Digital Turbine, Inc. (APPS)
Digital Turbine, Inc. brought in $638.6M of revenue over the twelve months to September 30, 2026, up 21.6% from a year earlier. It posted a net loss of $5.2M. Operating cash flow minus capital spending left $11.2M of free cash flow in fiscal 2026. At September 30, 2026 it held $51.4M in cash against $353.6M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.
Key facts about Digital Turbine, Inc.
- Net worth
- Digital Turbine, Inc. has a market value (market cap) of $877.4M at the latest share price, and shareholders' equity of $196.9M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2026 revenue was $565.3M (+15.2% year on year), with a net loss of $37.7M. Over the 12 months to September 30, 2026: revenue $638.6M, net loss $5.2M.
- Cash flow
- In fiscal 2026 operations brought in $41.8M of cash; after $30.6M of capital spending, free cash flow was $11.2M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Digital Turbine, Inc.'s next report is expected around February 2, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Digital Turbine, Inc. does
Digital Turbine, Inc. is registered with the SEC under industry code SIC 6794 (Patent Owners & Lessors). Its shares trade on NASDAQ under the ticker APPS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2026 | $565.3M | -$37.7M | -$0.33 | $11.2M |
| 2025 | $490.5M | -$92.1M | -$0.89 | -$15.6M |
| 2024 | $544.5M | -$420.2M | -$4.16 | $4.4M |
| 2023 | $665.9M | $16.7M | $0.16 | n/a |
| 2022 | $747.6M | $35.5M | $0.35 | n/a |
| 2021 | $313.6M | $54.9M | $0.57 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where APPS ranks in Other
Latest SEC filings
What Digital Turbine, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 27% to $178.7M versus the same quarter last year; diluted EPS $0.06 versus -$0.20.
- November 9, 2026
- November 5, 2026
- October 1, 2026Other event 8-K
- October 1, 2026
- September 24, 2026Executive or director change8-KDigital Turbine Chief Business Officer Michael Akkerman has resigned effective October 30, 2026.
- September 8, 2026
- August 26, 2026
- August 25, 2026
- August 11, 2026Passive stake changed SCHEDULE 13G/A
What is APPS worth? A DCF from its reported cash flow
Insider trades
What the people running Digital Turbine, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 14 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 29, 2026 | Kinsell JoshuaChief Accounting Officer | Shares withheld for tax | 618 | $6.5K |
| October 9, 2026 | Kinsell JoshuaChief Accounting Officer | Shares withheld for tax | 6,994 | $75.4K |
| September 2, 2026 | Stone William Gordon IIIChief Executive Officer, Director | Received as pay | 204,498 | $2M |
| September 2, 2026 | Akkerman MichaelChief Business Officer | Received as pay | 76,687 | $750K |
| September 2, 2026 | Kinsell JoshuaChief Accounting Officer | Received as pay | 51,124 | $500K |
| September 2, 2026 | John BenneaserChief Technology Officer | Received as pay | 51,124 | $500K |
| August 25, 2026 | Sterling Michelle MDirector | Received as pay | 18,951 | - |
| August 25, 2026 | Deutschman Robert MDirector | Received as pay | 23,753 | - |
Who owns APPS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Orin Hirschman13G, passive with 1 related filers | 5.4% | July 27, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 210 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 9,353,236 | +698,980 |
| AIGH Capital Management LLC | 6,548,450 | +1,652,678 |
| D. E. Shaw & Co., Inc. | 5,071,927 | +4,781,827 |
| Vanguard Capital Management LLC | 4,981,106 | +308,658 |
| Vanguard Portfolio Management LLC | 4,315,867 | +329,542 |
| Granahan Investment Management, LLC | 3,494,200 | -3,618,151 |
| Geode Capital Management, LLC | 2,914,508 | +317,527 |
| Two Sigma Investments, LP | 2,803,368 | +1,250,778 |
| State Street Corp | 2,650,488 | -293,482 |
| Bank of America Corp | 2,617,867 | -1,001,304 |
| Arrowstreet Capital, Limited Partnership | 2,382,180 | +921,925 |
| Invesco Ltd. | 2,237,315 | +1,820,968 |
| Dimensional Fund Advisors LP | 2,030,466 | -323,128 |
| Renaissance Technologies LLC | 2,003,000 | +1,720,200 |
| UBS Group AG | 1,733,765 | +981,439 |
| Jane Street Group, LLC | 1,732,561 | +93,819 |
| Goldman Sachs Group Inc | 1,349,350 | -1,432,802 |
| Silvercrest Asset Management Group LLC | 1,053,466 | +117,422 |
| Manatuck Hill Partners, LLC | 1,043,461 | -309,956 |
| Nuveen, LLC | 998,579 | +752,488 |
Insiders
12 insiders reported holding 5,704,349 shares in total, about $41.4M at the last price.
| Holder | Shares |
|---|---|
| Stone William Gordon IIIChief Executive Officer, Director | 1,947,284 |
| John BenneaserChief Technology Officer | 744,193 |
| Deutschman Robert MDirector | 662,170 |
| Karish JeffDirector | 471,203 |
| Lasher Stephen AndrewChief Financial Officer | 423,531 |
| Akkerman MichaelChief Business Officer | 337,919 |
| Kinsell JoshuaChief Accounting Officer | 307,614 |
| Chestnutt Roy HDirector | 270,154 |
| Sterling Michelle MDirector | 170,163 |
| Groos Holyce HessDirector | 163,127 |
Questions about APPS
What does Digital Turbine, Inc. do?
Digital Turbine, Inc. is a company in the Other sector, listed on NASDAQ as APPS. Its shares trade on NASDAQ under the ticker APPS.
What is Digital Turbine, Inc.'s net worth?
Digital Turbine, Inc. has a market value (market cap) of $877.4M at the latest share price, and shareholders' equity of $196.9M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Digital Turbine, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $5.2M on revenue of $638.6M.
How much revenue does Digital Turbine, Inc. make?
Over the twelve months to September 30, 2026 Digital Turbine, Inc. reported revenue of $638.6M. That is 21.6% more than a year earlier.
When did Digital Turbine, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.
When is Digital Turbine, Inc.'s next earnings report?
Digital Turbine, Inc.'s next report is expected around February 2, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Digital Turbine, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.