Welcome to our dedicated page for Digital Turbine SEC filings (Ticker: APPS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Digital Turbine, Inc. filings document formal disclosures for a mobile growth platform company, including earnings-related Form 8-K reports, material agreements and capital-structure actions. Recent records cover financing agreements and amendments, warrant amendments, common stock registration and resale-related prospectus materials, at-the-market equity offering arrangements, and board changes.
These disclosures describe common stock, secured debt facilities, liquidity covenants, registration rights, governance events, and results of operations and financial condition.
Digital Turbine, Inc. Chief Business Officer Michael Akkerman reported a routine tax-related share disposition on common stock. A total of 19,313 units were disposed of at an indicative value of $8.67 per share to cover taxes due upon vesting.
The filing notes that no new shares of common stock were issued in this transaction and that Akkerman continues to directly hold 261,232 shares of common stock after the tax-withholding event.
Digital Turbine, Inc. Chief Executive Officer William Gordon Stone III reported a routine tax-withholding transaction involving 2,141 shares of common stock. On May 28, 2026, these shares were disposed of at $6.68 per share to satisfy taxes due upon vesting of units.
A footnote explains that no new common shares were issued and that units were disposed in lieu of taxes owed, meaning this was not an open-market sale. Following the transaction, Stone directly holds 1,745,398 shares of Digital Turbine common stock.
Digital Turbine, Inc. outlines its business and risks in its annual report for the year ended March 31, 2026. The company operates a mobile growth platform through two segments: On Device Solutions, which distributes apps and content via wireless carriers and OEMs, and the App Growth Platform, which provides advertising and monetization tools for app developers, brands, and agencies.
Digital Turbine highlights intense competition from large platforms such as Google, Facebook, Amazon and AppLovin, rapid technology shifts including AI and machine learning, and heavy dependence on a limited number of carrier and OEM partners. It notes a history of net losses, significant indebtedness, and a recent transformation program that included workforce reductions aimed at lowering operating expenses but that may create execution and cultural risks.
The company operates globally, citing regulatory, geopolitical, macroeconomic, cybersecurity, privacy, and AI-related uncertainties that could affect results. It reports $40,476, $39,464, and $54,157 in product development costs for fiscal 2026, 2025, and 2024, respectively, and a workforce of 620 employees worldwide, emphasizing culture, compensation, and inclusion as key to attracting and retaining talent.
Digital Turbine reported strong fiscal 2026 growth but remained loss-making on a GAAP basis. Fourth-quarter net revenue was $142.5 million, up 20% year over year, with non-GAAP adjusted EBITDA of $31.4 million, up 53%. Q4 GAAP net loss narrowed to $7.3 million, or ($0.06) per share, while non-GAAP adjusted net income rose to $19.7 million, or $0.16 per share.
For fiscal 2026, revenue reached $565.3 million, up 15%, and non-GAAP adjusted EBITDA grew 69% to $122.5 million. The GAAP net loss improved to $37.7 million from $92.1 million. Management guided fiscal 2027 revenue to $630–$650 million and non-GAAP adjusted EBITDA to $135–$145 million, signaling expectations for continued double-digit growth and margin expansion.
Digital Turbine, Inc. Chief Accounting Officer Joshua Kinsell reported a routine tax-related share disposition. On the reported date, 556 shares of common stock were disposed of at a price of $4.46 per share to cover taxes due upon vesting of units, and no new shares were issued in connection with this transaction. After this tax-withholding disposition, Kinsell directly held 270,939 shares of Digital Turbine common stock.
Digital Turbine, Inc. Chief Financial Officer Stephen Andrew Lasher reported an automatic tax-related share disposition on Common Stock. The Form 4 shows 15,096 shares at $3.98 per share were disposed of as a tax-withholding transaction, not an open-market sale.
According to the footnote, no new common shares were issued; units were cancelled upon vesting to satisfy taxes owed. After this event, Lasher directly holds 423,531 shares of Digital Turbine common stock.
Digital Turbine, Inc. Chief Accounting Officer Joshua Kinsell reported a routine tax-related share disposition. On this Form 4, 618 shares of common stock at $3.37 were withheld to cover taxes due upon vesting, and no new shares were issued in the process.
After this tax-withholding transaction, Kinsell directly holds 271,495 shares of Digital Turbine common stock. The filing characterizes the event as a payment of tax liability by delivering securities, rather than an open-market sale or discretionary trade.
Digital Turbine, Inc. amended its main financing agreement with lenders led by Blue Torch Finance LLC. The change revises the loan’s liquidity covenant so the required minimum liquidity between April 1, 2026 and December 31, 2026 is reduced to $15,000,000.
The company also amended certain outstanding warrants to purchase common stock. These warrant amendments suspend the company’s obligation to provide registration rights for the resale of shares underlying the warrants until October 1, 2026.
Digital Turbine, Inc. reported that Chief Technology Officer John Benneaser received a grant of 693,069 shares of common stock as a restricted stock unit (RSU) award valued at $3.03 per share. Following this compensation-related acquisition, he holds 693,069 shares directly.
The RSUs were granted under the company’s 2020 Equity Incentive Plan. The award will vest one-third on the first anniversary of the grant date, then continue to vest pro rata each quarter after the first anniversary through the third anniversary, aligning his compensation with multi‑year service.
Digital Turbine, Inc. executive John Benneaser, who serves as Chief Technology Officer, submitted an initial Form 3 ownership report as a company officer. The data provided for this report does not list any equity transactions or holdings, and shows no purchases, sales, gifts, or option exercises.