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

Digital Turbine, Inc. is the larger business by last-quarter revenue ($151.4M vs $142.7M, roughly 1.1× Opera Ltd). Opera Ltd runs the higher net margin — 12.8% vs 3.4%, a 9.4% gap on every dollar of revenue.

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.

Opera is a multinational technology corporation headquartered in Oslo, Norway, with additional offices in Europe, China, and Africa. Opera offers a range of products and services that include PC and mobile web browsers, GameMaker and gaming portals, the Opera News content recommendation products, the Opera Ads platform, and a number of Web3 and e-commerce products and services. The company's total user base is 296 million monthly active users.

APPS vs OPRA — Head-to-Head

Bigger by revenue
APPS
APPS
1.1× larger
APPS
$151.4M
$142.7M
OPRA
Higher net margin
OPRA
OPRA
9.4% more per $
OPRA
12.8%
3.4%
APPS

Income Statement — Q3 FY2026 vs Q1 FY2025

Metric
APPS
APPS
OPRA
OPRA
Revenue
$151.4M
$142.7M
Net Profit
$5.1M
$18.3M
Gross Margin
57.4%
Operating Margin
14.3%
14.8%
Net Margin
3.4%
12.8%
Revenue YoY
12.4%
Net Profit YoY
122.1%
EPS (diluted)
$0.03

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
OPRA
OPRA
Q4 25
$151.4M
Q3 25
$140.4M
Q2 25
$130.9M
Q1 25
$119.2M
$142.7M
Q4 24
$134.6M
Q3 24
$118.7M
Q2 24
$118.0M
$211.6M
Q1 24
$112.2M
Net Profit
APPS
APPS
OPRA
OPRA
Q4 25
$5.1M
Q3 25
$-21.4M
Q2 25
$-14.1M
Q1 25
$-18.8M
$18.3M
Q4 24
$-23.1M
Q3 24
$-25.0M
Q2 24
$-25.2M
$34.1M
Q1 24
$-236.5M
Gross Margin
APPS
APPS
OPRA
OPRA
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
OPRA
OPRA
Q4 25
14.3%
Q3 25
4.7%
Q2 25
-3.6%
Q1 25
-9.8%
14.8%
Q4 24
-9.5%
Q3 24
-11.4%
Q2 24
-13.6%
19.6%
Q1 24
-185.2%
Net Margin
APPS
APPS
OPRA
OPRA
Q4 25
3.4%
Q3 25
-15.2%
Q2 25
-10.8%
Q1 25
-15.8%
12.8%
Q4 24
-17.2%
Q3 24
-21.0%
Q2 24
-21.3%
16.1%
Q1 24
-210.7%
EPS (diluted)
APPS
APPS
OPRA
OPRA
Q4 25
$0.03
Q3 25
$-0.20
Q2 25
$-0.13
Q1 25
$-0.18
Q4 24
$-0.22
Q3 24
$-0.24
Q2 24
$-0.25
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
OPRA
OPRA
Cash + ST InvestmentsLiquidity on hand
$40.2M
Total DebtLower is stronger
$355.0M
Stockholders' EquityBook value
$194.6M
Total Assets
$858.2M
Debt / EquityLower = less leverage
1.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPS
APPS
OPRA
OPRA
Q4 25
$40.2M
Q3 25
$38.8M
Q2 25
$33.4M
Q1 25
$39.4M
Q4 24
$34.6M
Q3 24
$32.1M
Q2 24
$35.0M
Q1 24
$32.9M
Total Debt
APPS
APPS
OPRA
OPRA
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
OPRA
OPRA
Q4 25
$194.6M
Q3 25
$148.1M
Q2 25
$152.3M
Q1 25
$154.0M
Q4 24
$163.6M
Q3 24
$182.4M
Q2 24
$196.0M
Q1 24
$213.9M
Total Assets
APPS
APPS
OPRA
OPRA
Q4 25
$858.2M
Q3 25
$818.7M
Q2 25
$818.4M
Q1 25
$812.9M
Q4 24
$839.7M
Q3 24
$844.5M
Q2 24
$860.2M
Q1 24
$865.5M
Debt / Equity
APPS
APPS
OPRA
OPRA
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
OPRA
OPRA
Operating Cash FlowLast quarter
$14.2M
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
OPRA
OPRA
Q4 25
$14.2M
Q3 25
$14.5M
Q2 25
$8.8M
Q1 25
$11.9M
Q4 24
$10.4M
Q3 24
$-8.7M
Q2 24
$-1.4M
Q1 24
$28.7M
Cash Conversion
APPS
APPS
OPRA
OPRA
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%

OPRA
OPRA

Segment breakdown not available.

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