APPS vs DV vs QNST Stock Comparison

Digital Turbine, DoubleVerify Holdings and Quinstreet Prices as of Oct 23, 2026 Peers: Industry group
APPS Digital Turbine, Inc.
$9.86 -14.6% 1M +53.8% 1Y
Market cap
$1.12B
P/E
–
Revenue (TTM)
—
Div. yield
–
Digital Advertising Technology
1 win
QNST Quinstreet, Inc
$16.52 +15.7% 1M +11.2% 1Y
Market cap
$927.13M
P/E
11.4x
Revenue (TTM)
$1.29B
Div. yield
–
Digital Advertising Technology
5 wins

Head to Head

9 decided of 12

Quinstreet leads on 5 of the 12 questions below (Quinstreet 5, DoubleVerify Holdings 3, Digital Turbine 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPPSDVQNSTLeader
Larger companyMarket capitalisation $1.12B $2.08B $927.13M DV
Cheaper on earningsLower P/E, profitable companies only — 35.4x 11.4x QNST
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.3x 30.8x 9.7x QNST
Faster revenue growthRevenue growth, trailing twelve months — +7.6% +18.3% QNST
More profitableNet margin, trailing twelve months — 7.7% 6.3% DV
Better return on capitalReturn on invested capital — — 9.2% –
Less leveragedLower net debt / EBITDA — — -1.0x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +53.8% +13.7% +11.2% APPS
Better 5-year returnAnnualised price return, 5 years -34.9%/yr -17.8%/yr +2.2%/yr QNST
Less volatileAnnualised volatility, 1 year 93.4% 44.2% 57.6% DV
Higher overall scoreMean of the five percentile scores vs peers — 69/100 71/100 QNST

Percentile Scorecard

APPSDVQNST

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAPPSDVQNST
Valuation – 60 #68 of 167 80 #35 of 167
Growth – 49 #79 of 153 98 #4 of 153
Profitability – 75 #39 of 153 64 #56 of 153
Financial Health 21 #141 of 179 90 #18 of 179 61 #71 of 179
Shareholder Returns – 70 #29 of 94 53 #45 of 94
Overall – 69 71
  • APPS ranked among 185 companies in Internet Platforms
  • DV ranked among 185 companies in Internet Platforms
  • QNST ranked among 185 companies in Internet Platforms

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAPPSDVQNSTSPY
1 month -14.6%+1.2%+15.7% -1.0%
3 months +16.7%+28.3%+9.0% +2.9%
6 months +185.0%+24.4%+26.8% +6.4%
Year to date +97.2%+18.4%+15.0% +11.4%
1 year +53.8%+13.7%+11.2% +13.1%
3 years +93.7%-53.0%+58.8% +79.4%
3 years, per year +24.7%-22.2%+16.7% +21.5%
5 years -88.2%-62.5%+11.4% +67.7%
5 years, per year -34.9%-17.8%+2.2% +10.9%
10 years +1,088.0%—+439.9% +255.2%
10 years, per year +28.1%—+18.4% +13.5%

Risk

MeasureAPPSDVQNSTSPY
Volatility, 1Y 93.4%44.2%57.6% 12.7%
Downside volatility, 1Y 76.5%47.5%51.5% 12.7%
Beta vs S&P 500, 1Y 2.080.540.71 1.00
Return / volatility, 1Y 0.580.310.19 1.03
Max drawdown, 5Y -98.7%-79.7%-62.8% -25.4%
From 52-week high -31.5%-0.1%-25.0% -2.5%
52-week high $14.39$13.56$22.02 $779.14
52-week low $2.82$8.61$10.56 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAPPSDVQNST
P/E now vs peer median —median 17.5x 35.4xmedian 17.5x 11.6xmedian 17.5x
P/S now vs peer median —median 1.4x 2.7xmedian 1.4x 0.7xmedian 1.4x
EV/EBITDA now vs peer median —median 14.9x 11.8xmedian 14.9x 14.4xmedian 14.9x
P/FCF now vs peer median —median 11.2x 13.1xmedian 11.2x 7.3xmedian 11.2x
P/B now vs peer median 5.9xmedian 1.7x 1.9xmedian 1.7x 2.9xmedian 1.7x
PEG now vs peer median —median 0.42 5.56median 0.42 0.25median 0.42

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAPPSDVQNST
Revenue – $768.82M $1.29B
Gross profit – $633.77M $145.81M
Operating income – $97.55M $35.43M
Net income – $58.86M $81.24M
Free cash flow – $160.55M $127.91M
R&D – $178.30M $37.30M
EPS (diluted) – $0.37 $1.40
Cash & equivalents $37.96M $210.17M $128.32M
Total debt $360.96M – $155.00M
Shares (diluted) 120.47M 157.89M 58.16M
Enterprise value $963.94M $1.24B $488.51M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAPPSDVQNST
P/E – 35.4x 11.6x
P/FCF – 13.1x 7.3x
P/Operating cash flow – 10.3x 7.1x
P/S – 2.7x 0.7x
P/B 5.9x 1.9x 2.9x
P/Tangible book -68.9x 2.1x 3.6x
EV/EBITDA – 11.8x 14.4x
EV/EBIT – 19.4x 24.7x
EV/Revenue – 2.5x 0.7x
EV/FCF – 11.8x 6.8x
EV/Operating cash flow – 9.2x 6.7x
PEG (3Y EPS CAGR) – 5.56 0.25

Growth

14 metrics
MetricAPPSDVQNST
Revenue growth (1Y) – 7.6% 18.3%
Revenue CAGR (3Y) – 15.3% 30.6%
Gross profit growth (1Y) – 8.1% 31.5%
Gross profit CAGR (3Y) – 15.6% 44.3%
Operating income growth (1Y) – 15.1% 472.0%
Operating income CAGR (3Y) – 10.2% 54.7%
Net income growth (1Y) – 11.6% 1,626%
Net income CAGR (3Y) – 3.3% 47.0%
EPS growth (1Y) – 17.9% 1,630%
EPS CAGR (3Y) – 6.4% 45.7%
Operating cash flow growth (1Y) – 14.0% 54.5%
Operating cash flow CAGR (3Y) – 26.7% 123.0%
Free cash flow growth (1Y) – 7.1% 54.3%
Free cash flow CAGR (3Y) – 34.2% 144.3%

Profitability

14 metrics
MetricAPPSDVQNST
Gross margin – 82.4% 11.3%
EBITDA margin – 20.7% 4.7%
Operating margin – 12.7% 2.7%
Pretax margin – 12.2% 2.4%
Net margin – 7.7% 6.3%
FCF margin – 20.9% 9.9%
Operating cash flow margin – 26.6% 10.1%
Return on equity – 5.4% 25.6%
Return on assets – 4.6% 11.4%
Return on invested capital – – 9.2%
Return on capital employed – 8.2% 7.8%
Asset turnover – 0.6x 1.8x
Cash conversion (OCF / net income) – 3.5x 1.6x
Stock comp / revenue – 13.4% 2.9%

Financial Health

11 metrics
MetricAPPSDVQNST
Debt / assets 42.9% – 9.7%
Debt / equity 1.8x – 0.2x
Net debt / EBITDA – – -1.0x
Debt / FCF – – 0.5x
Liabilities / assets 76.2% 16.5% 55.2%
Equity / assets 23.8% 83.5% 44.8%
Interest coverage – 55.5x 8.1x
Current ratio 1.2x 4.5x 1.2x
Quick ratio 1.5x 4.7x 1.2x
Cash ratio 0.1x 2.0x 0.5x
Altman Z-score – 7.36 3.37

Shareholder Returns

7 metrics
MetricAPPSDVQNST
Dividend yield – – –
Net buyback yield – 7.0% 3.4%
Shareholder yield – 7.0% 3.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAPPSDVQNST
Forward P/E 13.3xFY2026 30.8xFY2026 9.7xFY2027
EPS, next fiscal year $0.74FY2026 $0.44FY2026 $1.70FY2027
EPS growth, next FY +32.1%FY2026 +46.7%FY2026 +33.9%FY2027
EPS growth, the year after +32.4% +36.4% +3.5%
Revenue, next fiscal year $690.88MFY2026 $841.13MFY2026 $1.46BFY2027
Revenue growth, next FY +22.2%FY2026 +12.4%FY2026 +13.4%FY2027
Revenue growth, the year after +3.6% +0.8% +14.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPPSDVQNST
Held by institutions 64.5% 100.0% 92.6%
Institutions holding 211 315 214
Change in shares held, QoQ +7.1% +1.2% +0.0%
Institutions buying 128 167 113
Institutions selling 62 114 69
Buyers to sellers 2.06 1.46 1.64

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

APPSDVQNST
APPS 1.00 0.19 0.13
DV 0.19 1.00 0.49
QNST 0.13 0.49 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, APPS, DV and QNST?

DoubleVerify Holdings (DV) is the largest by market capitalisation: Digital Turbine (APPS) $1.12B, DoubleVerify Holdings (DV) $2.08B, Quinstreet (QNST) $927.13M.

Which stock is cheaper, APPS, DV and QNST?

Quinstreet (QNST) trades on the lowest price-to-earnings ratio (DoubleVerify Holdings (DV) 35.4x, Quinstreet (QNST) 11.4x). On next year's consensus earnings, Quinstreet (QNST) is cheapest (Digital Turbine (APPS) 13.3x, DoubleVerify Holdings (DV) 30.8x, Quinstreet (QNST) 9.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Quinstreet (QNST) grew revenue fastest over the trailing twelve months: DoubleVerify Holdings (DV) +7.6%, Quinstreet (QNST) +18.3%.

Which company is more profitable?

DoubleVerify Holdings (DV) has the highest net margin (DoubleVerify Holdings (DV) 7.7%, Quinstreet (QNST) 6.3%).

Which stock has performed better?

Over the past year Digital Turbine (APPS) returned the most: Digital Turbine (APPS) +53.8%, DoubleVerify Holdings (DV) +13.7%, Quinstreet (QNST) +11.2%. Over five years, Quinstreet (QNST) compounded fastest (Digital Turbine (APPS) -34.9%/yr, DoubleVerify Holdings (DV) -17.8%/yr, Quinstreet (QNST) +2.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, DoubleVerify Holdings (DV) has been the steadiest (Digital Turbine (APPS) 93.4%, DoubleVerify Holdings (DV) 44.2%, Quinstreet (QNST) 57.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APPS, DV and QNST?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Quinstreet (QNST) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.