Digital Turbine

Digital Turbine (APPS) Q3 2025 Earnings

Reported Feb 5, 2025 at 4:08 PM ET · SEC Source

Q3 25 EPS

$0.13

BEAT +116.67%

Est. $0.06

Q3 25 Revenue

$134.6M

BEAT +8.86%

Est. $123.7M

vs S&P Since Q3 25

+211.6%

BEATING MARKET

APPS +235.6% vs S&P +24.0%

Market Reaction

Did APPS Beat Earnings? Q3 2025 Results

Digital Turbine delivered a standout fiscal third quarter, posting non-GAAP adjusted EPS of $0.13 against a consensus estimate of just $0.06, a beat of more than 116%, while revenue of $134.64 million topped the $123.68 million Wall Street expected a… Read more Digital Turbine delivered a standout fiscal third quarter, posting non-GAAP adjusted EPS of $0.13 against a consensus estimate of just $0.06, a beat of more than 116%, while revenue of $134.64 million topped the $123.68 million Wall Street expected and climbed 13.4% year-over-year, driven by strong advertiser and publisher demand for its On-Device product offerings and accelerating agency and brand spending on the App Growth Platform. The results sent shares surging nearly 72% in the session following the report, reflecting the degree to which the quarter exceeded expectations. Non-GAAP adjusted EBITDA came in at $22.00 million, a 44% sequential improvement, as the company's profit-optimization initiatives began showing tangible results in operating performance and free cash flow generation. Management raised its full fiscal year 2025 outlook, now guiding for revenue of $485 million to $490 million and non-GAAP adjusted EBITDA of $69 million to $71 million, with CEO Bill Stone signaling that year-over-year revenue growth is expected to resume in the March quarter alongside more material EBITDA expansion.

Key Takeaways

  • 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
  • Transformational profit-optimization measures driving improved operating performance
  • 13% sequential revenue growth quarter-over-quarter
  • 44% sequential increase in non-GAAP adjusted EBITDA
24/7 Wall St

APPS YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

24/7 Wall St

APPS Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q4 26

“Our financial results exceeded our expectations in the December quarter with improved execution and the enactment of transformational profit-optimization measures driving improved operating performance and free cash flow.”

— Bill Stone, Q3 2025 Earnings Press Release