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Side-by-side financial comparison of Digital Turbine, Inc. (APPS) and Caris Life Sciences, Inc. (CAI). Click either name above to swap in a different company.

Caris Life Sciences, Inc. is the larger business by last-quarter revenue ($216.8M vs $151.4M, roughly 1.4× Digital Turbine, Inc.). Caris Life Sciences, Inc. runs the higher net margin — 11.2% vs 3.4%, a 7.8% gap on every dollar of revenue. On growth, Caris Life Sciences, Inc. posted the faster year-over-year revenue change (113.4% vs 12.4%).

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.

Caris Life Sciences is a leading precision medicine biotech company specializing in advanced molecular profiling for oncology. It provides actionable genomic and molecular insights to oncologists to personalize cancer treatment plans, and partners with biopharmaceutical firms to accelerate novel cancer drug discovery and development, serving customers across North America, Europe, and key Asia-Pacific markets.

APPS vs CAI — Head-to-Head

Bigger by revenue
CAI
CAI
1.4× larger
CAI
$216.8M
$151.4M
APPS
Growing faster (revenue YoY)
CAI
CAI
+100.9% gap
CAI
113.4%
12.4%
APPS
Higher net margin
CAI
CAI
7.8% more per $
CAI
11.2%
3.4%
APPS

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
APPS
APPS
CAI
CAI
Revenue
$151.4M
$216.8M
Net Profit
$5.1M
$24.3M
Gross Margin
57.4%
Operating Margin
14.3%
15.1%
Net Margin
3.4%
11.2%
Revenue YoY
12.4%
113.4%
Net Profit YoY
122.1%
135.9%
EPS (diluted)
$0.03
$0.08

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
CAI
CAI
Q4 25
$151.4M
Q3 25
$140.4M
$216.8M
Q2 25
$130.9M
$181.4M
Q1 25
$119.2M
Q4 24
$134.6M
Q3 24
$118.7M
$101.6M
Q2 24
$118.0M
$100.0M
Q1 24
$112.2M
Net Profit
APPS
APPS
CAI
CAI
Q4 25
$5.1M
Q3 25
$-21.4M
$24.3M
Q2 25
$-14.1M
$-71.8M
Q1 25
$-18.8M
Q4 24
$-23.1M
Q3 24
$-25.0M
$-67.7M
Q2 24
$-25.2M
$-66.2M
Q1 24
$-236.5M
Gross Margin
APPS
APPS
CAI
CAI
Q4 25
57.4%
Q3 25
55.1%
Q2 25
55.6%
Q1 25
55.4%
Q4 24
48.0%
Q3 24
52.6%
Q2 24
52.7%
Q1 24
52.3%
Operating Margin
APPS
APPS
CAI
CAI
Q4 25
14.3%
Q3 25
4.7%
15.1%
Q2 25
-3.6%
-9.9%
Q1 25
-9.8%
Q4 24
-9.5%
Q3 24
-11.4%
-59.9%
Q2 24
-13.6%
-67.0%
Q1 24
-185.2%
Net Margin
APPS
APPS
CAI
CAI
Q4 25
3.4%
Q3 25
-15.2%
11.2%
Q2 25
-10.8%
-39.6%
Q1 25
-15.8%
Q4 24
-17.2%
Q3 24
-21.0%
-66.6%
Q2 24
-21.3%
-66.2%
Q1 24
-210.7%
EPS (diluted)
APPS
APPS
CAI
CAI
Q4 25
$0.03
Q3 25
$-0.20
$0.08
Q2 25
$-0.13
$-7.97
Q1 25
$-0.18
Q4 24
$-0.22
Q3 24
$-0.24
$-2.59
Q2 24
$-0.25
$-2.54
Q1 24
$-2.33

Balance Sheet & Financial Strength

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

Metric
APPS
APPS
CAI
CAI
Cash + ST InvestmentsLiquidity on hand
$40.2M
$755.5M
Total DebtLower is stronger
$355.0M
$375.9M
Stockholders' EquityBook value
$194.6M
$478.4M
Total Assets
$858.2M
$984.6M
Debt / EquityLower = less leverage
1.82×
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPS
APPS
CAI
CAI
Q4 25
$40.2M
Q3 25
$38.8M
$755.5M
Q2 25
$33.4M
$721.2M
Q1 25
$39.4M
Q4 24
$34.6M
Q3 24
$32.1M
Q2 24
$35.0M
Q1 24
$32.9M
Total Debt
APPS
APPS
CAI
CAI
Q4 25
$355.0M
Q3 25
$396.4M
$375.9M
Q2 25
$400.5M
$373.4M
Q1 25
$408.7M
Q4 24
$408.2M
Q3 24
$407.6M
Q2 24
$393.8M
Q1 24
$383.5M
Stockholders' Equity
APPS
APPS
CAI
CAI
Q4 25
$194.6M
Q3 25
$148.1M
$478.4M
Q2 25
$152.3M
$452.9M
Q1 25
$154.0M
Q4 24
$163.6M
Q3 24
$182.4M
$-2.4B
Q2 24
$196.0M
$-2.4B
Q1 24
$213.9M
Total Assets
APPS
APPS
CAI
CAI
Q4 25
$858.2M
Q3 25
$818.7M
$984.6M
Q2 25
$818.4M
$955.1M
Q1 25
$812.9M
Q4 24
$839.7M
Q3 24
$844.5M
Q2 24
$860.2M
Q1 24
$865.5M
Debt / Equity
APPS
APPS
CAI
CAI
Q4 25
1.82×
Q3 25
2.68×
0.79×
Q2 25
2.63×
0.82×
Q1 25
2.65×
Q4 24
2.50×
Q3 24
2.24×
Q2 24
2.01×
Q1 24
1.79×

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
CAI
CAI
Operating Cash FlowLast quarter
$14.2M
$62.4M
Free Cash FlowOCF − Capex
$55.3M
FCF MarginFCF / Revenue
25.5%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
2.78×
2.57×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APPS
APPS
CAI
CAI
Q4 25
$14.2M
Q3 25
$14.5M
$62.4M
Q2 25
$8.8M
Q1 25
$11.9M
Q4 24
$10.4M
Q3 24
$-8.7M
Q2 24
$-1.4M
Q1 24
$28.7M
Free Cash Flow
APPS
APPS
CAI
CAI
Q4 25
Q3 25
$55.3M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
APPS
APPS
CAI
CAI
Q4 25
Q3 25
25.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
APPS
APPS
CAI
CAI
Q4 25
Q3 25
3.3%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
APPS
APPS
CAI
CAI
Q4 25
2.78×
Q3 25
2.57×
Q2 25
Q1 25
Q4 24
Q3 24
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%

CAI
CAI

Molecular Profiling Services$207.6M96%
Pharma Research And Development Services$9.2M4%

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