Q2 25 EPS
$0.05
MISS 16.67%
Est. $0.06
Q2 25 Revenue
$118.7M
MISS 5.66%
Est. $125.9M
vs S&P Since Q2 25
+493.1%
BEATING MARKET
APPS +519.3% vs S&P +26.2%
Market Reaction
Did APPS Beat Earnings? Q2 2025 Results
Digital Turbine delivered a disappointing fiscal second quarter, missing on both top and bottom lines as legacy business headwinds weighed on results. Revenue came in at $118.73 million, falling short of the $125.85 million consensus by 5.66% and rep… Read more Digital Turbine delivered a disappointing fiscal second quarter, missing on both top and bottom lines as legacy business headwinds weighed on results. Revenue came in at $118.73 million, falling short of the $125.85 million consensus by 5.66% and representing only a modest 0.6% year-over-year gain when measured against adjusted comparisons, while non-GAAP adjusted EPS of $0.05 trailed the $0.06 estimate by 16.67%. The shortfall was driven in part by broad segment weakness, with On Device Solutions revenue sliding 17% year-over-year to $82.41 million and App Growth Platform revenue dropping 19% to $37.35 million. Non-GAAP adjusted EBITDA fell 45% to $15.31 million, and operating cash flow swung to a consumption of $8.72 million from generation of $27.45 million a year ago. In response, management initiated a transformation program targeting more than $25 million in annual cost savings and reduced its full-year revenue outlook to $475 million to $485 million, while still projecting a return to year-over-year growth by the March quarter.
Key Takeaways
- • Second consecutive quarter of sequential revenue growth
- • Non-GAAP adjusted EBITDA increased 6% sequentially
- • Revenue declined 17% year-over-year due to headwinds in legacy businesses
APPS YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
APPS Revenue by Segment
With YoY comparisons, source: SEC Filings
“The September quarter results marked our second consecutive quarter of sequential growth. While we anticipate continued sequential growth in the current December quarter and a return to year-over-year growth in the March quarter, our outlook for the remainder of fiscal 2025 has been reduced as a result of more significant anticipated headwinds in some of our legacy businesses.”
— Bill Stone, Q2 2025 Earnings Press Release
APPS Earnings Trends
APPS vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
APPS EPS Trend
Earnings per share: estimate vs actual
APPS Revenue Trend
Quarterly revenue: estimate vs actual
APPS Quarterly Results
9 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 BEAT FY | $0.09 | $0.16 | +88.24% | $142.5M | +7.00% |
| FY Full Year | $0.40 | $0.56 | +41.77% | $565.3M | +1.68% |
| Q3 26 BEAT | $0.12 | $0.18 | +56.52% | $151.4M | +3.89% |
| Q2 26 BEAT | $0.05 | $0.15 | +200.00% | $140.4M | +10.53% |
| Q1 26 MISS | $0.08 | $0.05 | -37.50% | $130.9M | +7.37% |
| Q4 25 BEAT FY | $0.04 | $0.10 | +150.00% | $119.2M | +2.16% |
| FY Full Year | — | $0.35 | — | $490.5M | — |
| Q3 25 BEAT | $0.06 | $0.13 | +116.67% | $134.6M | +8.86% |
| Q2 25 MISS | $0.06 | $0.05 | -16.67% | $118.7M | -5.66% |
| Q1 25 BEAT | $0.04 | $0.07 | +75.00% | $118.0M | +1.69% |
| Q4 24 BEAT FY | $0.07 | $0.12 | +71.43% | $112.2M | -4.65% |
| FY Full Year | — | $0.58 | — | $544.5M | — |