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Earnings documents stored for APPS.
Investor releaseQuarter not tagged2026-05-27Update: Digital Turbine Fiscal Q4 Adjusted Earnings, Revenue Rise; 2027 Guidance Set; CFO Steve Lasher Steps Down
MT Newswires
Update: Digital Turbine Fiscal Q4 Adjusted Earnings, Revenue Rise; 2027 Guidance Set; CFO Steve Lasher Steps Down
(Updates with pre-bell stock move in the last paragraph, as well as information on the executive cha
Investor releaseQuarter not tagged2026-05-27APPS Q4 Earnings Beat Estimates, Revenues Up Y/Y, Shares Rise
Zacks
APPS Q4 Earnings Beat Estimates, Revenues Up Y/Y, Shares Rise
Digital Turbine APPS delivered fourth-quarter fiscal 2026 adjusted earnings of 16 cents per share, up 60% year over year. The figure beat the Zacks Consensus Estimate by 77.8%.Net revenues totaled $142.55 million, up 19.6% from the year-ago quarter and surpassing the consensus estimate of $133.23 million by about 7%. Strength in the App Growth Platform and a sharp year-over-year jump in adjusted EBITDA were key highlights.By segment, Digital Turbine’s On Device Solutions generated $91.0 million of net revenues before intercompany eliminations, rising 5% year over year. This performance signaled steadier device-level demand and execution across distribution channels, even as the company continues to optimize its partner mix.The share price of Digital Turbine is up 5.71% at the time of writing this article. Digital Turbine, Inc. price-consensus-eps-surprise-chart | Digital Turbine, Inc. Quote The non-GAAP gross margin expanded 200 basis points (bps) year over year to 50%.Sales and marketing expenses, as a percentage of revenues, decreased 10 bps from the year-ago quarter’s level to 10.3%.General and administrative expenses, as a percentage of revenues, decreased from the year-ago quarter’s level of 33.5% to 23.9%.Product development expenses, as a percentage of revenues, decreased 50 bps to 6.2%.Non-GAAP EBITDA was $31.4 million as compared with $20.5 million in the year-ago quarter, indicating an increase of 53% year over year.Digital Turbine reported a non-GAAP operating income of $10.5 million, up from an operating loss of $11.7 million reported in the year-ago quarter, reflecting the combined impact of higher scale and better expense discipline. As of March 31, 2026, cash and cash equivalents (including restricted cash) were $38 million compared with $40 million as of Dec. 31, 2025. In the reported quarter, the company generated cash flow from operations of $4.38 million compared with $14.17 million in the previous quarter.In the reported quarter, the company reported free cash flow burn of $3 million compared with $6.4 million in the previous quarter. Management pointed to momentum exiting fiscal 2026, improved execution and a stronger operating model as key supports for the outlook. The guidance implies a higher profitability profile compared with the prior year, underscoring that the company’s turnaround efforts are translating into more durable earning...
Investor releaseQuarter not tagged2026-05-27Digital Turbine, Inc. Q4 2026 Earnings Call Summary
Moby
Digital Turbine, Inc. Q4 2026 Earnings Call Summary
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Revenue growth of 15% for fiscal 26 was driven by a 57% surge in the App Growth Platform (AGP) during the March quarter, significantly outperforming the high single-digit global market growth rate. Management attributes the AGP acceleration to the successful integration of legacy tech stacks into a unified platform, which is now yielding higher advertiser demand and improved fill rates. The On-Device Solutions (ODS) segment saw over 20% growth in global devices and revenue per device (RPD), fueled by international expansion in Latin America and Europe. Operational leverage improved significantly, with adjusted EBITDA growing 70% year-over-year while headcount decreased by 4% through AI-driven automation of back-office and campaign management workflows. The company is pivoting toward an 'AI-first' distribution model, partnering with providers to distribute AI agents directly to device screens beyond traditional app installs. Strategic focus has shifted toward first-party data utilization via DTiQ and IgniteGraph, which improved targeting and led to a 40% increase in rates within the HEP business. Fiscal 2027 guidance projects revenue between $630 million and $650 million, assuming continued double-digit growth in both top and bottom lines. Management expects a structural tailwind from the 'open web to app' migration, noting that AI chatbots are driving a 10% to 40% decline in web traffic while increasing time spent in apps. The company anticipates accelerated momentum in the EU following a partnership with Orange, which provides access to a subscriber base larger than AT&T and Verizon combined. Future growth is predicated on the 'flywheel' effect of connecting 3 billion devices with 80,000 applications to drive alternative direct-to-consumer billing and distribution options. Capital allocation will prioritize further deleveraging of the balance sheet using free cash flow throughout fiscal 2027. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. CFO Stephen A. Lasher is stepping down in June to pursue another opportunity; Joshua Kinsell, Chief Accounting Officer, will serve as interim CFO. Management claims the business is 'more insulated' than most from macr...
Investor releaseQuarter not tagged2026-05-26Digital Turbine Fiscal Q4 Adjusted Earnings, Revenue Rise; 2027 Guidance Set
MT Newswires
Digital Turbine Fiscal Q4 Adjusted Earnings, Revenue Rise; 2027 Guidance Set
Digital Turbine (APPS) reported fiscal Q4 adjusted earnings late Tuesday of $0.16 per diluted share,
Investor releaseQuarter not tagged2026-05-26Digital Turbine: Fiscal Q4 Earnings Snapshot
Associated Press
Digital Turbine: Fiscal Q4 Earnings Snapshot
AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Digital Turbine Inc. (APPS) on Tuesday reported a loss of $7.3 million in its fiscal fourth quarter. The Austin, Texas-based company said it had a loss of 6 cents per share. Earnings, adjusted for one-time gains and costs, came to 16 cents per share. The mobile software company posted revenue of $142.5 million in the period. For the year, the company reported that its loss narrowed to $37.7 million, or 33 cents per share. Revenue was reported as $565.3 million. Digital Turbine expects full-year revenue in the range of $630 million to $650 million. In the final minutes of trading on Tuesday, the company's shares hit $4.83. A year ago, they were trading at $4.36. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APPS at https://www.zacks.com/ap/APPS
Investor releaseQuarter not tagged2026-05-26Digital Turbine APPS Q4 2026 Earnings Transcript
Motley Fool
Digital Turbine APPS Q4 2026 Earnings Transcript
Image source: The Motley Fool. Tuesday, May 26, 2026 at 4:30 p.m. ET Chief Executive Officer — William Gordon Stone Chief Financial Officer — Stephen A. Lasher SVP, Capital Markets and Strategy — Brian Bartholomew Need a quote from a Motley Fool analyst? Email [email protected] Brian Bartholomew: Thanks, Nick. Good afternoon, and welcome to the Digital Turbine fourth quarter and Fiscal Year 26 Earnings Conference Call. Joining me today on the call to discuss our results are CEO, CEO, William Gordon Stone, and CFO, Stephen A. Lasher. Before we get started, I would like to take this opportunity to remind you that our remarks today will include forward looking statements. These forward looking statements are based on our current assumptions, expectations, and beliefs. Including projected operating metrics, future products and services, anticipated market demand, and other forward looking topics. Although we believe that our assumptions are reasonable, they are not guarantees of future performance, and some will inevitably prove to be incorrect. Except as required by law, we undertake no obligation to update any forward looking statements. For a discussion of the risk factors that could cause our actual results to differ materially from those by our forward looking statements, please refer to the documents we file with the Securities and Exchange Commission. Also, during this call, we will discuss certain non GAAP measures of our performance. Non GAAP measures are not substitutes for GAAP measures. Please refer to today's press release for important information about the limitations of using non GAAP measures as well as reconciliations of these non GAAP financial results to the most comparable GAAP measures. Now I would like to turn the call over to our CEO, Bill Stone. William Gordon Stone: Thanks, Brian. Afternoon, everyone. I want to open my remarks by recognizing our team for delivering another quarter of strong results that exceeded our expectations, both for the March quarter and for the fiscal year. Our current June quarter is off to a positive start and combined with the broader business momentum, is enabling us to issue an annual outlook for fiscal year 27 guiding to another year of double digit top and bottom line growth. I am going to break my prepared remarks into 4 areas. First, we will be looking back at our fiscal 26 results in March. Second will be som...
Investor releaseQuarter not tagged2026-05-26Digital Turbine Q4 Earnings Call Highlights
MarketBeat
Digital Turbine Q4 Earnings Call Highlights
Interested in Digital Turbine, Inc.? Here are five stocks we like better. Digital Turbine beat expectations in fiscal 2026, with revenue up 15% to about $565 million and adjusted EBITDA up 69% to $122.5 million, showing strong operating leverage and improved free cash flow. Fourth-quarter results were especially strong in the App Growth Platform, where revenue jumped 57% year over year, while adjusted EBITDA margin expanded to 22% as the company benefited from AI-driven targeting and better first-party data use. Management issued fiscal 2027 guidance for revenue of $630 million to $650 million and adjusted EBITDA of $135 million to $145 million, and said growth should be supported by AI, international momentum, and continued strength in its on-device and brand businesses. MarketBeat Week in Review – 02/10 - 02/14 Digital Turbine (NASDAQ:APPS) reported fourth-quarter and fiscal 2026 results that exceeded management’s expectations, with executives pointing to growth in its on-device business, a sharp acceleration in its app growth platform and increased use of artificial intelligence across the company’s operations and advertising technology. Chief Executive Officer Bill Stone said the company’s June quarter was “off to a positive start” and that broader business momentum supported an annual outlook for fiscal 2027 calling for double-digit growth in both revenue and adjusted EBITDA. → Voya Financial Grows Earnings Across All 3 Business Segments Digital Turbine Roars Back—What’s Driving the Ad Tech Surge? For fiscal 2026, Stone said Digital Turbine generated revenue of $565 million, representing 15% year-over-year growth. He also said adjusted EBITDA increased nearly 70% from the prior year, which he said demonstrated “significant operating leverage” as the business scaled. Chief Financial Officer Steve Lasher later detailed the company’s financial performance, reporting total net revenue of $565.3 million for the full year, up 15% year-over-year. Adjusted EBITDA totaled $122.5 million, up 69%. The company reported a GAAP net loss of $37.3 million, or $0.33 per share, while non-GAAP net income was $64.9 million, or $0.56 per share. → SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns 3 Stocks for Bargain Hunters to Buy Now Free cash flow was $11.8 million for the year, an improvement of more than $21 million compared with the prior year, Lasher...
Investor releaseQuarter not tagged2026-05-26Digital Turbine Reports Fiscal 2026 Fourth Quarter and Fiscal Year 2026 Financial Results
PR Newswire
Digital Turbine Reports Fiscal 2026 Fourth Quarter and Fiscal Year 2026 Financial Results
Fourth Quarter Net Revenue Totaled $142.5 Million, Representing Year-over-Year Growth of 20% Fourth Quarter GAAP Net Loss of $7.3 Million and GAAP EPS of ($0.06); Fourth Quarter Non-GAAP Adjusted Net Income1 of $19.7 Million and Non-GAAP Adjusted EPS1 of $0.16 Fourth Quarter Non-GAAP Adjusted EBITDA2 Totaled $31.4 Million, Representing Year-over-Year Growth of 53% Fiscal Year 2026 Net Revenue Totaled $565.3 Million, Representing Year-over-Year Growth of 15% Fiscal Year 2026 GAAP Net Loss of $37.7 Million and GAAP EPS of ($0.33); Fiscal Year 2026 Non-GAAP Adjusted Net Income1 of $64.9 Million and Non-GAAP Adjusted EPS1 of $0.56 Fiscal Year 2026 Non-GAAP Adjusted EBITDA2 Totaled $122.5 Million, Representing Year-over-Year Growth of 69% AUSTIN, Texas, May 26, 2026 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS) announced financial results for the fiscal fourth quarter and fiscal year ended March 31, 2026. Recent Financial Highlights: Fiscal fourth quarter of 2026 revenue totaled $142.5 million, representing an increase of 20% year-over-year as compared to the fiscal fourth quarter of 2025. GAAP net loss for the fiscal fourth quarter of 2026 was $7.3 million, or ($0.06) per share. Non-GAAP adjusted net income1 for the fiscal fourth quarter of 2026 was $19.7 million, or $0.16 per share, as compared to non-GAAP adjusted net income1 of $11.3 million, or $0.10 per share, in the fiscal fourth quarter of 2025. Non-GAAP adjusted EBITDA2 for the fiscal fourth quarter of 2026 was $31.4 million, representing an increase of 53% year-over-year as compared to non-GAAP adjusted EBITDA2 of $20.5 million in the fiscal fourth quarter of 2025. Fiscal year 2026 revenue totaled $565.3 million, representing an increase of 15% as compared to fiscal year 2025. Fiscal year 2026 GAAP net loss was $37.7 million, or ($0.33) per share. Fiscal year 2026 non-GAAP adjusted net income1 was $64.9 million, or $0.56 per share. Fiscal year 2026 non-GAAP adjusted EBITDA2 was $122.5 million, representing an increase of 69% as compared to fiscal year 2025. "Fiscal 2026 was a successful year for Digital Turbine. Emboldened by our upside financial performance and ongoing business momentum, we are pleased to provide guidance above current estimates for fiscal 2027," said Bill Stone, CEO. "I am extremely proud of the Company's overall execution, as we returned the business to double-digit revenue an...
TranscriptFY2026 Q42026-05-26FY2026 Q4 earnings call transcript
Earnings source - 25 paragraphs
FY2026 Q4 earnings call transcript
After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on a touch-tone phone. To withdraw your question, please press star and then two. Please note this event is being recorded. I would now like to turn the conference over to Brian Bartholomew, Senior Vice President of Capital Markets. Please go ahead.
Thanks, Nick. Good afternoon and welcome to the Digital Turbine fourth quarter and fiscal year 2026 earnings conference call. Joining me today on the call to discuss our results are CEO Bill Stone and CFO Steve Lasher. Before we get started, I would like to take this opportunity to remind you that our remarks today will include forward-looking statements. These forward-looking statements are based on our current assumptions, expectations, and beliefs, including projected operating metrics, future products and services, anticipated market demand, and other forward-looking topics. Although we believe that our assumptions are reasonable, they are not guarantees of future performance, and some will inevitably prove to be incorrect. Except as required by law, we undertake no obligation to update any forward-looking statements.
For a discussion of the risk factors that could cause our actual results to differ materially from those contemplated by our forward-looking statements, please refer to the documents we file with the Securities and Exchange Commission. During this call, we will discuss certain non-GAAP measures of our performance. Non-GAAP measures are not substitutes for GAAP measures. Please refer to today's press release for important information about the limitations of using non-GAAP measures, as well as reconciliations of these non-GAAP financial results to the most comparable GAAP measures. Now I'd like to turn the call over to our CEO, Bill Stone.
Thanks, Brian. Good afternoon, everyone. I want to open my remarks by recognizing our team for delivering another quarter of strong results that exceeded our expectations, both for the March quarter and for the fiscal year. Our current June quarter is off to a positive start and, combined with the broader business momentum, is enabling us to issue an annual outlook for fiscal year 2027, guiding to another year of double-digit top and bottom-line growth. I'm going to break my prepared remarks into four areas. First, we'll be looking back at our fiscal 2026 results in March. Second will be some commentary on the operational and strategic elements of our business, driving our expectations for continued double-digit growth this fiscal year. Third, I want to provide some commentary on AI and macroeconomic trends in our business. Finally, I wanted to provide an organizational update.
Revenue for fiscal 2026 came in at $565 million, representing 15% year-over-year growth. We also achieved nearly 70% year-over-year growth in adjusted EBITDA during the same period, demonstrating significant operating leverage in the model as we scale. Breaking our results down by segment, our On-Device Solutions or ODS business generated $382 million in revenue in fiscal 2026, up approximately 12% from last year. In particular, it was encouraging to see over 20% growth in global devices for the year. Growth in revenue per device or RPD continues to be the bright spot, with over 20% year-over-year growth in both U.S. and international. Our Application Growth Platform or AGP business was another bright spot for the year, with revenue for the March quarter growing 57% year-over-year and over 20% year-over-year for fiscal 2026.
This compares to a global market that is growing in the high single digits. In other words, our AGP business is growing 2x more than the global industry growth rate. In the quarter, I was particularly pleased with our brand business growing over 50% and our DT Exchange or SSP business growing over 60% year-over-year. The hard work we did over the past few years to stay the course and integrate the legacy tech stacks into a common platform is now paying dividends, and we expect the momentum to continue into the future. There are three key growth drivers powering our improved performance in the March quarter. First was higher advertiser demand, which translated into improving pricing fill rates, particularly for premium placements on our platform.
This strong advertiser demand drove international RPD expansion in our ODS business, resulting in over 40% growth year-over-year. We also had strong demand with our brand and DT Exchange businesses, each growing over 50% in the March quarter compared to the last March quarter. As I'll discuss later in my remarks on AI, we are seeing brands migrating spend away from the open web to applications as brands and agencies adopt the power of AI. The second driver was increased supply. Our global devices grew more than 20% year-over-year, driven by strong volume from our international partners. In addition, our AGP supply volumes increased impressions by over 15% year-over-year, driven by expanding distribution of our SDK footprint, strong performance in the APAC region, and strong increases in non-gaming inventory.
Finally, we made meaningful progress leveraging first-party data in our AI and ML platform, which is setting the foundation for smarter targeting, higher return on ad spend for advertisers, and improved user experiences are the direct benefits of us better leveraging our data. Specifically, our rates were up 40% year-over-year in our AGP business, which is a direct result of better targeting and AI capabilities as our advertisers are willing to pay more for better outcomes. Looking to the current fiscal year, we're guiding today for continued double-digit growth both on the top and bottom lines.
The drivers for these growth rates are, first, AI and data. I'll provide some additional commentary later in my remarks on the macro impact of AI on our business and how leveraging unique first-party data across our platform with DT iQ and Ignite Graph drives better outcomes, which in turn drives more revenue. The second driver is the flywheel. Connecting our diversified demand and supply drives each other. We have nearly 3 billion devices and more than 80,000 applications using our ad tech technology today. The opportunity for these apps to drive more user acquisition to our platform, and hence more monetization, will be a growth driver. The third driver is our brand business. Our brand business showed impressive 50% year-over-year growth. Our focus is leveraging the macro tailwinds of more time being spent in apps, combined with our data and audience targeting capabilities, to drive even more scale and growth.
The fourth driver is our Ignite platform. Our international ODS momentum has been fueled by Latin America and Europe, and the recent wins with partners like Orange, who have more subscribers than AT&T and Verizon combined, should accelerate our momentum in the EU. In addition, our Ignite platform is showcasing there's more opportunity to not just grow device supply with these new wins, but also leverage the platform capability as a software enabler for distribution of other products on the screens of devices versus just our products today, such as SingleTap, out-of-the-box setups, notifications, and so on. We're doing this today in the U.S. with an AI-first partner distributing AI agents to devices, we see this expanding into other areas such as e-commerce, lock screens, and other forms of content distribution. The final driver is alternative applications.
We continue to ramp and scale more and more partners distributing their versions of applications, helping them get to devices, whether this is via our data and targeting capabilities, SingleTap, our DSP, and so on. Mainstream partners like King, Zynga, Playtika, and others are customers today leveraging our platform to distribute their own alternative direct-to-consumer billing options to customers. To close out my prepared remarks, I wanted to provide some commentary on the impact of AI and other macroeconomic factors to our business. Regarding AI, it's clearly transformational and an exciting time and a tailwind for our business. It's reinventing businesses, including ours, in three main ways. First is the automation and simplification of workflows and processes.
Over the past year, we grew our revenues by more than $70 million. We accomplished this with 4% less headcount as we were able to use AI and automation to drive efficiencies in our business. We have implemented numerous new AI automation and simplification activities and processes from areas such as quality assurance, our back office, campaign management, software development, and data management, just to name a few. We're seeing an acceleration in these activities as we organize our people, our systems, and our processes for this AI-first world. The second is leveraging AI and our data to improve our outcomes for customers. As you have seen in our recent Google and Databricks press announcements, we're combining our unique first-party data signals with AI enhancements to drive better outcomes for customers, leveraging our DT iQ and Ignite Graph capabilities.
These will be revenue and EBITDA drivers for us into the future. The third area is how the broader AI landscape will leverage our distribution and on-device footprint and data to help their businesses grow. There are three unique trends that we expect to be tailwinds for us. The first is more applications. According to recent analysis from market intelligence provider Appfigures, worldwide app releases in the first quarter of 2026 were up 60% year-over-year across both the Apple App Store and Google Play. AI makes it easier for anyone to create apps, driving growth in both app stores as creators no longer need technical skills to build mobile software. These applications all need distribution to reach consumers, given the inherent discovery limitations in the two legacy app stores. The second trend is the increase in time spent in applications.
Today, the average consumer is spending five hours per day inside applications, which is up one hour from the past decade. This trend is accelerating as the integration of AI chatbots creates a shift in the channels of how we all consume information, leaning towards apps and away from the open web. Multiple measurement sources have reported that AI has likely caused a 10% drop of open web traffic so far, with some informational categories seeing 20% to 40% declines. The final trend bringing all this together is monetization. For centuries, one trend's been consistent. Media dollars follow eyeballs, and as our eyeballs continue to spend more and more time in apps because of enabling technologies like AI, which is creating more breadth of apps and more depth of time spent in apps, this is a positive for us.
In addition to AI, I've also been receiving many questions on potential macroeconomic impacts to our business. One of my favorite things about our mobile AI cloud business is that we are more insulated than the vast majority of companies to things like tariffs, energy prices, recessions, inflation, any single geography, and so on. Our business is a digital one without the traditional input cost pressures many companies must navigate. Plus, the majority of our customers are using our platform to sell their digital goods and services versus goods that may be more sensitive to these risks. Of course, no single business is 100% insulated from macroeconomics, but as we saw during the pandemic, our business is a resilient one, insulated from these factors given our mobile-first approach matching where consumers are spending their time. Finally, I wanted to provide an organizational update.
Stephen Lasher will be stepping down from his role as CFO and will support a transition in June as he pursues another opportunity outside of DT. One of my favorite expressions is leave it better than you found it, and Stephen embodies this. I want to thank Stephen for his significant contributions, and particularly his leadership in strengthening our balance sheet through the refinancing of our debt, as well as his role driving improved operating and business performance. On a personal level, I've enjoyed really getting to know Stephen and look forward to continue keep in touch with him during his next chapter. Josh Kinsell, our Chief Accounting Officer, will assume interim CFO duties. With that, I'll turn it over to Steve to take us through the numbers.
Thank you, Bill, and good afternoon, everyone. Before I turn to our financial results and our outlook for fiscal 2027, I'd like to say a few words about my time at Digital Turbine. As Bill mentioned, I will be leaving the company to pursue another opportunity, and I want to take a moment to reflect on what we've accomplished together. I'm exceptionally proud of where Digital Turbine stands today. It is a meaningfully stronger company than the one I joined. The platform's performance has improved dramatically, and that improvement is now drawing greater spend from advertisers and publishers who are looking for a stronger return on advertising spend. The balance sheet is significantly stronger following an important refinancing and subsequent deleveraging. On a personal note, I'm genuinely enjoyed the camaraderie of this team.
I leave with many valued friendships and colleagues that I will carry with me, and I'm grateful. With that, let me turn to our fourth quarter and full year fiscal 2026 results. Our fourth quarter results reaffirmed the momentum we have been building throughout the year. Starting with the top line, we delivered 20% year-over-year net revenue growth, with total net revenue for the quarter of $142.5 million. On-Device Solutions net revenue was $91 million, up 5% year-over-year, while App Growth Platform net revenue was $52.1 million, up 57% year-over-year. With On-Device, growth was once again driven by our international partnerships, where we expanded both the number of international devices and revenue per device year-over-year. The standout in the quarter was App Growth Platform. The 57% year-over-year growth was the segment's highest growth rate in more than three years.
These results reflect our strategic focus on better utilizing first-party data and on showcasing our AI-driven capabilities to deliver stronger outcomes for our publishers and advertiser partners. The combination of strong top-line growth and sustained operational execution delivered 53% year-over-year adjusted EBITDA growth in the quarter. Adjusted EBITDA totaled $31.4 million, with margin expanding nearly 500 basis points to 22% versus the year ago quarter. Non-GAAP gross margin reached 50% in the quarter, up from 48% in the prior year, driven primarily by favorable product and segment mix. Cash operating expenses were $40.5 million, up 12% year-over-year, reflecting continued expense discipline, streamlined business processes, and targeted investments in our key growth initiatives. We will continue to identify additional efficiency opportunities while making the tactical investments needed to support future growth.
On the bottom line, we reported a GAAP net loss of $7.3 million, or $0.06 per share in the fourth quarter. On a non-GAAP basis, we generated net income of $19.7 million or $0.16 per share based on 122.8 million shares outstanding. Let me comment briefly on the full year. Total net revenue was $565.3 million, up 15% year-over-year. Adjusted EBITDA was $122.5 million, up 69% year-over-year. GAAP net loss was $37.3 million or $0.33 per share. Non-GAAP net income was $64.9 million or $0.56 per share. Free cash flow was $11.8 million for the year, an improvement of more than $21 million versus the prior year. Moving to the balance sheet.
We ended fiscal 2026 with cash of $38 million and total debt net of issuance costs of $361 million, down from $409 million at the start of the year. The improvement reflects positive cash flow generation supplemented by proceeds from at-the-market offering, which we terminated earlier this year. We are pleased with the progress we have made on the balance sheet in recent quarters, and we intend to continue deploying free cash flow towards further deleveraging in fiscal 2027. Turning now to our fiscal 2027 outlook. Given our stronger than expected fiscal 2026 performance and the continued momentum we are seeing in the June quarter to date, we expect another year of robust revenue and EBITDA growth.
We are introducing fiscal 2027 guidance today with revenue in the range of $630 million-$650 million and adjusted EBITDA in the range of $135 million-$145 million. Let me hand the call back to Nick, our operator, to open the line up for questions. Nick?
Thank you. We will now begin the question-and-answer session. At this time, I'll pause momentarily to assemble the roster. Please stand by as we poll for questions. Showing no questions, this will conclude our question-and-answer session. I'd like to turn the conference back over to Bill Stone for any closing remarks.
Yeah, thanks, Nick, and thanks for everybody for joining the call tonight. We look forward to connecting with you in a few months to update you on our fiscal 2027 first quarter earnings call. Have a great night. Thank you.
The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.
Investor releaseQuarter not tagged2026-05-25Digital Turbine APPS Q1 2026 Earnings Transcript
Motley Fool
Digital Turbine APPS Q1 2026 Earnings Transcript
Image source: The Motley Fool. Tuesday, August 5, 2025 at 4:30 p.m. ET Chief Executive Officer — William Gordon Stone Chief Financial Officer — Stephen Andrew Lasher Need a quote from a Motley Fool analyst? Email [email protected] William Gordon Stone: Thanks, Brian. Good afternoon, everyone, and thank you for joining us for Digital Turbine's Fiscal First Quarter 2026 Earnings Call. We're excited to report on our continued business momentum that accelerated in the first quarter. We delivered $131 million of revenue and $25 million in EBITDA, reflecting 11% revenue growth and 73% EBITDA growth year-over-year. These results are a testament to our strategic focus and improved execution across our platform and enabling us to increase our annual outlook for the fiscal year. Breaking it down by segment, our On Device Solutions business generated $95 million in revenue, which was up approximately 18% from June quarter of last year. Our Application Growth Platform business posted $35 million in revenue, which was modestly down year-over-year. However, we're encouraged by the nearly 10% sequential improvement compared to fiscal fourth quarter. There are three key drivers that powered our improved performance this quarter. First was higher advertiser demand, which translated into improved pricing and fill rates, particularly for premium placements on our platform. This strong advertiser demand resulted in 30-plus percent year-over-year growth in our revenue per device or RPD, in both the U.S. and international markets for our On-Device business, and we also had solid double-digit year-over-year growth in our Content Media business. Our second driver was improved device volumes, particularly in North America and selected international markets. This helped us expand our install footprint and monetization base. As an example, last year, we saw a decline of approximately 1 million devices here in the U.S. between March and June. And this year, we saw a modest increase in U.S. devices from March to June. Similarly, our international device volumes were up a few million units sequentially and year-over-year. Combined, these better RPDs and improved device volumes drove strong year-over-year growth. And finally, we made meaningful progress on our first-party data and AI, machine learning platform, which is finally setting the foundation for smarter targeting, higher return on ad s...
Investor releaseQuarter not tagged2026-05-22Digital Turbine to Report Q4 Earnings: What's in Store for the Stock?
Zacks
Digital Turbine to Report Q4 Earnings: What's in Store for the Stock?
Digital Turbine APPS is slated to release fourth-quarter fiscal 2026 results on May 26.The Zacks Consensus Estimate for fiscal fourth-quarter earnings is pegged at 9 cents per share, down 3 cents over the past 30 days. This indicates a decline of 10% from the year-ago quarter’s reported figure.APPS’ earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, the average surprise being 87.5%.Let’s see how things might have shaped up prior to the announcement. Digital Turbine, Inc. price-eps-surprise | Digital Turbine, Inc. Quote APPS’ fiscal fourth-quarter performance is expected to have benefited from continued international expansion within its On-Device Solutions (“ODS”) business. Management stated that international revenues on the Ignite platform grew more than 60% year over year in the third fiscal quarter, driven by over 20% increases in device volumes and revenues per device. The company also noted that, for the first time, more than 30% of Ignite revenues were generated outside the United States, suggesting that international carrier and OEM partnerships likely remained major contributors entering the fourth fiscal quarter.The Application Growth Platform (“AGP”) business likely remained another key driver in the fourth fiscal quarter. Management highlighted 19% year-over-year growth in AGP revenues to $53 million in the third fiscal quarter, supported by stronger advertiser demand, improving pricing and higher fill rates for premium placements. The company also pointed to more than 30% growth in its DTX/SSP business and increasing non-gaming inventory volumes. In addition, retail media demand accelerated sharply, with the retail vertical growing 5x compared with the prior holiday season. This indicates that advertising momentum and vertical-focused sales execution likely supported fourth-quarter performance.AI and platform integration efforts likely remained positive contributors. Management emphasized that integrated tech stacks and AI-driven optimization improved monetization, targeting, coding efficiency, quality assurance and operational discipline. Gross profit increased more than 25% while operating expenses declined year over year, highlighting operating leverage that may have continued into the fourth fiscal quarter. The company cited the growing “flywheel” effect between app monetization and user acquisition across mor...
Investor releaseQuarter not tagged2026-05-12Digital Turbine to Host Fourth Quarter and Fiscal 2026 Financial Results Conference Call on May 26, 2026, at 4:30pm ET
PR Newswire
Digital Turbine to Host Fourth Quarter and Fiscal 2026 Financial Results Conference Call on May 26, 2026, at 4:30pm ET
AUSTIN, Texas, May 12, 2026 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), a global mobile platform company, announced it will host a conference call and webcast to discuss its fourth quarter and fiscal 2026 financial results and operating progress on Tuesday, May 26th, at 4:30pm ET/1:30pm PT. The call, hosted by Digital Turbine's Chief Executive Officer Bill Stone and Chief Financial Officer Steve Lasher, can be accessed via webcast link: https://app.webinar.net/W6z15Q47g98. The call can also be accessed by dialing 888-317-6003 in the United States (or 412-317-6061 from international locations) and entering access code 6034141. A live and archived webcast of the call can be accessed via the Investor Relations section of Digital Turbine's website. The webcast will be archived for a period of one year. For those unable to join the live call, a playback will be available through June 2nd, 2026. The replay can be accessed by dialing 855-669-9658 in the United States or 412-317-0088 from international locations, passcode 26134986. About Digital Turbine Digital Turbine is the driving force behind superior mobile experiences for consumers and results for the world's leading mobile operators, advertisers and publishers. Our platform uniquely simplifies our partners' ability to drive end-to-end recognition, acquisition and monetization - connecting them to more consumers, in more ways, on more devices. Digital Turbine is headquartered in North America, with offices around the world. For additional information visit www.digitalturbine.com. Follow Digital Turbine: Twitter Facebook LinkedIn Digital Turbine Investor Relations Contact: Brian Bartholomew Digital Turbine [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/digital-turbine-to-host-fourth-quarter-and-fiscal-2026-financial-results-conference-call-on-may-26-2026-at-430pm-et-302768966.html

