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How Digital Turbine (APPS) makes money

Digital Turbine (APPS) made $166M of revenue in the first quarter fiscal 2027 (Q1 FY27), +27% from a year earlier.

Drawing the Sankey…

Digital Turbine revenue by quarterDigital Turbine revenue by quarter$135MQ3 FY25$119MQ4 FY25$131MQ1 FY26$140MQ2 FY26$151MQ3 FY26$143MQ4 FY26$166MQ1 FY27
Digital Turbine: where each dollar of revenue goesDigital Turbine: where each dollar of revenue goesIncome tax1¢Operating cash flow11¢Free cash flow7¢

Where each dollar of revenue goes

LineQ1 FY27% of revenue
Revenue$166M100.0%
Income tax$2.3M1.4%
Operating cash flow$17.9M10.8%
Free cash flow$11.2M6.7%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q1 FY27$166M+27%
Q4 FY26$143M+20%
Q3 FY26$151M+12%
Q2 FY26$140M+18%
Q1 FY26$131M+11%
Q4 FY25$119M+6%
Q3 FY25$135M-6%

From Digital Turbine's 10-Q filed Aug 5, 2026 (on EDGAR).

Questions

How does Digital Turbine make money?

Digital Turbine (APPS) made $166M of revenue in the first quarter fiscal 2027 (Q1 FY27), +27% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.