Digital Turbine (APPS) EV to EBITDA (2018 - 2025)
Digital Turbine's (APPS) EV to EBITDA was 6.21 for fiscal Q3 2026 (quarter ended Dec 31, 2025), down 46.3% from the prior quarter.
Digital Turbine (APPS) EV to EBITDA (2018 - 2025) Analysis & Trends
Over the twelve months ended Dec 31, 2025, Digital Turbine's EV to EBITDA came in at 4.95; for FY2025 (ended Mar 31, 2025), it was 8.61.
- By fiscal year, EV to EBITDA came in at 9.08 in FY2023 (-67.1%), 27.60 in FY2022 (-74.6%) and 108.52 in FY2021 (+375.8%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly EV to EBITDA in data going back to fiscal Q3 2019.
- The high point for year-over-year EV to EBITDA in five years was fiscal Q4 2021 (growth of 375.8%); the low point was fiscal Q1 2023 (a decline of 88.7%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 11.58 (Q2 2026), 14.08 (Q1 2026) and 8.61 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn |
| 10 | Digital Turbine | 1.14 Bn | 984.81 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 5.71 |
| Sep 30, 2025 | 10.76 |
| Jun 30, 2025 | 13.41 |
| Mar 31, 2025 | 8.32 |
| Jun 30, 2023 | 8.77 |
| Mar 31, 2023 | 9.08 |
| Dec 31, 2022 | 8.99 |
| Sep 30, 2022 | 7.71 |
| Jun 30, 2022 | 9.85 |
| Mar 31, 2022 | 27.60 |
| Dec 31, 2021 | 46.75 |
| Sep 30, 2021 | 64.84 |
| Jun 30, 2021 | 87.46 |
| Mar 31, 2021 | 108.52 |
| Dec 31, 2020 | 96.21 |
| Sep 30, 2020 | 83.36 |
| Jun 30, 2020 | 44.63 |
| Mar 31, 2020 | 22.80 |
| Dec 31, 2019 | 39.12 |
| Sep 30, 2019 | 39.07 |
Digital Turbine EV to EBITDA 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=ev-to-ebitda&ticker=APPS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=APPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();