Quarterly ResultAug 5, 2026, 04:49 PM
Digital Turbine Q1 Net Loss $(11.3M); Revenue $166.0M
AI Summary
Digital Turbine, Inc. reported its first-quarter 2026 financial results, showing a significant increase in net revenue to $166.0 million from $130.9 million year-over-year. The company also narrowed its net loss to $(11.3) million and achieved positive income from operations of $23.1 million, a substantial improvement from a loss in the prior year. Key operational highlights include increased cash flow from operating activities and growth across both its On Device Solutions (ODS) and App Growth Platform (AGP) segments. However, the company recorded a non-cash fair value adjustment of $9.3 million on equity securities and amended its financing agreement.
Key Highlights
- Net revenue increased to $166.0 million for Q1 2026 from $130.9 million in Q1 2025.
- Net loss narrowed to $(11.3) million for Q1 2026 from $(14.1) million in Q1 2025.
- Diluted EPS improved to $(0.09) for Q1 2026 from $(0.13) in Q1 2025.
- Income from operations was $23.1 million in Q1 2026, compared to a loss of $(4.7) million in Q1 2025.
- Net cash provided by operating activities rose to $17.9 million in Q1 2026 from $8.8 million in Q1 2025.
- ODS segment net revenue grew to $110.0 million, while AGP segment net revenue increased to $56.6 million.
- Recorded a $9.3 million non-cash fair value adjustment on non-marketable equity securities.
- Amended Financing Agreement, reducing liquidity covenant to $15.0 million for April 1, 2026 to December 31, 2026.
Price Impact
More from APPS