APPS
Digital Turbine, Inc.
APPS lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover, though they disagree widely on how much.
APPS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Unavailable | |
| Stable |
APPS's revenue is currently strong, and its profitability and balance sheet are stable. There isn't enough data to rate its cash flow.
APPS PE Valuation
APPS has no meaningful PE right now: it lost money over the past year.
APPS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Weakening | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for APPS, but weaker profitability. However, they disagree widely on these estimates.
APPS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.71 | — |
| Q3 2026 | -$0.03 | +$0.70 |
| Q2 2026 | -$0.29 | +$0.48 |
| Q1 2026 | -$0.33 | +$0.56 |
| Q4 2025 | -$0.48 | +$2.56 |
| Q3 2025 | -$0.73 | +$2.23 |
| Q2 2025 | -$0.77 | +$3.56 |
| Q1 2025 | -$0.89 | +$3.27 |
| Q4 2024 | -$3.04 | -$1.07 |
APPS is still losing money, but far less than before: $0.03 per share over the past year, against $4.33 at its worst in mid-2024.
APPS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $178.7M | +27% |
| Q2 2026 | $166M | +27% |
| Q1 2026 | $142.5M | +20% |
| Q4 2025 | $151.4M | +12% |
| Q3 2025 | $140.4M | +18% |
| Q2 2025 | $130.9M | +11% |
| Q1 2025 | $119.2M | +6.2% |
| Q4 2024 | $134.6M | -5.6% |
APPS's revenue is recovering but still below its 2021 peak: $179M last quarter, up 27% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +6.7 points |
| Q2 2026 | 14% | +17 points |
| Q1 2026 | 7.4% | +17 points |
| Q4 2025 | 14% | +24 points |
| Q3 2025 | 4.7% | +16 points |
| Q2 2025 | -3.6% | +10 points |
| Q1 2025 | -9.8% | +175 points |
| Q4 2024 | -9.5% | -3 points |
APPS's operating margin was 11% last quarter, up 6.7 points from the same quarter a year ago.
APPS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $10M | -31% |
| Q2 2026 | $11.2M | +27% |
| Q4 2025 | $14.2M | +36% |
| Q3 2025 | $14.5M | +$23.2M |
| Q2 2025 | $8.8M | +$10.1M |
| Q1 2025 | $11.5M | +$23.3M |
| Q4 2024 | $10.4M | -10% |
| Q3 2024 | -$8.7M | -132% |
APPS still generates free cash flow, though less than at its 2022 peak: $50M over the past year.
APPS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.1% | +8.6M shares |
| 1 year | +18% | +20.1M shares |
| 3 years | +28% | +28.6M shares |
| 5 years | +34% | +33.1M shares |
| Available history | +40% | +36.8M shares |
APPS has 129M diluted shares, up 18% from a year ago.
APPS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.1x | Moderate |
| Q2 2026 | 2.5x | Moderate |
| Q1 2026 | 3.1x | Elevated |
| Q4 2025 | 3.5x | Elevated |
| Q3 2025 | 6.1x | High |
| Q2 2025 | 8.6x | High |
| Q1 2025 | 12.8x | High |
| Q2 2023 | 3.5x | Elevated |
APPS's net debt is about 2.1 years of its operating earnings (EBITDA), down from 6.1 years a year ago.
APPS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.7 | Neutral |
| Stochastic | 16.4 | Oversold |
APPS's weekly RSI is 44 (neutral) and its Stochastic is 16 (oversold).
APPS PE vs Technology Sector
| Metric | APPS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
APPS has no meaningful PE right now: it lost money over the past year.
APPS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.84 | 26% below |
| 20 week MA | $10.4 | 30% below |
| 50 week MA | $7.22 | 1.1% above |
| 100 week MA | $5.77 | 27% above |
| 200 week MA | $5.92 | 23% above |
APPS has slipped below its 8- and 20-week averages, though it's still 23% above its 200-week average.
APPS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $7.40 | $58.6 | +692% |
| 2021 | $58.6 | $62.2 | +6.1% |
| 2022 | $62.2 | $14.1 | -77% |
| 2023 | $14.1 | $6.86 | -51% |
| 2024 | $6.86 | $1.86 | -73% |
| 2025 | $1.86 | $5.22 | +181% |
| 2026 YTD | $5.22 | $7.30 | +40% |
APPS's yearly returns have swung widely, from +692% in 2020 to −77% in 2022. It's up 40% so far in 2026.