Digital Turbine APPS Ratios & Valuation
| TTM Q4 '26 | TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 56.9%+1.0pp | 55.9%+2.5pp | 53.5%+0.7pp | 52.8%+0.8pp | 52%+0.8pp | |
| Operating margin | 6%+3.8pp | 2.2%+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 | |
| EBITDA margin | 18.7%+2.1pp | 16.6%+5.4pp | 11.1%+2.6pp | 8.5%+2.6pp | 5.9%+40.9pp | |
| 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 assets | -4.6%+1.2pp | -5.8%+3.5pp | -9.3%+0.3pp | -9.7%+1.3pp | -11%+20.9pp | |
| Return on invested capital | 6.5%+4.2pp | 2.2%+6.4pp | -4.2%+3.7pp | -7.8%+1.9pp | -9.8%+28.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.7×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×+0.1× | |
| Liquidity | ||||||
| Current ratio | 1.2×+0.1× | 1.1×0.0× | 1.1×0.0× | 1.1×0.0× | 1.1×0.0× | |
| Quick ratio | 1.2×+0.1× | 1.1×0.0× | 1.1×0.0× | 1.1×0.0× | 1.1×0.0× | |
| Cash ratio | 0.1×0.0× | 0.1×0.0× | 0.2×0.0× | 0.1×0.0× | 0.2×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 1.9×+0.1× | 1.9×-0.9× | 2.7×0.0× | 2.7×0.0× | 2.7×+0.2× | |
| Debt-to-assets | 0.4×0.0× | 0.4×-0.1× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Net debt / EBITDA | 3.1×-0.5× | 3.6×— | —— | —— | —— | |
| 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 | $1.23B+99.1% | $560.74M-19.2% | $693.6M+17.7% | $589.47M+107% | $285.09M+62.6% | |
| Enterprise value | $1.56B+56.7% | $882.99M-16.6% | $1.06B+9.8% | $965.05M+45.5% | $663.2M+19.5% | |
| Price / sales | 2.2×+0.9× | 1×-0.3× | 1.3×+0.1× | 1.2×+0.6× | 0.6×+0.2× | |
| Price / book | 6.4×+2.4× | 2.9×-1.8× | 4.7×+0.8× | 3.9×+2.0× | 1.9×+0.8× | |
| EV / EBITDA | 14.8×-19.7× | 9.8×— | —— | —— | —— | |
| EV / sales | 2.8×+0.7× | 1.6×-0.4× | 2×+0.1× | 1.9×+0.6× | 1.4×+0.2× | |
| Earnings yield | -3.1%+11.9pp | -8.8%+2.4pp | -11.2%+2.6pp | -13.7%+18.6pp | -32.3%+144pp |
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.
