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Digital Turbine APPS Ratios & Valuation

Q4 '26Q3 '26Q2 '26Q1 '26Q4 '25
Profitability
Gross margin56.9%+1.0pp55.9%+2.5pp53.5%+0.7pp52.8%+0.8pp52%+0.8pp
Operating margin6%+3.8pp2.2%+6.5pp-4.3%+4.2pp-8.5%+2.6pp-11%+40.7pp
Net margin-6.7%+2.4pp-9.1%+5.7pp-14.8%+1.3pp-16.1%+2.7pp-18.8%+45.3pp
Returns
Return on equity-21.8%+5.7pp-27.5%+19.4pp-46.9%-0.3pp-46.5%+3.5pp-50.1%+51.6pp
Return on invested capital6.5%+4.2pp2.2%+6.4pp-4.2%+3.7pp-7.8%+1.9pp-9.8%+28.3pp
Efficiency
Asset turnover0.7×0.0×0.6×0.0×0.6×0.0×0.6×0.0×0.6×+0.1×
Liquidity
Current ratio1.2×+0.1×1.1×0.0×1.1×0.0×1.1×0.0×1.1×0.0×
Leverage
Debt-to-equity1.9×+0.1×1.9×-0.9×2.7×0.0×2.7×0.0×2.7×+0.2×
Net debt / EBITDA3.1×-0.5×3.6×-2.7×6.3×-2.5×8.8×-4.3×13.1×
Per Share
Book value per share$1.70+5.3%$1.62+19.0%$1.36-5.0%$1.43-3.8%$1.48-5.5%
Valuation
Market capitalization$1.22B+98.7%$560.74M-19.2%$693.6M+17.7%$589.47M+107%$285.09M+62.6%
Price / sales2.2×+0.9×-0.3×1.3×+0.1×1.2×+0.6×0.6×+0.2×
Price / book6.4×+2.4×2.9×-1.8×4.7×+0.8×3.9×+2.0×1.9×+0.8×
EV / EBITDA14.7×-19.7×9.8×-8.3×18.1×-4.4×22.6×-0.4×23×

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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.