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

Hudson Pacific Properties, Inc. is the larger business by last-quarter revenue ($256.0M vs $151.4M, roughly 1.7× Digital Turbine, Inc.). Digital Turbine, Inc. runs the higher net margin — 3.4% vs -109.4%, a 112.8% gap on every dollar of revenue. On growth, Hudson Pacific Properties, Inc. posted the faster year-over-year revenue change (22.1% vs 12.4%). Over the past eight quarters, Digital Turbine, Inc.'s revenue compounded faster (16.2% CAGR vs 9.4%).

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.

Hudson Pacific Properties is a real estate investment trust with 15.8 million square feet of office buildings, 1.5 million square feet of sound stages, and undeveloped rights for 3 million square feet of additional commercial property. Its properties are on the West Coast of the United States and Vancouver. It is organized in Maryland and headquartered in Los Angeles. It is the largest independent operator of sound stages in Los Angeles.

APPS vs HPP — Head-to-Head

Bigger by revenue
HPP
HPP
1.7× larger
HPP
$256.0M
$151.4M
APPS
Growing faster (revenue YoY)
HPP
HPP
+9.7% gap
HPP
22.1%
12.4%
APPS
Higher net margin
APPS
APPS
112.8% more per $
APPS
3.4%
-109.4%
HPP
Faster 2-yr revenue CAGR
APPS
APPS
Annualised
APPS
16.2%
9.4%
HPP

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
APPS
APPS
HPP
HPP
Revenue
$151.4M
$256.0M
Net Profit
$5.1M
$-280.2M
Gross Margin
57.4%
60.0%
Operating Margin
14.3%
-109.8%
Net Margin
3.4%
-109.4%
Revenue YoY
12.4%
22.1%
Net Profit YoY
122.1%
-61.5%
EPS (diluted)
$0.03
$-11.57

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
HPP
HPP
Q4 25
$151.4M
$256.0M
Q3 25
$140.4M
$186.6M
Q2 25
$130.9M
$190.0M
Q1 25
$119.2M
$198.5M
Q4 24
$134.6M
$209.7M
Q3 24
$118.7M
$200.4M
Q2 24
$118.0M
$218.0M
Q1 24
$112.2M
$214.0M
Net Profit
APPS
APPS
HPP
HPP
Q4 25
$5.1M
$-280.2M
Q3 25
$-21.4M
$-144.1M
Q2 25
$-14.1M
$-87.8M
Q1 25
$-18.8M
$-80.3M
Q4 24
$-23.1M
$-173.5M
Q3 24
$-25.0M
$-107.0M
Q2 24
$-25.2M
$-47.6M
Q1 24
$-236.5M
$-53.4M
Gross Margin
APPS
APPS
HPP
HPP
Q4 25
57.4%
60.0%
Q3 25
55.1%
44.3%
Q2 25
55.6%
43.1%
Q1 25
55.4%
42.9%
Q4 24
48.0%
44.7%
Q3 24
52.6%
42.7%
Q2 24
52.7%
48.0%
Q1 24
52.3%
48.6%
Operating Margin
APPS
APPS
HPP
HPP
Q4 25
14.3%
-109.8%
Q3 25
4.7%
-77.2%
Q2 25
-3.6%
-46.0%
Q1 25
-9.8%
-40.4%
Q4 24
-9.5%
-83.2%
Q3 24
-11.4%
-52.3%
Q2 24
-13.6%
-21.6%
Q1 24
-185.2%
-24.9%
Net Margin
APPS
APPS
HPP
HPP
Q4 25
3.4%
-109.4%
Q3 25
-15.2%
-77.2%
Q2 25
-10.8%
-46.2%
Q1 25
-15.8%
-40.5%
Q4 24
-17.2%
-82.7%
Q3 24
-21.0%
-53.4%
Q2 24
-21.3%
-21.8%
Q1 24
-210.7%
-24.9%
EPS (diluted)
APPS
APPS
HPP
HPP
Q4 25
$0.03
$-11.57
Q3 25
$-0.20
$-0.30
Q2 25
$-0.13
$-0.41
Q1 25
$-0.18
$-0.53
Q4 24
$-0.22
$-1.19
Q3 24
$-0.24
$-0.69
Q2 24
$-0.25
$-0.33
Q1 24
$-2.33
$-0.37

Balance Sheet & Financial Strength

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

Metric
APPS
APPS
HPP
HPP
Cash + ST InvestmentsLiquidity on hand
$40.2M
$138.4M
Total DebtLower is stronger
$355.0M
Stockholders' EquityBook value
$194.6M
$3.0B
Total Assets
$858.2M
$7.3B
Debt / EquityLower = less leverage
1.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPS
APPS
HPP
HPP
Q4 25
$40.2M
$138.4M
Q3 25
$38.8M
$190.4M
Q2 25
$33.4M
$236.0M
Q1 25
$39.4M
$86.5M
Q4 24
$34.6M
$63.3M
Q3 24
$32.1M
$90.7M
Q2 24
$35.0M
$78.5M
Q1 24
$32.9M
$114.3M
Total Debt
APPS
APPS
HPP
HPP
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
HPP
HPP
Q4 25
$194.6M
$3.0B
Q3 25
$148.1M
$3.2B
Q2 25
$152.3M
$3.4B
Q1 25
$154.0M
$2.8B
Q4 24
$163.6M
$2.9B
Q3 24
$182.4M
$3.0B
Q2 24
$196.0M
$3.1B
Q1 24
$213.9M
$3.2B
Total Assets
APPS
APPS
HPP
HPP
Q4 25
$858.2M
$7.3B
Q3 25
$818.7M
$7.8B
Q2 25
$818.4M
$8.1B
Q1 25
$812.9M
$8.0B
Q4 24
$839.7M
$8.1B
Q3 24
$844.5M
$8.3B
Q2 24
$860.2M
$8.4B
Q1 24
$865.5M
$8.3B
Debt / Equity
APPS
APPS
HPP
HPP
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
HPP
HPP
Operating Cash FlowLast quarter
$14.2M
$121.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.78×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APPS
APPS
HPP
HPP
Q4 25
$14.2M
$121.0M
Q3 25
$14.5M
$33.2M
Q2 25
$8.8M
$-2.0M
Q1 25
$11.9M
$30.5M
Q4 24
$10.4M
$164.7M
Q3 24
$-8.7M
$63.7M
Q2 24
$-1.4M
$35.6M
Q1 24
$28.7M
$65.1M
Cash Conversion
APPS
APPS
HPP
HPP
Q4 25
2.78×
Q3 25
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%

HPP
HPP

Core Office$217.1M85%
Studio Segment$21.8M9%
Ancillary Revenue$20.2M8%
Chargebacks$3.3M1%

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