Digital Turbine (APPS) Q2 2027 Earnings
Non-GAAP adjusted EPS excludes a $4.7 million gain on the sale of a dormant exchange originally acquired with AdColony, a $2,193 thousand unrealized gain on derivatives, and a $5,580 thousand tax adjustment (valuation allowance). GAAP diluted EPS was $0.06.
How Did APPS Stock React to Q2 2027 Earnings?
Did APPS Beat Earnings? Q2 2027 Results
Yes. Digital Turbine reported Q2 2027 earnings of $0.18 a share on Nov 9, 2026, beating the $0.17 consensus estimate by 5.9%. Revenue was $178.7M against a $166.7M estimate.
Digital Turbine delivered a strong fiscal second-quarter beat, posting adjusted EPS of $0.18 against the $0.17 consensus estimate, a 5.88% beat that extended the company's streak to four consecutive quarters of topping EPS expectations. Revenue of $178.68 million cleared the $166.75 million consensus by 7.16% and climbed 36.5% year over year, driven by double-digit growth across both segments, with App Growth Platform surging 42% to $63.46 million and On Device Solutions rising 20% to $115.60 million. The company swung to GAAP net income of $10.28 million, compared to a net loss of $21.39 million in the year-ago quarter, while non-GAAP adjusted EBITDA jumped 46% to $39.81 million, a reflection of operating leverage that CEO Bill Stone attributed to an AI- and data-driven flywheel effect attracting greater partner adoption and advertiser investment. The quarter also coincided with the appointment of a new CFO, adding a fresh leadership dimension to an already upbeat report. Looking ahead, Digital Turbine guided fiscal 2027 revenue to $670 million to $690 million, with adjusted EBITDA of $145 million to $155 million.
- Total revenue up 27% YoY to $178.7 million
- On Device Solutions revenue up 20% to $115.6 million
- App Growth Platform revenue up 42% to $63.5 million
- Higher partner adoption and advertiser investment across the platform
- Operating leverage drove 46% adjusted EBITDA growth to $39.8 million
- Lower G&A, product development and stock-based compensation expense
- $4.7 million gain on sale of a dormant exchange acquired with AdColony
- Non-GAAP gross margin fell to 43% from 47% as revenue share expense rose to $87.7 million
“Our strong second quarter results are further testament to the positive momentum underlying the business.”
Digital Turbine CEO, on the earnings call
What Is Digital Turbine's Outlook?
For fiscal year 2027, Digital Turbine expects revenue of $670 million to $690 million and non-GAAP adjusted EBITDA of $145 million to $155 million. The company did not provide a GAAP net income outlook, citing unpredictable stock-based compensation and other items. Management said the stronger-than-expected quarter and continuing 'flywheel' momentum increase its conviction in the business.
APPS YoY Financials
| Metric | Q2 2027 | Q2 2026 | Year over year |
|---|---|---|---|
| Revenue | $178.7M | $130.9M | +36.5% |
| Operating Income | $20.3M | $3.2M | +535.7% |
| Net Income | $10.3M | $3.8M | +172.9% |
APPS Revenue by Segment
When Does Digital Turbine Report Next?
Figures from SEC filings and company reports. Not investment advice.