How Is Digital Turbine (NASDAQ:APPS) Lifting Revenue 27% and Adjusted EBITDA 46%?

Sonal Goyal

10 November 2026 06:56 PM AEDT

How Is Digital Turbine (NASDAQ:APPS) Lifting Revenue 27% and Adjusted EBITDA 46%?

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Key Highlights

Revenue rose 27% to $178.7 million in the fiscal second quarter of 2027.
Non-GAAP adjusted EBITDA increased 46% to $39.8 million.
GAAP Net Income was $10.3 million, or $0.06 per diluted share.
Non-GAAP free Cash Flow totaled $10.5 million for the quarter.

Digital Turbine, Inc. (NASDAQ:APPS) reported fiscal second-quarter 2027 Revenue of $178.7 million, a 27% increase from the year-earlier quarter. The Austin, Texas-based company also lifted non-GAAP adjusted EBITDA by 46%, while GAAP net income came in at $10.3 million. The figures show growth across its two main segments and a cost structure that is producing faster profit gains than revenue growth.

Revenue and Segment Growth

Revenue for the quarter ended September 30, 2026, reached $178.7 million. The company operates a platform that connects mobile app partners with advertisers, and the segment growth figures show Demand from both sides of that market.

Chief Executive Bill Stone linked the performance to what he described as a flywheel effect, in which data-driven and AI-based improvements lift overall platform performance.

Earnings and Cash Generation

GAAP net income was $10.3 million, or $0.06 per diluted share. Non-GAAP adjusted net income was $23.4 million, or $0.18 per share, compared with $16.5 million, or $0.15 per share, in the prior-year quarter.

Non-GAAP free cash flow totaled $10.5 million for the quarter.

Management's Outlook

Adjusted EBITDA Margin widened as revenue grew faster than the cost base in the quarter.

Final Word

Digital Turbine's fiscal second quarter combines faster revenue growth with a larger expansion in adjusted EBITDA, showing that profit gains have kept pace with the top line.

FAQs

Q: What was Digital Turbine's fiscal second-quarter 2027 revenue?

A: Revenue totaled $178.7 million, an increase of 27% from the fiscal second quarter of 2026.

Q: How did adjusted EBITDA change?

A: Non-GAAP adjusted EBITDA rose 46% to $39.8 million, up from $27.2 million a year earlier.

Q: What was GAAP net income for the quarter?

A: GAAP net income was $10.3 million, or $0.06 per diluted share.

Q: How much free cash flow did the company generate?

A: Non-GAAP free cash flow totaled $10.5 million for the fiscal second quarter of 2027.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.