NEW YORK, May 27, 2026, 10:02 EDT
- Digital Turbine shares last traded at $6.97, up $2.16, or roughly 44.9%. Volume topped 17 million shares in early trading.
- Fiscal fourth-quarter revenue at the company came in at $142.5 million, a 20% increase. The company is projecting fiscal 2027 revenue of $630 million to $650 million.
- The risk: Digital Turbine is still posting losses on a GAAP basis and the company relies on just a few carriers, customers, and ad demand.
Digital Turbine Inc. shares jumped at the open in New York on Wednesday. The mobile ad software firm reported better fourth-quarter revenue and set out a fiscal 2027 forecast showing another year of growth.
Shares last changed hands at $6.97, up $2.16 from the previous close, pushing the company’s market cap to around $840 million. That’s a big swing for a small-cap software stock, with volume running high.
Digital Turbine dropped its results after the close Tuesday, just as U.S. equity markets reopened from the Memorial Day break. U.S. markets were shut Monday, and trading resumed for a short week. Nasdaq’s 2026 calendar also shows May 25 closed for Memorial Day.
Digital Turbine reported fiscal fourth-quarter net revenue rose 20% year-over-year to $142.5 million. Revenue from its App Growth Platform jumped 57%. On Device Solutions revenue was up 5%.
Chief Executive Bill Stone said fiscal 2026 was “a successful year” and that Digital Turbine is guiding “above current estimates” for fiscal 2027. The company expects revenue next year between $630 million and $650 million, and non-GAAP adjusted EBITDA of $135 million to $145 million. Adjusted EBITDA, which companies use to measure operating results, excludes items like interest, taxes, depreciation, and amortization. Securities and Exchange Commission
Digital Turbine reported a GAAP net loss of $7.3 million, or 6 cents a share, for the fourth quarter. GAAP refers to standard U.S. accounting rules. On a non-GAAP basis, adjusted net income came in at $19.7 million, or 16 cents a share, after certain expenses were removed.
Digital Turbine pointed to better use of its own first-party data for the gains, saying this includes data from its platform and direct ties with users. The company announced last week that it expanded its Google Cloud deal to bring AI-backed tools for optimization and recommendations to its mobile platform. “We’re embedding AI directly into the intelligence layer,” said Ben John, chief technology officer. Digital Turbine, Inc.
AI is more than an investor pitch for the company. Scale is the big issue—it sits between carriers, device makers, app publishers, and advertisers, and needs to process signals fast to help with ad targeting and app placement. “The ability to process real-time signals at scale is critical,” Google Cloud executive Jim Anderson said. Digital Turbine, Inc.
Digital Turbine’s rally outpaced other mobile-ad and app software stocks. Its latest annual filing lists AppLovin, Unity Software and Magnite as competitors or sometimes partners in its mobile app ecosystem. In early trading Wednesday, AppLovin added around 5.1%, Unity was up 1.7%, and Magnite rose 2.9%, all trailing Digital Turbine.
The surge means there’s less cushion if things go wrong. Digital Turbine flagged in its latest annual filing that much of its revenue depends on just a handful of wireless carriers and customers. The company also said advertisers and publishers can pull back or stop spending quickly. If ad spend drops, so will revenue, the filing said.
Debt could be a problem, too. The company reported $353.9 million in long-term debt as of March 31, warning that heavy debt may limit its financial flexibility. The new fiscal 2027 target could be tough to maintain if ad budgets slide, carrier terms change, or AI spending doesn’t improve results soon enough. Securities and Exchange Commission
