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Digital Turbine APPS Current ratio

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Other financials

Income statement

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Revenue$142.5M+19.6%
Gross profit$84.6M+28.2%
Operating income$10.5M+190%
Net income-$7.3M+61.0%
EPS (diluted)-$0.06+66.7%

Balance sheet

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Cash & equivalents$38.0M-5.3%
Total debt$368.9M-11.8%
Total equity$192.2M+24.8%
Total assets$841.7M+3.5%

Cash flow

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Operating cash flow$4.4M-61.9%
CapEx$7.4M+7.2%
Free cash flow$6.4M

Valuation

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Market cap$1.22B+98.7%
Enterprise value$1.55B+56.4%
P/S2.2×+0.9×

Profitability

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Gross margin56.9%+4.9pp
Operating margin6%+3.7pp
Net margin-6.7%-2.6pp
FCF margin5.9%-10.0pp

Returns & leverage

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Return on equity-21.8%-7.9pp
Debt / equity1.9×-0.8×

Where this comes from

Calculated from Digital Turbine’s reported figures.

Based on the most recent quarter.

The official record: Digital Turbine’s 10-K, filed May 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Digital Turbine's current ratio?
Digital Turbine (APPS) reported current ratio of 1.2× in Q1 2026.
How has Digital Turbine's current ratio changed year-over-year?
Digital Turbine's current ratio increased by 6.5% year-over-year, from 1.1× to 1.2×.
What is the long-term trend for Digital Turbine's current ratio?
Over 5 years (2021 to 2026), Digital Turbine's current ratio has grown at a 5.8% compound annual growth rate (CAGR), from 0.9× to 1.2×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.