"Digital Turbine reported Q2 FY26 revenue of $140.4M, beating consensus estimates of $130.2M by 7.9%. The real surprise came on the bottom line. Adjusted EPS landed at $0.15, more than triple the $0.05 consensus estimate. This reversal matters because the company missed Q1 by 28.6%, signaling that operational momentum has genuinely returned. CEO Bill Stone struck an upbeat tone in the filing, stating that "the combination of strong demand for our platform and strong operational execution enabled us to deliver top- and bottom-line results that exceeded expectations.""
"Management also raised full-year FY26 guidance to $540M to $550M in revenue and $100M to $105M in adjusted EBITDA. This is the second guidance raise this fiscal year, a signal that visibility into demand has improved. The adjusted EBITDA number is where I'd focus. At $27.2M for the quarter, it's up 78% year over year. This isn't accounting noise. The company swung from a $4.7M operating loss in Q1 to a $6.5M operating profit in Q2. That's a $11.2M positive swing in one quarter. Gross profit came in at $66.0M, maintaining a healthy margin profile. On Device Solutions, the larger segment, generated $96.5M in revenue. App Growth Platform contributed $44.7M. Both segments showed the operational discipline that management highlighted in their commentary."
Digital Turbine reported Q2 FY26 revenue of $140.4M, beating consensus by 7.9%, and adjusted EPS of $0.15, more than triple consensus. Management raised FY26 revenue guidance to $540M–$550M and adjusted EBITDA to $100M–$105M, marking a second guidance increase this fiscal year. Adjusted EBITDA was $27.2M, up 78% year over year, and the company swung from a $4.7M operating loss in Q1 to a $6.5M operating profit in Q2. Gross profit was $66.0M. Device Solutions generated $96.5M and App Growth Platform $44.7M. Total debt is $409.7M versus $39.3M cash and $148.1M shareholders' equity.
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