Digital Turbine Inc
digitalturbine.comWhat Do They Do?
Provides mobile app and content delivery through wireless carriers and device makers, plus advertising and app-monetization services for app developers, publishers, advertisers and agencies.
10-K for FY2026, filed May 26, 2026The Company’s On Device Solutions (“ODS”) business consists of products and services that simplify the discovery and delivery of mobile…View ↗
Application Media represents the portion of the ODS business platform that delivers apps to end users through partnerships with wireless…View ↗
The Company’s App Growth Platform (“AGP”) business consists of Advertising Solutions and Ad Monetization Solutions.View ↗
Advertising Solutions serve two key segments: (1) App Developers and (2) Brands and Agencies - enabling them to execute targeted mobile…View ↗
How Do They Make Money?
Advertisers and app developers pay for ads shown, app placements, installs or other completed actions, with charges tied to impressions, placements, installs, actions or a share of ad spending. For carrier and device-maker services, Digital Turbine shares advertising revenue with those partners.
10-K for FY2026, filed May 26, 2026The Company generates revenue from transactions for the purchase and sale of digital advertising inventory through our various platforms…View ↗
The Company enters into contracts with carriers and OEMs for its On Device Solutions (“ODS”) segment to help the customer control, manage…View ↗
The Company generally offers these services through cost-per-install (“CPI”), cost-per-placement (“CPP”), and/or cost-per-action (“CPA”)…View ↗
The Company has concluded that the performance obligation within the contract is complete upon delivery of the application to the end-user…View ↗
The Company, through its App Growth Platform (“AGP”) segment provides platforms that allow demand side platforms (“DSPs”) and publishers to…View ↗
The Company, through its AGP segment for its Brand and Performance offerings, contracts directly with advertisers or agencies. through…View ↗
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10-K for FY2026, filed May 26, 2026
FY2026 revenue by reportable segment ↗
$565.3M
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10-K for FY2026, filed May 26, 2026
$565.3M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
ODS
Usage-based
10-K for FY2026, filed May 26, 2026 |
68%
FY2023: 63%
|
ODS, FY2026
$382.4M Sources
|
Usage-based |
|
AGP
Usage-based
10-K for FY2026, filed May 26, 2026 |
33%
FY2023: 38%
|
AGP, FY2026
$185.7M Sources
|
Usage-based |
Who Are Their Customers?
Wireless carriers and device makers work with the company to put apps and content on phones; advertisers and agencies buy ad campaigns directly, while app publishers and developers make inventory available through the marketplace.
10-K for FY2026, filed May 26, 2026On Device Solutions (“ODS”) - This segment generates revenue from the delivery of mobile application media or content to end users with…View ↗
The Company enters into contracts with carriers and OEMs for its On Device Solutions (“ODS”) segment to help the customer control, manage…View ↗
The Company, through its App Growth Platform (“AGP”) segment provides platforms that allow demand side platforms (“DSPs”) and publishers to…View ↗
The Company, through its AGP segment for its Brand and Performance offerings, contracts directly with advertisers or agencies. through…View ↗
Do Revenues Turn Into Profits?
Not on paper. It lost $37.7M in FY2026, but brought in more cash than it spent: $11.2M of free cash flow.
10-K for FY2026, filed May 26, 2026
$34MView ↗
10-K for FY2026, filed May 26, 2026
−$37.7MView ↗
10-K for FY2026, filed May 26, 2026
$11.2MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q1 FY2027, filed Aug 5, 2026
−$11.3MView ↗
- ▼ −20% (Loss)
- vs −$14.1M in Q1 FY2026
10-Q for Q1 FY2027, filed Aug 5, 2026
Open tableView ↗
Shrinking. Revenue fell 24% in 4 years, from $747.6M in FY2022 to $565.3M in FY2026, about 7% a year.
Who Do They Compete With?
Competes with Facebook, Snapchat, Unity Software, lnMobi, Magnite, AppLovin, Google, Amazon, the Trade Desk, AT&T, Adobe, and Liftoff
10-K for FY2026, filed May 26, 2026Our primary competition for ODS comes from the Google Play application store. Broadly, our ODS platform faces competition from existing…View ↗
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