Skip to content

Digital Turbine APPS Ratios & Valuation

Q4 '26Q3 '26Q2 '26Q1 '26Q4 '25
Profitability
Gross margin56.9%+4.9pp55.9%+4.6pp53.5%+1.5pp52.8%+0.9pp52%+0.2pp
Operating margin6%+17.0pp2.2%+53.9pp-4.3%+45.9pp-8.5%+66.3pp-11%+57.7pp
Net margin-6.7%+12.1pp-9.1%+55.0pp-14.8%+46.4pp-16.1%+68.6pp-18.8%+58.4pp
Returns
Return on equity-21.8%+28.3pp-27.5%+74.2pp-46.9%+48.6pp-46.5%+63.5pp-50.1%+52.5pp
Return on invested capital6.5%+16.2pp2.2%+40.3pp-4.2%+32.7pp-7.8%+43.4pp-9.8%+39.4pp
Efficiency
Asset turnover0.7×+0.1×0.6×+0.1×0.6×+0.1×0.6×+0.1×0.6×+0.1×
Liquidity
Current ratio1.2×+0.1×1.1×0.0×1.1×0.0×1.1×0.0×1.1×+0.1×
Leverage
Debt-to-equity1.9×-0.8×1.9×-0.7×2.7×+0.5×2.7×+0.7×2.7×+0.9×
Net debt / EBITDA3.1×-10.0×3.6×6.3×8.8×13.1×
Per Share
Book value per share$1.70+14.7%$1.62+2.9%$1.36-23.3%$1.43-25.4%$1.48-30.0%
Valuation
Market capitalization$1.22B+98.7%$560.74M+220%$693.6M+121%$589.47M+248%$285.09M+7.3%
Price / sales2.2×+0.9×+0.7×1.3×+0.7×1.2×+0.8×0.6×+0.1×
Price / book6.4×+2.4×2.9×+1.8×4.7×+3.0×3.9×+3.0×1.9×+0.6×
EV / EBITDA14.7×-19.7×9.8×18.1×22.6×23×

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Digital Turbine's profit margins?
Digital Turbine (APPS) runs a 56.9% gross margin and a 6.0% operating margin, with a -6.7% net margin.
Where do Digital Turbine's ratios come from?
Every ratio is computed from Digital Turbine's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.