tradmap

APPS Financials Digital Turbine, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 12.5% per year over the past 5 years.
  • Operating margin has contracted, at 6.0% in the latest year.
  • Free cash flow has grown 59.5% per year over the past 5 years.

Financial health

  • Total debt ($361M) exceeds cash ($38M); net debt is $323M.
  • Total debt has grown faster than revenue (90.1% vs 12.5% per year).
  • Total debt is 3.4× EBITDA.
Revenue & net income
-$420M $164M $748M $0 2012 2014 2016 2018 2020 2022 2024 2026
RevenueNet income
Margins (gross / operating / net)
-77% -10% 57% 0% 2012 2014 2016 2018 2020 2022 2024 2026
GrossOperatingNet
Free cash flow (CFO − capex)
-$16M -$2M $11M $0 2012 2014 2016 2018 2020 2022 2024 2026
Free cash flow
Cash vs total debt
$0 $267M $533M 2012 2014 2016 2018 2020 2022 2024 2026
CashTotal debt
Cash flow: operating / investing / financing
-$172M $7M $185M $0 2012 2014 2016 2018 2020 2022 2024 2026
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2026 $565M -$38M 56.9% 6.0% $11M $361M $38M
2025 $491M -$92M 52.0% -11.0% -$16M $409M $39M
2024 $544M -$420M 51.8% -68.8% $4M $383M $33M
2023 $666M $17M 53.6% 6.9% $411M $75M
2022 $748M $36M 50.4% 12.3% $533M $127M
2021 $314M $55M 43.0% 18.9% $15M $31M
2020 $139M $14M 39.7% 9.5% $20M $22M
2019 $104M -$6M 34.3% 3.3% $0 $11M
2018 $75M -$53M 33.5% -7.8% $4M $13M
2017 -$24M $10M $6M
2016 -$28M $10M $11M
2015 -$25M $11M $7M
2014 -$19M $22M
2013 -$14M $1M $1M
2012 -$31M $3M $9M

Valuation over time

How the market has priced APPS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 44.7 89.3 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 1.1 2.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is APPS growing its revenue and profit?

Over the past 5 years, Digital Turbine, Inc.'s revenue has grown 12.5% per year. These are computed facts, not advice.

How much debt does APPS have?

As of FY2026, Digital Turbine, Inc. reported $361M of total debt against $38M of cash.

What is APPS's profit margin?

In FY2026, gross margin was 56.9%, operating margin 6.0%, and net margin -6.7%.

What is APPS's P/E ratio?

As of Jun '26, Digital Turbine, Inc. traded at a price-to-earnings ratio of about 18.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.