Executive Summary
In Q1 2026, Digital Turbine Inc (APPS) reported $130.9 million in revenue, reflecting a year-over-year growth of 11%. This performance is underpinned by robust demand in its On-Device Solutions segment, which grew by 18% year-over-year to $95 million. However, the Application Growth Platform segment saw a slight decline, though it showed a promising sequential improvement of nearly 10%. Adjusted EBITDA for the quarter surged 73% to $25.1 million, indicating improved operational efficiencies. Despite a net loss of $14.1 million, management remains optimistic, revising its full-year guidance upwards to $525-$535 million in revenue and $90-$95 million in adjusted EBITDA. This results call emphasized the company’s commitment to leveraging first-party data and machine learning capabilities to enhance customer engagement and monetization strategies, setting a positive outlook for future quarters.
Key Performance Indicators
Revenue
130.93M
QoQ: 9.88% | YoY:10.96%
Gross Profit
120.12M
91.75% margin
QoQ: 112.24% | YoY:120.85%
Operating Income
-4.66M
QoQ: 60.14% | YoY:71.03%
Net Income
-14.10M
QoQ: 25.08% | YoY:43.93%
EPS
-0.13
QoQ: 27.78% | YoY:48.00%
Revenue Trend
Margin Analysis
Key Insights
- Revenue: $130.9 million (up 11% YoY)
- Gross Profit: $120.1 million (gross margin of 91.7%)
- Operating Income: -$4.7 million
- Net Loss: $14.1 million (EPS: -$0.13)
- Adjusted EBITDA: $25.1 million (up 73% YoY)