vs

Side-by-side financial comparison of Digital Turbine, Inc. (APPS) and Bowman Consulting Group Ltd. (BWMN). Click either name above to swap in a different company.

Digital Turbine, Inc. is the larger business by last-quarter revenue ($151.4M vs $129.0M, roughly 1.2× Bowman Consulting Group Ltd.). Digital Turbine, Inc. runs the higher net margin — 3.4% vs 1.5%, a 1.8% gap on every dollar of revenue. On growth, Bowman Consulting Group Ltd. posted the faster year-over-year revenue change (13.9% vs 12.4%). Over the past eight quarters, Bowman Consulting Group Ltd.'s revenue compounded faster (16.6% CAGR vs 16.2%).

Digital Turbine, Inc. is a global ad technology company that provides end-to-end mobile app monetization, user acquisition, and targeted advertising solutions. It partners with mobile network operators, original equipment manufacturers, and app developers to deliver seamless, contextually relevant app experiences and ad engagements to end users across North America, Europe, and Asia-Pacific, serving core segments of telecom, mobile tech and consumer app industries.

SLR Consulting is a privately owned international sustainability consultancy with offices in Europe, North America, South America, Australasia, and Africa. In 2019, it reported revenues of £150.8 million. Its purpose is ‘Making Sustainability Happen’, which it achieves through its global team of expert advisors and technicians, who partner with clients to tackle some of the world’s most complex sustainability challenges. Its ultimate owner is Solar Holdings Topco Limited.

APPS vs BWMN — Head-to-Head

Bigger by revenue
APPS
APPS
1.2× larger
APPS
$151.4M
$129.0M
BWMN
Growing faster (revenue YoY)
BWMN
BWMN
+1.5% gap
BWMN
13.9%
12.4%
APPS
Higher net margin
APPS
APPS
1.8% more per $
APPS
3.4%
1.5%
BWMN
Faster 2-yr revenue CAGR
BWMN
BWMN
Annualised
BWMN
16.6%
16.2%
APPS

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
APPS
APPS
BWMN
BWMN
Revenue
$151.4M
$129.0M
Net Profit
$5.1M
$2.0M
Gross Margin
57.4%
55.0%
Operating Margin
14.3%
3.2%
Net Margin
3.4%
1.5%
Revenue YoY
12.4%
13.9%
Net Profit YoY
122.1%
-66.7%
EPS (diluted)
$0.03
$0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APPS
APPS
BWMN
BWMN
Q4 25
$151.4M
$129.0M
Q3 25
$140.4M
$126.0M
Q2 25
$130.9M
$122.1M
Q1 25
$119.2M
$112.9M
Q4 24
$134.6M
$113.2M
Q3 24
$118.7M
$113.9M
Q2 24
$118.0M
$104.5M
Q1 24
$112.2M
$94.9M
Net Profit
APPS
APPS
BWMN
BWMN
Q4 25
$5.1M
$2.0M
Q3 25
$-21.4M
$6.6M
Q2 25
$-14.1M
$6.0M
Q1 25
$-18.8M
$-1.7M
Q4 24
$-23.1M
$5.9M
Q3 24
$-25.0M
$771.0K
Q2 24
$-25.2M
$-2.1M
Q1 24
$-236.5M
$-1.6M
Gross Margin
APPS
APPS
BWMN
BWMN
Q4 25
57.4%
55.0%
Q3 25
55.1%
53.1%
Q2 25
55.6%
53.7%
Q1 25
55.4%
51.4%
Q4 24
48.0%
53.2%
Q3 24
52.6%
52.4%
Q2 24
52.7%
52.5%
Q1 24
52.3%
50.6%
Operating Margin
APPS
APPS
BWMN
BWMN
Q4 25
14.3%
3.2%
Q3 25
4.7%
4.2%
Q2 25
-3.6%
7.4%
Q1 25
-9.8%
1.0%
Q4 24
-9.5%
1.2%
Q3 24
-11.4%
0.4%
Q2 24
-13.6%
-1.2%
Q1 24
-185.2%
-2.8%
Net Margin
APPS
APPS
BWMN
BWMN
Q4 25
3.4%
1.5%
Q3 25
-15.2%
5.3%
Q2 25
-10.8%
4.9%
Q1 25
-15.8%
-1.5%
Q4 24
-17.2%
5.2%
Q3 24
-21.0%
0.7%
Q2 24
-21.3%
-2.0%
Q1 24
-210.7%
-1.6%
EPS (diluted)
APPS
APPS
BWMN
BWMN
Q4 25
$0.03
$0.13
Q3 25
$-0.20
$0.37
Q2 25
$-0.13
$0.34
Q1 25
$-0.18
$-0.11
Q4 24
$-0.22
$0.37
Q3 24
$-0.24
$0.04
Q2 24
$-0.25
$-0.13
Q1 24
$-2.33
$-0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APPS
APPS
BWMN
BWMN
Cash + ST InvestmentsLiquidity on hand
$40.2M
$11.1M
Total DebtLower is stronger
$355.0M
$57.6M
Stockholders' EquityBook value
$194.6M
$261.1M
Total Assets
$858.2M
$579.7M
Debt / EquityLower = less leverage
1.82×
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPS
APPS
BWMN
BWMN
Q4 25
$40.2M
$11.1M
Q3 25
$38.8M
$16.2M
Q2 25
$33.4M
$15.5M
Q1 25
$39.4M
$10.7M
Q4 24
$34.6M
$6.7M
Q3 24
$32.1M
$11.7M
Q2 24
$35.0M
$23.1M
Q1 24
$32.9M
$11.7M
Total Debt
APPS
APPS
BWMN
BWMN
Q4 25
$355.0M
$57.6M
Q3 25
$396.4M
$29.8M
Q2 25
$400.5M
$32.0M
Q1 25
$408.7M
$36.4M
Q4 24
$408.2M
$38.1M
Q3 24
$407.6M
$36.4M
Q2 24
$393.8M
$38.8M
Q1 24
$383.5M
$26.8M
Stockholders' Equity
APPS
APPS
BWMN
BWMN
Q4 25
$194.6M
$261.1M
Q3 25
$148.1M
$261.8M
Q2 25
$152.3M
$249.6M
Q1 25
$154.0M
$244.1M
Q4 24
$163.6M
$246.1M
Q3 24
$182.4M
$243.2M
Q2 24
$196.0M
$235.6M
Q1 24
$213.9M
$167.3M
Total Assets
APPS
APPS
BWMN
BWMN
Q4 25
$858.2M
$579.7M
Q3 25
$818.7M
$510.2M
Q2 25
$818.4M
$538.2M
Q1 25
$812.9M
$528.7M
Q4 24
$839.7M
$505.9M
Q3 24
$844.5M
$497.0M
Q2 24
$860.2M
$463.4M
Q1 24
$865.5M
$420.5M
Debt / Equity
APPS
APPS
BWMN
BWMN
Q4 25
1.82×
0.22×
Q3 25
2.68×
0.11×
Q2 25
2.63×
0.13×
Q1 25
2.65×
0.15×
Q4 24
2.50×
0.15×
Q3 24
2.24×
0.15×
Q2 24
2.01×
0.16×
Q1 24
1.79×
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APPS
APPS
BWMN
BWMN
Operating Cash FlowLast quarter
$14.2M
$9.4M
Free Cash FlowOCF − Capex
$8.1M
FCF MarginFCF / Revenue
6.3%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
2.78×
4.76×
TTM Free Cash FlowTrailing 4 quarters
$33.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APPS
APPS
BWMN
BWMN
Q4 25
$14.2M
$9.4M
Q3 25
$14.5M
$10.2M
Q2 25
$8.8M
$4.3M
Q1 25
$11.9M
$12.0M
Q4 24
$10.4M
$11.9M
Q3 24
$-8.7M
$6.8M
Q2 24
$-1.4M
$3.1M
Q1 24
$28.7M
$2.5M
Free Cash Flow
APPS
APPS
BWMN
BWMN
Q4 25
$8.1M
Q3 25
$10.1M
Q2 25
$4.2M
Q1 25
$11.0M
Q4 24
$11.7M
Q3 24
$6.6M
Q2 24
$2.7M
Q1 24
$2.3M
FCF Margin
APPS
APPS
BWMN
BWMN
Q4 25
6.3%
Q3 25
8.0%
Q2 25
3.4%
Q1 25
9.7%
Q4 24
10.4%
Q3 24
5.8%
Q2 24
2.6%
Q1 24
2.4%
Capex Intensity
APPS
APPS
BWMN
BWMN
Q4 25
0.9%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.9%
Q4 24
0.2%
Q3 24
0.2%
Q2 24
0.3%
Q1 24
0.3%
Cash Conversion
APPS
APPS
BWMN
BWMN
Q4 25
2.78×
4.76×
Q3 25
1.54×
Q2 25
0.71×
Q1 25
Q4 24
2.02×
Q3 24
8.81×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APPS
APPS

On Device Solutions$99.6M66%
App Growth Platform$52.6M35%

BWMN
BWMN

Segment breakdown not available.

Related Comparisons