Highest-materiality recent filing
Digital Turbine Q4 rev $142.5M (+20% YoY); guides FY27 rev $630-650M
Q4 GAAP net loss $7.3M ($0.06/shr); non-GAAP adj net income $19.7M ($0.16/shr).
Digital Turbine lowers liquidity covenant to $15M through Dec 2026, pays $5M amendment fee
Financing Agreement liquidity requirement reduced to $15M from prior level for April 1–Dec 31, 2026.
Digital Turbine Q3 revenue $151.4M (+12% YoY), Adj EBITDA $38.8M (+76%), raises FY guidance
Revenue $151.4M, +12% YoY; On-Device Solutions $99.6M, App Growth Platform $52.6M.
Director Mollie Spilman resigns from Digital Turbine board, effective Nov 10, 2025
Mollie Spilman resigned from the Board effective November 10, 2025.
Digital Turbine Q2 revenue $140.4M (+18% YoY); raises FY2026 outlook
GAAP net loss $21.4M ($(0.20)/share) vs. loss $25.0M ($(0.24)) YoY; Non-GAAP adj. net income $16.5M ($0.15/share).
Digital Turbine registers 1.22M shares for resale by selling stockholders
Selling stockholders filed prospectus supplement on Oct 22, 2025, for 1,222,418 shares of common stock.
All 8 director nominees elected: Chestnutt, Deutschman, Groos, Gyani, Karish, Spilman, Sterling, Stone.
Digital Turbine secures $430M term loan facility, raises FY26 guidance
New $430M four-year term loan facility fully repays prior credit facility maturing Aug 2026.
Digital Turbine Q1 FY2026: Revenue $130.9M (+11% YoY), EBITDA $25.1M (+73%); raises FY guidance
Revenue $130.9M, +11% YoY; GAAP net loss narrowed to $14.1M from $25.2M.
Digital Turbine enters $150M at-the-market equity offering with RBC and Craig-Hallum
Up to $150M of common stock may be sold at market through RBC Capital Markets and Craig-Hallum.
Q4 revenue $119.2M (+6% YoY); GAAP net loss $18.8M (-$0.18/sh); adj. net income $10.8M ($0.10/sh).
Digital Turbine grants PSUs covering ~780K shares and ~1.05M options to CEO, CFO, CBO, CTO
CEO William Stone: 344,037 PSUs (50% revenue/50% adj. EBITDA targets) and 462,963 stock options.
Digital Turbine Q3 revenue $134.6M, raises FY2025 guidance; CFO Garrison departs, Lasher appointed
Revenue $134.6M, up 13% QoQ, down 6% YoY; GAAP net loss $23.1M, EPS ($0.22).
Digital Turbine Q2 FY2025 revenue $118.7M (-17% YoY), GAAP EPS -$0.24; guidance cut
Revenue $118.7M, down 17% YoY; GAAP net loss $25.0M vs $161.5M loss (incl. $147.2M goodwill impairment) in prior year.
Digital Turbine shareholders approve 8.56M share increase to 2020 equity plan
Authorized shares for equity plan raised from 12M to 20.56M, approved at Aug 27 annual meeting.
Digital Turbine Q1 revenue $118M, GAAP loss $0.25/shr; adj EPS $0.07; reaffirms FY25 guide
Revenue $118.0M (-19% YoY, +5% QoQ); On Device Solutions $80.7M, App Growth Platform $38.4M.
Digital Turbine grants PSUs to CEO, CFO, CTO; CEO eligible for $2.4M cash bonus
CEO William Stone granted 500,000 PSUs; CFO Garrison and CTO Kanagaratnam each 250,000 PSUs.
Q4 GAAP EPS ($2.32); adjusted EPS $0.12 versus $0.14 YoY; adjusted EBITDA $12.3M (down from $23.1M).
Digital Turbine appoints Joshua Kinsell as Chief Accounting Officer
Appointed Joshua Kinsell as Chief Accounting Officer effective April 8, 2024.
Digital Turbine Q3 FY2024 revenue falls 12% YoY to $142.6M; GAAP net loss of $14.1M
Revenue $142.6M, down 12% YoY; On Device Solutions $94.3M, App Growth Platform $49.2M.
Digital Turbine settles derivative lawsuit over CEO equity awards, pays $180K in fees
Plaintiff alleged CEO equity awards granted May 2023 exceeded annual limits under 2020 Equity Incentive Plan.
Invested additional €8.5M in Aptoide Class A1 Preferred Shares, increasing holdings from 10.6% to 18.6% of fully diluted equity.
Digital Turbine Q2 revenue down 18% YoY; GAAP net loss $161.5M including $147.2M goodwill impairment
Revenue $143.3M vs $174.9M YoY; On-Device Solutions $99.1M, App Growth Platform $46.2M.
Digital Turbine board voids excess CEO equity awards over plan limit, caps at 236,909 shares
Board voided portion of CEO William Stone's equity grants exceeding 500,000 annual share limit under 2020 Plan.
Quorum of 74.7% present; all eight director nominees elected with majorities (e.g., Chestnutt 54.7M for, 1.1M withheld).
Digital Turbine reports Q1 FY2024 revenue $146.4M, GAAP EPS ($0.08), adj EBITDA $27.0M
Revenue $146.4M (-22% YoY, +4% seq); GAAP net loss $8.4M ($0.08 EPS) vs prior-year income $15.0M ($0.15).
Digital Turbine furnishes updated investor presentation; no material changes disclosed
Filed updated investor presentation as Exhibit 99.1 on June 9, 2023.
Digital Turbine Q4 revenue $140.1M (-24% YoY); GAAP loss $0.14; guides Q1 rev flat
Q4 revenue $140.1M, down 24% YoY; GAAP net loss $13.9M (-$0.14) vs profit $20.1M ($0.19) a year ago.
Digital Turbine Q3 revenue falls 25% YoY to $162.3M; adj EBITDA $40M vs $57M prior year
Revenue of $162.3M, down 25% year-over-year.
Revenue $174.9M (-7% YoY); On-Device Solutions $108.5M, App Growth Platform $68.3M (before eliminations).
Digital Turbine stockholders elect eight directors, approve say-on-pay at 2022 annual meeting
All eight director nominees elected: Chestnutt (51.0M for), Deutschman (49.4M), Groos (50.8M), Gyani (54.2M), Karish (53.3M), Spilman (55.1M), Sterling (54.8M), Stone (55.1M).
Digital Turbine fiscal Q1 revenue $188.6M (+19% YoY); non-GAAP EPS $0.38; guides Q2 $170-180M
Revenue $188.6M, up 19% YoY as-reported and 5% pro forma.
Digital Turbine appoints Matthew Gillis as President, effective July 15, 2022
Appointed Matthew Gillis as President effective July 15, 2022; he joined as President of On Device Solutions in January 2022.
CEO Stone granted 70,330 target PSUs; CFO Garrison granted 26,257 target PSUs; vesting based 50% on 3-yr revenue, 50% on 3-yr adjusted EBITDA.
Digital Turbine FY2022 revenue $747.6M (+138% YoY), non-GAAP EPS $1.66; restates prior quarters
FY2022 revenue $747.6M (as-reported +138% YoY); GAAP net income $35.6M ($0.35 EPS); non-GAAP adj. net income $170.6M ($1.66 EPS, +124% YoY).
Digital Turbine issues 1.18M earn-out shares to Tennor for Fyber acquisition
Issued 1,181,862 shares of common stock to Tennor Holding B.V. as earn-out payment.
Digital Turbine Restates Quarterly Results Due to Revenue Recognition Change for Acquired Businesses
Revenue for three months ended June 30, 2021 restated from $212.6M to $158.1M (net recognition).
Digital Turbine Q3 revenue $375.5M (+324% YoY); non-GAAP EPS $0.49 beat
Revenue $375.5M, up 324% as-reported and 38% pro forma YoY; On-Device Media $133.6M (+43% YoY).
Digital Turbine appoints Mollie Spilman to its Board of Directors
Mollie Spilman appointed as independent director effective February 1, 2022.
Digital Turbine expands revolving credit line by $125M to $525M for acquisitions and working capital
Entered First Amendment to Credit Agreement on Dec 29, 2021, increasing revolver from $400M to $525M.
Digital Turbine holds Virtual Analyst Day; presentation slides furnished as exhibit
Company presented strategic update at Virtual Analyst Day on Nov 11, 2021.
Digital Turbine Q2 FY2022 revenue $310.2M (+338% YoY); non-GAAP EPS $0.44 vs $0.15
GAAP net loss $5.9M ($0.06); includes $22.1M fair value adjustment to acquisition earn-outs.
Digital Turbine finalizes Fyber acquisition consideration with additional 18,000 shares
Second amendment to Fyber SPA settles remaining share consideration at 18,000 shares, bringing total to 5,775,299 shares.
All seven director nominees elected with majority support; broker non-votes of 22.2M shares.
Digital Turbine fixes AdColony earn-out at $204.5M, due Jan 15, 2022
Earn-out payment amount fixed at $204.5M in cash, payable on or before January 15, 2022.
Digital Turbine appoints Michael B. Miller as Chief Accounting Officer
Michael B. Miller appointed CAO effective Aug 23, 2021, replacing David Wesch as principal accounting officer; Wesch continues with the company.
Digital Turbine files amended 8-K with Fyber audited financials, pro forma data
Amendment provides historical audited financial statements of Fyber and unaudited pro forma financials for AdColony and Fyber acquisitions.
GAAP net income $14.3M ($0.14/diluted share); non-GAAP adjusted net income $33.4M ($0.34/share), up from $12.5M ($0.13) in prior Q1.
Digital Turbine files audited 2020 financials for acquired AdColony; revenue $211M, net loss $7M
AdColony 2020 revenue $211.0M (up from $183.9M in 2019); operating loss improved to ($6.8M) from ($21.8M).
Effective as of February 5, 2025, Stephen Lasher was appointed Chief Financial Officer of the Company.
Effective as of February 5, 2025, Barrett Garrison, Executive Vice President and Chief Financial Officer of the Company, and the Company agreed to a mutual separation of employment.
On April 8, 2024, Digital Turbine, Inc. (the "Company") appointed Joshua Kinsell as Chief Accounting Officer of the Company.
On July 15, 2022, due to the significant growth and expansion of Digital Turbine, Inc. (the “Corporation”), the Corporation appointed Matthew Gillis as President of the Corporation.
On February 1, 2022, the Board of Directors (the “Board”) of Digital Turbine, Inc. (the “Company”) appointed Mollie V. Spilman as a member of the Board.
On August 23, 2021, due to the significant growth and expansion of Digital Turbine, Inc. (the "Company"), the Company appointed Michael B. Miller as Chief Accounting Officer of the Company.
Mr. Miller replaced David Wesch as the principal accounting officer of the Company, and Mr. Wesch will continue to work with the Company.
Max materiality 0.90 · Median 0.65 · Most common event earnings