# Digital Turbine Inc. (APPS)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $1.15B  
**Price:** $10.14 (-0.78%)

> Digital Turbine Inc. is an independent mobile growth platform that powers superior mobile consumer experiences and delivers measurable results for mobile operators, advertisers, publishers, carriers, and device original equipment manufacturers. It operates through two primary segments: On Device Solutions, which delivers mobile application media and content directly to end users on devices, and App Growth Platform, which enables app publishers and developers to monetize their monthly active users through display, native, and video advertising. The platform simplifies end-to-end processes for brand discovery, user acquisition, engagement, and monetization, connecting partners across the mobile ecosystem including app developers, brands, and advertising agencies. Digital Turbine Inc. supports personalized content recommendations and programmatic advertising services, enhancing operational efficiency in the mobile advertising industry. Founded in 1998 and headquartered in Austin, Texas, it maintains a global presence with offices worldwide, positioning it as a key player in driving premium mobile media and growth solutions.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $565M | $322M | $34M | -$38M | — |
| 2025 | $491M | $255M | -$54M | -$92M | — |
| 2024 | $544M | $282M | -$374M | -$420M | — |
| 2023 | $666M | $357M | $46M | $17M | — |
| 2022 | $748M | $377M | $92M | $36M | — |
| 2021 | $314M | $135M | $59M | $55M | — |
| 2020 | $139M | $55M | $13M | $14M | — |
| 2019 | $104M | $36M | $3M | -$6M | — |
| 2018 | $75M | $25M | -$6M | -$53M | — |
| 2017 | $40M | $11M | -$17M | -$24M | — |
| 2016 | $22M | $1M | -$23M | -$28M | — |
| 2015 | $28M | $6M | -$24M | -$25M | — |
| 2014 | $24M | $8M | -$16M | -$19M | — |
| 2013 | $4M | $2M | -$11M | -$14M | — |
| 2012 | $7M | $4M | -$17M | -$31M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2026 | $842M | $649M | $192M | $38M | $361M |
| 2025 | $813M | $659M | $154M | $39M | $409M |
| 2024 | $866M | $652M | $214M | $33M | $383M |
| 2023 | $1.27B | $659M | $605M | $75M | $411M |
| 2022 | $1.46B | $942M | $515M | $127M | $533M |
| 2021 | $260M | $115M | $145M | $31M | $15M |
| 2020 | $184M | $107M | $77M | $22M | $20M |
| 2019 | $83M | $47M | $36M | $11M | — |
| 2018 | $87M | $59M | $28M | $13M | $4M |
| 2017 | $108M | $46M | $62M | $6M | $10M |
| 2016 | $122M | $40M | $82M | $11M | — |
| 2015 | $123M | $31M | $92M | $7M | $7M |
| 2014 | $45M | $12M | $33M | $22M | — |
| 2013 | $12M | $12M | $737,000 | $1M | $1M |
| 2012 | $15M | $9M | $6M | $9M | $3M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2026 | $42M | $31M | $11M |
| 2025 | $12M | $27M | -$16M |
| 2024 | $29M | $24M | $4M |
| 2023 | $113M | — | — |
| 2022 | $85M | — | — |
| 2021 | $63M | — | — |
| 2020 | $31M | — | — |
| 2019 | $1M | — | — |
| 2018 | $7M | — | — |
| 2017 | -$7M | — | — |
| 2016 | -$7M | — | — |
| 2015 | -$15M | — | — |
| 2014 | -$8M | — | — |
| 2013 | -$7M | — | — |
| 2012 | -$2M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/APPS)