Digital Turbine, Inc. $APPS reported first-quarter 2027 revenue of $166.0 million, up 26.8% from a year earlier and ahead of analyst expectations of $153.0 million. Gross profit rose 32.3% to $82.0 million, showing solid top-line momentum and improved profitability at the gross margin level.
Operating income came in at $23.1 million, while net loss attributable to common shareholders narrowed to $3.2 million, or $(0.03) per diluted share. Cash from operating activities more than doubled to $17.9 million, and cash and equivalents climbed to $43.2 million, suggesting stronger cash generation during the quarter.
On the expense side, cost of sales increased to $84.0 million, but total liabilities edged down to $652.9 million. The shares responded positively to the release, rising 15.67% after the market close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Digital Turbine, Inc. Insider Trading Activity
Digital Turbine, Inc. insiders have traded $APPS stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $APPS stock by insiders over the last 6 months:
- JOSHUA KINSELL (Chief Accounting Officer) sold 578 shares for an estimated $2,346
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Digital Turbine, Inc. Hedge Fund Activity
We have seen 83 institutional investors add shares of Digital Turbine, Inc. stock to their portfolio, and 104 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AIGH CAPITAL MANAGEMENT LLC added 4,895,772 shares (+inf%) to their portfolio in Q1 2026, for an estimated $14,099,823
- GOLDMAN SACHS GROUP INC added 2,118,379 shares (+319.1%) to their portfolio in Q1 2026, for an estimated $6,100,931
- MORGAN STANLEY removed 1,201,696 shares (-84.2%) from their portfolio in Q1 2026, for an estimated $3,460,884
- DIMENSIONAL FUND ADVISORS LP added 846,116 shares (+56.1%) to their portfolio in Q1 2026, for an estimated $2,436,814
- BARCLAYS PLC removed 785,788 shares (-91.4%) from their portfolio in Q1 2026, for an estimated $2,263,069
- JANE STREET GROUP, LLC added 679,330 shares (+70.8%) to their portfolio in Q1 2026, for an estimated $1,956,470
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 669,108 shares (-31.4%) from their portfolio in Q1 2026, for an estimated $1,927,031
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.