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Dec 31, 2024
Digital Turbine Q3 2025 Earnings Report
Digital Turbine reported its fiscal third quarter 2025 financial results, with revenue totaling $134.6 million.
Key Takeaways
Digital Turbine exceeded expectations in the December quarter, driven by improved execution and profit-optimization measures. The company saw strong advertiser and publisher demand for its On-Device product offerings and continued growth in spending from leading advertising agencies and brand advertisers on its App Growth Platform, leading to increased revenue and free cash flow.
Fiscal third quarter 2025 revenue was $134.6 million, showing a 13% increase quarter-over-quarter but a 6% decline year-over-year.
GAAP net loss for the fiscal third quarter of 2025 was $23.1 million, or ($0.22) per share.
Non-GAAP adjusted net income for the fiscal third quarter of 2025 was $13.7 million, or $0.13 per share.
Non-GAAP adjusted EBITDA for the fiscal third quarter of 2025 was $22.0 million, a 44% increase quarter-over-quarter.
Digital Turbine
Digital Turbine
Digital Turbine Revenue by Segment
Revenue by Segment
On Device Solutions Revenue
CapyFin.comApp Growth Platform Revenue
CapyFin.com Forward Guidance
Digital Turbine is raising its annual guidance for fiscal year 2025, expecting revenue between $485 million and $490 million and Non-GAAP adjusted EBITDA between $69 million and $71 million.
Positive Outlook
- Raising fiscal 2025 outlook.
- Implies year-over-year revenue growth in the March quarter.
- Expects more material year-over-year growth in EBITDA.
- Strong advertiser and publisher demand for On-Device product offerings.
- Continuing growth in spending from leading advertising agencies and brand advertisers on App Growth Platform.
Challenges Ahead
- Cannot reasonably estimate changes in stock-based compensation expense for GAAP net income outlook.
- Stock price directly impacts stock-based compensation expense.
- Other items are difficult to predict with precision for GAAP net income outlook.
- Potential for significant demands on management and infrastructure due to growth.
- Financial results could vary significantly quarter-to-quarter and are difficult to predict.
Revenue & Expenses
Visualization of income flow from segment revenue to net income