Digital Turbine stock surges 114% on fiscal 2026 revenue growth
Digital Turbine, Inc. shares surged 114% in Q2 2026 after the company returned to growth with fiscal 2026 revenue of $565.3 million, up 15% year-on-year. Q4 revenue jumped 19.6% to $142.5 million, with adjusted EBITDA rising 53% to $31.4 million. The firm projects fiscal 2027 revenue of $630 million to $650 million and adjusted EBITDA of $135 million to $145 million.
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Digital Turbine, Inc. shares surged more than 114% in the second quarter of 2026, reaching their highest level in roughly three years. The rally follows the company's return to revenue growth in fiscal 2026, marking a reversal from the 18% decline in fiscal 2024 and the 10% drop in fiscal 2025. Bank of America upgraded the stock to a Buy rating on May 27, citing tangible evidence of a turnaround.
Fiscal 2026 Performance
Digital Turbine reported full-year revenue of $565.3 million, a 15% increase year-on-year. Fourth quarter revenue rose 19.6% to $142.5 million. Adjusted EBITDA for the quarter surged 53% to $31.4 million, while non-GAAP gross margin expanded 200 basis points to 50%. The company recorded operating income of $10.5 million, compared with a loss of $11.7 million in the same period last year. Full-year net losses narrowed from $64.9 million to $37.7 million.
| Metric | Fiscal 2026 | Change |
|---|---|---|
| Full-year Revenue | $565.3 million | +15% YoY |
| Q4 Revenue | $142.5 million | +19.6% YoY |
| Q4 Adjusted EBITDA | $31.4 million | +53% YoY |
| Q4 Operating Income | $10.5 million | vs $11.7 million loss |
| Full-year Net Loss | $37.7 million | vs $64.9 million loss |
Outlook and Expansion
For fiscal 2027, management expects revenue of $630 million to $650 million and adjusted EBITDA of $135 million to $145 million. On June 2, Digital Turbine unveiled Launchpad, a unified app distribution platform operating across over 82,000 apps and more than one billion devices. The company is also expanding internationally, with Orange set to roll out its alternative distribution platform across Europe in the second half of 2026. Partnerships with Google Cloud and Databricks aim to enhance AI-driven recommendation engines.
How will the international expansion with Orange impact revenue growth in the second half of 2026?
What competitive advantages does the new Launchpad platform offer over existing app distribution solutions?
Can the partnerships with Google Cloud and Databricks significantly enhance AI-driven recommendations and user engagement?
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