Digital Turbine Inc
NASDAQ:APPS
Digital Turbine Inc
Digital Turbine, Inc. engages in the innovation of media and mobile communications which help to deliver an end-to-end platform solution for mobile operators, application developers, device original equipment manufacturers (OEM), and other third parties. The company is headquartered in Austin, Texas and currently employs 280 full-time employees. The company went IPO on 2006-06-30. The firm's digital media platform powers frictionless end-to-end application for brand discovery and advertising, user acquisition and engagement, operational efficiency, and monetization opportunities. The firm provides on-device solutions to all participants in the mobile application ecosystem that enables to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (OEMs) that participates in the app economy, app publishers and developers, and brands and advertising agencies. The firm's Media Distribution business is an advertiser solution for carrier and OEM inventory, which consist of its core platform and other recurring and life-cycle products, and professional services delivered on its platform.
Digital Turbine, Inc. engages in the innovation of media and mobile communications which help to deliver an end-to-end platform solution for mobile operators, application developers, device original equipment manufacturers (OEM), and other third parties. The company is headquartered in Austin, Texas and currently employs 280 full-time employees. The company went IPO on 2006-06-30. The firm's digital media platform powers frictionless end-to-end application for brand discovery and advertising, user acquisition and engagement, operational efficiency, and monetization opportunities. The firm provides on-device solutions to all participants in the mobile application ecosystem that enables to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (OEMs) that participates in the app economy, app publishers and developers, and brands and advertising agencies. The firm's Media Distribution business is an advertiser solution for carrier and OEM inventory, which consist of its core platform and other recurring and life-cycle products, and professional services delivered on its platform.
Revenue Growth: Digital Turbine reported third quarter revenue of $151.4 million, up 12% year-over-year and above expectations.
Profitability: Adjusted EBITDA reached $38.8 million, growing 76% year-over-year, with EBITDA margin expanding to 26%.
Segment Strength: Both On Device Solutions and App Growth Platform segments delivered double-digit growth, with international business and non-gaming inventory as key drivers.
Guidance Raised: Full-year revenue guidance increased to $553–558 million, and adjusted EBITDA guidance raised to $114–117 million for fiscal 2026.
Balance Sheet Improvement: Debt leverage ratio reduced to roughly 3 turns, and the company ended the quarter with $40 million in cash after raising $44.6 million from an equity offering.
Strategic Priorities: Management highlighted AI integration, supply/demand flywheel, and brand business scaling as drivers for future growth.
