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Digital Turbine APPS Debt covenant, duration fees

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Other financials

Income statement

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Revenue$166.0M+26.8%
Gross profit$94.9M+30.4%
Operating income$23.1M+595%
Net income-$11.3M+19.7%
EPS (diluted)-$0.09+30.8%

Balance sheet

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Cash & equivalents$43.2M+26.6%
Total debt$356.1M-13.1%
Total equity$190.6M+18.8%
Total assets$843.5M+3.1%

Cash flow

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Operating cash flow$17.9M+103%
CapEx$6.7M-12.3%
Free cash flow$11.2M+854%

Valuation

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Market cap$1.59B+216%
Enterprise value$1.91B+117%
P/S2.7×+1.7×

Profitability

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Gross margin57.3%+4.5pp
Operating margin10.3%+7.1pp
Net margin-5.8%-2.3pp
FCF margin5.9%-10.0pp

Returns & leverage

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Return on equity-19.9%-7.2pp
Debt / equity1.9×-0.7×
Current ratio1.2×+0.1×

Where this comes from

Reported directly by Digital Turbine in its filing.

Tagged under the XBRL concept apps:DebtInstrumentDebtCovenantDurationFees.

The source filing: Digital Turbine’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:44 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001628280-26-053446

The Financing Agreement requires certain exit and duration fees which are earned on various contractual dates through December 31, 2026 and a portion of these fees are added to the outstanding principal balance when due. As of June 30, 2026, the Company has added total exit fees of $5,850 and duration fees of $10,750 to its principal balance. The Company uses the effective interest method to recognize the exit and duration fees over the term of the debt. The effective interest rate for the period from the date of issuance through June 30, 2026, on the affected tranche was 17.21%. As of June 30, 2026, the Company may be required to pay $5,000 in duration fees should the principal of a certain tranche remain unpaid as of December 31, 2026.

ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Digital Turbine's debt covenant, duration fees?
Digital Turbine (APPS) reported debt covenant, duration fees of $10.75M in Q2 2026.
What does debt covenant, duration fees mean?
Debt covenant, duration fees as reported by Digital Turbine, Inc..

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