Digital Turbine (Digital Turbine) Gross Margin % : 44.63% (As of Dec. 2023)

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What is Digital Turbine Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Digital Turbine's Gross Profit for the three months ended in Dec. 2023 was $63.7 Mil. Digital Turbine's Revenue for the three months ended in Dec. 2023 was $142.6 Mil. Therefore, Digital Turbine's Gross Margin % for the quarter that ended in Dec. 2023 was 44.63%.

The historical rank and industry rank for Digital Turbine's Gross Margin % or its related term are showing as below:

APPS' s Gross Margin % Range Over the Past 10 Years
Min: 6.56 Med: 33.93 Max: 48.09
Current: 44.7

During the past 13 years, the highest Gross Margin % of Digital Turbine was 48.09%. The lowest was 6.56%. And the median was 33.93%.

APPS's Gross Margin % is ranked better than
53.39% of 2628 companies
in the Software industry
Industry Median: 41.685 vs APPS: 44.70

Digital Turbine had a gross margin of 44.63% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Digital Turbine was 8.30% per year.

Digital Turbine Gross Margin % Historical Data

The historical data trend for Digital Turbine's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Digital Turbine Gross Margin % Chart

Digital Turbine Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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34.34

38.69

42.28

46.43

48.09

Digital Turbine Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															49.05	42.45	45.89	45.74	44.63

Competitive Comparison of Digital Turbine's Gross Margin %

For the Software - Application subindustry, Digital Turbine's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Digital Turbine's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Digital Turbine's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Digital Turbine's Gross Margin % falls into.

Digital Turbine Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Digital Turbine's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	320.2	/	665.92
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(665.92 - 345.692)	/	665.92
	=	48.09 %

Digital Turbine's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	63.7	/	142.634
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(142.634 - 78.978)	/	142.634
	=	44.63 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Digital Turbine (NAS:APPS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Digital Turbine had a gross margin of 44.63% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Digital Turbine Gross Margin % Related Terms

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Digital Turbine (Digital Turbine) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Turbine Inc (NAS:APPS) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

4MD:Germany 4MD:Germany

Address

110 San Antonio Street, Suite 160, Austin, TX, USA, 78701

Website

https://www.digitalturbine.com

Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Media (ODM); In App Media-AdColony; and In App Media-Fyber. The company derives key revenue from the ODM segment by providing solutions to all participants in the mobile application ecosystem who want to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (OEMs) that participate in the app economy, app publishers and developers, and brands and advertising agencies. It has a global business presence.

Executives

Jeff Karish	director	C/O FIRST PACTRUST BANCORP INC, 610 BAY BOULEVARD, CHULA VISTA CA 91910
Robert M Deutschman	director
Mohan S Gyani	director	7277 164TH AVE NE, BLDG1, REDMOND WA 98052
Stone William Gordon Iii	officer: President, COO	2811 CAHUENGA BOULEVARD WEST, LOS ANGELES CA 90068
Holyce Hess Groos	director	58 CHRISTIANA COURT, LAKE GEORGE NY 12845
Roy H Chestnutt	director	1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Senthilkumaran Kanagaratnam	officer: Chief Technology Officer	5717 LA SEYNE PLACE, SAN JOSE CA 95138
Matthew Gillis	officer: President	2400 BOSTON STREET, SUITE 201, BALTIMORE MD 21224
Michelle M Sterling	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Mary Spilman	director	C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10016
Michael Benjamin Miller	officer: Chief Accounting Officer	360 WEST FOREST GROVE ROAD, LUCAS TX 75002
David Wesch	officer: Acting CAO	1300 GUADALUPE STREET, SUITE 302, AUSTIN TX 78701
Christopher Thomas Rogers	director	2001 EDMUND HALLEY DRIVE, RESTON VA 20191
Christine Collins	officer: CTO	111 NUECES STREET, AUSTIN TX 78701
Paul M Schaeffer	director	5200 ENCINO AVENUE, ENCINO CA 91316