105.49
+265.85%
28.84
-37.40%
46.06
-63.80%
127.24
Normalized EBITDA
110.48
+296.87%
27.84
-92.72%
382.23
+198.00%
128.26
Reconciled Depreciation
71.45
-13.82%
82.91
-1.13%
83.86
+3.44%
81.07
EBIT
34.04
+162.95%
-54.08
-43.06%
-37.80
-181.88%
46.16
Total Unusual Items
-4.99
-600.10%
1.00
+100.30%
-336.17
-32664.81%
-1.03
Total Unusual Items Excluding Goodwill
-4.99
Special Income Charges
-10.03
-3242.00%
-0.30
+99.91%
-336.27
0.00
Other Special Charges
9.79
Impairment Of Capital Assets
0.00
0.00
-100.00%
336.64
0.00
Restructuring And Mergern Acquisition
0.23
-23.00%
0.30
+180.65%
-0.37
0.00
Net Income
-37.73
+59.03%
-92.10
+78.08%
-420.23
-2620.41%
16.67
Pretax Income
-31.34
+64.33%
-87.86
+78.31%
-405.13
-1940.17%
22.02
Net Non Operating Interest Income Expense
-58.58
-68.42%
-34.78
-12.79%
-30.84
-32.06%
-23.35
Net Interest Income
-58.58
-68.42%
-34.78
-12.79%
-30.84
-32.06%
-23.35
Other Income Expense
-6.80
-784.31%
0.99
+100.30%
-336.50
-42120.20%
-0.80
Other Non Operating Income Expenses
-1.82
-60433.33%
-0.00
+99.09%
-0.33
-243.23%
0.23
Gain On Sale Of Security
5.04
+288.59%
1.30
+1184.16%
0.10
+109.84%
-1.03
Tax Provision
6.39
+50.93%
4.24
-72.35%
15.32
+197.65%
5.15
Tax Rate For Calcs
0.00
+90.48%
0.00
+0.00%
0.00
-10.16%
0.00
Tax Effect Of Unusual Items
-1.99
-1052.57%
0.21
+100.30%
-70.60
-29337.14%
-0.24
Net Income Including Noncontrolling Interests
-37.73
+59.03%
-92.10
+78.10%
-420.45
-2592.28%
16.87
Net Income From Continuing Operation Net Minority Interest
-37.73
+59.03%
-92.10
+78.08%
-420.23
-2620.41%
16.67
Net Income From Continuing And Discontinued Operation
-37.73
+59.03%
-92.10
+78.08%
-420.23
-2620.41%
16.67
Net Income Continuous Operations
-37.73
+59.03%
-92.10
+78.10%
-420.45
-2592.28%
16.87
Net Income Discontinuous Operations
Minority Interests
0.00
0.00
-100.00%
0.22
+211.68%
-0.20
Normalized Income
-34.74
+62.60%
-92.89
+39.94%
-154.66
-985.82%
17.46
Net Income Common Stockholders
-37.73
+59.03%
-92.10
+78.08%
-420.23
-2620.41%
16.67
Diluted EPS
-0.33
+62.92%
-0.89
+78.61%
-4.16
-2700.00%
0.16
Basic EPS
-0.33
+62.92%
-0.89
+78.61%
-4.16
-2547.06%
0.17
Basic Average Shares
112.92
+8.84%
103.75
+2.75%
100.97
+2.22%
98.78
Diluted Average Shares
112.92
+8.84%
103.75
+2.75%
100.97
-0.83%
101.82
Diluted NI Availto Com Stockholders
-37.73
+59.03%
-92.10
+78.08%
-420.23
-2620.41%
16.67
Total Other Finance Cost
58.58
+68.42%
34.78
+12.79%
30.84
+32.06%
23.35
Line Item Trend 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Total Assets
841.65
+3.54%
812.85
-6.09%
865.54
-31.66%
1,266.56
Current Assets
311.87
+28.46%
242.78
+0.18%
242.34
-8.92%
266.07
Cash Cash Equivalents And Short Term Investments
37.96
-5.30%
40.08
+19.28%
33.60
-55.52%
75.56
Cash And Cash Equivalents
37.96
-5.30%
40.08
+19.28%
33.60
-55.52%
75.56
Cash Financial
Receivables
255.70
+34.54%
190.06
-2.90%
195.74
+9.85%
178.19
Accounts Receivable
159.38
+49.12%
106.88
-21.76%
136.60
-0.23%
136.92
Receivables Adjustments Allowances
-8.48
+11.15%
-9.55
+1.63%
-9.71
+4.90%
-10.21
Other Receivables
100.34
+18.84%
84.44
+31.69%
64.12
+24.56%
51.47
Taxes Receivable
4.46
-46.19%
8.29
+75.36%
4.73
Prepaid Assets
6.06
-12.47%
6.92
-10.14%
7.70
-10.30%
8.59
Restricted Cash
0.50
Other Current Assets
12.15
+112.73%
5.71
+7.98%
5.29
+41.80%
3.73
Total Non Current Assets
529.78
-7.07%
570.08
-8.52%
623.20
-37.71%
1,000.49
Net PPE
56.85
-0.07%
56.89
+3.61%
54.91
+11.15%
49.40
Gross PPE
168.66
+21.55%
138.76
+25.92%
110.20
+32.39%
83.24
Accumulated Depreciation
-111.81
-36.57%
-81.87
-48.07%
-55.29
-63.39%
-33.84
Properties
0.00
0.00
0.00
0.00
Buildings And Improvements
Machinery Furniture Equipment
157.25
+25.61%
125.19
+28.55%
97.38
+40.08%
69.52
Leases
11.41
-15.95%
13.57
+5.89%
12.82
-6.58%
13.72
Goodwill And Other Intangible Assets
440.50
-8.12%
479.44
-10.15%
533.58
-43.31%
941.21
Goodwill
223.05
+0.59%
221.74
+0.76%
220.07
-60.81%
561.58
Other Intangible Assets
217.45
-15.62%
257.70
-17.80%
313.50
-17.42%
379.63
Non Current Deferred Assets
Non Current Deferred Taxes Assets
Other Non Current Assets
32.43
-3.89%
33.75
-2.78%
34.71
+251.28%
9.88
Total Liabilities Net Minority Interest
649.49
-1.43%
658.90
+1.12%
651.61
-1.17%
659.30
Current Liabilities
268.30
+20.57%
222.53
-5.72%
236.02
+6.84%
220.92
Payables And Accrued Expenses
229.34
+14.05%
201.09
-7.88%
218.29
+15.77%
188.56
Payables
132.81
-14.30%
154.96
-10.72%
173.57
+45.44%
119.34
Accounts Payable
132.81
-5.10%
139.94
-12.10%
159.20
+33.40%
119.34
Current Accrued Expenses
96.53
+109.27%
46.13
+3.13%
44.72
-35.39%
69.22
Pensionand Other Post Retirement Benefit Plans Current
22.41
+198.65%
7.50
+4.08%
7.21
-34.37%
10.98
Total Tax Payable
0.00
-100.00%
15.02
+4.48%
14.37
Income Tax Payable
0.00
-100.00%
15.02
+4.48%
14.37
Current Debt And Capital Lease Obligation
10.18
+200.29%
3.39
+11.59%
3.04
Current Debt
7.03
Other Current Borrowings
7.03
Current Capital Lease Obligation
3.15
-7.11%
3.39
+11.59%
3.04
Other Current Liabilities
6.38
-39.55%
10.55
+40.98%
7.48
-65.00%
21.38
Total Non Current Liabilities Net Minority Interest
381.19
-12.64%
436.37
+5.00%
415.58
-5.20%
438.38
Long Term Debt And Capital Lease Obligation
358.71
-13.52%
414.80
+6.57%
389.24
-5.19%
410.52
Long Term Debt
353.93
-13.40%
408.69
+6.57%
383.49
-6.58%
410.52
Long Term Capital Lease Obligation
4.78
-21.80%
6.11
+6.35%
5.75
Non Current Deferred Liabilities
15.82
-3.00%
16.31
-20.15%
20.42
+46.51%
13.94
Non Current Deferred Taxes Liabilities
15.82
-3.00%
16.31
-20.15%
20.42
+46.51%
13.94
Other Non Current Liabilities
4.50
-14.49%
5.26
-11.14%
5.92
-57.44%
13.92
Stockholders Equity
192.16
+24.81%
153.96
-28.03%
213.93
-64.65%
605.20
Common Stock Equity
192.06
+24.83%
153.86
-28.05%
213.83
-64.66%
605.10
Capital Stock
0.11
+0.00%
0.11
+0.00%
0.11
+0.00%
0.11
Common Stock
0.01
+0.00%
0.01
+0.00%
0.01
+0.00%
0.01
Preferred Stock
0.10
+0.00%
0.10
+0.00%
0.10
+0.00%
0.10
Share Issued
121.07
+13.43%
106.74
+3.75%
102.88
+2.65%
100.22
Ordinary Shares Number
120.32
+13.53%
105.98
+3.78%
102.12
+2.68%
99.46
Treasury Shares Number
0.76
+0.00%
0.76
+0.00%
0.76
+0.00%
0.76
Additional Paid In Capital
969.06
+8.56%
892.66
+4.02%
858.19
+4.38%
822.22
Retained Earnings
-725.17
-5.49%
-687.44
-15.47%
-595.34
-239.97%
-175.12
Gains Losses Not Affecting Retained Earnings
-51.77
-0.90%
-51.30
-4.80%
-48.95
-16.71%
-41.95
Treasury Stock
0.07
+0.00%
0.07
+0.00%
0.07
+0.00%
0.07
Minority Interest
0.00
0.00
-100.00%
2.06
Other Equity Adjustments
-51.77
-0.90%
-51.30
-4.80%
-48.95
-16.71%
-41.95
Total Equity Gross Minority Interest
192.16
+24.81%
153.96
-28.03%
213.93
-64.77%
607.25
Total Capitalization
546.09
-2.94%
562.64
-5.82%
597.42
-41.18%
1,015.72
Working Capital
43.57
+115.13%
20.25
+220.61%
6.32
-86.01%
45.15
Invested Capital
553.02
-1.69%
562.54
-5.82%
597.32
-41.19%
1,015.62
Total Debt
368.89
-11.79%
418.19
+6.61%
392.27
-4.45%
410.52
Net Debt
323.00
-12.37%
368.60
+5.35%
349.88
+4.45%
334.96
Capital Lease Obligations
7.93
-16.56%
9.50
+8.16%
8.78
Net Tangible Assets
-248.34
+23.70%
-325.48
-1.83%
-319.64
+4.87%
-336.01
Tangible Book Value
-248.44
+23.69%
-325.58
-1.82%
-319.75
+4.87%
-336.11
Derivative Product Liabilities
2.16
0.00
Interest Payable
0.30
-84.35%
1.95
-42.91%
3.41
Preferred Shares Number
0.10
+0.00%
0.10
+400.00%
0.02
+0.00%
0.02
Preferred Stock Equity
0.10
+0.00%
0.10
+0.00%
0.10
+0.00%
0.10
Line Item Trend 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Operating Cash Flow
41.80
+251.89%
11.88
-58.57%
28.68
-74.71%
113.38
Cash Flow From Continuing Operating Activities
41.80
+251.89%
11.88
-58.57%
28.68
-74.71%
113.38
Cash From Discontinued Operating Activities
Net Income From Continuing Operations
-37.73
+59.03%
-92.10
+78.10%
-420.45
-2592.28%
16.87
Depreciation Amortization Depletion
71.45
-13.82%
82.91
-1.13%
83.86
+3.44%
81.07
Depreciation
27.30
+39.96%
19.50
+18.46%
16.46
Amortization Cash Flow
55.61
-13.59%
64.36
-0.39%
64.61
Depreciation And Amortization
71.45
-13.82%
82.91
-1.13%
83.86
+3.44%
81.07
Amortization Of Intangibles
55.61
-13.59%
64.36
-0.39%
64.61
Other Non Cash Items
17.67
+232.44%
5.31
+92.61%
2.76
-57.53%
6.50
Stock Based Compensation
16.36
-51.24%
33.54
-0.65%
33.76
+11.06%
30.40
Provisionand Write Offof Assets
0.23
-91.58%
2.77
-13.59%
3.20
-3.79%
3.33
Asset Impairment Charge
0.00
0.00
-100.00%
336.64
0.00
Deferred Tax
-0.65
+83.87%
-4.05
-158.75%
6.90
+214.26%
-6.04
Deferred Income Tax
-0.65
+83.87%
-4.05
-158.75%
6.90
+214.26%
-6.04
Operating Gains Losses
4.75
+466.62%
-1.30
-1184.16%
-0.10
+90.16%
-1.03
Gain Loss On Investment Securities
-1.50
Net Foreign Currency Exchange Gain Loss
-3.54
-172.63%
-1.30
-1184.16%
-0.10
+90.16%
-1.03
Change In Working Capital
-30.27
-99.09%
-15.20
+15.04%
-17.90
-0.95%
-17.73
Change In Receivables
-65.81
-3020.82%
2.25
+109.54%
-23.61
-124.64%
95.80
Changes In Account Receivables
-70.19
-1305.43%
5.82
+130.25%
-19.25
-122.95%
83.89
Change In Prepaid Assets
0.92
+18.66%
0.78
+12.94%
0.69
+1304.08%
0.05
Change In Payables And Accrued Expense
59.41
+437.01%
-17.63
-1147.47%
1.68
+101.81%
-93.06
Change In Accrued Expense
66.59
+3780.77%
1.72
+104.46%
-38.51
+12.94%
-44.23
Change In Payable
-7.18
+62.87%
-19.34
-148.13%
40.19
+182.30%
-48.83
Change In Account Payable
-7.18
+62.87%
-19.34
-148.13%
40.19
+182.30%
-48.83
Change In Other Working Capital
3.33
Change In Other Current Assets
-4.09
-72.35%
-2.38
+74.31%
-9.25
-101.53%
-4.59
Change In Other Current Liabilities
-20.70
-1268.94%
1.77
-85.93%
12.59
+179.02%
-15.93
Investing Cash Flow
-30.62
-11.44%
-27.48
+37.34%
-43.85
-25.05%
-35.06
Cash Flow From Continuing Investing Activities
-30.62
-11.44%
-27.48
+37.34%
-43.85
-25.05%
-35.06
Capital Expenditure
-30.62
-11.44%
-27.48
-13.17%
-24.28
-1.76%
-23.86
Capital Expenditure Reported
-30.62
-11.44%
-27.48
-13.17%
-24.28
-1.76%
-23.86
Net Business Purchase And Sale
0.00
0.00
+100.00%
-19.57
-74.61%
-11.21
Purchase Of Business
-2.71
Financing Cash Flow
-10.86
-146.66%
23.28
+179.46%
-29.30
+77.16%
-128.29
Cash Flow From Continuing Financing Activities
-10.86
-146.66%
23.28
+179.46%
-29.30
+77.16%
-128.29
Net Issuance Payments Of Debt
-47.30
-289.20%
25.00
+192.14%
-27.13
+78.03%
-123.50
Issuance Of Debt
418.70
+1001.84%
38.00
-24.00%
50.00
+96.08%
25.50
Repayment Of Debt
-466.00
-3484.62%
-13.00
+83.15%
-77.13
+48.23%
-149.00
Long Term Debt Issuance
418.70
+1001.84%
38.00
-24.00%
50.00
+96.08%
25.50
Long Term Debt Payments
-466.00
-3484.62%
-13.00
+83.15%
-77.13
+48.23%
-149.00
Net Long Term Debt Issuance
-47.30
-289.20%
25.00
+192.14%
-27.13
+78.03%
-123.50
Net Common Stock Issuance
56.81
0.00
0.00
Proceeds From Stock Option Exercised
2.31
+520.11%
0.37
-87.01%
2.87
+42.13%
2.02
Net Other Financing Charges
-22.69
-984.42%
-2.09
+58.47%
-5.04
+26.01%
-6.81
Changes In Cash
0.32
-95.81%
7.68
+117.28%
-44.47
+11.02%
-49.98
Effect Of Exchange Rate Changes
-2.45
-102.99%
-1.21
-147.86%
2.52
+254.76%
-1.63
Beginning Cash Position
40.08
+19.28%
33.60
-55.52%
75.56
-40.58%
127.16
End Cash Position
37.96
-5.30%
40.08
+19.28%
33.60
-55.52%
75.56
Free Cash Flow
11.19
+171.72%
-15.60
-454.64%
4.40
-95.09%
89.52
Interest Paid Supplemental Data
47.09
+32.33%
35.58
+15.85%
30.72
+52.16%
20.19
Income Tax Paid Supplemental Data
26.30
+267.76%
7.15
+367.63%
1.53
-72.98%
5.66
Common Stock Issuance
56.81
0.00
0.00
Issuance Of Capital Stock
56.81
0.00
0.00
Sale Of Business
0.00
0.00
-100.00%
0.07
SEC Filings

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

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