What is Digital Turbine's unbilled revenue?

Digital Turbine (APPS) reported unbilled revenue of $111.36M in Q4 2025.

How has Digital Turbine's unbilled revenue changed year-over-year?

Digital Turbine's unbilled revenue increased by 26.4% year-over-year, from $88.11M to $111.36M.

What is the long-term trend for Digital Turbine's unbilled revenue?

Over 4 years (2021 to 2025), Digital Turbine's unbilled revenue has grown at a 21.4% compound annual growth rate (CAGR), from $38.84M to $84.44M.

Digital Turbine APPS Unbilled Revenue

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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×

Current ratio1.2×+0.1×

Where this comes from

Reported directly by Digital Turbine in its filing.

Tagged under the XBRL concept us-gaap:UnbilledReceivablesCurrent.

The official record: Digital Turbine’s 10-Q, filed February 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Digital Turbine's unbilled revenue?: Digital Turbine (APPS) reported unbilled revenue of $111.36M in Q4 2025.
How has Digital Turbine's unbilled revenue changed year-over-year?: Digital Turbine's unbilled revenue increased by 26.4% year-over-year, from $88.11M to $111.36M.
What is the long-term trend for Digital Turbine's unbilled revenue?: Over 4 years (2021 to 2025), Digital Turbine's unbilled revenue has grown at a 21.4% compound annual growth rate (CAGR), from $38.84M to $84.44M.