Q3 26 EPS
$0.18
BEAT +56.52%
Est. $0.12
Q3 26 Revenue
$151.4M
BEAT +3.89%
Est. $145.7M
vs S&P Since Q3 26
+106.3%
BEATING MARKET
APPS +116.2% vs S&P +9.9%
Market Reaction
Did APPS Beat Earnings? Q3 2026 Results
Digital Turbine delivered a standout fiscal third quarter, posting adjusted EPS of $0.18 against a consensus estimate of $0.12, a beat of 56.52%, while revenue of $151.40 million grew 12.4% year-over-year and topped the $145.72 million estimate by 3.… Read more Digital Turbine delivered a standout fiscal third quarter, posting adjusted EPS of $0.18 against a consensus estimate of $0.12, a beat of 56.52%, while revenue of $151.40 million grew 12.4% year-over-year and topped the $145.72 million estimate by 3.89%. The headline story was a sharp operational turnaround: total costs and operating expenses fell to $129.75 million from $147.39 million a year ago, driving operating income to $21.65 million compared to an operating loss of $12.75 million in the prior-year period, and pushing the company to GAAP net income of $5.11 million versus a net loss of $23.13 million twelve months earlier. Non-GAAP adjusted EBITDA rose 76% to $38.75 million, with non-GAAP gross margin expanding to 49% from 44%. Both segments contributed, with On Device Solutions generating $99.56 million and App Growth Platform adding $52.62 million, up 19% year-over-year. Despite the strong print, shares faced pressure amid investor concerns around dilution following an at-the-market equity offering. Looking ahead, Digital Turbine raised its full-year fiscal 2026 revenue outlook to $553 million to $558 million, with adjusted EBITDA guided to $114 million to $117 million.
Key Takeaways
- • Strong demand from mobile app publishers and advertisers
- • Expanding global supply
- • Significant operating expense reductions from prior transformation activities
- • Non-GAAP gross profit margin expansion to 49% from 44% year-over-year
- • App Growth Platform revenue growth of 19% year-over-year
APPS YoY Financials
Q3 2026 vs Q3 2025, source: SEC Filings
APPS Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our December quarter results reflected a continuance of our positive business momentum. I was particularly pleased with the breadth and diversity of our results, which were driven by strong demand, expanding global supply, and great execution by our team. Collectively, it enabled us to once again deliver upside results and raise our full-year fiscal 2026 outlook. The market opportunity in front of us is expanding quickly, as mobile app publishers and advertisers look to capitalize on newly available ways to promote app usage and profitability. Provided that we continue to execute and align our resources effectively to facilitate the evolving demand trends, we are well positioned to capitalize on the wealth of opportunities that lie ahead.”
— Bill Stone, Q3 2026 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 | — |