Digital Turbine (NASDAQ:APPS) Releases Earnings Results, Beats Estimates By $0.03 EPS

Posted by on Aug 4th, 2026

Digital Turbine (NASDAQ:APPS – Get Free Report) released its quarterly earnings data on Tuesday. The software maker reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03, Zacks reports. Digital Turbine had a positive return on equity of 27.60% and a negative net margin of 6.68%.

Here are the key takeaways from Digital Turbine’s conference call:

  • Revenue rose 27% year over year to $166 million, while adjusted EBITDA increased 69% to $42.5 million, expanding the margin to 25.6% amid continued operating leverage.
  • The App Growth Platform grew 56%, led by DTX up 54% and the direct brand business up more than 70%; management attributed the momentum to stronger advertiser demand, improved targeting, and AI-powered optimization.
  • Digital Turbine raised fiscal 2027 guidance to $650 million–$670 million of revenue and $145 million–$155 million of adjusted EBITDA, citing AI and data, international On Device Solutions, brand advertising, Ignite, and alternative app distribution as growth drivers.
  • The company strengthened its balance sheet, generating $17.9 million in operating cash flow, reducing debt by more than $8 million during the quarter, and lowering net leverage to 2.5 times; subsequent leverage improvements also reduced the margin on its largest loan tranche by 50 basis points.
  • Management expects AI to benefit app usage, advertising demand, and operational efficiency, but acknowledged that macroeconomic conditions, device-supply constraints, and a potential non-cash accounting adjustment to beginning retained earnings remain factors investors should monitor.

Digital Turbine Stock Performance

Shares of Digital Turbine stock traded up $0.51 on Tuesday, reaching $9.51. 6,885,617 shares of the company were exchanged, compared to its average volume of 4,060,349. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of -26.42, a P/E/G ratio of 0.62 and a beta of 2.81. Digital Turbine has a 1-year low of $2.74 and a 1-year high of $13.60. The company has a debt-to-equity ratio of 1.84, a quick ratio of 1.16 and a current ratio of 1.16. The company’s 50-day moving average is $9.51 and its two-hundred day moving average is $5.93.

Wall Street Analyst Weigh In

Several equities analysts recently commented on APPS shares. Bank of America raised Digital Turbine from a “neutral” rating to a “buy” rating and set a $7.50 price target on the stock in a research report on Wednesday, May 27th. Weiss Ratings lowered shares of Digital Turbine from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, June 5th. Benchmark started coverage on shares of Digital Turbine in a research report on Tuesday, July 21st. They set a “buy” rating and a $15.00 target price on the stock. Zacks Research cut shares of Digital Turbine from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Finally, Wall Street Zen upgraded shares of Digital Turbine from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $11.00.

Check Out Our Latest Research Report on Digital Turbine

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Digital Turbine by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 57,539 shares of the software maker’s stock valued at $156,000 after acquiring an additional 2,449 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Digital Turbine by 74.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,021,687 shares of the software maker’s stock worth $2,774,000 after acquiring an additional 437,310 shares during the period. Strs Ohio acquired a new stake in shares of Digital Turbine in the 1st quarter worth about $41,000. Creative Planning lifted its position in Digital Turbine by 39.2% in the 2nd quarter. Creative Planning now owns 21,289 shares of the software maker’s stock valued at $126,000 after purchasing an additional 5,991 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Digital Turbine by 272.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 686,327 shares of the software maker’s stock valued at $4,049,000 after purchasing an additional 501,829 shares during the period. 63.66% of the stock is currently owned by institutional investors.

Digital Turbine Company Profile

(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.

Featured Stories

Earnings History for Digital Turbine (NASDAQ:APPS)

Receive News & Ratings for Digital Turbine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Turbine and related companies with MarketBeat.com's FREE daily email newsletter.