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Digital Turbine, Inc. (APPS) company profile

APPSNasdaqPatent Owners & LessorsFiscal year ends March 31
Financials through Q2 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 7/3014% below fair value
$7.76+0.51 (+7.03%)

Close on Nov 11, 2026Market cap $939.09MP/E –Yield –

About Digital Turbine

Patent Owners & Lessors, SIC 6794

Digital Turbine, Inc. operates a mobile growth platform connecting device manufacturers, wireless carriers, app publishers, and advertisers. The company manages two segments: On Device Solutions and App Growth Platform. On Device Solutions delivers mobile applications and native media content directly to consumer devices using tools like SingleTap and a demand-side platform. The App Growth Platform provides targeted mobile advertising and ad monetization services, allowing publishers to monetize active users through display, native, and video ad auctions. Its customers include app developers, performance advertisers, brand agencies, and third-party advertising platforms.

The company maintains operations across the United States, China, Germany, Israel, India, Poland, Turkey, and the United Kingdom, alongside global sales representation. It employs 620 full-time workers globally, with 281 based in North America, 282 in Europe and the Middle East, 51 in Asia Pacific, and six in Latin America.

Summary of the business section of Digital Turbine's latest annual report, written by StockData.

Company profile

Company

Legal name
Digital Turbine, Inc.
Headquarters
Austin, TX
Address
111 Nueces Street 78701
Phone
(512) 387-7717
Employees
620, Mar 31, 2026
Industry
Patent Owners & Lessors
Incorporated in
Delaware
Fiscal year ends
March 31
Auditor
GRANT THORNTON LLP, Austin, Texas

Stock & identifiers

Ticker
APPS
Former tickers
MNDL until Feb 13, 2015
Exchange
Nasdaq
IPO date
Jul 6, 2006
Shares outstanding
121M, Jul 31, 2026
Public float
$674.98M, Sep 30, 2025
Filer category
Accelerated filer
Stock splits
1-for-5 reverse, Apr 15, 2013; 25-for-10, Aug 18, 2006
SEC CIK
317788
CUSIP
25400W102
ISIN
US25400W1027
FIGI
BBG000HZ3562
Share class FIGI
BBG001SPBG12
LEI
549300D0WZR1VI2QGB24
EIN
22-2267658

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
William Gordon Stone IiiChief Executive Officer, Director1,947,284
Joshua KinsellChief Accounting Officer307,614
Benneaser JohnChief Technology Officer744,193
Michael AkkermanChief Business Officer337,919
Stephen Andrew LasherChief Financial Officer423,531
Senthilkumaran KanagaratnamChief Technology Officer129,128
J. Barrett GarrisonExecutive Vice President, CFO435,250
Michelle M. SterlingDirector194,803
Jeff KarishDirector471,203
Mohan S. GyaniDirector621,909
Robert M. DeutschmanDirector980,438
Holyce Hess GroosDirector163,127
Roy H. ChestnuttDirector270,154
Mary SpilmanDirector129,744

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$4.79M$2.82M$1.70M$4$27
FY2024$2.48M$3.04M$2.22M$3$39
FY2023$7.90M-$2.18M$2.60M$3$47
FY2022$8.22M-$4.43M$2.19M$15$47
FY2021$7.75M-$6.37M$1.01M$55$60
FY2020$2.30M$51.64M$701.79K$1865$223

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2026

Summary compensation table from the latest proxy statement

ExecutiveSalaryBonusStock awardsOption awardsIncentive payOtherTotalvs. prior year
William G. Stone III
Chief Executive Officer
$650.00K$236.49K$1.50M$1.50M$874.67K$28.34K$4.79M+93%
Michael Akkerman
Chief Business Officer
$450.00K$109.15K$600.00K$600.00K$403.70K$25.02K$2.19M+11%
Joshua Kinsell
Interim Chief Financial Officer and Chief Accounting Officer
$315.00K$348.55K$115.00K––$30.40K$808.95K-19%
Stephen A. Lasher
Former Chief Financial Officer
$450.00K$109.15K$700.00K$700.00K$411.92K$37.51K$2.41M-51%
Senthil Kanagaratnam
Former Chief Technology Officer
$450.00K$202.50K$600.00K$600.00K–$32.35K$1.88M+28%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

Employees

Headcount reported in annual reports

“As of March 31, 2026, we employed 620 full-time employees globally, including 281 employees in North America, 282 employees in Europe and the Middle East, 51 employees in Asia Pacific, and 6 employees in Latin America.”

Corporate history

Events identified from SEC filings

DateEventDetails
May 31, 2022Late filingNotification of late filing
Jun 2, 2021Late filingNotification of late filing
May 28, 2021Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
May 4, 2021Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Mar 5, 2021Auditor changeChange in certifying accountant (8-K Item 4.01)
Mar 3, 2020Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jul 5, 2018Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Nov 28, 2016Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Nov 10, 2016Late filingNotification of late filing
Mar 11, 2015Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jan 28, 2015Name changeName changed from Mandalay Digital Group, Inc. to Digital Turbine, Inc.
Dec 3, 2014MergerRegistration of securities for a merger or exchange offer (S-4)
Jun 6, 2013ListingRegistration of securities on an exchange (Form 8-A)
Apr 12, 2013Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Nov 15, 2012Late filingNotification of late filing
Sep 19, 2012Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Feb 15, 2012Late filingNotification of late filing
Feb 7, 2012Name changeName changed from NeuMedia, Inc. to Mandalay Digital Group, Inc.
Jan 4, 2012Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Aug 15, 2011Late filingNotification of late filing
Jun 29, 2011Late filingNotification of late filing
Feb 14, 2011Late filingNotification of late filing
Nov 15, 2010Late filingNotification of late filing
Aug 16, 2010Late filingNotification of late filing
Jun 29, 2010Late filingNotification of late filing
Jun 23, 2010Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Apr 20, 2010Name changeName changed from Mandalay Media, Inc. to NeuMedia, Inc.
Jun 29, 2009Late filingNotification of late filing
Jun 4, 2009Auditor changeChange in certifying accountant (8-K Item 4.01)
Feb 23, 2009Auditor changeChange in certifying accountant (8-K Item 4.01)

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