NASDAQ$APPS

Digital Turbine Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Digital Turbine's first quarter of fiscal year 2025 resulted in a revenue of $118.0 million and a GAAP net loss of $25.2 million.

Digital Turbine reported a 19% year-over-year decline in revenue, totaling $118.0 million for the first quarter of fiscal year 2025. The company experienced a GAAP net loss of $25.2 million, or ($0.25) per share, while non-GAAP adjusted net income was $7.3 million, or $0.07 per share. Despite these challenges, the company saw sequential growth in revenue and EBITDA, driven by increases in On Device Solutions and App Growth Platform revenues.

  • First quarter revenue totaled $118.0 million, a 5% increase quarter-over-quarter but a 19% decrease year-over-year.
  • GAAP net loss was $25.2 million, or ($0.25) per share, compared to a net loss of $8.4 million, or ($0.08) per share, in the same quarter last year.
  • Non-GAAP adjusted net income was $7.3 million, or $0.07 per share, down from $18.2 million, or $0.18 per share, in the prior year.
  • Non-GAAP adjusted EBITDA was $14.5 million, reflecting sequential growth but a 46% year-over-year decrease.

Headline financials

Total Revenue

$118M

Previous: $146M-19.4%
EPS

-$0.25

Previous: $0.18-238.9%
Non-GAAP Adjusted EBITDA

$14.5M

No prior period
Non-GAAP Adjusted Net Income

$7.35M

No prior period
Non-GAAP Gross Profit Percentage

46.0%

No prior period
Capital Expenditures

-$5.93M

No prior period
Net Income

-$25.2M

Previous: -$8.18M-207.6%
Operating Income

-$16.1M

Previous: -$4.72M-241.2%
Gross Profit

$62.2M

Previous: $76.8M-19.0%
Cash & Equivalents

$35.7M

Previous: $58.6M-39.0%
Total Assets

$860M

Previous: $1.26B-31.8%
R&D Expense

$10.6M

No prior period
Stock-Based Comp

$8.17M

Previous: $10M-18.5%

Revenue & EPS history

Digital Turbine · Revenue · Quarterly

$118M

Q1 2025-19.4%vs Q1 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Digital Turbine · $568M total across 2 segments · Q4 2026

  • On Device Solutions
    $382M
  • App Growth Platform
    $186M

Forward guidance

The Company currently reaffirms its expectations for the following for fiscal year 2025: Revenue of between $540 million and $560 million and Non-GAAP adjusted EBITDA of between $85 million and $95 million.

Tailwinds

  • Revenue of between $540 million and $560 million
  • Non-GAAP adjusted EBITDA of between $85 million and $95 million

Headwinds

  • It is not reasonably practicable to provide a business outlook for GAAP net income because the Company cannot reasonably estimate the changes in stock-based compensation expense, which is directly impacted by changes in the Company’s stock price, or other items that are difficult to predict with precision.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+4.1%

Avg return

Earnings day

+9.3%

Avg return

5 days after

+4.6%

Avg return

30 days after

44%

28 / 64 earnings

Positive

+96.5%

Q3 2025

Best reaction

-44.9%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+38.7%+93.6%
Q3 2026+5.7%-10.5%-17.0%
Q2 2026+23.0%+0.0%-15.4%
Q1 2026-14.9%-21.1%-18.0%
Q4 2025+56.8%+19.8%+8.1%
Q3 2025+96.5%+114.6%+15.7%
Q2 2025-44.9%-56.9%-53.8%
Q1 2025+61.8%+57.9%+59.6%
Q4 2024-13.1%-11.7%-30.4%
Q3 2024-27.8%-27.1%-41.3%
Q2 2024-5.9%-8.4%+20.1%
Q1 2024-11.2%-12.0%-24.4%
Q4 2023-42.6%-36.5%-45.4%
Q3 2023-28.2%-26.3%-42.9%
Q2 2023+50.3%+57.8%+42.3%
Q1 2023-6.9%+3.6%-23.4%
Q4 2022-26.2%-1.0%-42.0%
Q3 2022+11.7%+9.7%-14.6%
Q2 2022-20.3%-22.8%-44.6%
Q1 2022-8.7%-16.6%-7.2%
Q4 2021-1.7%+2.4%+18.3%
Q3 2021+21.1%+42.7%+16.1%
Q2 2021-4.6%+14.1%+34.6%
Q1 2021+36.9%+48.3%+51.2%
Q4 2020+36.7%+44.0%+95.0%
Q3 2020-1.7%+12.8%-2.0%
Q2 2020-3.0%+0.4%+17.3%
Q1 2020-0.9%+13.4%+31.9%
Q4 2019+13.8%+26.0%+41.9%
Q3 2019+11.9%+16.5%+44.5%
Q2 2019+12.6%+25.9%+48.1%
Q1 2019+6.2%+1.4%-8.9%
Q4 2018-8.7%-5.8%-15.7%
Q3 2018-2.4%+6.8%+14.1%
Q2 2018+0.0%-6.3%+1.3%
Q1 2018+2.8%+0.0%+7.3%
Q4 2017+3.0%+5.8%+3.9%
Q3 2017+4.3%+0.0%+27.1%
Q2 2017+2.9%+23.5%-4.4%
Q1 2017+1.9%-3.7%+29.0%
Q4 2016+4.0%+9.0%+9.0%
Q3 2016-12.4%
Q2 2016-3.1%
Q1 2016-8.6%
Q4 2015-10.9%
Q3 2015+6.0%
Q2 2015-8.7%
Q1 2015+13.4%
Q4 2014-2.9%
Q3 2014+6.7%
Q2 2014+6.1%
Q1 2014-9.9%
Q4 2013-1.1%
Q3 2012+0.0%
Q2 2013-4.0%
Q1 2013+0.0%
Q4 2012+2.6%
Q2 2012+0.0%
Q1 2012+0.0%
Q4 2011+14.7%
Q3 2010+0.0%
Q2 2010+47.8%
Q1 2010+0.0%
Q4 2010+0.0%

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