Digital Turbine
APPS
10.63
+0.14
+1.33%
Digital Turbine
US · APPS
#3043 by market cap
Listed 1970
10.63
+0.14
+1.33%
Live - 5344 symbols - heartbeat 189s ago
· 2026-10-08 06:10
Pre-market
10.63
0.00%
After-hours
10.72
+0.85%
Overnight
10.63
0.00%
- Market cap
- 1.29B
- P/E (TTM)i
- -36.66
- P/Bi
- 6.79
- EPSi
- -0.33
- Div yieldi
- 0.00%
- 52W posi
- 63%
Reader sentiment
Are you bullish or bearish on APPS?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 0.86, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +15.24% YoY
Margins
- Gross margin
- 48.59%
- Operating margin
- 6.02%
- Net margin
- -6.68%
Key ratios & quality
- Enterprise valuei
- 1.62B
- Altman Z-Scorei
- 0.86
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 103.57M | 138.72M | 313.58M | 747.60M | 665.92M | 544.48M | 490.51M | 565.25M |
| Gross profit | 35.57M | 53.67M | 132.57M | 347.11M | 320.23M | 247.46M | 220.68M | 274.64M |
| Selling & admin expenses | 21.24M | 28.44M | 53.24M | 202.15M | 217.58M | 231.10M | 235.29M | 200.12M |
| Research & development | 10.88M | 12.02M | 20.12M | 52.72M | 56.49M | 54.16M | 39.46M | 40.48M |
| Operating profit | 3.45M | 13.21M | 59.21M | 92.24M | 46.17M | -37.80M | -54.08M | 34.04M |
| Pretax profit | -3.83M | 3.91M | 41.86M | 43.97M | 22.02M | -405.13M | -87.86M | -31.34M |
| Tax | 469.00K | -10.38M | -13.03M | 8.40M | 5.15M | 15.32M | 4.24M | 6.39M |
| Net profit | -6.01M | 13.90M | 54.88M | 35.57M | 16.87M | -420.45M | -92.10M | -37.73M |
| Basic EPS | 0 | 0 | 1 | 0 | 0 | -4 | -1 | 0 |
| Diluted EPS | -0.08 | 0.16 | 0.57 | 0.35 | 0.16 | -4.16 | -0.89 | -0.33 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 119.15M | 130.93M | 140.38M | 151.40M | 142.55M | 165.98M |
| Gross profit | 56.60M | 61.98M | 66.04M | 74.77M | 71.85M | 81.97M |
| Selling & admin expenses | 59.18M | 56.50M | 48.53M | 43.22M | 51.87M | 48.32M |
| Research & development | 9.11M | 10.15M | 10.98M | 9.89M | 9.46M | 10.59M |
| Operating profit | -11.69M | -4.66M | 6.53M | 21.65M | 10.52M | 23.06M |
| Pretax profit | -20.15M | -16.20M | -19.94M | 8.34M | -3.54M | -9.04M |
| Tax | -1.33M | -2.09M | 1.45M | 3.24M | 3.80M | 2.29M |
| Net profit | -18.83M | -14.10M | -21.40M | 5.11M | -7.34M | -11.33M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.18 | -0.13 | -0.20 | 0.03 | -0.06 | -0.09 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 37.12M | 58.45M | 97.39M | 410.87M | 266.07M | 242.34M | 242.78M | 311.87M |
| Cash & ST investments | 10.89M | 21.53M | 30.78M | 126.77M | 75.56M | 33.61M | 40.08M | 37.96M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 82.86M | 184.01M | 260.37M | 1.46B | 1.27B | 865.54M | 812.85M | 841.65M |
| Total current liabilities | 38.31M | 82.81M | 111.15M | 385.26M | 220.92M | 236.02M | 222.53M | 268.30M |
| Short-term debt | -- | 1.19M | 14.56M | 12.50M | -- | 3.04M | 3.39M | 10.18M |
| Long-term debt | -- | 18.51M | -- | 520.79M | 410.52M | 383.49M | 408.69M | 353.93M |
| Total liabilities | 46,503,000.00 | 106,557,000.00 | 115,257,000.00 | 942,294,000.00 | 659,301,000.00 | 651,608,000.00 | 658,896,000.00 | 649,493,000.00 |
| Total equity | 36.36M | 77.45M | 145.11M | 516.22M | 607.26M | 213.93M | 153.96M | 192.16M |
| Retained earnings | -296.12M | -282.22M | -227.33M | -191.79M | -175.12M | -595.34M | -687.44M | -725.17M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 242.78M | 260.23M | 268.98M | 318.07M | 311.87M | 333.27M |
| Cash & ST investments | 40.08M | 34.13M | 39.28M | 40.42M | 37.96M | 43.21M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 812.85M | 818.36M | 818.67M | 858.18M | 841.65M | 843.49M |
| Total current liabilities | 222.53M | 237.71M | 244.51M | 288.15M | 268.30M | 276.59M |
| Short-term debt | 3.39M | 3.47M | 6.12M | 7.94M | 10.18M | 12.60M |
| Long-term debt | 408.69M | 400.50M | 393.75M | 350.28M | 353.93M | 343.49M |
| Total liabilities | 658,896,000.00 | 666,062,000.00 | 670,539,000.00 | 663,573,000.00 | 649,493,000.00 | 652,901,000.00 |
| Total equity | 153.96M | 152.29M | 148.13M | 194.60M | 192.16M | 190.59M |
| Retained earnings | -687.44M | -701.55M | -722.94M | -717.83M | -725.17M | -728.33M |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1.27M | 31.38M | 62.80M | 84.74M | 113.38M | 28.68M | 11.88M | 41.81M |
| Depreciation & amortization | 2.77M | 2.34M | 7.11M | 57.45M | 81.07M | 83.86M | 82.91M | 71.45M |
| Free cash flow | -1.05M | 26.53M | 53.59M | 61.46M | 89.52M | 4.40M | -15.60M | 11.19M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | 0 | 0 | 56.81M |
| Ending cash balance | 11.06M | 21.66M | 31.12M | 127.16M | 75.56M | 33.61M | 40.08M | 37.96M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 11.51M | 8.79M | 14.46M | 14.18M | 4.38M | 17.86M |
| Depreciation & amortization | 23.13M | 23.34M | 14.87M | 16.57M | 16.68M | 16.81M |
| Free cash flow | 4.56M | 1.17M | 6.69M | 6.39M | -3.07M | 11.18M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 0 | -- | -- | 43.24M | 0 | -- |
| Ending cash balance | 40.08M | 34.13M | 39.28M | 40.42M | 37.96M | 43.21M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -18.83 | 24.47 | 49.36 | 10.78 | 2.98 | -102.63 | -50.10 | -21.82 |
| ROA %i | -7.09 | 10.42 | 24.70 | 4.14 | 1.22 | -39.42 | -10.97 | -4.56 |
| ROIC %i | -16.27 | 18.17 | 46.10 | 4.11 | 1.63 | -52.11 | -15.71 | -6.66 |
| 5-year avg ROE %i | -48.51 | -35.68 | -19.35 | -10.46 | 13.75 | -3.01 | -17.92 | -32.16 |
| EBIT margin %i | -2.62 | 9.52 | 18.88 | 12.34 | 6.93 | -6.94 | -11.02 | 6.02 |
| FCF / sales %i | -- | 19.13 | 17.09 | 8.22 | 13.44 | 0.81 | -- | 1.98 |
| Current ratioi | 0.97 | 0.71 | 0.88 | 1.07 | 1.20 | 1.03 | 1.09 | 1.16 |
| Quick ratioi | 0.88 | 0.66 | 0.83 | 1.01 | 1.15 | 0.97 | 1.03 | 1.09 |
| Debt / assetsi | -- | 10.70 | 5.59 | 36.56 | 32.41 | 45.32 | 51.45 | 43.83 |
| LT debt / equityi | -- | 23.92 | -- | 101.23 | 67.84 | 182.03 | 269.60 | 186.77 |
| Interest coveragei | -2.42 | -- | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | 66.97 | 51.10 | 61.28 | 93.26 | 68.69 | 20.19 | -13.11 | -5.32 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | 6.25 | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | 120.87 | -- | 49.98 | -56.54 | -- | -50.01 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -50.10 | -46.57 | -46.90 | -27.50 | -21.82 | -20.40 |
| ROA %i | -10.97 | -9.66 | -9.31 | -5.80 | -4.56 | -4.21 |
| ROIC %i | -15.71 | -13.96 | -13.40 | -8.61 | -6.66 | -6.31 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -11.02 | -9.12 | -6.92 | -0.88 | 6.02 | 7.28 |
| FCF / sales %i | -- | -- | 3.00 | 3.47 | 1.98 | 3.53 |
| Current ratioi | 1.09 | 1.09 | 1.10 | 1.10 | 1.16 | 1.20 |
| Quick ratioi | 1.03 | 1.04 | 1.04 | 1.03 | 1.09 | 1.12 |
| Debt / assetsi | 51.45 | 50.07 | 49.46 | 42.26 | 43.83 | 42.22 |
| LT debt / equityi | 269.60 | 266.92 | 269.39 | 182.38 | 186.77 | 180.32 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- On Device Solutions (ODS) is the largest reported line at 66.27% of revenue, across 3 reported segments.
- App Growth Platform (AGP) follows at 34.10%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
On Device Solutions (ODS)66.27%
App Growth Platform (AGP)34.10%
Quote time 2026-10-08 06:10:50 · For reference only, not investment advice and not tailored to your situation.