APPS
Digital Turbine Inc
Q1 2026 Report
Digital Turbine Inc (APPS) QQ1 2026 Results: Resilient Growth Amid Market Headwinds...
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Executive Summary
Digital Turbine Inc (APPS) reported a revenue of $118 million for Q1 2025, representing a sequential increase of 5% from the previous quarter. The company's performance indicates a return to growth following a challenging period, characterized by sequential growth across both its On Device Solutions (ODS) and App Growth Platform (AGP) segments. EBITDA improved to $14.5 million, an 18% sequential increase, showing management's focus on operational efficiency. Despite these positive trends, the company continues to face challenges with an overall year-over-year revenue decline of 19.39%, reflecting ongoing pressures in the U.S. device sales market. Management remains optimistic about growth prospects, citing improved execution and strategic enhancements to core offerings as key driving factors moving forward.
Key Performance Indicators
Revenue
117.99M
QoQ: 5.14% | YoY:-19.39%
Gross Profit
54.39M
46.10% margin
QoQ: 78.91% | YoY:-19.02%
Operating Income
-16.09M
QoQ: 12.47% | YoY:-241.21%
Net Income
-25.16M
QoQ: 89.36% | YoY:-207.57%
EPS
-0.25
QoQ: 89.22% | YoY:-205.25%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue**: $118 million, up 5% QoQ but down 19% YoY.
- **Gross Profit**: $54.4 million, with a gross profit margin of 46%.
- **Operating Income**: Loss of $16 million, improving sequentially but down sharply year-over-year due to previous high costs.
- **Net Income**: Loss of $25 million (EPS: -$0.25), compared to net loss of $1.61 per share in Q1 2024.
- **Cash Position**: $36 million in cash and cash equivalents at quarter-end, following a $2 million increase from the prior quarter.