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

Gitlab Inc. is the larger business by last-quarter revenue ($244.4M vs $151.4M, roughly 1.6× Digital Turbine, Inc.). Digital Turbine, Inc. runs the higher net margin — 3.4% vs -3.4%, a 6.8% gap on every dollar of revenue. On growth, Gitlab Inc. posted the faster year-over-year revenue change (24.6% vs 12.4%). Over the past eight quarters, Gitlab Inc.'s revenue compounded faster (22.1% 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.

GitLab Inc. is an American company that operates and develops GitLab, an open-core DevOps software package that can develop, secure, and operate software. GitLab includes a distributed version control system based on Git, including features such as access control, bug tracking, software feature requests, task management, and wikis for every project, as well as snippets.

APPS vs GTLB — Head-to-Head

Bigger by revenue
GTLB
GTLB
1.6× larger
GTLB
$244.4M
$151.4M
APPS
Growing faster (revenue YoY)
GTLB
GTLB
+12.2% gap
GTLB
24.6%
12.4%
APPS
Higher net margin
APPS
APPS
6.8% more per $
APPS
3.4%
-3.4%
GTLB
Faster 2-yr revenue CAGR
GTLB
GTLB
Annualised
GTLB
22.1%
16.2%
APPS

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
APPS
APPS
GTLB
GTLB
Revenue
$151.4M
$244.4M
Net Profit
$5.1M
$-8.3M
Gross Margin
57.4%
86.8%
Operating Margin
14.3%
-5.1%
Net Margin
3.4%
-3.4%
Revenue YoY
12.4%
24.6%
Net Profit YoY
122.1%
-128.0%
EPS (diluted)
$0.03
$-0.05

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
GTLB
GTLB
Q4 25
$151.4M
$244.4M
Q3 25
$140.4M
$236.0M
Q2 25
$130.9M
$214.5M
Q1 25
$119.2M
$211.4M
Q4 24
$134.6M
$196.0M
Q3 24
$118.7M
$182.6M
Q2 24
$118.0M
$169.2M
Q1 24
$112.2M
$163.8M
Net Profit
APPS
APPS
GTLB
GTLB
Q4 25
$5.1M
$-8.3M
Q3 25
$-21.4M
$-9.2M
Q2 25
$-14.1M
$-35.9M
Q1 25
$-18.8M
$5.8M
Q4 24
$-23.1M
$29.6M
Q3 24
$-25.0M
$12.9M
Q2 24
$-25.2M
$-54.6M
Q1 24
$-236.5M
$-36.5M
Gross Margin
APPS
APPS
GTLB
GTLB
Q4 25
57.4%
86.8%
Q3 25
55.1%
87.9%
Q2 25
55.6%
88.3%
Q1 25
55.4%
89.2%
Q4 24
48.0%
88.7%
Q3 24
52.6%
88.3%
Q2 24
52.7%
88.9%
Q1 24
52.3%
90.2%
Operating Margin
APPS
APPS
GTLB
GTLB
Q4 25
14.3%
-5.1%
Q3 25
4.7%
-7.8%
Q2 25
-3.6%
-16.1%
Q1 25
-9.8%
-9.1%
Q4 24
-9.5%
-14.7%
Q3 24
-11.4%
-22.5%
Q2 24
-13.6%
-31.7%
Q1 24
-185.2%
-21.3%
Net Margin
APPS
APPS
GTLB
GTLB
Q4 25
3.4%
-3.4%
Q3 25
-15.2%
-3.9%
Q2 25
-10.8%
-16.7%
Q1 25
-15.8%
2.7%
Q4 24
-17.2%
15.1%
Q3 24
-21.0%
7.1%
Q2 24
-21.3%
-32.3%
Q1 24
-210.7%
-22.3%
EPS (diluted)
APPS
APPS
GTLB
GTLB
Q4 25
$0.03
$-0.05
Q3 25
$-0.20
$-0.06
Q2 25
$-0.13
$-0.22
Q1 25
$-0.18
$0.05
Q4 24
$-0.22
$0.18
Q3 24
$-0.24
$0.08
Q2 24
$-0.25
$-0.35
Q1 24
$-2.33
$-0.23

Balance Sheet & Financial Strength

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

Metric
APPS
APPS
GTLB
GTLB
Cash + ST InvestmentsLiquidity on hand
$40.2M
$224.2M
Total DebtLower is stronger
$355.0M
Stockholders' EquityBook value
$194.6M
$922.7M
Total Assets
$858.2M
$1.6B
Debt / EquityLower = less leverage
1.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPS
APPS
GTLB
GTLB
Q4 25
$40.2M
$224.2M
Q3 25
$38.8M
$261.4M
Q2 25
$33.4M
$255.7M
Q1 25
$39.4M
$227.6M
Q4 24
$34.6M
$176.6M
Q3 24
$32.1M
$438.6M
Q2 24
$35.0M
$420.3M
Q1 24
$32.9M
$288.0M
Total Debt
APPS
APPS
GTLB
GTLB
Q4 25
$355.0M
Q3 25
$396.4M
Q2 25
$400.5M
Q1 25
$408.7M
Q4 24
$408.2M
Q3 24
$407.6M
Q2 24
$393.8M
Q1 24
$383.5M
Stockholders' Equity
APPS
APPS
GTLB
GTLB
Q4 25
$194.6M
$922.7M
Q3 25
$148.1M
$866.6M
Q2 25
$152.3M
$808.3M
Q1 25
$154.0M
$775.9M
Q4 24
$163.6M
$724.7M
Q3 24
$182.4M
$642.8M
Q2 24
$196.0M
$567.8M
Q1 24
$213.9M
$571.2M
Total Assets
APPS
APPS
GTLB
GTLB
Q4 25
$858.2M
$1.6B
Q3 25
$818.7M
$1.5B
Q2 25
$818.4M
$1.4B
Q1 25
$812.9M
$1.4B
Q4 24
$839.7M
$1.3B
Q3 24
$844.5M
$1.4B
Q2 24
$860.2M
$1.3B
Q1 24
$865.5M
$1.3B
Debt / Equity
APPS
APPS
GTLB
GTLB
Q4 25
1.82×
Q3 25
2.68×
Q2 25
2.63×
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
GTLB
GTLB
Operating Cash FlowLast quarter
$14.2M
$31.4M
Free Cash FlowOCF − Capex
$28.4M
FCF MarginFCF / Revenue
11.6%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
2.78×
TTM Free Cash FlowTrailing 4 quarters
$242.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APPS
APPS
GTLB
GTLB
Q4 25
$14.2M
$31.4M
Q3 25
$14.5M
$49.4M
Q2 25
$8.8M
$106.3M
Q1 25
$11.9M
$63.2M
Q4 24
$10.4M
$-177.0M
Q3 24
$-8.7M
$11.7M
Q2 24
$-1.4M
$38.1M
Q1 24
$28.7M
$24.9M
Free Cash Flow
APPS
APPS
GTLB
GTLB
Q4 25
$28.4M
Q3 25
$46.5M
Q2 25
$105.4M
Q1 25
$62.1M
Q4 24
$-178.1M
Q3 24
$10.8M
Q2 24
$37.4M
Q1 24
$24.5M
FCF Margin
APPS
APPS
GTLB
GTLB
Q4 25
11.6%
Q3 25
19.7%
Q2 25
49.1%
Q1 25
29.4%
Q4 24
-90.8%
Q3 24
5.9%
Q2 24
22.1%
Q1 24
15.0%
Capex Intensity
APPS
APPS
GTLB
GTLB
Q4 25
1.2%
Q3 25
1.2%
Q2 25
0.4%
Q1 25
0.5%
Q4 24
0.5%
Q3 24
0.5%
Q2 24
0.4%
Q1 24
0.2%
Cash Conversion
APPS
APPS
GTLB
GTLB
Q4 25
2.78×
Q3 25
Q2 25
Q1 25
10.89×
Q4 24
-5.99×
Q3 24
0.90×
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%

GTLB
GTLB

Subscription And Circulation$146.4M60%
Subscription Software As A Service$76.9M31%
License$15.5M6%
Professional Services And Other$5.6M2%

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