Digital Turbine (APPS) Cost of Revenue (2010 - 2025)
Digital Turbine's Cost of Revenue came in at $64.43 million for fiscal Q3 2026 (quarter ended Dec 31, 2025), down 7.9% from $69.95 million a year earlier but up 2.1% from the prior quarter.
Digital Turbine (APPS) Cost of Revenue (2010 - 2025) Analysis & Trends
Over the trailing twelve months to Dec 31, 2025, Digital Turbine reported Cost of Revenue of $238.85 million, up 1.4% year-over-year; for FY2025 (ended Mar 31, 2025), it was $235.29 million, down 10.3% from FY2024.
- Cost of Revenue has declined in each of the last three fiscal years, though with a five-year compound annual growth rate of 23.0% (FY2020 to FY2025).
- Going back by fiscal year, Cost of Revenue was $262.23 million in FY2024 (-15.2%), $309.25 million in FY2023 (-16.6%), $370.65 million in FY2022 (+107.5%) and $178.65 million in FY2021 (+113.7%).
- The five-year range for quarterly Cost of Revenue is $53.2 million (fiscal Q4 2025) to $109.05 million (fiscal Q3 2022).
- Year-over-year, Cost of Revenue increased in two of the last eight quarters, with an average decline of 7.0%.
- The fastest year-over-year change in Cost of Revenue over five years came in fiscal Q1 2022 (growth of 159.5%), and the weakest in fiscal Q3 2023 (a decline of 32.7%).
- Business Quant data shows APPS's Cost of Revenue at $63.09 million (Q2 2026), $58.14 million (Q1 2026) and $53.2 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 6.04 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 24.48 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 1.88 Bn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 7.82 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | - |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | 7.08 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 3.70 Bn |
| 10 | Digital Turbine | 1.34 Bn | 1.18 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 64.43 Mn |
| Sep 30, 2025 | 63.09 Mn |
| Jun 30, 2025 | 58.14 Mn |
| Mar 31, 2025 | 53.20 Mn |
| Dec 31, 2024 | 69.95 Mn |
| Sep 30, 2024 | 56.34 Mn |
| Jun 30, 2024 | 55.81 Mn |
| Mar 31, 2024 | 53.55 Mn |
| Dec 31, 2023 | 70.36 Mn |
| Sep 30, 2023 | 68.72 Mn |
| Jun 30, 2023 | 69.59 Mn |
| Mar 31, 2023 | 71.63 Mn |
| Dec 31, 2022 | 73.37 Mn |
| Sep 30, 2022 | 76.88 Mn |
| Jun 30, 2022 | 87.37 Mn |
| Mar 31, 2022 | 86.28 Mn |
| Dec 31, 2021 | 109.05 Mn |
| Sep 30, 2021 | 91.51 Mn |
| Jun 30, 2021 | 83.81 Mn |
| Mar 31, 2021 | 55.67 Mn |
Digital Turbine Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=APPS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "APPS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=APPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();