Digital Turbine, Inc.

APPS Technology Software Application

Digital Turbine, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $565.3 million, up 15.2% from fiscal 2025. In the quarter to June 2026, revenue grew 26.8%, EPS grew 27.8%, free cash flow grew 1,255.0% and total debt fell 11.9%, each against the same quarter a year earlier.

9.56 0.98 −9.30%
Market cap
$1.3B
P/E
0.0×
Fwd P/E
901×
Dividend yield
—
F-score
7/9
Altman Z
−0.04
Beneish M
−2.65
Dividend safety
n/a

Insider Decisions trades per month

Total sells 0.00
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — 1 — — — — — — — —
Insider Ownership 10.95%

Capital & Financial Ratios $m

Market Cap 1,280.00
Revenue 600.31
Net Income (34.96)
Free Cash Flow 25.89
Net Debt 309.66
Current Ratio 1.20
Debt/Equity 1.85
P/E ratio 0.00
Fwd P/E 901.00 (above 35: high)
P/S ratio 1.92
P/B ratio 6.06 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth 26.79% (at or above 15%: strong)
Next Y EPS Growth 32.86% (at or above 15%: strong)
Next Y revenue growth 17.66% (at or above 10%: strong)
Next 5Y EPS Growth 8.44%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 52.49%
10-year low 10-year high
P/B against its own 10 years 68.85%
10-year low 10-year high
EV/Sales against its own 10 years 54.26%
10-year low 10-year high
EV/FCF against its own 10 years 46.84%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 34 40 38 43
Receivables 196 190 256 266
Inventory — — — —
Other 5 6 12 17
242 243 312 333
2024 2025 2026 Q'26
Payables 159 140 133 151
ST’ Debt — — 7 9
Other 36 40 19 18
236 223 268 277

Compound Annual Growth %

10y 5y 3y
Sales 38.19% 12.51% (5.32%)
Cash Flow 0.00% (7.81%) (28.29%)
Earnings 0.00% 0.00% 0.00%
Book Value 8.85% 5.78% (31.86%)

Revenue $m

Jun Sep Dec Mar Year
’26 166 — — — —
’26 131 140 151 143 565
’25 118 119 135 119 491
’24 146 143 143 112 544
’23 189 175 162 140 666
’22 158 189 217 184 748
’21 59 71 89 95 314
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 18 — — — —
’26 9 14 14 4 42
’25 (1) (9) 10 12 12
’24 1 27 12 (12) 29
’23 37 28 33 16 113
’22 (29) 37 36 41 85
’21 6 24 19 14 63
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 16 — — — —
’26 1 7 6 (3) 11
’25 (7) (16) 3 5 (16)
’24 (6) 20 9 (19) 4
’23 30 21 28 8 87
’22 (33) 31 30 (115) (87)
’21 4 14 25 (17) 25
Fiscal quarters ending in the months shown.

EPS $

Jun Sep Dec Mar Year
’26 (0.09) — — — —
’26 (0.13) (0.20) 0.04 (0.06) (0.33)
’25 (0.25) (0.24) (0.22) (0.18) (0.89)
’24 (0.08) (1.61) (0.14) (2.32) (4.16)
’23 0.15 0.11 0.04 (0.14) 0.16
’22 0.14 (0.06) 0.07 0.19 0.35
’21 0.11 0.00 0.15 0.31 0.57
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 0.65 1.12 1.81 3.48 45.00 10.65 4.10 1.18 1.65 2.74

Analyst estimates 2027–2029

Powerpack
High 1.98 2.59 9.13 61.24 102.56 63.24 18.77 7.25 8.28 15.34
People
People Employees 146 161 161 207 280 844 777 754 647 620
Revenue/emp, $m 0.28 0.46 0.64 0.67 1.12 0.89 0.86 0.72 0.76 0.91
Income, $m
Income, $m Revenue 40 75 104 139 314 748 666 544 491 565
Gross margin, % 28.00 33.52 34.34 38.69 42.28 46.43 48.09 45.45 44.99 48.59
EBT (19) (21) (4) 4 42 44 22 (405) (88) (31)
EBT margin, % (47.96) (27.62) (3.70) 2.82 13.35 5.88 3.31 (74.41) (17.91) (5.54)
Net income (19) (20) (4) 14 55 36 17 (420) (92) (38)
Depreciation 4 3 3 2 7 57 81 84 85 85
Per share, $
Per share, $ Revenue 0.60 1.06 1.34 1.64 3.54 7.85 6.74 5.39 4.73 5.01
Earnings (0.36) (0.75) (0.08) 0.17 0.62 0.37 0.17 (4.16) (0.89) (0.33)
Cash flow (0.10) 0.10 0.02 0.37 0.71 0.89 1.15 0.28 0.11 0.37
Capex (0.02) (0.03) (0.03) (0.06) (0.43) (1.81) (0.27) (0.24) (0.26) (0.27)
Free cash flow (0.12) 0.07 (0.01) 0.31 0.28 (0.92) 0.88 0.04 (0.15) 0.10
Book value 0.93 0.39 0.47 0.92 1.64 5.42 6.15 2.12 1.48 1.70
Shares, m 67 70 77 85 89 95 99 101 104 113
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 26.94 130.84 115.29 72.71 0.00 0.00 0.00
P/S 0.78 2.02 2.66 2.63 22.68 5.58 1.83 0.45 0.58 0.58
P/B 1.01 5.48 7.60 4.71 49.05 8.08 2.01 1.14 1.83 1.62
EV/Sales 0.98 2.10 2.72 2.62 22.69 6.12 2.34 1.10 1.33 1.15
EV/FCF (9.82) 31.57 (269.39) 13.72 284.74 (52.45) 17.97 136.03 (41.98) 57.95
Cash, $m
Cash, $m Operating cash flow (7) 7 1 31 63 85 113 29 12 42
Capex (1) (2) (2) (5) (38) (172) (27) (24) (27) (31)
Free cash flow (8) 5 (1) 27 25 (87) 87 4 (16) 11
Balance, $m
Balance, $m Working capital (7) (7) (1) (24) (14) 26 45 6 20 44
Total debt 13 10 — 22 16 533 415 383 409 361
Net debt 6 (4) (11) 0 (15) 406 339 350 369 323
Shareholders’ equity 62 28 36 77 145 516 607 214 154 192
Returns, %
Returns, % ROA (21.14) (54.44) (7.09) 10.42 24.70 4.14 1.22 (39.42) (10.97) (4.56)
ROIC (15.52) (15.02) 8.51 10.68 28.47 6.25 3.05 (41.51) (6.47) 4.13
ROE (33.67) (118.09) (18.83) 24.47 49.36 10.75 2.97 (102.37) (50.10) (21.82)
Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Digital Turbine, Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CXM Sprinklr, Inc. $1.4B 58.3× 57.4× +0.80% (above 0%: growing) −40.00% (below 0%: shrinking) −55.52% (below 0%: shrinking) 65.12% 4.66% Compare
PD PagerDuty $1.4B 7.9× 19.5× +0.83% (above 0%: growing) −45.45% (below 0%: shrinking) +8.53% (above 0%: growing) 83.90% 8.23% Compare
WRD WeRide Inc. $1.3B — (loss-making) — (loss-making) +92.37% (above 0%: growing) n/m −92.28% (below 0%: shrinking) 37.49% (182.09%) Compare
APPS Digital Turbine, Inc. $1.3B — (loss-making) 901× +26.78% (above 0%: growing) n/m +1,254.95% (above 0%: growing) 49.39% 13.89%
DFIN Donnelley Financial Solutions $1.3B 34.5× 9.1× +2.80% (above 0%: growing) +11.54% (above 0%: growing) +18.38% (above 0%: growing) 66.01% 24.98% Compare
RDVT Red Violet, Inc. $1.2B 63.8× 55.2× +22.71% (above 0%: growing) +84.21% (above 0%: growing) +50.36% (above 0%: growing) 85.71% 22.81% Compare
GTM ZoomInfo Technologies Inc. $1.2B — (loss-making) 8.0× +1.21% (above 0%: growing) n/m −19.79% (below 0%: shrinking) 82.73% (200.39%) Compare
RSKD Riskified Ltd. $1.1B — (loss-making) — (loss-making) +21.75% (above 0%: growing) n/m +141.82% (above 0%: growing) 45.56% (7.51%) Compare
IBTA Ibotta, Inc. $1.1B — (loss-making) — (loss-making) +3.34% (above 0%: growing) n/m −57.28% (below 0%: shrinking) 78.42% (2.11%) Compare
Median of peers $1.3B 46.4× 19.5× +3.07% −14.23% −5.63% 72.22% 1.28%

All 237 Software Application stocks →

Digital Turbine, Inc. (APPS) key facts

  • Strength: Digital Turbine, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $565.3 million, up 15.2% from fiscal 2025.
  • Digital Turbine, Inc. (APPS) is a Software Application company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, APPS traded at $9.56, a market capitalization of $1.3 billion.
  • Return on equity was −21.8% and debt-to-equity 1.85.
  • Its Piotroski F-score is 7 out of 9 and its Altman Z-score is −0.04 (distress zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

Digital Turbine, Inc. (APPS) Latest News

30 Sep

Impact 4 ·
stockrow.com/APPS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com