NASDAQ$APPS

Digital Turbine Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Digital Turbine reported its fiscal third quarter 2025 financial results, with revenue totaling $134.6 million.

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.

Headline financials

Total Revenue

$135M

Previous: $143M-5.6%
EPS (adj)

$0.13

Previous: -$0.14+192.9%
Non-GAAP Adjusted EBITDA

$22M

Previous: $25.4M-13.5%
Non-GAAP Adjusted Net Income

$14.2M

No prior period
Non-GAAP Gross Profit Percentage

44.0%

Previous: 45.0%-2.2%
Capital Expenditures

-$7.13M

Previous: -$3.11M-129.3%
Net Income

-$23.1M

Previous: -$14.1M-64.5%
Operating Income

-$12.8M

Previous: -$9.27M-37.6%
Gross Profit

$59.6M

Previous: $72.3M-17.6%
R&D Expense

$9.71M

Previous: $13M-25.5%

Revenue & EPS history

Digital Turbine · Revenue · Quarterly

$135M

Q3 2025-5.6%vs Q3 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

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.

Tailwinds

  • 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.

Headwinds

  • 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.

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 Q3 2025

Historical avgQ3 2025

+3.6%

Avg return

Earnings day

+7.2%

Avg return

5 days after

+4.6%

Avg return

30 days after

43%

27 / 63 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
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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