Digital Turbine (NASDAQ:APPS) Announces Earnings Results

Posted by George Bondi on May 26th, 2026

Digital Turbine (NASDAQ:APPS – Get Free Report) announced its quarterly earnings results on Tuesday. The software maker reported $0.16 EPS for the quarter, topping the consensus estimate of $0.09 by $0.07, FiscalAI reports. The company had revenue of $142.55 million during the quarter, compared to analyst estimates of $133.23 million. Digital Turbine had a positive return on equity of 21.26% and a negative net margin of 8.93%.

Digital Turbine Stock Up 5.7%

Shares of APPS traded up $0.26 during midday trading on Tuesday, reaching $4.81. 6,472,552 shares of the company were exchanged, compared to its average volume of 2,700,229. The stock has a 50-day moving average price of $3.53 and a 200-day moving average price of $4.38. The company has a market cap of $576.72 million, a price-to-earnings ratio of -10.02, a P/E/G ratio of 0.18 and a beta of 2.40. Digital Turbine has a 1-year low of $2.74 and a 1-year high of $8.28. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.80.

Institutional Trading of Digital Turbine

Hedge funds have recently made changes to their positions in the company. Quarry LP raised its stake in shares of Digital Turbine by 1,323.4% during the fourth quarter. Quarry LP now owns 5,594 shares of the software maker’s stock valued at $28,000 after purchasing an additional 5,201 shares during the period. Smartleaf Asset Management LLC purchased a new stake in shares of Digital Turbine during the second quarter valued at approximately $57,000. Legal & General Group Plc raised its stake in shares of Digital Turbine by 31.6% during the second quarter. Legal & General Group Plc now owns 10,624 shares of the software maker’s stock valued at $63,000 after purchasing an additional 2,550 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in shares of Digital Turbine during the third quarter valued at approximately $71,000. Finally, State of Wyoming purchased a new stake in shares of Digital Turbine during the second quarter valued at approximately $72,000. Hedge funds and other institutional investors own 63.66% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Zacks Research lowered Digital Turbine from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Digital Turbine in a research note on Friday, March 27th. Finally, Wall Street Zen upgraded Digital Turbine from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $7.75.

View Our Latest Stock Report on Digital Turbine

About Digital Turbine

(Get Free Report)

Digital Turbine, Inc (NASDAQ: APPS) is a mobile technology company that streamlines content delivery and app advertising across connected devices. Its platform enables carriers, OEMs, app developers and advertisers to engage users through personalized app recommendations, in-app promotions and turnkey monetization solutions. By integrating software directly on smartphones and tablets, Digital Turbine simplifies the user journey from discovery to installation without requiring additional downloads or redirects through traditional app stores.

The company’s flagship Ignite Platform offers end-to-end campaign management, combining demand-side advertising, real-time analytics and automated content fulfillment.

Earnings History for Digital Turbine (NASDAQ:APPS)

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