Digital Turbine Reports Strong Fiscal 2027 First Quarter Financial Results and Raises Full-Year Guidance
Digital Turbine, Inc. (APPS) filed an SEC Form 8-K — Results of Operations and Financial Condition. Digital Turbine Reports Strong Fiscal 2027 First Quarter Financial Results and Raises Full-Year Guidance First Quarter Net Revenue Totaled $166.0 Million, Representing Year-over-Year Growth of 27% First Quarter GAAP Net Loss of $3.2 Million and GAAP EPS of $(0.03); First Quarter
How this was made
The 30-second read
Why it matters
Traders can update APPS’ FY 2027 revenue and non-GAAP adjusted EBITDA model immediately using the disclosed ranges, and reassess near-term expectations ahead of the scheduled earnings call.
Market read
Q1 growth plus explicit FY 2027 revenue and EBITDA ranges are the core tradable catalysts, with AI-enabled optimization highlighted as a driver of platform yields and partner demand.
What to watch
The outlook excludes GAAP net income due to stock-based compensation sensitivity to the share price, which can complicate true earnings trajectory assessment.
Digital Turbine Reports Strong Fiscal 2027 First Quarter Financial Results and Raises Full-Year Guidance
Revenue grew 27% year-over-year, App Growth Platform revenue grew 56%, non-GAAP adjusted EBITDA grew 69%, and the Company raised full-year guidance.
Key metrics
shortened, hover for the filing’s print| Metric | Value | q/q | y/y |
|---|---|---|---|
| Total revenueother | $166M | – | 27% |
| GAAP net lossGAAP | $3.2M | – | – |
| GAAP EPSGAAP | $(0.03) per share | – | – |
| Non-GAAP adjusted net incomenon-GAAP | $24.1M | – | – |
| Non-GAAP adjusted EPSnon-GAAP | $0.19 per share | – | – |
| Non-GAAP adjusted EBITDAnon-GAAP | $42.5M | – | 69% |
| Non-GAAP free cash flownon-GAAP | $11.3M | – | – |
Segments
| Segment | Revenue | q/q | y/y |
|---|---|---|---|
| Total On Device Solutions net revenue before intercompany eliminationsNo specific segment driver was provided. | $110M | – | 15% |
| Total App Growth Platform net revenue before intercompany eliminationsPowered by the brand business on the demand side and DT Exchange on the supply side, according to the CEO. | $56.6M | – | 56% |
fiscal year 2027 outlook
- Revenuebetween $650 million and $670 million
- NoteNon-GAAP adjusted EBITDA of between $145 million and $155 million
What drove it
- Total revenue increased 27% year-over-year to $166.0 million.
- Total On Device Solutions net revenue before intercompany eliminations grew 15% year-over-year.
- Total App Growth Platform net revenue before intercompany eliminations grew 56% year-over-year.
- Management cited the brand business on the demand side, DT Exchange on the supply side, and AI partnerships and tools that optimize data sources for platform partners and advertisers.
Concerns
- The Company reported a GAAP net loss of $3.2 million, or $(0.03) per share.
- The Company stated that it is not reasonably practicable to provide a GAAP net income outlook because it cannot reasonably estimate changes in stock-based compensation expense and other items that are difficult to predict with precision.
- No GAAP operating income, gross margin, operating cash flow, cash balance, or debt balance was included in the provided filing text.
What to watch
- Execution against fiscal year 2027 revenue guidance of between $650 million and $670 million.
- Execution against fiscal year 2027 non-GAAP adjusted EBITDA guidance of between $145 million and $155 million.
- Whether App Growth Platform momentum, including the brand business and DT Exchange, continues after 56% year-over-year growth.
- Progress toward GAAP profitability following a GAAP net loss of $3.2 million.
Balance sheet and cash flow
- Non-GAAP free cash flow totaled $11.3 million in the fiscal first quarter of 2027.
Analysis
Digital Turbine opened fiscal 2027 with total revenue of $166.0 million, up 27% year-over-year from $130.9 million. Growth was led by Total App Growth Platform net revenue before intercompany eliminations of $56.6 million, up 56% year-over-year, while Total On Device Solutions net revenue before intercompany eliminations was $110.0 million, up 15% year-over-year. Management attributed the App Growth Platform performance to its brand business on the demand side and DT Exchange on the supply side.
Profitability improved materially on the measures disclosed. GAAP net loss narrowed to $3.2 million, or $(0.03) per share, from $14.1 million, or ($0.13) per share. Non-GAAP adjusted net income was $24.1 million, or $0.19 per share, compared with $7.0 million, or $0.06 per share. Non-GAAP adjusted EBITDA reached $42.5 million, a 69% year-over-year increase from $25.1 million.
Cash generation was positive on the Company’s non-GAAP definition, with non-GAAP free cash flow totaling $11.3 million. The provided text did not include GAAP net cash provided by operating activities, capital expenditures, cash, debt, share repurchases, dividends, or balance-sheet detail. Investors therefore have limited disclosed information in this release excerpt on liquidity, leverage, and capital allocation.
The Company raised full-year guidance and now expects fiscal year 2027 revenue of between $650 million and $670 million and non-GAAP adjusted EBITDA of between $145 million and $155 million. It did not provide GAAP net income guidance, citing uncertainty around stock-based compensation expense and other items that are difficult to predict with precision. No prior outlook was provided, so the magnitude of the guidance increase cannot be assessed from the documents.
The period’s central development is the divergence between faster App Growth Platform growth and slower, though still positive, On Device Solutions growth, alongside substantially improved adjusted earnings. Management identified AI partnerships and tools as a tailwind supporting better results for platform partners and advertisers and helping attract new partners and advertisers. The key reported risk remains the continuing GAAP net loss and the absence of a GAAP profitability outlook.
Management, verbatim
Our strong first quarter results reflect an encouraging start to the new fiscal year and position the Company for sustained success moving forward.
Bill Stone, CEO
In particular, I was pleased with the performance of our App Growth Platform segment, which delivered 56% year-over-year growth, powered by our brand business on the demand side and our DT Exchange on the supply side.
Bill Stone, CEO
One key tailwind helping to drive this improved performance is our ability to successfully leverage AI partnerships and tools to optimize the value of our vast data sources as a means of driving better results for platform partners and advertisers, while simultaneously delivering a more relevant, enriched end-user experience.
Bill Stone, CEO
Not in the filing
stated, not guessed- Prior-quarter total revenue and quarter-over-quarter revenue change.
- Prior-quarter GAAP net loss and GAAP EPS.
- Prior-quarter non-GAAP adjusted net income, non-GAAP adjusted EPS, non-GAAP adjusted EBITDA, and non-GAAP free cash flow.
- Year-over-year change for GAAP net loss, GAAP EPS, non-GAAP adjusted net income, non-GAAP adjusted EPS, and non-GAAP free cash flow.
- Segment prior-year revenue amounts, prior-quarter segment revenue amounts, and quarter-over-quarter segment growth.
- GAAP gross profit, GAAP gross margin, non-GAAP gross profit, and non-GAAP gross margin.
- GAAP operating income or loss and non-GAAP operating income or loss.
- GAAP net cash provided by operating activities and capital expenditures.
- Cash balance, debt balance, and other balance-sheet metrics.
- Share repurchases, dividends, and other capital-return disclosures.
- Fiscal year 2027 gross-margin, operating-expense, and tax-rate guidance.
- GAAP net income guidance.
- Prior guidance figures needed to compare reported results with prior guidance.】【。json սխ? Need ensure final JSON valid. I accidentally maybe includes closing? Let's inspect. At very end missing array closes, numbers? I did add
AlphAI analysis generated from the company’s SEC earnings filing (Form 8-K Item 2.02, or Form 6-K for a foreign private issuer). Every figure was cross-checked against the filing text; consensus estimates, price targets and share-price reactions are not shown because they are not in the filing. AI-generated research, not investment advice.
Background
This is an SEC Form 8-K (Item 2.02) with an attached exhibit covering Digital Turbine’s fiscal 2027 first-quarter results and FY 2027 business outlook.
Ticker impact
Digital Turbine reported fiscal 2027 Q1 revenue of $166.0M (+27% YoY) and raised full-year revenue to $650M-$670M with EBITDA $145M-$155M.
Likely positive near-term bias as traders reprice FY 2027 revenue and EBITDA expectations versus prior baselines.
The filing discloses new, time-sensitive numbers: Q1 results plus explicit FY 2027 revenue and non-GAAP adjusted EBITDA ranges, which typically drive earnings-model updates and revisions.
Market effects
Reinforces demand for mobile advertising and on-device monetization platforms, with AI-enabled optimization cited as a growth driver.
Primarily US small/mid-cap tech and ad-tech sentiment; limited direct regional spillover indicated.
Global ad-tech and telco partner ecosystems may view AI optimization as a competitive lever, but no cross-border deal specifics were disclosed.
Counterpoint
Non-GAAP metrics improved sharply, but GAAP remains loss-making, so investors may discount the quality or durability of earnings power.
Key entities
- public_companyDigital Turbine, Inc.
Nasdaq-listed mobile consumer experience and advertising monetization platform reporting fiscal 2027 Q1 results and FY 2027 guidance.
- executiveBill Stone
CEO quoted on AI partnerships/tools and segment performance driving growth.
