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Digital Turbine (MX:APPS1)
:APPS1
Mexico Market
EarningsQ1 2027 Earnings Report

Digital Turbine (APPS1) Q1 2027 Earnings Report

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MX:APPS1 Q1 2027 EPS Results

Actual EPS$3.26
Consensus EPS$2.40
Beat/MissBeat by +$0.86
One Year Ago EPS$0.86

MX:APPS1 Q1 2027 Revenue Results

Actual Revenue$2.85B
Expected Revenue$2.57B
Beat/MissBeat by +$274.38M
YoY Revenue Growth+26.78%

Earnings Announcement Details

QuarterQ1 2027
Date08/04/2026
TimeAfter Close
Conference CallTuesday, August 4, 2026
MX:APPS1 Upcoming Earnings
Digital Turbine's next earnings date is estimated for November 11, 2026, based on past reporting schedules.

Q1 2027 Earnings Call Audio

MX:APPS1 Q1 2027 Earnings Call
0:00 / 0:00

Q1 2027 Earnings Slide Deck

No slide deck is available for this earnings event.

Q1 2027 Earnings Call Summary

Q1 2027
Earnings Call Date:Aug 04, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presents a broadly positive operational and financial story: double-digit revenue growth, large adjusted EBITDA expansion and margin improvement, substantial AGP momentum, improved cash generation, and strengthened leverage with raised fiscal guidance. Identified risks include an outstanding accounting adjustment affecting GAAP results, a still-substantial absolute debt balance, ongoing device supply-chain headwinds, and potential lumpiness of brand budgets. Overall, the company emphasized multiple growth drivers (AI, data, distribution flywheel, Ignite, alternative apps) and appears to have momentum that outweighs the listed risks.
Company Guidance
Management raised fiscal 2027 guidance to revenue of $650–$670 million (up from $630–$650M) and adjusted EBITDA of $145–$155 million (up from $135–$145M), driven by a strong Q1: revenue $166M (+27% YoY), adjusted EBITDA $42.5M (+69% YoY) with a 25.6% EBITDA margin (gross margin 49.4%), On‑Device Solutions $110M (+15% YoY) and App Growth Platform $56.6M (+56% YoY); balance sheet and cash flow also improved with cash $43.2M, total debt ~$352.9M, net leverage ~2.5x (down from >5x last June quarter), cash from operations $17.9M, non‑GAAP free cash flow $11.3M, non‑GAAP net income $24.1M ($0.19/sh on 125.6M diluted shares), and run‑rate revenue per employee >$1M.
Strong Top-Line Growth
Revenue of $166.0M in the June quarter, up 27% year-over-year, extending fiscal 2026 exit momentum.
Significant Adjusted EBITDA Expansion
Adjusted EBITDA of $42.5M, up 69% year-over-year, with adjusted EBITDA margin expanding ~640 basis points to 25.6%.
Robust App Growth Platform (AGP) Momentum
AGP revenue of $56.6M, up 56% year-over-year; DTX revenue +54% YoY; direct brand revenue growth above 70% YoY; second consecutive quarter of >50% YoY growth for AGP.
On-Device Solutions (ODS) and International Growth
ODS revenue of $110M, up 15% YoY. International ODS showed nearly 80% YoY growth driven by higher device volumes and ~40%+ RPD expansion for some pockets of business; global device integrations grew double digits.
Operational Leverage and Productivity Gains
Revenue per employee increased from about $800k to over $1.0M (annualized), reflecting AI and automation efficiency gains across functions.
Improved Cash Flow and Balance Sheet Metrics
Cash from operations $17.9M (more than double prior-year $8.8M); non-GAAP free cash flow $11.3M (improvement of ~ $10M YoY). Cash and equivalents $43.2M (increase >$5M in the quarter); total debt down >$8M to ~$352.9M and net leverage improved from >5x last June quarter to ~2.5x.
Raised Fiscal 2027 Guidance
Revenue guidance raised to $650M–$670M (from $630M–$650M) and adjusted EBITDA guidance raised to $145M–$155M (from $135M–$145M).
AI, Data and Platform Tailwinds
Company highlights AI-driven yield and targeting (DTIQ, IgniteGraph) as key drivers of higher rates and fill; 3 billion devices and 80,000+ apps provide distribution scale and an AI-driven monetization story.
Favorable Financing Progress
Financing agreement amended for better terms and subsequent reduction of applicable margin on largest loan tranche by 50 basis points after achieving leverage thresholds.

MX:APPS1 Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Nov 11, 2026
2027 (Q2)
3.09 / -
2.572―
2027 (Q1)
2.40 / 3.26
0.857280.00% (+2.40)
2026 (Q4)
1.46 / 2.74
1.71460.00% (+1.03)
2026 (Q3)
2.74 / 3.09
2.22938.46% (+0.86)
2026 (Q2)
0.86 / 2.57
0.857200.00% (+1.71)
2026 (Q1)
1.37 / 0.86
1.2-28.57% (-0.34)
2025 (Q4)
0.69 / 1.71
2.057-16.67% (-0.34)
2025 (Q3)
-0.24 / 2.23
2.572-13.33% (-0.34)
2025 (Q2)
0.96 / 0.86
2.229-61.54% (-1.37)
2025 (Q1)
0.51 / 1.20
3.086-61.11% (-1.89)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed