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Digital Turbine APPS Ratios & Valuation

FY'26FY'25FY'24FY'23
Profitability
Gross margin56.9%+4.9pp52%+0.2pp51.8%-1.7pp53.6%+3.1pp
Operating margin6%+17.0pp-11%+57.7pp-68.8%
Net margin-6.7%+12.1pp-18.8%+58.4pp-77.2%
EBITDA margin18.7%+12.8pp5.9%+59.2pp-53.4%
Returns
Return on equity-21.8%+28.3pp-50.1%+52.5pp-102.6%
Return on assets-4.6%+6.4pp-11%+28.4pp-39.4%
Return on invested capital6.5%+16.2pp-9.8%+39.4pp-49.2%
Efficiency
Asset turnover0.7×+0.1×0.6×+0.1×0.5×0.0×0.5×-0.4×
Liquidity
Current ratio1.2×+0.1×1.1×+0.1×-0.2×1.2×+0.1×
Quick ratio1.2×+0.1×1.1×+0.1×-0.2×1.2×+0.1×
Cash ratio0.1×0.0×0.2×0.0×0.1×-0.2×0.3×0.0×
Leverage
Debt-to-equity1.9×-0.8×2.7×+0.9×1.8×+1.1×0.7×-0.4×
Debt-to-assets0.4×-0.1×0.5×+0.1×0.5×+0.1×0.3×0.0×
Net debt / EBITDA3.1×-10.0×13.1×
Per Share
Book value per share$1.70+14.7%$1.48-30.0%$2.12-64.4%$5.94+18.6%
Valuation
Market capitalization$1.22B+98.7%$285.09M+7.3%$265.61M-78.5%$1.23B-71.2%
Enterprise value$1.55B+56.4%$663.2M+6.2%$624.28M-60.5%$1.58B-66.5%
Price / sales2.2×+0.9×0.6×+0.1×0.5×-1.4×1.9×-3.9×
Price / book6.4×+2.4×1.9×+0.6×1.2×-0.8×-6.3×
EV / EBITDA14.7×-19.7×23×
EV / sales2.8×+0.7×1.4×+0.2×1.1×-1.2×2.4×-3.9×
Earnings yield-3.1%+11.9pp-32.3%+126pp-158.2%

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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.