Digital Turbine's Q3 revenue rises 12%, EBITDA up 76%

Digital Turbine

03/02/2026 21:20

Overview

Mobile solutions provider's fiscal Q3 revenue grew 12% yr/yr

Fiscal Q3 adjusted EBITDA grew 76% yr/yr

Company raised full-year fiscal 2026 outlook

Outlook

Digital Turbine raises fiscal 2026 revenue outlook to $553 mln-$558 mln

Company expects fiscal 2026 non-GAAP adjusted EBITDA of $114 mln-$117 mln

Digital Turbine cites expanding market opportunities as key growth driver

Result Drivers

STRONG DEMAND - CEO Bill Stone cited strong demand as a key driver of the company's Q3 results

GLOBAL SUPPLY EXPANSION - Expanding global supply contributed to Q3 revenue growth, according to CEO Bill Stone

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$151.40 mln
$145.73 mln (2 Analysts)
Q3 Adjusted EPS
Beat
$0.18
$0.12 (2 Analysts)
Q3 EPS
$0.03
Q3 Adjusted Net Income
Beat
$21.70 mln
$13.01 mln (2 Analysts)
Q3 Adjusted EBITDA
Beat
$38.80 mln
$29.02 mln (2 Analysts)
Q3 Adjusted Free Cash Flow
$6.40 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Digital Turbine Inc is $8.75, about 73.6% above its February 2 closing price of $5.04

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nPn1SctKFa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)