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Mar 31

Digital Turbine Q4 2025 Earnings Report

Digital Turbine reported modest revenue growth and a narrowed net loss in Q4 2025.

Key Takeaways

Digital Turbine saw 6% YoY revenue growth and a significantly narrowed net loss compared to the prior year. Adjusted EBITDA surged 66%, and the company highlighted improved operational execution and strong demand.

Revenue grew to $119.2M, up 6% YoY

GAAP Net Loss narrowed to $18.8M from $236.5M last year

Adjusted EBITDA increased 66% YoY to $20.5M

Strong advertiser and partner demand supported performance

Total Revenue
$119M
Previous year: $112M
+6.2%
EPS
$0.1
Previous year: $0.12
-16.7%
Adjusted EBITDA
$20.5M
Previous year: $12.3M
+66.3%
Gross Profit
$56.6M
Previous year: $30.4M
+86.2%
Cash and Equivalents
$40.1M
Previous year: $33.6M
+19.3%
Free Cash Flow
$5.47M
Previous year: -$41.7M
-113.1%
Total Assets
$813M
Previous year: $866M
-6.1%

Digital Turbine

Digital Turbine

Digital Turbine Revenue by Segment

Forward Guidance

Digital Turbine expects revenue between $515M–$525M and adjusted EBITDA of $85M–$90M for FY2026.

Positive Outlook

  • Revenue guidance implies continued top-line growth
  • Adjusted EBITDA outlook reflects ongoing margin improvement
  • Positive impact anticipated from AI and ML initiatives
  • Solid advertiser and partner demand expected to persist
  • Momentum from transformation program projected to continue

Challenges Ahead

  • No GAAP income guidance due to volatility in stock-based compensation
  • Ongoing reliance on a limited number of wireless carrier partners
  • Foreign exchange fluctuations may impact international revenues
  • High cash needs to service long-term debt obligations
  • Competition in mobile advertising remains intense

Revenue & Expenses

Visualization of income flow from segment revenue to net income