{"success":true,"data":{"pressRelease":{"id":"45706","rtpr_id":"nPn3sDJPja","ticker":"APPS","exchange":"NASDAQ","all_tickers":["APPS"],"title":"Digital Turbine Reports Fiscal 2026 Fourth Quarter and Fiscal Year 2026 Financial Results","author":"PR Newswire","published_at":"2026-05-26T20:05:00.492Z","article_body":"Digital Turbine Reports Fiscal 2026 Fourth Quarter and Fiscal Year 2026 Financial Results\n\nPR Newswire\n\nAUSTIN, Texas, May 26, 2026\n\nFourth Quarter Net Revenue Totaled $142.5 Million, Representing Year-over-Year\nGrowth of 20%\n\nFourth Quarter GAAP Net Loss of $7.3 Million and GAAP EPS of  ($0.06); Fourth\nQuarter Non-GAAP Adjusted Net Income(1) of $19.7 Million and Non-GAAP Adjusted\nEPS(1) of $0.16\n\nFourth Quarter Non-GAAP Adjusted EBITDA(2) Totaled $31.4 Million, Representing\nYear-over-Year Growth of 53%\n\nFiscal Year 2026 Net Revenue Totaled  $565.3 Million, Representing\nYear-over-Year Growth of 15%\n\nFiscal Year 2026 GAAP Net Loss of $37.7 Million and GAAP EPS of ($0.33);\nFiscal Year 2026 Non-GAAP Adjusted Net Income(1) of $64.9 Million and Non-GAAP\nAdjusted EPS(1) of $0.56\n\nFiscal Year 2026 Non-GAAP Adjusted EBITDA(2) Totaled $122.5 Million,\nRepresenting Year-over-Year Growth of 69%\n\nAUSTIN, Texas, May 26, 2026 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq:\nAPPS) announced financial results for the fiscal fourth quarter and fiscal\nyear ended March 31, 2026.\n\n(https://mma.prnewswire.com/media/1858241/Digital_Turbine_v1_Logo.html)\n\nRecent Financial Highlights:\n\n * Fiscal fourth quarter of 2026 revenue totaled $142.5 million, representing an\nincrease of 20% year-over-year as compared to the fiscal fourth quarter of\n2025.\n * GAAP net loss for the fiscal fourth quarter of 2026 was $7.3 million, or\n($0.06) per share. Non-GAAP adjusted net income(1) for the fiscal fourth\nquarter of 2026 was $19.7 million, or $0.16 per share, as compared to non-GAAP\nadjusted net income(1) of $11.3 million, or $0.10 per share, in the fiscal\nfourth quarter of 2025.\n * Non-GAAP adjusted EBITDA(2) for the fiscal fourth quarter of 2026 was $31.4\nmillion, representing an increase of 53% year-over-year as compared to\nnon-GAAP adjusted EBITDA(2) of $20.5 million in the fiscal fourth quarter of\n2025.\n * Fiscal year 2026 revenue totaled $565.3 million, representing an increase of\n15% as compared to fiscal year 2025.\n * Fiscal year 2026 GAAP net loss was $37.7 million, or ($0.33) per share.\nFiscal year 2026 non-GAAP adjusted net income(1) was $64.9 million, or $0.56\nper share.\n * Fiscal year 2026 non-GAAP adjusted EBITDA(2) was $122.5 million, representing\nan increase of 69% as compared to fiscal year 2025.\n\"Fiscal 2026 was a successful year for Digital Turbine. Emboldened by our\nupside financial performance and ongoing business momentum, we are pleased to\nprovide guidance above current estimates for fiscal 2027,\" said Bill Stone,\nCEO. \"I am extremely proud of the Company's overall execution, as we returned\nthe business to double-digit revenue and adjusted EBITDA growth with notable\ngross margin expansion, while simultaneously strengthening the balance sheet\nand strategically positioning the Company for the future. One of the key\nfactors for our markedly improved performance has been our ability to more\neffectively utilize our unique first-party data in order to drive better\nresults for our rapidly expanding global network of advertisers, publishers,\ncarriers and OEMs. Our ability to leverage valuable new AI tools and\npartnerships to maximize the value of our extensive data array has been, and\nwill continue to be, a meaningful contributor to growth.\"\n\nFiscal 2026 Fourth Quarter Financial Results\n\nTotal net revenue for the fourth quarter of fiscal 2026 was $142.5 million,\nrepresenting year-over-year growth of 20% as compared to net revenue of $119.2\nmillion for the fourth quarter of fiscal 2025. Total On Device Solutions net\nrevenue before intercompany eliminations was $91.0 million, representing\nyear-over-year growth of 5%. Total App Growth Platform net revenue before\nintercompany eliminations was $52.1 million, representing year-over year\ngrowth of 57%.\n\nGAAP net loss for the fourth quarter of fiscal 2026 was $7.3 million, or\n($0.06) per share, as compared to GAAP net loss for the fourth quarter of\nfiscal 2025 of $18.8 million, or ($0.18) per share.\n\nNon-GAAP adjusted net income(1) for the fourth quarter of fiscal 2026 was\n$19.7 million, or $0.16 per share, as compared to non-GAAP adjusted net\nincome(1) of $11.3 million, or $0.10 per share, in the fourth quarter of\nfiscal 2025.\n\nNon-GAAP adjusted EBITDA(2) for the fourth quarter of fiscal 2026 was $31.4\nmillion, representing year-over-year growth of 53% as compared to non-GAAP\nadjusted EBITDA(2) for the fourth quarter of fiscal 2025 of $20.5 million.\n\nFull Year Fiscal 2026 Financial Results\n\nTotal net revenue for fiscal 2026 was $565.3 million, representing\nyear-over-year growth of 15% as compared to total revenue of $490.5 million\nfor fiscal 2025.\n\nGAAP net loss for fiscal 2026 was $37.7 million, or ($0.33) per share, as\ncompared to GAAP net loss for fiscal 2025 of $92.1 million, or ($0.89) per\nshare.\n\nNon-GAAP adjusted net income(1) for fiscal 2026 was $64.9 million, or $0.56\nper share, as compared to non-GAAP adjusted net income(1) for fiscal 2025 of\n$38.7 million, or $0.37 per share.\n\nNon-GAAP adjusted EBITDA(2) for fiscal 2026 was $122.5 million, representing\nyear-over-year growth of 69% as compared to fiscal 2025 non-GAAP adjusted\nEBITDA(2) of $72.3 million.\n\nBusiness Outlook\n\nBased on information available as of May 26, 2026, the Company currently\nexpects the following for fiscal year 2027 :\n\n * Revenue of between $630 million and $650 million\n * Non-GAAP adjusted EBITDA(2) of between $135 million and $145 million\nIt is not reasonably practicable to provide a business outlook for GAAP net\nincome because the Company cannot reasonably estimate the changes in\nstock-based compensation expense, which is directly impacted by changes in the\nCompany's stock price, or other items that are difficult to predict with\nprecision.\n\nAbout Digital Turbine, Inc.\n\nDigital Turbine empowers superior mobile consumer experiences and results for\nthe world's leading telcos, advertisers, and publishers. Its end-to-end\nplatform uniquely simplifies its partners' abilities to supercharge awareness,\nacquisition, and monetization – connecting them with more consumers, in more\nways, across more devices. Digital Turbine is headquartered in North America,\nwith offices around the world. For additional information visit\nwww.digitalturbine.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4696584-1&h=2955860416&u=https%3A%2F%2Fwww.digitalturbine.com%2F&a=www.digitalturbine.com)\n.\n\nConference Call\n\nManagement will host a conference call and webcast today at 4:30p.m. ET to\ndiscuss its fourth quarter and fiscal 2026 financial results and provide\noperational updates on the business. The conference call will discuss forward\nguidance and other material information. The call can be accessed online via\nthe webcast link: https://app.webinar.net/W6z15Q47g98\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4696584-1&h=780212351&u=https%3A%2F%2Fapp.webinar.net%2FW6z15Q47g98&a=https%3A%2F%2Fapp.webinar.net%2FW6z15Q47g98)\n. The call can also be accessed by dialing 888-317-6003 in the United States\n(or 412-317-6061 from international locations) and entering access code\n6034141. A live and archived webcast of the call can be accessed via the\nInvestor Relations section of Digital Turbine's website.  The webcast will be\narchived for a period of one year and is available via the Investor Relations\nsection of Digital Turbine's website.\n\nFor those unable to join the live call, a playback will be available through\nJune 2nd, 2026. The replay can be accessed by dialing 855-669-9658 in the\nUnited States or 412-317-0088 from international locations, passcode 2613496.\n\nAn online webcast will be archived for a period of one year and is available\nvia the Investor Relations section of Digital Turbine's website.\n\nUse of Non-GAAP Financial Measures\n\nTo supplement the Company's consolidated financial statements presented in\naccordance with GAAP, Digital Turbine uses non-GAAP measures of certain\ncomponents of financial performance. These non-GAAP measures include non-GAAP\nadjusted net income and earnings per share (\"EPS\"), non-GAAP adjusted EBITDA,\nnon-GAAP free cash flow and non-GAAP gross profit. Reconciliations to the\nnearest GAAP measures of all non-GAAP measures included in this press release\ncan be found in the tables below.\n\nNon-GAAP measures are provided to enhance investors' overall understanding of\nthe Company's current financial performance, prospects for the future and as a\nmeans to evaluate period-to-period comparisons. The Company believes that\nthese non-GAAP measures provide meaningful supplemental information regarding\nfinancial performance by excluding certain expenses and benefits that may not\nbe indicative of recurring core business operating results. The Company\nbelieves the non-GAAP measures that exclude such items when viewed in\nconjunction with GAAP results and the accompanying reconciliations enhance the\ncomparability of results against prior periods and allow for greater\ntransparency of financial results. The Company believes non-GAAP measures\nfacilitate management's internal comparison of its financial performance to\nthat of prior periods as well as trend analysis for budgeting and planning\npurposes. The presentation of non-GAAP measures is not intended to be\nconsidered in isolation or as a substitute for, or superior to, the financial\ninformation prepared and presented in accordance with GAAP.\n\n(1)Non-GAAP adjusted net income (loss) and EPS are defined as GAAP net income\n(loss) and EPS adjusted to exclude the effect of the following, if any:\nstock-based compensation expense, amortization of intangibles, business\ntransformation costs, transaction-related expenses, severance costs, changes\nin fair value of contingent consideration, contract settlement fees,\nimpairment of goodwill, tax adjustments, (gain)/loss on extinguishment of\ndebt, amortization of debt discount, issuance costs and exit and duration\nfees, and unrealized (gain)/loss on derivatives. The Company added (gain)/loss\non extinguishment of debt, the amortization of debt discount, issuance costs\nand exit and duration fees, and unrealized (gain)/loss on derivatives due to\ntheir unusual nature and association with the Company's specific August 29,\n2025 debt refinance transaction and related issuance of warrants. Readers are\ncautioned that non-GAAP adjusted net income (loss) and EPS should not be\nconstrued as an alternative to comparable GAAP net income (loss) figures\ndetermined in accordance with U.S. GAAP as an indicator of profitability or\nperformance, which is the most comparable measure under GAAP.\n\n(2)Non-GAAP adjusted EBITDA is calculated as GAAP net income (loss) excluding\nthe following cash and non-cash expenses, if any: stock-based compensation\nexpense, depreciation and amortization, net interest income (expense), net\nother income (expense), business transformation costs, foreign exchange\ntransaction gains (losses), income tax (benefit) provision,\ntransaction-related expenses, contract settlement fees, changes in fair value\nof contingent consideration, impairment of goodwill, severance costs,\n(gain)/loss on extinguishment of debt, amortization of debt discount, issuance\ncosts, and exit and duration fees, and unrealized (gain)/loss on derivatives.\nThe Company added (gain)/loss on extinguishment of debt, the amortization of\ndebt discount, issuance costs and exit and duration fees, and unrealized\n(gain)/loss on derivatives due to their unusual nature and association with\nthe Company's specific August 29, 2025 debt refinance transaction and related\nissuance of warrants. Non-GAAP adjusted EBITDA margin is calculated as\nnon-GAAP adjusted EBITDA as a percentage of total revenue. Readers are\ncautioned that non-GAAP adjusted EBITDA should not be construed as an\nalternative to net income determined in accordance with U.S. GAAP as an\nindicator of performance, which is the most comparable measure under GAAP.\n\n(3)Non-GAAP free cash flow, which is a non-GAAP financial measure, is defined\nas net cash provided by operating activities (as stated in our Consolidated\nStatements of Cash Flows), excluding the following, if any:\ntransaction-related expenses, severance costs and business transformation\ncosts, reduced by capital expenditures. Readers are cautioned that free cash\nflow should not be construed as an alternative to net cash provided by\noperating activities determined in accordance with U.S. GAAP as an indicator\nof profitability, performance or liquidity, which is the most comparable\nmeasure under GAAP.\n\n(4)Non-GAAP gross profit is defined as GAAP income (loss) from operations\nadjusted to exclude the effect of the following, if any: product development\ncosts, sales and marketing costs, general and administrative costs, contract\nsettlement fees, impairment of goodwill and depreciation of software included\nin other direct costs of revenue. Readers are cautioned that non-GAAP gross\nprofit should not be construed as an alternative to income from operations\ndetermined in accordance with U.S. GAAP as an indicator of profitability or\nperformance, which is the most comparable measure under GAAP.\n\nNon-GAAP adjusted EBITDA, non-GAAP adjusted net income and EPS, non-GAAP free\ncash flow and non-GAAP gross profit are used by management as internal\nmeasures of profitability and performance. They have been included because the\nCompany believes that the measures are used by certain investors to assess the\nCompany's financial performance before non-cash charges and certain costs that\nthe Company does not believe are reflective of its underlying business.\n\nForward-Looking Statements\n\nThis news release includes \"forward-looking statements\" within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecurities Exchange Act of 1934, as amended. Statements in this news release\nthat are not statements of historical fact and that concern future results\nfrom operations, financial position, economic conditions, product releases and\nany other statement that may be construed as a prediction of future\nperformance or events, including financial projections and growth in various\nproducts are forward-looking statements that speak only as of the date made\nand which involve known and unknown risks, uncertainties and other factors\nwhich may, should one or more of these risks uncertainties or other factors\nmaterialize, cause actual results to differ materially from those expressed or\nimplied by such statements. These factors and risks include:\n\nRisks Specific to our Business\n\n * We may not achieve the expected benefits of our transformation program and\nsimilar measures we take in the future, and our efforts may adversely affect\nour business.\n * We have a history of net losses.\n * We have a limited operating history for our current portfolio of assets.\n * Our operations are global in scope, and we face added business, political,\nregulatory, legal, operational, financial, and economic risks as a result of\nour international operations.\n * Our financial results could vary significantly from quarter-to-quarter and are\ndifficult to predict.\n * A significant portion of our revenue is derived from a limited number of\nwireless carriers and customers.\n * The development and use of artificial intelligence (\"AI\") in our business,\ncombined with an uncertain regulatory environment, may adversely affect our\nbusiness, reputation, financial condition, and results of operations.\n * System security risks, data protection breaches, cyber-attacks, and systems\nintegration issues could disrupt our business.\n * Our business may involve the use, transmission, and storage of confidential\ninformation and personally identifiable information, and the failure to\nproperly safeguard such information could result in significant reputational\nharm and monetary damages.\n * The effects of the current and any future general downturns in the United\nStates (\"U.S\"). and the global economy, including financial market\ndisruptions.\n * Our products, services, and systems rely on software that is highly technical,\nand if it contains errors or viruses, our business could be adversely\naffected.\n * Our business and reputation could be impacted by information technology system\nfailures and network disruptions\n * Our business may suffer if we are unable to hire and retain key talent.\n * Our corporate culture has contributed to our success, and if we cannot\nmaintain this culture, we could lose the innovation, creativity, passion, and\nteamwork that we believe contribute to our success and our business may be\nharmed.\n * If we make future acquisitions, this could require significant management\nattention and disrupt our business.\n * Adverse developments affecting the financial services industry, including\nevents involving liquidity, defaults or non-performance, could adversely\naffect our business, financial condition, and results of operations.\n * Entry into new lines of business, and our offering of new products and\nservices, resulting from our investments may result in exposure to new risks.\n * Litigation may harm our business.\nRisks Related to the Mobile Advertising Industry\n\n * The mobile advertising business is an intensely competitive industry, and we\nmay not be able to compete successfully.\n * The markets for our products and services are rapidly evolving and may decline\nor experience limited growth.\n * Our business is dependent on the continued growth in usage of smartphones and\nother mobile connected devices.\n * Wireless technologies are changing rapidly, and we may not be successful in\nworking with these new technologies.\n * The complexity of and incompatibilities among mobile devices may require us to\nuse additional resources for the development of our products and services.\n * If wireless subscribers do not continue to use their mobile devices to access\nmobile content and other applications, our business growth and future revenue\nmay be adversely affected.\n * A shift of technology platform by wireless carriers and mobile device\nmanufacturers could lengthen the development period for our offerings,\nincrease our costs, and cause our offerings to be published later than\nanticipated.\n * Actual or perceived security vulnerabilities in devices or wireless networks\ncould adversely affect our revenue.\n * We may be subject to legal liability associated with providing mobile and\nonline services.\n * Risks of public health issues, such as a major epidemic or pandemic.\n * Risk related to geopolitical conditions and the global economy, including\nconflicts, financial markets, inflation, global supply chain, and tariffs.\n * Risk related to the geopolitical relationship between the U.S. and China or\nchanges in China's economic and regulatory landscape, including recent tariff\nincreases and trade tensions.\nIndustry Regulatory Risks\n\n * We are subject to rapidly changing and increasingly stringent laws,\nregulations and contractual requirements related to privacy, data security,\nand protection of children.\n * We are subject to anti-bribery, anti-corruption, and similar laws, and\nnon-compliance with such laws can subject us to criminal penalties or\nsignificant fines and harm our business and reputation.\n * We are subject to governmental economic sanction requirements and export and\nimport controls that could impair our ability to compete in international\nmarkets.\n * Our ability to use our net operating losses, credits, and certain other tax\nattributes to offset future taxable income or taxes may be subject to certain\nlimitations.\n * Regulatory requirements pertaining to the marketing, advertising, and\npromotion of our products and services.\n * Government regulation of our marketing methods could restrict or prevent our\nability to adequately advertise and promote our content, products, and\nservices available in certain jurisdictions.\nRisks Related to Our Intellectual Property and Potential Liability\n\n * Third parties may obtain and improperly use our intellectual property; and if\nso, our competitive position may be adversely affected, particularly if we do\nnot, or are unable to, adequately protect our intellectual property rights.\n * Third parties may sue us for intellectual property infringement, which may\nprevent or limit our use of the intellectual property and disrupt our business\nand could require us to pay significant damage awards.\n * Our platform contains open source software.\n * Indemnity provisions in various agreements potentially expose us to\nsubstantial liability for intellectual property infringement, damages caused\nby malicious software, and other losses.\nRisks Relating to Our Common Stock and Capital Structure\n\n * We have significant indebtedness, which could limit our financial flexibility.\n * To service our debt and fund our other obligations and capital requirements,\nwe will require a significant amount of cash, and our ability to generate cash\nwill depend on many factors beyond our control.\n * The market price of our common stock is likely to be highly volatile and\nsubject to wide fluctuations, and you may be unable to resell your shares at\nor above the current price or the price at which you purchased your shares.\n * Risk of not being able to raise capital to grow our business.\n * Risk to trading volume of lack of securities or industry analysts research\ncoverage.\n * If our goodwill becomes impaired, we may be required to record significant\ncharges to earnings.\n * A material weakness in our internal control over financial reporting and\ndisclosure controls and procedures could, if not remediated, result in\nmaterial misstatements in our financial statements.\n * Maintaining and improving financial controls and being a public company may\nstrain resources.\n * Anti-takeover provisions in our charter documents could make an acquisition of\nour company more difficult.\n * Our bylaws designate Delaware as the exclusive forum for certain disputes.\n * Other risks described in the risk factors in Item 1A of Annual Report under\nthe heading \"Risk Factors.\"\nYou should not place undue reliance on these forward-looking statements. The\nCompany does not undertake to update forward-looking statements, whether as a\nresult of new information, future events or otherwise, except as required by\nlaw.\n\nInvestor Relations Contact:\nBrian Bartholomew\nDigital Turbine, Inc.\nbrian.bartholomew@digitalturbine.com\n(mailto:brian.bartholomew@digitalturbine.com)\n\n \n Digital Turbine, Inc. and Subsidiaries\n\nCondensed Consolidated Statements of Operations and Comprehensive Income\n (Loss)\n\n(Unaudited)\n\n(in thousands, except share and per share amounts)\n\n                                                     Three Months Ended                                       Year Ended\n\nMarch 31,\nMarch 31,\n                                                     2026                            2025                     2026                         2025\n Net revenue                                         $    142,549                    $    119,152             $    565,251                 $   490,506\n Costs of revenue and operating expenses\n Revenue share                                       57,982                          53,195                   243,638                      235,287\n Other direct costs of revenue                       12,720                          9,359                    46,971                       34,541\n Product development                                 9,458                           9,114                    40,476                       39,464\n Sales and marketing                                 15,639                          14,014                   58,000                       61,642\n General and administrative                          36,235                          45,162                   142,124                      173,647\n Total costs of revenue and operating expenses       132,034                         130,844                  531,209                      544,581\n Income (loss) from operations                       10,515                          (11,692)                 34,042                       (54,075)\n Interest and other income (expense), net\n Change in fair value of contingent consideration    —                               —                        (231)                        (300)\n Interest expense, net                               (16,782)                        (8,855)                  (58,580)                     (34,783)\n Unrealized gain on derivatives                      2,239                           —                        1,504                        —\n Foreign exchange transaction gain                   499                             418                      3,536                        1,297\n Loss on extinguishment of debt                      —                               —                        (9,795)                      —\n Other expense, net                                  (15)                            (24)                     (1,816)                      (3)\n Total interest and other expense, net               (14,059)                        (8,461)                  (65,382)                     (33,789)\n Loss before income taxes                            (3,544)                         (20,153)                 (31,340)                     (87,864)\n Income tax expense (benefit)                        3,796                           (1,327)                  6,392                        4,235\n Net loss                                            (7,340)                         (18,826)                 (37,732)                     (92,099)\n Other comprehensive income\n Foreign currency translation gain (loss)            802                             826                      (462)                        (2,349)\n Comprehensive loss                                  $     (6,538)                   $    (18,000)            $    (38,194)                $   (94,448)\n Net loss per common share\n Basic                                               $       (0.06)                  $       (0.18)           $       (0.33)               $     (0.89)\n Diluted                                             $       (0.06)                  $       (0.18)           $       (0.33)               $     (0.89)\n Weighted average common shares outstanding\n Basic                                               120,048                         105,427                  112,923                      103,747\n Diluted                                             120,048                         105,427                  112,923                      103,747\n\n \n Digital Turbine, Inc. and Subsidiaries\n\nCondensed Consolidated Balance Sheets\n\n(Unaudited)\n\n(in thousands, except par value and share amounts)\n\n                                                                                   March 31,\n                                                                                   2026                     2025\n ASSETS\n Current assets\n Cash, cash equivalents, and restricted cash                                       $     37,960             $     40,084\n Accounts receivable, net                                                          251,240                  181,770\n Prepaid expenses                                                                  6,060                    6,923\n Value-added tax receivable                                                        4,461                    8,291\n Other current assets                                                              12,149                   5,711\n Total current assets                                                              311,870                  242,779\n Property and equipment, net                                                       49,111                   46,966\n Right-of-use assets                                                               7,739                    9,924\n Intangible assets, net                                                            217,448                  257,697\n Goodwill                                                                          223,053                  221,741\n Other non-current assets                                                          32,433                   33,747\n TOTAL ASSETS                                                                      $    841,654             $    812,854\n\n LIABILITIES AND STOCKHOLDERS' EQUITY\n Current liabilities\n Accounts payable                                                                  $    132,807             $    139,944\n Accrued revenue share                                                             87,215                   35,264\n Accrued compensation                                                              22,408                   7,503\n Acquisition purchase price liabilities                                            436                      1,697\n Current portion of long-term debt                                                 7,031                    —\n Other current liabilities                                                         18,402                   38,118\n Total current liabilities                                                         268,299                  222,526\n Long-term debt, net                                                               353,932                  408,687\n Derivative liabilities                                                            2,164                    —\n Deferred tax liabilities, net                                                     15,818                   16,308\n Other non-current liabilities                                                     9,280                    11,375\n Total liabilities                                                                 649,493                  658,896\n Commitments and contingencies\n Stockholders' equity\n Preferred stock\n Series A convertible preferred stock at $0.0001 par value; 2,000,000 shares       100                      100\n authorized,\n 100,000 issued and outstanding (liquidation preference of $1)\n Common stock\n $0.0001 par value: 200,000,000 shares authorized; 121,073,328 issued and          10                       10\n 120,315,203\n outstanding at March 31, 2026; 106,735,767 issued and 105,977,642 outstanding\n at March 31,\n 2025\n Additional paid-in capital                                                        969,062                  892,665\n Treasury stock (758,125 shares at March 31, 2026 and March 31, 2025)              (71)                     (71)\n Accumulated other comprehensive loss                                              (51,766)                 (51,304)\n Accumulated deficit                                                               (725,174)                (687,442)\n Total stockholders' equity                                                        192,161                  153,958\n TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                        $    841,654             $    812,854\n\n \n Digital Turbine, Inc. and Subsidiaries\n\nCondensed Consolidated Statements of Cash Flows\n\n(Unaudited)\n\n(in thousands)\n\n                                                                     Three Months Ended                                         Year ended\n\nMarch 31,                                                 March 31,\n                                                                     2026                               2025                    2026                             2025\n Cash flows from operating activities:\n Net loss                                                            $     (7,340)                      $    (18,826)           $    (37,732)                    $    (92,099)\n Adjustments to reconcile net loss to net cash provided by\n operating activities:\n   Depreciation and amortization                                     16,684                             23,126                  71,452                           82,910\n   Amortization of debt discount, issuance costs, and exit and       5,994                              545                     13,933                           1,835\n   duration fees\n   Provision for credit losses on accounts receivable                44                                 623                     233                              2,767\n   Unrealized gain on derivatives                                    (2,239)                            —                       (1,504)                          —\n   Foreign exchange transaction gain                                 (499)                              (418)                   (3,536)                          (1,297)\n   Stock-based compensation expense                                  4,142                              8,126                   16,355                           33,543\n   Loss on extinguishment of debt                                    —                                  —                       9,795                            —\n   Change in fair value of contingent consideration                  —                                  —                       231                              300\n   Non-cash lease expense                                            895                                788                     3,502                            3,179\n   Change in deferred income taxes                                   4,232                              1,298                   (654)                            (4,054)\n   Changes in operating assets and liabilities:\n Accounts receivable                                                 (6,150)                            16,847                  (70,192)                         5,823\n Prepaid expenses                                                    1,442                              (18)                    922                              777\n Value-added tax receivable                                          6,089                              (640)                   4,386                            (3,570)\n Other current assets                                                3,587                              (423)                   (4,848)                          613\n Right-of-use asset                                                  (1,149)                            108                     (1,061)                          (3,928)\n Other non-current assets                                            786                                237                     1,814                            939\n Accounts payable                                                    5,563                              (7,961)                 (7,183)                          (19,345)\n Accrued revenue share                                               (6,908)                            927                     51,827                           1,418\n Accrued compensation                                                4,987                              (1,081)                 14,767                           298\n Other current liabilities                                           (26,103)                           (10,007)                (21,415)                         2,410\n Other non-current liabilities                                       324                                (1,743)                 713                              (639)\n Net cash provided by operating activities                           4,381                              11,508                  41,805                           11,880\n Cash flows from investing activities\n   Capital expenditures                                              (7,447)                            (6,944)                 (30,619)                         (27,477)\n Net cash used in investing activities                               (7,447)                            (6,944)                 (30,619)                         (27,477)\n Cash flows from financing activities\n   Proceeds from borrowings, net of original issue discount          —                                  —                       418,700                          38,000\n   Payment of debt issuance costs                                    —                                  —                       (20,486)                         (1,627)\n   Payment of deferred business acquisition consideration            (106)                              —                       (1,263)                          —\n   Repayment of debt obligations                                     —                                  —                       (466,000)                        (13,000)\n   Proceeds from issuance of common stock in connection              —                                  —                       56,809                           —\n   with at-the-market offering, net of issuance costs of $1,337\n   Payment of withholding taxes for net share settlement of          (432)                              (234)                   (937)                            (465)\n   equity awards\n  Proceeds from options exercised                                    6                                  270                     2,313                            373\n  Net cash provided by (used in) financing activities                (532)                              36                      (10,864)                         23,281\n\n                                                                     Three Months Ended                                         Year Ended\n\nMarch 31,\n March 31,\n                                                                     2026                               2025                    2026                             2025\n Effect of exchange rate changes on cash and cash equivalents        1,135                              170                     (2,446)                          (1,205)\n and restricted cash\n Net change in cash and cash equivalents and restricted cash         (2,463)                            4,770                   (2,124)                          6,479\n Cash and cash equivalents and restricted cash, beginning of         40,423                             35,314                  40,084                           33,605\n period\n Cash and cash equivalents and restricted cash, end of period        $     37,960                       $     40,084            $     37,960                     $     40,084\n\n Reconciliation of cash, cash equivalents, and restricted cash\n Cash and cash equivalents                                           $     37,719                       $     39,393            $     37,719                     $     39,393\n Restricted cash                                                     $        241                       $        691            $        241                     $        691\n Total cash, cash equivalents, and restricted cash                   $     37,960                       $     40,084            $     37,960                     $     40,084\n\n Supplemental disclosure of cash flow information\n Interest paid                                                       $     11,061                       $      7,986            $     47,088                     $     35,583\n Income taxes paid                                                   $     14,193                       $      5,592            $     26,295                     $      7,150\n\n Supplemental disclosure of non-cash investing and financing\n activities\n Assets acquired not yet paid                                        $        233                       $        519            $        233                     $        519\n Stock-based compensation included in capitalized software           $        382                       $        232            $      1,857                     $      1,024\n development costs\n Fair value of unpaid contingent consideration in connection         $          —                       $      1,664            $          —                     $      1,664\n with business acquisitions\n\n \n Net Revenue By Segment\n (in thousands)\n (Unaudited)\n\n                        Three Months Ended March 31,                                      Year Ended March 31,\n                        2026                       2025                       % Change    2026                       2025                       % Change\n On Device Solutions    $     90,961               $     86,832               5 %         $     382,429              $     341,632              12 %\n App Growth Platform    52,149                     33,250                     57 %        185,742                    153,229                    21 %\n Elimination            (561)                      (930)                      (40) %      (2,920)                    (4,355)                    (33) %\n Total net revenue      $    142,549               $    119,152               20 %        $     565,251              $     490,506              15 %\n\n \n GAAP  Income (Loss) From Operations to Non-GAAP Gross Profit\n (in thousands)\n (Unaudited)\n\n                                                                Three Months Ended                               Year Ended\n\nMarch 31,\n March 31,\n                                                                2026                        2025                 2026                        2025\n Income (loss) from operations                                  $   10,515                  $  (11,692)          $    34,042                 $   (54,075)\n Add-back items:\n Product development                                            9,458                       9,114                40,476                      39,464\n Sales and marketing                                            15,639                      14,014               58,000                      61,642\n General and administrative                                     36,235                      45,162               142,124                     173,647\n Depreciation of software included in other direct costs of     —                           6                    —                           208\n revenue\n Contract settlement fees                                       —                           —                    —                           3,800\n Non-GAAP gross profit                                          $   71,847                  $   56,604           $   274,642                 $   224,686\n Non-GAAP gross profit percentage                               50 %                        48 %                 49 %                        46 %\n\n GAAP Net Income (Loss) to Non-GAAP Adjusted Net Income\n (in thousands)\n (Unaudited)\n\n                                                                Three Months Ended                               Year Ended\n\nMarch 31,\n March 31,\n                                                                2026                        2025                 2026                        2025\n Net loss                                                       $   (7,340)                 $  (18,826)          $   (37,732)                $   (92,099)\n Add-back items:\n Stock-based compensation expense                               4,142                       8,126                16,355                      33,543\n Amortization of intangibles                                    8,868                       13,429               41,598                      55,612\n Change in fair value of contingent consideration               —                           —                    231                         300\n Tax adjustment((1))                                            10,240                      7,165                21,589                      29,551\n Business transformation costs                                  —                           84                   31                          2,060\n Transaction-related expenses                                   —                           152                  —                           359\n Severance costs                                                53                          666                  595                         3,711\n Contract settlement fees                                       —                           —                    —                           3,800\n Amortization of debt discount, issuance costs, and exit        5,994                       536                  13,933                      1,826\n and duration fees((2))\n Loss on extinguishment of debt                                 —                           —                    9,795                       —\n Unrealized gain on derivatives                                 (2,239)                     —                    (1,504)                     —\n Non-GAAP adjusted net income                                   $   19,718                  $   11,332           $    64,891                 $    38,663\n Non-GAAP adjusted net income per common share                  $      0.16                 $      0.10          $       0.56                $       0.37\n Weighted average common shares outstanding, diluted            122,791                     108,150              116,776                     105,810\n ________\n (1) Valuation allowance\n (2) During the fiscal year ended March 31, 2026, the Company revised its\n non-GAAP definitions to include non-cash interest expense. Prior-\n period presentations for the three months and year ended March 31, 2025, have\n been recast to conform to the current period presentation.\n\n \n GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA\n (in thousands)\n (Unaudited)\n\n                                                     Three Months Ended                                Year Ended\n\nMarch 31,\n March 31,\n                                                     2026                         2025                 2026                        2025\n Net loss                                            $     (7,340)                $    (18,826)        $     (37,732)              $     (92,099)\n Add-back items:\n Stock-based compensation expense                    4,142                        8,126                16,355                      33,543\n Depreciation and amortization                       16,684                       23,126               71,452                      82,910\n Interest expense, net                               16,782                       8,855                58,580                      34,783\n Other expense, net                                  15                           24                   1,816                       3\n Change in fair value of contingent consideration    —                            —                    231                         300\n Business transformation costs                       —                            84                   31                          2,060\n Loss on extinguishment of debt                      —                            —                    9,795                       —\n Foreign exchange transaction gain                   (499)                        (418)                (3,536)                     (1,297)\n Income tax expense (benefit)                        3,796                        (1,327)              6,392                       4,235\n Transaction-related expenses                        —                            152                  —                           359\n Severance costs                                     53                           666                  595                         3,711\n Contract settlement fees                            —                            —                    —                           3,800\n Unrealized gain on derivatives                      (2,239)                      —                    (1,504)                     —\n Non-GAAP adjusted EBITDA                            $     31,394                 $     20,462         $     122,475               $       72,308\n\n \n GAAP Cash Flow From Operating Activities to Non-GAAP Free Cash Flow\n (in thousands)\n (Unaudited)\n\n                                                             Three Months Ended                                 Year Ended\n\nMarch 31,\nMarch 31,\n                                                             2026                         2025                  2026                     2025\n Net cash provided by operating activities                   $      4,381                 $     11,508          $     41,805             $     11,880\n Capital expenditures                                        (7,447)                      (6,944)               (30,619)                 (27,477)\n Transaction-related expenses                                —                            152                   —                        359\n Severance costs                                             53                           666                   595                      3,711\n Business transformation costs                               —                            84                    31                       2,060\n Non-GAAP free cash flow provided by (used in) operations    $     (3,013)                $      5,466          $     11,812             $     (9,467)\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/digital-turbine-reports-fiscal-2026-fourth-quarter-and-fiscal-year-2026-financial-results-302782127.html\n(https://www.prnewswire.com/news-releases/digital-turbine-reports-fiscal-2026-fourth-quarter-and-fiscal-year-2026-financial-results-302782127.html)\n\nSOURCE Digital Turbine, Inc.\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/1858241/Digital_Turbine_v1_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn3sDJPja","title":"Digital Turbine Reports Fiscal 2026 Fourth Quarter and Fiscal Year 2026 Financial Results","author":"PR Newswire","ticker":"APPS","created":"2026-05-26T20:05:00.492Z","tickers":["APPS"],"exchange":"NASDAQ","article_body":"Digital Turbine Reports Fiscal 2026 Fourth Quarter and Fiscal Year 2026 Financial Results\n\nPR Newswire\n\nAUSTIN, Texas, May 26, 2026\n\nFourth Quarter Net Revenue Totaled $142.5 Million, Representing Year-over-Year\nGrowth of 20%\n\nFourth Quarter GAAP Net Loss of $7.3 Million and GAAP EPS of  ($0.06); Fourth\nQuarter Non-GAAP Adjusted Net Income(1) of $19.7 Million and Non-GAAP Adjusted\nEPS(1) of $0.16\n\nFourth Quarter Non-GAAP Adjusted EBITDA(2) Totaled $31.4 Million, Representing\nYear-over-Year Growth of 53%\n\nFiscal Year 2026 Net Revenue Totaled  $565.3 Million, Representing\nYear-over-Year Growth of 15%\n\nFiscal Year 2026 GAAP Net Loss of $37.7 Million and GAAP EPS of ($0.33);\nFiscal Year 2026 Non-GAAP Adjusted Net Income(1) of $64.9 Million and Non-GAAP\nAdjusted EPS(1) of $0.56\n\nFiscal Year 2026 Non-GAAP Adjusted EBITDA(2) Totaled $122.5 Million,\nRepresenting Year-over-Year Growth of 69%\n\nAUSTIN, Texas, May 26, 2026 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq:\nAPPS) announced financial results for the fiscal fourth quarter and fiscal\nyear ended March 31, 2026.\n\n(https://mma.prnewswire.com/media/1858241/Digital_Turbine_v1_Logo.html)\n\nRecent Financial Highlights:\n\n * Fiscal fourth quarter of 2026 revenue totaled $142.5 million, representing an\nincrease of 20% year-over-year as compared to the fiscal fourth quarter of\n2025.\n * GAAP net loss for the fiscal fourth quarter of 2026 was $7.3 million, or\n($0.06) per share. Non-GAAP adjusted net income(1) for the fiscal fourth\nquarter of 2026 was $19.7 million, or $0.16 per share, as compared to non-GAAP\nadjusted net income(1) of $11.3 million, or $0.10 per share, in the fiscal\nfourth quarter of 2025.\n * Non-GAAP adjusted EBITDA(2) for the fiscal fourth quarter of 2026 was $31.4\nmillion, representing an increase of 53% year-over-year as compared to\nnon-GAAP adjusted EBITDA(2) of $20.5 million in the fiscal fourth quarter of\n2025.\n * Fiscal year 2026 revenue totaled $565.3 million, representing an increase of\n15% as compared to fiscal year 2025.\n * Fiscal year 2026 GAAP net loss was $37.7 million, or ($0.33) per share.\nFiscal year 2026 non-GAAP adjusted net income(1) was $64.9 million, or $0.56\nper share.\n * Fiscal year 2026 non-GAAP adjusted EBITDA(2) was $122.5 million, representing\nan increase of 69% as compared to fiscal year 2025.\n\"Fiscal 2026 was a successful year for Digital Turbine. Emboldened by our\nupside financial performance and ongoing business momentum, we are pleased to\nprovide guidance above current estimates for fiscal 2027,\" said Bill Stone,\nCEO. \"I am extremely proud of the Company's overall execution, as we returned\nthe business to double-digit revenue and adjusted EBITDA growth with notable\ngross margin expansion, while simultaneously strengthening the balance sheet\nand strategically positioning the Company for the future. One of the key\nfactors for our markedly improved performance has been our ability to more\neffectively utilize our unique first-party data in order to drive better\nresults for our rapidly expanding global network of advertisers, publishers,\ncarriers and OEMs. Our ability to leverage valuable new AI tools and\npartnerships to maximize the value of our extensive data array has been, and\nwill continue to be, a meaningful contributor to growth.\"\n\nFiscal 2026 Fourth Quarter Financial Results\n\nTotal net revenue for the fourth quarter of fiscal 2026 was $142.5 million,\nrepresenting year-over-year growth of 20% as compared to net revenue of $119.2\nmillion for the fourth quarter of fiscal 2025. Total On Device Solutions net\nrevenue before intercompany eliminations was $91.0 million, representing\nyear-over-year growth of 5%. Total App Growth Platform net revenue before\nintercompany eliminations was $52.1 million, representing year-over year\ngrowth of 57%.\n\nGAAP net loss for the fourth quarter of fiscal 2026 was $7.3 million, or\n($0.06) per share, as compared to GAAP net loss for the fourth quarter of\nfiscal 2025 of $18.8 million, or ($0.18) per share.\n\nNon-GAAP adjusted net income(1) for the fourth quarter of fiscal 2026 was\n$19.7 million, or $0.16 per share, as compared to non-GAAP adjusted net\nincome(1) of $11.3 million, or $0.10 per share, in the fourth quarter of\nfiscal 2025.\n\nNon-GAAP adjusted EBITDA(2) for the fourth quarter of fiscal 2026 was $31.4\nmillion, representing year-over-year growth of 53% as compared to non-GAAP\nadjusted EBITDA(2) for the fourth quarter of fiscal 2025 of $20.5 million.\n\nFull Year Fiscal 2026 Financial Results\n\nTotal net revenue for fiscal 2026 was $565.3 million, representing\nyear-over-year growth of 15% as compared to total revenue of $490.5 million\nfor fiscal 2025.\n\nGAAP net loss for fiscal 2026 was $37.7 million, or ($0.33) per share, as\ncompared to GAAP net loss for fiscal 2025 of $92.1 million, or ($0.89) per\nshare.\n\nNon-GAAP adjusted net income(1) for fiscal 2026 was $64.9 million, or $0.56\nper share, as compared to non-GAAP adjusted net income(1) for fiscal 2025 of\n$38.7 million, or $0.37 per share.\n\nNon-GAAP adjusted EBITDA(2) for fiscal 2026 was $122.5 million, representing\nyear-over-year growth of 69% as compared to fiscal 2025 non-GAAP adjusted\nEBITDA(2) of $72.3 million.\n\nBusiness Outlook\n\nBased on information available as of May 26, 2026, the Company currently\nexpects the following for fiscal year 2027 :\n\n * Revenue of between $630 million and $650 million\n * Non-GAAP adjusted EBITDA(2) of between $135 million and $145 million\nIt is not reasonably practicable to provide a business outlook for GAAP net\nincome because the Company cannot reasonably estimate the changes in\nstock-based compensation expense, which is directly impacted by changes in the\nCompany's stock price, or other items that are difficult to predict with\nprecision.\n\nAbout Digital Turbine, Inc.\n\nDigital Turbine empowers superior mobile consumer experiences and results for\nthe world's leading telcos, advertisers, and publishers. Its end-to-end\nplatform uniquely simplifies its partners' abilities to supercharge awareness,\nacquisition, and monetization – connecting them with more consumers, in more\nways, across more devices. Digital Turbine is headquartered in North America,\nwith offices around the world. For additional information visit\nwww.digitalturbine.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4696584-1&h=2955860416&u=https%3A%2F%2Fwww.digitalturbine.com%2F&a=www.digitalturbine.com)\n.\n\nConference Call\n\nManagement will host a conference call and webcast today at 4:30p.m. ET to\ndiscuss its fourth quarter and fiscal 2026 financial results and provide\noperational updates on the business. The conference call will discuss forward\nguidance and other material information. The call can be accessed online via\nthe webcast link: https://app.webinar.net/W6z15Q47g98\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4696584-1&h=780212351&u=https%3A%2F%2Fapp.webinar.net%2FW6z15Q47g98&a=https%3A%2F%2Fapp.webinar.net%2FW6z15Q47g98)\n. The call can also be accessed by dialing 888-317-6003 in the United States\n(or 412-317-6061 from international locations) and entering access code\n6034141. A live and archived webcast of the call can be accessed via the\nInvestor Relations section of Digital Turbine's website.  The webcast will be\narchived for a period of one year and is available via the Investor Relations\nsection of Digital Turbine's website.\n\nFor those unable to join the live call, a playback will be available through\nJune 2nd, 2026. The replay can be accessed by dialing 855-669-9658 in the\nUnited States or 412-317-0088 from international locations, passcode 2613496.\n\nAn online webcast will be archived for a period of one year and is available\nvia the Investor Relations section of Digital Turbine's website.\n\nUse of Non-GAAP Financial Measures\n\nTo supplement the Company's consolidated financial statements presented in\naccordance with GAAP, Digital Turbine uses non-GAAP measures of certain\ncomponents of financial performance. These non-GAAP measures include non-GAAP\nadjusted net income and earnings per share (\"EPS\"), non-GAAP adjusted EBITDA,\nnon-GAAP free cash flow and non-GAAP gross profit. Reconciliations to the\nnearest GAAP measures of all non-GAAP measures included in this press release\ncan be found in the tables below.\n\nNon-GAAP measures are provided to enhance investors' overall understanding of\nthe Company's current financial performance, prospects for the future and as a\nmeans to evaluate period-to-period comparisons. The Company believes that\nthese non-GAAP measures provide meaningful supplemental information regarding\nfinancial performance by excluding certain expenses and benefits that may not\nbe indicative of recurring core business operating results. The Company\nbelieves the non-GAAP measures that exclude such items when viewed in\nconjunction with GAAP results and the accompanying reconciliations enhance the\ncomparability of results against prior periods and allow for greater\ntransparency of financial results. The Company believes non-GAAP measures\nfacilitate management's internal comparison of its financial performance to\nthat of prior periods as well as trend analysis for budgeting and planning\npurposes. The presentation of non-GAAP measures is not intended to be\nconsidered in isolation or as a substitute for, or superior to, the financial\ninformation prepared and presented in accordance with GAAP.\n\n(1)Non-GAAP adjusted net income (loss) and EPS are defined as GAAP net income\n(loss) and EPS adjusted to exclude the effect of the following, if any:\nstock-based compensation expense, amortization of intangibles, business\ntransformation costs, transaction-related expenses, severance costs, changes\nin fair value of contingent consideration, contract settlement fees,\nimpairment of goodwill, tax adjustments, (gain)/loss on extinguishment of\ndebt, amortization of debt discount, issuance costs and exit and duration\nfees, and unrealized (gain)/loss on derivatives. The Company added (gain)/loss\non extinguishment of debt, the amortization of debt discount, issuance costs\nand exit and duration fees, and unrealized (gain)/loss on derivatives due to\ntheir unusual nature and association with the Company's specific August 29,\n2025 debt refinance transaction and related issuance of warrants. Readers are\ncautioned that non-GAAP adjusted net income (loss) and EPS should not be\nconstrued as an alternative to comparable GAAP net income (loss) figures\ndetermined in accordance with U.S. GAAP as an indicator of profitability or\nperformance, which is the most comparable measure under GAAP.\n\n(2)Non-GAAP adjusted EBITDA is calculated as GAAP net income (loss) excluding\nthe following cash and non-cash expenses, if any: stock-based compensation\nexpense, depreciation and amortization, net interest income (expense), net\nother income (expense), business transformation costs, foreign exchange\ntransaction gains (losses), income tax (benefit) provision,\ntransaction-related expenses, contract settlement fees, changes in fair value\nof contingent consideration, impairment of goodwill, severance costs,\n(gain)/loss on extinguishment of debt, amortization of debt discount, issuance\ncosts, and exit and duration fees, and unrealized (gain)/loss on derivatives.\nThe Company added (gain)/loss on extinguishment of debt, the amortization of\ndebt discount, issuance costs and exit and duration fees, and unrealized\n(gain)/loss on derivatives due to their unusual nature and association with\nthe Company's specific August 29, 2025 debt refinance transaction and related\nissuance of warrants. Non-GAAP adjusted EBITDA margin is calculated as\nnon-GAAP adjusted EBITDA as a percentage of total revenue. Readers are\ncautioned that non-GAAP adjusted EBITDA should not be construed as an\nalternative to net income determined in accordance with U.S. GAAP as an\nindicator of performance, which is the most comparable measure under GAAP.\n\n(3)Non-GAAP free cash flow, which is a non-GAAP financial measure, is defined\nas net cash provided by operating activities (as stated in our Consolidated\nStatements of Cash Flows), excluding the following, if any:\ntransaction-related expenses, severance costs and business transformation\ncosts, reduced by capital expenditures. Readers are cautioned that free cash\nflow should not be construed as an alternative to net cash provided by\noperating activities determined in accordance with U.S. GAAP as an indicator\nof profitability, performance or liquidity, which is the most comparable\nmeasure under GAAP.\n\n(4)Non-GAAP gross profit is defined as GAAP income (loss) from operations\nadjusted to exclude the effect of the following, if any: product development\ncosts, sales and marketing costs, general and administrative costs, contract\nsettlement fees, impairment of goodwill and depreciation of software included\nin other direct costs of revenue. Readers are cautioned that non-GAAP gross\nprofit should not be construed as an alternative to income from operations\ndetermined in accordance with U.S. GAAP as an indicator of profitability or\nperformance, which is the most comparable measure under GAAP.\n\nNon-GAAP adjusted EBITDA, non-GAAP adjusted net income and EPS, non-GAAP free\ncash flow and non-GAAP gross profit are used by management as internal\nmeasures of profitability and performance. They have been included because the\nCompany believes that the measures are used by certain investors to assess the\nCompany's financial performance before non-cash charges and certain costs that\nthe Company does not believe are reflective of its underlying business.\n\nForward-Looking Statements\n\nThis news release includes \"forward-looking statements\" within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecurities Exchange Act of 1934, as amended. Statements in this news release\nthat are not statements of historical fact and that concern future results\nfrom operations, financial position, economic conditions, product releases and\nany other statement that may be construed as a prediction of future\nperformance or events, including financial projections and growth in various\nproducts are forward-looking statements that speak only as of the date made\nand which involve known and unknown risks, uncertainties and other factors\nwhich may, should one or more of these risks uncertainties or other factors\nmaterialize, cause actual results to differ materially from those expressed or\nimplied by such statements. These factors and risks include:\n\nRisks Specific to our Business\n\n * We may not achieve the expected benefits of our transformation program and\nsimilar measures we take in the future, and our efforts may adversely affect\nour business.\n * We have a history of net losses.\n * We have a limited operating history for our current portfolio of assets.\n * Our operations are global in scope, and we face added business, political,\nregulatory, legal, operational, financial, and economic risks as a result of\nour international operations.\n * Our financial results could vary significantly from quarter-to-quarter and are\ndifficult to predict.\n * A significant portion of our revenue is derived from a limited number of\nwireless carriers and customers.\n * The development and use of artificial intelligence (\"AI\") in our business,\ncombined with an uncertain regulatory environment, may adversely affect our\nbusiness, reputation, financial condition, and results of operations.\n * System security risks, data protection breaches, cyber-attacks, and systems\nintegration issues could disrupt our business.\n * Our business may involve the use, transmission, and storage of confidential\ninformation and personally identifiable information, and the failure to\nproperly safeguard such information could result in significant reputational\nharm and monetary damages.\n * The effects of the current and any future general downturns in the United\nStates (\"U.S\"). and the global economy, including financial market\ndisruptions.\n * Our products, services, and systems rely on software that is highly technical,\nand if it contains errors or viruses, our business could be adversely\naffected.\n * Our business and reputation could be impacted by information technology system\nfailures and network disruptions\n * Our business may suffer if we are unable to hire and retain key talent.\n * Our corporate culture has contributed to our success, and if we cannot\nmaintain this culture, we could lose the innovation, creativity, passion, and\nteamwork that we believe contribute to our success and our business may be\nharmed.\n * If we make future acquisitions, this could require significant management\nattention and disrupt our business.\n * Adverse developments affecting the financial services industry, including\nevents involving liquidity, defaults or non-performance, could adversely\naffect our business, financial condition, and results of operations.\n * Entry into new lines of business, and our offering of new products and\nservices, resulting from our investments may result in exposure to new risks.\n * Litigation may harm our business.\nRisks Related to the Mobile Advertising Industry\n\n * The mobile advertising business is an intensely competitive industry, and we\nmay not be able to compete successfully.\n * The markets for our products and services are rapidly evolving and may decline\nor experience limited growth.\n * Our business is dependent on the continued growth in usage of smartphones and\nother mobile connected devices.\n * Wireless technologies are changing rapidly, and we may not be successful in\nworking with these new technologies.\n * The complexity of and incompatibilities among mobile devices may require us to\nuse additional resources for the development of our products and services.\n * If wireless subscribers do not continue to use their mobile devices to access\nmobile content and other applications, our business growth and future revenue\nmay be adversely affected.\n * A shift of technology platform by wireless carriers and mobile device\nmanufacturers could lengthen the development period for our offerings,\nincrease our costs, and cause our offerings to be published later than\nanticipated.\n * Actual or perceived security vulnerabilities in devices or wireless networks\ncould adversely affect our revenue.\n * We may be subject to legal liability associated with providing mobile and\nonline services.\n * Risks of public health issues, such as a major epidemic or pandemic.\n * Risk related to geopolitical conditions and the global economy, including\nconflicts, financial markets, inflation, global supply chain, and tariffs.\n * Risk related to the geopolitical relationship between the U.S. and China or\nchanges in China's economic and regulatory landscape, including recent tariff\nincreases and trade tensions.\nIndustry Regulatory Risks\n\n * We are subject to rapidly changing and increasingly stringent laws,\nregulations and contractual requirements related to privacy, data security,\nand protection of children.\n * We are subject to anti-bribery, anti-corruption, and similar laws, and\nnon-compliance with such laws can subject us to criminal penalties or\nsignificant fines and harm our business and reputation.\n * We are subject to governmental economic sanction requirements and export and\nimport controls that could impair our ability to compete in international\nmarkets.\n * Our ability to use our net operating losses, credits, and certain other tax\nattributes to offset future taxable income or taxes may be subject to certain\nlimitations.\n * Regulatory requirements pertaining to the marketing, advertising, and\npromotion of our products and services.\n * Government regulation of our marketing methods could restrict or prevent our\nability to adequately advertise and promote our content, products, and\nservices available in certain jurisdictions.\nRisks Related to Our Intellectual Property and Potential Liability\n\n * Third parties may obtain and improperly use our intellectual property; and if\nso, our competitive position may be adversely affected, particularly if we do\nnot, or are unable to, adequately protect our intellectual property rights.\n * Third parties may sue us for intellectual property infringement, which may\nprevent or limit our use of the intellectual property and disrupt our business\nand could require us to pay significant damage awards.\n * Our platform contains open source software.\n * Indemnity provisions in various agreements potentially expose us to\nsubstantial liability for intellectual property infringement, damages caused\nby malicious software, and other losses.\nRisks Relating to Our Common Stock and Capital Structure\n\n * We have significant indebtedness, which could limit our financial flexibility.\n * To service our debt and fund our other obligations and capital requirements,\nwe will require a significant amount of cash, and our ability to generate cash\nwill depend on many factors beyond our control.\n * The market price of our common stock is likely to be highly volatile and\nsubject to wide fluctuations, and you may be unable to resell your shares at\nor above the current price or the price at which you purchased your shares.\n * Risk of not being able to raise capital to grow our business.\n * Risk to trading volume of lack of securities or industry analysts research\ncoverage.\n * If our goodwill becomes impaired, we may be required to record significant\ncharges to earnings.\n * A material weakness in our internal control over financial reporting and\ndisclosure controls and procedures could, if not remediated, result in\nmaterial misstatements in our financial statements.\n * Maintaining and improving financial controls and being a public company may\nstrain resources.\n * Anti-takeover provisions in our charter documents could make an acquisition of\nour company more difficult.\n * Our bylaws designate Delaware as the exclusive forum for certain disputes.\n * Other risks described in the risk factors in Item 1A of Annual Report under\nthe heading \"Risk Factors.\"\nYou should not place undue reliance on these forward-looking statements. The\nCompany does not undertake to update forward-looking statements, whether as a\nresult of new information, future events or otherwise, except as required by\nlaw.\n\nInvestor Relations Contact:\nBrian Bartholomew\nDigital Turbine, Inc.\nbrian.bartholomew@digitalturbine.com\n(mailto:brian.bartholomew@digitalturbine.com)\n\n \n Digital Turbine, Inc. and Subsidiaries\n\nCondensed Consolidated Statements of Operations and Comprehensive Income\n (Loss)\n\n(Unaudited)\n\n(in thousands, except share and per share amounts)\n\n                                                     Three Months Ended                                       Year Ended\n\nMarch 31,\nMarch 31,\n                                                     2026                            2025                     2026                         2025\n Net revenue                                         $    142,549                    $    119,152             $    565,251                 $   490,506\n Costs of revenue and operating expenses\n Revenue share                                       57,982                          53,195                   243,638                      235,287\n Other direct costs of revenue                       12,720                          9,359                    46,971                       34,541\n Product development                                 9,458                           9,114                    40,476                       39,464\n Sales and marketing                                 15,639                          14,014                   58,000                       61,642\n General and administrative                          36,235                          45,162                   142,124                      173,647\n Total costs of revenue and operating expenses       132,034                         130,844                  531,209                      544,581\n Income (loss) from operations                       10,515                          (11,692)                 34,042                       (54,075)\n Interest and other income (expense), net\n Change in fair value of contingent consideration    —                               —                        (231)                        (300)\n Interest expense, net                               (16,782)                        (8,855)                  (58,580)                     (34,783)\n Unrealized gain on derivatives                      2,239                           —                        1,504                        —\n Foreign exchange transaction gain                   499                             418                      3,536                        1,297\n Loss on extinguishment of debt                      —                               —                        (9,795)                      —\n Other expense, net                                  (15)                            (24)                     (1,816)                      (3)\n Total interest and other expense, net               (14,059)                        (8,461)                  (65,382)                     (33,789)\n Loss before income taxes                            (3,544)                         (20,153)                 (31,340)                     (87,864)\n Income tax expense (benefit)                        3,796                           (1,327)                  6,392                        4,235\n Net loss                                            (7,340)                         (18,826)                 (37,732)                     (92,099)\n Other comprehensive income\n Foreign currency translation gain (loss)            802                             826                      (462)                        (2,349)\n Comprehensive loss                                  $     (6,538)                   $    (18,000)            $    (38,194)                $   (94,448)\n Net loss per common share\n Basic                                               $       (0.06)                  $       (0.18)           $       (0.33)               $     (0.89)\n Diluted                                             $       (0.06)                  $       (0.18)           $       (0.33)               $     (0.89)\n Weighted average common shares outstanding\n Basic                                               120,048                         105,427                  112,923                      103,747\n Diluted                                             120,048                         105,427                  112,923                      103,747\n\n \n Digital Turbine, Inc. and Subsidiaries\n\nCondensed Consolidated Balance Sheets\n\n(Unaudited)\n\n(in thousands, except par value and share amounts)\n\n                                                                                   March 31,\n                                                                                   2026                     2025\n ASSETS\n Current assets\n Cash, cash equivalents, and restricted cash                                       $     37,960             $     40,084\n Accounts receivable, net                                                          251,240                  181,770\n Prepaid expenses                                                                  6,060                    6,923\n Value-added tax receivable                                                        4,461                    8,291\n Other current assets                                                              12,149                   5,711\n Total current assets                                                              311,870                  242,779\n Property and equipment, net                                                       49,111                   46,966\n Right-of-use assets                                                               7,739                    9,924\n Intangible assets, net                                                            217,448                  257,697\n Goodwill                                                                          223,053                  221,741\n Other non-current assets                                                          32,433                   33,747\n TOTAL ASSETS                                                                      $    841,654             $    812,854\n\n LIABILITIES AND STOCKHOLDERS' EQUITY\n Current liabilities\n Accounts payable                                                                  $    132,807             $    139,944\n Accrued revenue share                                                             87,215                   35,264\n Accrued compensation                                                              22,408                   7,503\n Acquisition purchase price liabilities                                            436                      1,697\n Current portion of long-term debt                                                 7,031                    —\n Other current liabilities                                                         18,402                   38,118\n Total current liabilities                                                         268,299                  222,526\n Long-term debt, net                                                               353,932                  408,687\n Derivative liabilities                                                            2,164                    —\n Deferred tax liabilities, net                                                     15,818                   16,308\n Other non-current liabilities                                                     9,280                    11,375\n Total liabilities                                                                 649,493                  658,896\n Commitments and contingencies\n Stockholders' equity\n Preferred stock\n Series A convertible preferred stock at $0.0001 par value; 2,000,000 shares       100                      100\n authorized,\n 100,000 issued and outstanding (liquidation preference of $1)\n Common stock\n $0.0001 par value: 200,000,000 shares authorized; 121,073,328 issued and          10                       10\n 120,315,203\n outstanding at March 31, 2026; 106,735,767 issued and 105,977,642 outstanding\n at March 31,\n 2025\n Additional paid-in capital                                                        969,062                  892,665\n Treasury stock (758,125 shares at March 31, 2026 and March 31, 2025)              (71)                     (71)\n Accumulated other comprehensive loss                                              (51,766)                 (51,304)\n Accumulated deficit                                                               (725,174)                (687,442)\n Total stockholders' equity                                                        192,161                  153,958\n TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                        $    841,654             $    812,854\n\n \n Digital Turbine, Inc. and Subsidiaries\n\nCondensed Consolidated Statements of Cash Flows\n\n(Unaudited)\n\n(in thousands)\n\n                                                                     Three Months Ended                                         Year ended\n\nMarch 31,                                                 March 31,\n                                                                     2026                               2025                    2026                             2025\n Cash flows from operating activities:\n Net loss                                                            $     (7,340)                      $    (18,826)           $    (37,732)                    $    (92,099)\n Adjustments to reconcile net loss to net cash provided by\n operating activities:\n   Depreciation and amortization                                     16,684                             23,126                  71,452                           82,910\n   Amortization of debt discount, issuance costs, and exit and       5,994                              545                     13,933                           1,835\n   duration fees\n   Provision for credit losses on accounts receivable                44                                 623                     233                              2,767\n   Unrealized gain on derivatives                                    (2,239)                            —                       (1,504)                          —\n   Foreign exchange transaction gain                                 (499)                              (418)                   (3,536)                          (1,297)\n   Stock-based compensation expense                                  4,142                              8,126                   16,355                           33,543\n   Loss on extinguishment of debt                                    —                                  —                       9,795                            —\n   Change in fair value of contingent consideration                  —                                  —                       231                              300\n   Non-cash lease expense                                            895                                788                     3,502                            3,179\n   Change in deferred income taxes                                   4,232                              1,298                   (654)                            (4,054)\n   Changes in operating assets and liabilities:\n Accounts receivable                                                 (6,150)                            16,847                  (70,192)                         5,823\n Prepaid expenses                                                    1,442                              (18)                    922                              777\n Value-added tax receivable                                          6,089                              (640)                   4,386                            (3,570)\n Other current assets                                                3,587                              (423)                   (4,848)                          613\n Right-of-use asset                                                  (1,149)                            108                     (1,061)                          (3,928)\n Other non-current assets                                            786                                237                     1,814                            939\n Accounts payable                                                    5,563                              (7,961)                 (7,183)                          (19,345)\n Accrued revenue share                                               (6,908)                            927                     51,827                           1,418\n Accrued compensation                                                4,987                              (1,081)                 14,767                           298\n Other current liabilities                                           (26,103)                           (10,007)                (21,415)                         2,410\n Other non-current liabilities                                       324                                (1,743)                 713                              (639)\n Net cash provided by operating activities                           4,381                              11,508                  41,805                           11,880\n Cash flows from investing activities\n   Capital expenditures                                              (7,447)                            (6,944)                 (30,619)                         (27,477)\n Net cash used in investing activities                               (7,447)                            (6,944)                 (30,619)                         (27,477)\n Cash flows from financing activities\n   Proceeds from borrowings, net of original issue discount          —                                  —                       418,700                          38,000\n   Payment of debt issuance costs                                    —                                  —                       (20,486)                         (1,627)\n   Payment of deferred business acquisition consideration            (106)                              —                       (1,263)                          —\n   Repayment of debt obligations                                     —                                  —                       (466,000)                        (13,000)\n   Proceeds from issuance of common stock in connection              —                                  —                       56,809                           —\n   with at-the-market offering, net of issuance costs of $1,337\n   Payment of withholding taxes for net share settlement of          (432)                              (234)                   (937)                            (465)\n   equity awards\n  Proceeds from options exercised                                    6                                  270                     2,313                            373\n  Net cash provided by (used in) financing activities                (532)                              36                      (10,864)                         23,281\n\n                                                                     Three Months Ended                                         Year Ended\n\nMarch 31,\n March 31,\n                                                                     2026                               2025                    2026                             2025\n Effect of exchange rate changes on cash and cash equivalents        1,135                              170                     (2,446)                          (1,205)\n and restricted cash\n Net change in cash and cash equivalents and restricted cash         (2,463)                            4,770                   (2,124)                          6,479\n Cash and cash equivalents and restricted cash, beginning of         40,423                             35,314                  40,084                           33,605\n period\n Cash and cash equivalents and restricted cash, end of period        $     37,960                       $     40,084            $     37,960                     $     40,084\n\n Reconciliation of cash, cash equivalents, and restricted cash\n Cash and cash equivalents                                           $     37,719                       $     39,393            $     37,719                     $     39,393\n Restricted cash                                                     $        241                       $        691            $        241                     $        691\n Total cash, cash equivalents, and restricted cash                   $     37,960                       $     40,084            $     37,960                     $     40,084\n\n Supplemental disclosure of cash flow information\n Interest paid                                                       $     11,061                       $      7,986            $     47,088                     $     35,583\n Income taxes paid                                                   $     14,193                       $      5,592            $     26,295                     $      7,150\n\n Supplemental disclosure of non-cash investing and financing\n activities\n Assets acquired not yet paid                                        $        233                       $        519            $        233                     $        519\n Stock-based compensation included in capitalized software           $        382                       $        232            $      1,857                     $      1,024\n development costs\n Fair value of unpaid contingent consideration in connection         $          —                       $      1,664            $          —                     $      1,664\n with business acquisitions\n\n \n Net Revenue By Segment\n (in thousands)\n (Unaudited)\n\n                        Three Months Ended March 31,                                      Year Ended March 31,\n                        2026                       2025                       % Change    2026                       2025                       % Change\n On Device Solutions    $     90,961               $     86,832               5 %         $     382,429              $     341,632              12 %\n App Growth Platform    52,149                     33,250                     57 %        185,742                    153,229                    21 %\n Elimination            (561)                      (930)                      (40) %      (2,920)                    (4,355)                    (33) %\n Total net revenue      $    142,549               $    119,152               20 %        $     565,251              $     490,506              15 %\n\n \n GAAP  Income (Loss) From Operations to Non-GAAP Gross Profit\n (in thousands)\n (Unaudited)\n\n                                                                Three Months Ended                               Year Ended\n\nMarch 31,\n March 31,\n                                                                2026                        2025                 2026                        2025\n Income (loss) from operations                                  $   10,515                  $  (11,692)          $    34,042                 $   (54,075)\n Add-back items:\n Product development                                            9,458                       9,114                40,476                      39,464\n Sales and marketing                                            15,639                      14,014               58,000                      61,642\n General and administrative                                     36,235                      45,162               142,124                     173,647\n Depreciation of software included in other direct costs of     —                           6                    —                           208\n revenue\n Contract settlement fees                                       —                           —                    —                           3,800\n Non-GAAP gross profit                                          $   71,847                  $   56,604           $   274,642                 $   224,686\n Non-GAAP gross profit percentage                               50 %                        48 %                 49 %                        46 %\n\n GAAP Net Income (Loss) to Non-GAAP Adjusted Net Income\n (in thousands)\n (Unaudited)\n\n                                                                Three Months Ended                               Year Ended\n\nMarch 31,\n March 31,\n                                                                2026                        2025                 2026                        2025\n Net loss                                                       $   (7,340)                 $  (18,826)          $   (37,732)                $   (92,099)\n Add-back items:\n Stock-based compensation expense                               4,142                       8,126                16,355                      33,543\n Amortization of intangibles                                    8,868                       13,429               41,598                      55,612\n Change in fair value of contingent consideration               —                           —                    231                         300\n Tax adjustment((1))                                            10,240                      7,165                21,589                      29,551\n Business transformation costs                                  —                           84                   31                          2,060\n Transaction-related expenses                                   —                           152                  —                           359\n Severance costs                                                53                          666                  595                         3,711\n Contract settlement fees                                       —                           —                    —                           3,800\n Amortization of debt discount, issuance costs, and exit        5,994                       536                  13,933                      1,826\n and duration fees((2))\n Loss on extinguishment of debt                                 —                           —                    9,795                       —\n Unrealized gain on derivatives                                 (2,239)                     —                    (1,504)                     —\n Non-GAAP adjusted net income                                   $   19,718                  $   11,332           $    64,891                 $    38,663\n Non-GAAP adjusted net income per common share                  $      0.16                 $      0.10          $       0.56                $       0.37\n Weighted average common shares outstanding, diluted            122,791                     108,150              116,776                     105,810\n ________\n (1) Valuation allowance\n (2) During the fiscal year ended March 31, 2026, the Company revised its\n non-GAAP definitions to include non-cash interest expense. Prior-\n period presentations for the three months and year ended March 31, 2025, have\n been recast to conform to the current period presentation.\n\n \n GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA\n (in thousands)\n (Unaudited)\n\n                                                     Three Months Ended                                Year Ended\n\nMarch 31,\n March 31,\n                                                     2026                         2025                 2026                        2025\n Net loss                                            $     (7,340)                $    (18,826)        $     (37,732)              $     (92,099)\n Add-back items:\n Stock-based compensation expense                    4,142                        8,126                16,355                      33,543\n Depreciation and amortization                       16,684                       23,126               71,452                      82,910\n Interest expense, net                               16,782                       8,855                58,580                      34,783\n Other expense, net                                  15                           24                   1,816                       3\n Change in fair value of contingent consideration    —                            —                    231                         300\n Business transformation costs                       —                            84                   31                          2,060\n Loss on extinguishment of debt                      —                            —                    9,795                       —\n Foreign exchange transaction gain                   (499)                        (418)                (3,536)                     (1,297)\n Income tax expense (benefit)                        3,796                        (1,327)              6,392                       4,235\n Transaction-related expenses                        —                            152                  —                           359\n Severance costs                                     53                           666                  595                         3,711\n Contract settlement fees                            —                            —                    —                           3,800\n Unrealized gain on derivatives                      (2,239)                      —                    (1,504)                     —\n Non-GAAP adjusted EBITDA                            $     31,394                 $     20,462         $     122,475               $       72,308\n\n \n GAAP Cash Flow From Operating Activities to Non-GAAP Free Cash Flow\n (in thousands)\n (Unaudited)\n\n                                                             Three Months Ended                                 Year Ended\n\nMarch 31,\nMarch 31,\n                                                             2026                         2025                  2026                     2025\n Net cash provided by operating activities                   $      4,381                 $     11,508          $     41,805             $     11,880\n Capital expenditures                                        (7,447)                      (6,944)               (30,619)                 (27,477)\n Transaction-related expenses                                —                            152                   —                        359\n Severance costs                                             53                           666                   595                      3,711\n Business transformation costs                               —                            84                    31                       2,060\n Non-GAAP free cash flow provided by (used in) operations    $     (3,013)                $      5,466          $     11,812             $     (9,467)\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/digital-turbine-reports-fiscal-2026-fourth-quarter-and-fiscal-year-2026-financial-results-302782127.html\n(https://www.prnewswire.com/news-releases/digital-turbine-reports-fiscal-2026-fourth-quarter-and-fiscal-year-2026-financial-results-302782127.html)\n\nSOURCE Digital Turbine, Inc.\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/1858241/Digital_Turbine_v1_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-05-26T20:05:00.556849039Z","server_sent_at_ms":1779825900556},"received_at":"2026-05-26T20:05:00.830Z","source_url":"https://www.prnewswire.com/news-releases/digital-turbine-reports-fiscal-2026-fourth-quarter-and-fiscal-year-2026-financial-results-302782127.html"},"analysis":{"id":"35144","press_release_id":"45706","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"earnings","narrative":"Digital Turbine reported Q4 FY26 revenue of $142.5 million, up 20% year-over-year, driven by a 57% surge in its App Growth Platform segment.\n\nThe company returned to GAAP operating income in the quarter ($10.5M) and generated $11.8M in Non-GAAP free cash flow for the full year, marking a significant improvement from the prior year's cash burn.\n\nManagement raised FY27 guidance above current estimates, projecting revenue between $630M and $650M and Non-GAAP adjusted EBITDA between $135M and $145M, citing strong execution and AI-driven data monetization.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Turnaround story gains traction: APPS beats on revenue and EBITDA, raises FY27 guidance, and returns to GAAP operating profit."},"keyFigures":{"revenue":142549000,"guidance":"FY27 revenue $630M-$650M; Non-GAAP adjusted EBITDA $135M-$145M","revenueYoy":"20%","customDimensions":{"fy26_revenue":565251000,"fy26_revenue_yoy":"15%","q4_non_gAAP_adjusted_eps":0.16,"fy26_non_gAAP_adjusted_eps":0.56,"fy26_non_gAAP_gross_margin":"49%","fy26_non_gAAP_gross_profit":274642000,"q4_non_gAAP_adjusted_ebitda":31394000,"fy26_non_gAAP_free_cash_flow":11812000,"fy26_non_gAAP_adjusted_ebitda":122475000,"q4_non_gAAP_adjusted_net_income":19718000,"fy26_non_gAAP_adjusted_ebitda_yoy":"69%","fy26_non_gAAP_adjusted_net_income":64891000}},"quotedText":"Emboldened by our upside financial performance and ongoing business momentum, we are pleased to provide guidance above current estimates for fiscal 2027","namedEntities":{"people":[{"name":"Bill Stone","role":"CEO"},{"name":"Brian Bartholomew","role":"Investor Relations Contact"}],"products":[],"companies":[{"name":"Digital Turbine, Inc.","ticker":"APPS"}],"dollarAmounts":[{"amount":"$142.5 million","context":"Q4 2026 net revenue"},{"amount":"$7.3 million","context":"Q4 2026 GAAP net loss"},{"amount":"$19.7 million","context":"Q4 2026 Non-GAAP adjusted net income"},{"amount":"$31.4 million","context":"Q4 2026 Non-GAAP adjusted EBITDA"},{"amount":"$565.3 million","context":"FY2026 net revenue"},{"amount":"$37.7 million","context":"FY2026 GAAP net loss"},{"amount":"$64.9 million","context":"FY2026 Non-GAAP adjusted net income"},{"amount":"$122.5 million","context":"FY2026 Non-GAAP adjusted EBITDA"},{"amount":"$630 million","context":"FY2027 revenue guidance low end"},{"amount":"$650 million","context":"FY2027 revenue guidance high end"},{"amount":"$135 million","context":"FY2027 Non-GAAP adjusted EBITDA guidance low end"},{"amount":"$145 million","context":"FY2027 Non-GAAP adjusted EBITDA guidance high end"}]},"materialImpact":{"score":4,"reasoning":"Strong turnaround narrative with 20% Q4 revenue growth and 69% YoY growth in Non-GAAP adjusted EBITDA. The company raised FY27 guidance above current estimates, signaling confidence in the trajectory. While GAAP remains loss-making, the significant improvement in operating metrics and cash flow generation supports a high impact score."},"tickerRelevance":{"others":[],"primary":"APPS"},"globalImportance":45,"audienceRelevance":35,"eventTypeSecondary":["guidance_update"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"earnings_beat_guidance_raise","sectorWeight":"tech_growth","householdBrandBoost":0,"marketCapAdjustment":"neutral","retailFavoriteBoost":0}},"event_type":"earnings","event_type_secondary":["guidance_update"],"sentiment":"bullish","material_impact_score":4,"narrative":"Digital Turbine reported Q4 FY26 revenue of $142.5 million, up 20% year-over-year, driven by a 57% surge in its App Growth Platform segment.\n\nThe company returned to GAAP operating income in the quarter ($10.5M) and generated $11.8M in Non-GAAP free cash flow for the full year, marking a significant improvement from the prior year's cash burn.\n\nManagement raised FY27 guidance above current estimates, projecting revenue between $630M and $650M and Non-GAAP adjusted EBITDA between $135M and $145M, citing strong execution and AI-driven data monetization.","key_figures":{"revenue":142549000,"guidance":"FY27 revenue $630M-$650M; Non-GAAP adjusted EBITDA $135M-$145M","revenueYoy":"20%","customDimensions":{"fy26_revenue":565251000,"fy26_revenue_yoy":"15%","q4_non_gAAP_adjusted_eps":0.16,"fy26_non_gAAP_adjusted_eps":0.56,"fy26_non_gAAP_gross_margin":"49%","fy26_non_gAAP_gross_profit":274642000,"q4_non_gAAP_adjusted_ebitda":31394000,"fy26_non_gAAP_free_cash_flow":11812000,"fy26_non_gAAP_adjusted_ebitda":122475000,"q4_non_gAAP_adjusted_net_income":19718000,"fy26_non_gAAP_adjusted_ebitda_yoy":"69%","fy26_non_gAAP_adjusted_net_income":64891000}},"named_entities":{"people":[{"name":"Bill Stone","role":"CEO"},{"name":"Brian Bartholomew","role":"Investor Relations Contact"}],"products":[],"companies":[{"name":"Digital Turbine, Inc.","ticker":"APPS"}],"dollarAmounts":[{"amount":"$142.5 million","context":"Q4 2026 net revenue"},{"amount":"$7.3 million","context":"Q4 2026 GAAP net loss"},{"amount":"$19.7 million","context":"Q4 2026 Non-GAAP adjusted net income"},{"amount":"$31.4 million","context":"Q4 2026 Non-GAAP adjusted EBITDA"},{"amount":"$565.3 million","context":"FY2026 net revenue"},{"amount":"$37.7 million","context":"FY2026 GAAP net loss"},{"amount":"$64.9 million","context":"FY2026 Non-GAAP adjusted net income"},{"amount":"$122.5 million","context":"FY2026 Non-GAAP adjusted EBITDA"},{"amount":"$630 million","context":"FY2027 revenue guidance low end"},{"amount":"$650 million","context":"FY2027 revenue guidance high end"},{"amount":"$135 million","context":"FY2027 Non-GAAP adjusted EBITDA guidance low end"},{"amount":"$145 million","context":"FY2027 Non-GAAP adjusted EBITDA guidance high end"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-26T20:08:17.912Z","global_importance":45,"audience_relevance":35,"importance_components":{"tickerTier":"small-cap","eventGravity":"earnings_beat_guidance_raise","sectorWeight":"tech_growth","householdBrandBoost":0,"marketCapAdjustment":"neutral","retailFavoriteBoost":0}},"durationMs":76296,"modelName":"george-droid-qwen-72b"}}