Symbols / APPS Stock $3.46 +0.29% Digital Turbine, Inc.

Technology • Software - Application • United States • NCM
APPS (Stock) Chart
O: — H: — L: — C: — V: —
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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 414.85M
Enterprise Value 737.44M
Income -49.22M
Sales 541.85M
FCF (ttm) 34.15M
Book/sh 1.63
Cash/sh 0.34
Employees 647
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 5.54
PEG 0.69
P/S 0.77
P/B 2.13
P/C —
EV/EBITDA 8.09
EV/Sales 1.36
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%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-02-03
Earnings (prior) 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 108.24M
Insider Own 5.23%
Instit Own 64.66%
Short Float 11.39%
Short Ratio 5.74
Short Interest 13.03M
52W High 8.28
vs 52W High -58.21%
52W Low 2.74
vs 52W Low 26.28%
Beta 2.34
Impl. Vol. 84.38%
Rel Volume 0.84
Avg Volume 2.87M
Volume 2.41M
Target (mean) $8.75
Tgt Median $8.75
Tgt Low $7.50
Tgt High $10.00
# Analysts 2
Recom None
Prev Close $3.45
Price $3.46
Change 0.29%
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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$8.75
Mean price target
2. Current target
$3.46
Latest analyst target
3. DCF / Fair value
$5.13
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.46
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
News
RSS: Latest APPS news
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 GYANI MOHANBIR SINGH Director — 35,321 $0.00 $0
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 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 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Revenue
490.51
-9.91%
544.48
-18.24%
665.92
-10.93%
747.60
Operating Revenue
490.51
-9.91%
544.48
-18.24%
665.92
-10.93%
747.60
Cost Of Revenue
269.83
-9.16%
297.02
-14.08%
345.69
-13.68%
400.49
Reconciled Cost Of Revenue
269.83
-9.16%
297.02
-14.08%
345.69
-13.68%
400.49
Gross Profit
220.68
-10.82%
247.46
-22.72%
320.23
-7.74%
347.11
Operating Expense
274.75
-3.68%
285.25
+4.08%
274.06
+7.53%
254.87
Research And Development
39.46
-27.13%
54.16
-4.12%
56.49
+7.14%
52.72
Selling General And Administration
235.29
+1.81%
231.10
+6.21%
217.58
+7.63%
202.15
Selling And Marketing Expense
61.64
+0.26%
61.48
-2.87%
63.30
-0.02%
63.31
General And Administrative Expense
173.65
+2.38%
169.62
+9.94%
154.28
+11.12%
138.84
Other Gand A
173.65
+2.38%
169.62
+9.94%
154.28
+11.12%
138.84
Total Expenses
544.58
-6.47%
582.28
-6.05%
619.75
-5.43%
655.36
Operating Income
-54.08
-43.06%
-37.80
-181.88%
46.16
-49.95%
92.24
Total Operating Income As Reported
-54.08
+85.56%
-374.44
-911.09%
46.16
-49.95%
92.24
EBITDA
28.84
-37.40%
46.06
-63.80%
127.24
-15.00%
149.69
Normalized EBITDA
27.84
-92.72%
382.23
+198.00%
128.26
-32.03%
188.72
Reconciled Depreciation
82.91
-1.13%
83.86
+3.44%
81.07
+41.11%
57.45
EBIT
-54.08
-43.06%
-37.80
-181.88%
46.16
-49.95%
92.24
Total Unusual Items
1.00
+100.30%
-336.17
-32664.81%
-1.03
+97.37%
-39.02
Special Income Charges
-0.30
+99.91%
-336.27
0.00
+100.00%
-41.09
Impairment Of Capital Assets
0.00
-100.00%
336.64
0.00
0.00
Restructuring And Mergern Acquisition
0.30
+180.65%
-0.37
0.00
-100.00%
41.09
Net Income
-92.10
+78.08%
-420.23
-2620.41%
16.67
-53.09%
35.55
Pretax Income
-87.86
+78.31%
-405.13
-1940.17%
22.02
-49.93%
43.97
Net Non Operating Interest Income Expense
-34.78
-12.79%
-30.84
-32.06%
-23.35
-174.89%
-8.49
Net Interest Income
-34.78
-12.79%
-30.84
-32.06%
-23.35
-174.89%
-8.49
Other Income Expense
0.99
+100.30%
-336.50
-42120.20%
-0.80
+98.00%
-39.77
Other Non Operating Income Expenses
-0.00
+99.09%
-0.33
-243.23%
0.23
+130.57%
-0.75
Gain On Sale Of Security
1.30
+1184.16%
0.10
+109.84%
-1.03
-149.76%
2.06
Tax Provision
4.24
-72.35%
15.32
+197.65%
5.15
-38.76%
8.40
Tax Rate For Calcs
0.00
+0.00%
0.00
-10.16%
0.00
+22.31%
0.00
Tax Effect Of Unusual Items
0.21
+100.30%
-70.60
-29337.14%
-0.24
+96.78%
-7.46
Net Income Including Noncontrolling Interests
-92.10
+78.10%
-420.45
-2592.28%
16.87
-52.57%
35.57
Net Income From Continuing Operation Net Minority Interest
-92.10
+78.08%
-420.23
-2620.41%
16.67
-53.09%
35.55
Net Income From Continuing And Discontinued Operation
-92.10
+78.08%
-420.23
-2620.41%
16.67
-53.09%
35.55
Net Income Continuous Operations
-92.10
+78.10%
-420.45
-2592.28%
16.87
-52.57%
35.57
Net Income Discontinuous Operations
—
—
—
0.00
Minority Interests
0.00
-100.00%
0.22
+211.68%
-0.20
-756.52%
-0.02
Normalized Income
-92.89
+39.94%
-154.66
-985.82%
17.46
-73.99%
67.11
Net Income Common Stockholders
-92.10
+78.08%
-420.23
-2620.41%
16.67
-53.09%
35.55
Diluted EPS
-0.89
+78.61%
-4.16
-2700.00%
0.16
-54.29%
0.35
Basic EPS
-0.89
+78.61%
-4.16
-2547.06%
0.17
-54.05%
0.37
Basic Average Shares
103.75
+2.75%
100.97
+2.22%
98.78
+3.77%
95.20
Diluted Average Shares
103.75
+2.75%
100.97
-0.83%
101.82
-0.80%
102.64
Diluted NI Availto Com Stockholders
-92.10
+78.08%
-420.23
-2620.41%
16.67
-53.09%
35.55
Total Other Finance Cost
34.78
+12.79%
30.84
+32.06%
23.35
+174.89%
8.49
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Assets
812.85
-6.09%
865.54
-31.66%
1,266.56
-13.16%
1,458.51
Current Assets
242.78
+0.18%
242.34
-8.92%
266.07
-35.24%
410.87
Cash Cash Equivalents And Short Term Investments
40.08
+19.28%
33.60
-55.52%
75.56
-40.40%
126.77
Cash And Cash Equivalents
40.08
+19.28%
33.60
-55.52%
75.56
-40.40%
126.77
Cash Financial
—
—
—
126.77
Receivables
190.06
-2.90%
195.74
+9.85%
178.19
-32.28%
263.14
Accounts Receivable
106.88
-21.76%
136.60
-0.23%
136.92
-27.63%
189.21
Receivables Adjustments Allowances
-9.55
+1.63%
-9.71
+4.90%
-10.21
-21.60%
-8.39
Other Receivables
84.44
+31.69%
64.12
+24.56%
51.47
-37.47%
82.32
Taxes Receivable
8.29
+75.36%
4.73
—
—
Prepaid Assets
6.92
-10.14%
7.70
-10.30%
8.59
-58.25%
20.57
Restricted Cash
—
—
0.50
+26.90%
0.39
Other Current Assets
5.71
+7.98%
5.29
+41.80%
3.73
-81.87%
20.57
Total Non Current Assets
570.08
-8.52%
623.20
-37.71%
1,000.49
-4.50%
1,047.64
Net PPE
56.89
+3.61%
54.91
+11.15%
49.40
+6.18%
46.52
Gross PPE
138.76
+25.92%
110.20
+32.39%
83.24
+28.40%
64.83
Accumulated Depreciation
-81.87
-48.07%
-55.29
-63.39%
-33.84
-84.89%
-18.30
Properties
0.00
0.00
0.00
0.00
Buildings And Improvements
—
—
—
15.44
Machinery Furniture Equipment
125.19
+28.55%
97.38
+40.08%
69.52
+52.12%
45.70
Leases
13.57
+5.89%
12.82
-6.58%
13.72
-28.27%
19.13
Goodwill And Other Intangible Assets
479.44
-10.15%
533.58
-43.31%
941.21
-5.92%
1,000.38
Goodwill
221.74
+0.76%
220.07
-60.81%
561.58
+0.32%
559.79
Other Intangible Assets
257.70
-17.80%
313.50
-17.42%
379.63
-13.84%
440.59
Non Current Deferred Assets
—
—
—
0.00
Non Current Deferred Taxes Assets
—
—
—
0.00
Other Non Current Assets
33.75
-2.78%
34.71
+251.28%
9.88
+1250.00%
0.73
Total Liabilities Net Minority Interest
658.90
+1.12%
651.61
-1.17%
659.30
-30.03%
942.29
Current Liabilities
222.53
-5.72%
236.02
+6.84%
220.92
-42.66%
385.26
Payables And Accrued Expenses
201.09
-7.88%
218.29
+15.77%
188.56
-28.31%
263.03
Payables
154.96
-10.72%
173.57
+45.44%
119.34
-28.91%
167.86
Accounts Payable
139.94
-12.10%
159.20
+33.40%
119.34
-28.91%
167.86
Current Accrued Expenses
46.13
+3.13%
44.72
-35.39%
69.22
-27.27%
95.17
Pensionand Other Post Retirement Benefit Plans Current
7.50
+4.08%
7.21
-34.37%
10.98
-61.83%
28.77
Total Tax Payable
15.02
+4.48%
14.37
—
—
Income Tax Payable
15.02
+4.48%
14.37
—
—
Current Debt And Capital Lease Obligation
3.39
+11.59%
3.04
—
12.50
Current Debt
—
—
—
12.50
Other Current Borrowings
—
—
—
12.50
Current Capital Lease Obligation
3.39
+11.59%
3.04
—
—
Other Current Liabilities
10.55
+40.98%
7.48
-65.00%
21.38
-73.60%
80.96
Total Non Current Liabilities Net Minority Interest
436.37
+5.00%
415.58
-5.20%
438.38
-21.30%
557.03
Long Term Debt And Capital Lease Obligation
414.80
+6.57%
389.24
-5.19%
410.52
-21.17%
520.78
Long Term Debt
408.69
+6.57%
383.49
-6.58%
410.52
-21.17%
520.78
Long Term Capital Lease Obligation
6.11
+6.35%
5.75
—
—
Non Current Deferred Liabilities
16.31
-20.15%
20.42
+46.51%
13.94
-30.22%
19.98
Non Current Deferred Taxes Liabilities
16.31
-20.15%
20.42
+46.51%
13.94
-30.22%
19.98
Other Non Current Liabilities
5.26
-11.14%
5.92
-57.44%
13.92
-14.45%
16.27
Stockholders Equity
153.96
-28.03%
213.93
-64.65%
605.20
+17.61%
514.57
Common Stock Equity
153.86
-28.05%
213.83
-64.66%
605.10
+17.62%
514.47
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
106.74
+3.75%
102.88
+2.65%
100.22
+2.34%
97.92
Ordinary Shares Number
105.98
+3.78%
102.12
+2.68%
99.46
+2.36%
97.16
Treasury Shares Number
0.76
+0.00%
0.76
+0.00%
0.76
+0.00%
0.76
Additional Paid In Capital
892.66
+4.02%
858.19
+4.38%
822.22
+10.27%
745.66
Retained Earnings
-687.44
-15.47%
-595.34
-239.97%
-175.12
+8.69%
-191.79
Gains Losses Not Affecting Retained Earnings
-51.30
-4.80%
-48.95
-16.71%
-41.95
-6.62%
-39.34
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
+25.24%
1.64
Other Equity Adjustments
-51.30
-4.80%
-48.95
-16.71%
-41.95
-6.62%
-39.34
Total Equity Gross Minority Interest
153.96
-28.03%
213.93
-64.77%
607.25
+17.64%
516.22
Total Capitalization
562.64
-5.82%
597.42
-41.18%
1,015.72
-1.90%
1,035.36
Working Capital
20.25
+220.61%
6.32
-86.01%
45.15
+76.30%
25.61
Invested Capital
562.54
-5.82%
597.32
-41.19%
1,015.62
-3.07%
1,047.76
Total Debt
418.19
+6.61%
392.27
-4.45%
410.52
-23.02%
533.28
Net Debt
368.60
+5.35%
349.88
+4.45%
334.96
-17.60%
406.52
Capital Lease Obligations
9.50
+8.16%
8.78
—
—
Net Tangible Assets
-325.48
-1.83%
-319.64
+4.87%
-336.01
+30.83%
-485.81
Tangible Book Value
-325.58
-1.82%
-319.75
+4.87%
-336.11
+30.83%
-485.91
Interest Payable
1.95
-42.91%
3.41
—
—
Preferred Shares Number
0.10
+400.00%
0.02
+0.00%
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 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow
11.88
-58.57%
28.68
-74.71%
113.38
+33.80%
84.74
Cash Flow From Continuing Operating Activities
11.88
-58.57%
28.68
-74.71%
113.38
+33.80%
84.74
Cash From Discontinued Operating Activities
—
—
—
0.00
Net Income From Continuing Operations
-92.10
+78.10%
-420.45
-2592.28%
16.87
-52.57%
35.57
Depreciation Amortization Depletion
82.91
-1.13%
83.86
+3.44%
81.07
+41.11%
57.45
Depreciation
27.30
+39.96%
19.50
+18.46%
16.46
+82.30%
9.03
Amortization Cash Flow
55.61
-13.59%
64.36
-0.39%
64.61
+33.43%
48.42
Depreciation And Amortization
82.91
-1.13%
83.86
+3.44%
81.07
+41.11%
57.45
Amortization Of Intangibles
55.61
-13.59%
64.36
-0.39%
64.61
+33.43%
48.42
Other Non Cash Items
5.31
+92.61%
2.76
-57.53%
6.50
-86.42%
47.84
Stock Based Compensation
33.54
-0.65%
33.76
+11.06%
30.40
+57.49%
19.30
Provisionand Write Offof Assets
2.77
-13.59%
3.20
-3.79%
3.33
+203.37%
1.10
Asset Impairment Charge
0.00
-100.00%
336.64
0.00
0.00
Deferred Tax
-4.05
-158.75%
6.90
+214.26%
-6.04
-51.70%
-3.98
Deferred Income Tax
-4.05
-158.75%
6.90
+214.26%
-6.04
-51.70%
-3.98
Operating Gains Losses
-1.30
-1184.16%
-0.10
+90.16%
-1.03
+50.24%
-2.06
Net Foreign Currency Exchange Gain Loss
-1.30
-1184.16%
-0.10
+90.16%
-1.03
+50.24%
-2.06
Change In Working Capital
-15.20
+15.04%
-17.90
-0.95%
-17.73
+74.85%
-70.49
Change In Receivables
2.25
+109.54%
-23.61
-124.64%
95.80
+230.07%
-73.66
Changes In Account Receivables
5.82
+130.25%
-19.25
-122.95%
83.89
+213.90%
-73.66
Change In Prepaid Assets
0.78
+12.94%
0.69
+1304.08%
0.05
+100.89%
-5.50
Change In Payables And Accrued Expense
-17.63
-1147.47%
1.68
+101.81%
-93.06
-3943.91%
2.42
Change In Accrued Expense
1.72
+104.46%
-38.51
+12.94%
-44.23
-50.74%
-29.34
Change In Payable
-19.34
-148.13%
40.19
+182.30%
-48.83
-253.74%
31.76
Change In Account Payable
-19.34
-148.13%
40.19
+182.30%
-48.83
-253.74%
31.76
Change In Other Working Capital
—
—
3.33
+203.37%
1.10
Change In Other Current Assets
-2.38
+74.31%
-9.25
-101.53%
-4.59
-277.94%
2.58
Change In Other Current Liabilities
1.77
-85.93%
12.59
+179.02%
-15.93
-534.09%
3.67
Investing Cash Flow
-27.48
+37.34%
-43.85
-25.05%
-35.06
+79.61%
-172.00
Cash Flow From Continuing Investing Activities
-27.48
+37.34%
-43.85
-25.05%
-35.06
+79.61%
-172.00
Capital Expenditure
-27.48
-13.17%
-24.28
-1.76%
-23.86
-2.48%
-23.28
Capital Expenditure Reported
-27.48
-13.17%
-24.28
-1.76%
-23.86
-2.48%
-23.28
Net Business Purchase And Sale
0.00
+100.00%
-19.57
-74.61%
-11.21
+92.46%
-148.72
Purchase Of Business
—
—
-2.71
+98.18%
-148.72
Financing Cash Flow
23.28
+179.46%
-29.30
+77.16%
-128.29
-169.25%
185.24
Cash Flow From Continuing Financing Activities
23.28
+179.46%
-29.30
+77.16%
-128.29
-169.25%
185.24
Net Issuance Payments Of Debt
25.00
+192.14%
-27.13
+78.03%
-123.50
-124.88%
496.29
Issuance Of Debt
38.00
-24.00%
50.00
+96.08%
25.50
-95.36%
549.06
Repayment Of Debt
-13.00
+83.15%
-77.13
+48.23%
-149.00
-182.35%
-52.77
Long Term Debt Issuance
38.00
-24.00%
50.00
+96.08%
25.50
-95.36%
549.06
Long Term Debt Payments
-13.00
+83.15%
-77.13
+48.23%
-149.00
-182.35%
-52.77
Net Long Term Debt Issuance
25.00
+192.14%
-27.13
+78.03%
-123.50
-124.88%
496.29
Proceeds From Stock Option Exercised
0.37
-87.01%
2.87
+42.13%
2.02
-53.02%
4.30
Net Other Financing Charges
-2.09
+58.47%
-5.04
+26.01%
-6.81
+97.84%
-315.35
Changes In Cash
7.68
+117.28%
-44.47
+11.02%
-49.98
-151.01%
97.98
Effect Of Exchange Rate Changes
-1.21
-147.86%
2.52
+254.76%
-1.63
+15.92%
-1.94
Beginning Cash Position
33.60
-55.52%
75.56
-40.58%
127.16
+308.64%
31.12
End Cash Position
40.08
+19.28%
33.60
-55.52%
75.56
-40.58%
127.16
Free Cash Flow
-15.60
-454.64%
4.40
-95.09%
89.52
+45.66%
61.46
Interest Paid Supplemental Data
35.58
+15.85%
30.72
+52.16%
20.19
+237.29%
5.99
Income Tax Paid Supplemental Data
7.15
+367.63%
1.53
-72.98%
5.66
+229.91%
1.72
Sale Of Business
0.00
-100.00%
0.07
—
—
SEC Filings

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

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