Digital Turbine (APPS) EV to FCF (2018 - 2025)
Digital Turbine's EV to FCF was 29.64 in fiscal Q3 2026 (quarter ended Dec 31, 2025), down 31.0% from the prior quarter.
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Analysis
Digital Turbine (APPS) EV to FCF (2018 - 2025) Analysis & Trends
On a trailing twelve-month basis, Digital Turbine's EV to FCF was 23.60 through Dec 31, 2025; for FY2024 (ended Mar 31, 2024), it was 53.19, up 312.0% from FY2023.
- In earlier fiscal years, EV to FCF was 12.91 in FY2023 (-80.8%), 67.22 in FY2022 (-49.9%), 134.31 in FY2021 (+991.3%) and 12.31 in FY2020 (-88.1%).
- The fiscal Q3 2026 figure marks the lowest quarterly EV to FCF since fiscal Q3 2024.
- The best year-over-year quarter for EV to FCF over five years was fiscal Q4 2021 (growth of 991.3%); the worst was fiscal Q1 2023 (a decline of 97.0%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn |
| 10 | Digital Turbine | 1.34 Bn | 1.19 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 29.64 |
| Sep 30, 2025 | 42.93 |
| Jun 30, 2024 | 43.75 |
| Mar 31, 2024 | 53.19 |
| Dec 31, 2023 | 19.26 |
| Sep 30, 2023 | 10.51 |
| Jun 30, 2023 | 16.35 |
| Mar 31, 2023 | 12.91 |
| Dec 31, 2022 | 12.73 |
| Sep 30, 2022 | 11.65 |
| Jun 30, 2022 | 13.10 |
| Mar 31, 2022 | 67.22 |
| Dec 31, 2021 | 147.27 |
| Sep 30, 2021 | 257.39 |
| Jun 30, 2021 | 441.65 |
| Mar 31, 2021 | 134.31 |
| Dec 31, 2020 | 92.98 |
| Sep 30, 2020 | 64.73 |
| Jun 30, 2020 | 37.86 |
| Mar 31, 2020 | 12.31 |
API Access
Digital Turbine EV to FCF 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-fcf&ticker=APPS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=APPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();