vs

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

RADIANT LOGISTICS, INC is the larger business by last-quarter revenue ($232.1M vs $151.4M, roughly 1.5× Digital Turbine, Inc.). Digital Turbine, Inc. runs the higher net margin — 3.4% vs 2.3%, a 1.1% gap on every dollar of revenue. On growth, Digital Turbine, Inc. posted the faster year-over-year revenue change (12.4% vs -12.3%). Over the past eight quarters, Digital Turbine, Inc.'s revenue compounded faster (16.2% CAGR vs 12.1%).

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.

Radiant Logistics, Inc. is a leading third-party logistics provider offering end-to-end supply chain solutions, domestic and international freight forwarding, warehousing, and last-mile delivery services. It primarily serves North American markets, with key client segments including retail, manufacturing, e-commerce, and industrial sectors, helping businesses optimize logistics workflows and cut operational costs.

APPS vs RLGT — Head-to-Head

Bigger by revenue
RLGT
RLGT
1.5× larger
RLGT
$232.1M
$151.4M
APPS
Growing faster (revenue YoY)
APPS
APPS
+24.7% gap
APPS
12.4%
-12.3%
RLGT
Higher net margin
APPS
APPS
1.1% more per $
APPS
3.4%
2.3%
RLGT
Faster 2-yr revenue CAGR
APPS
APPS
Annualised
APPS
16.2%
12.1%
RLGT

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
APPS
APPS
RLGT
RLGT
Revenue
$151.4M
$232.1M
Net Profit
$5.1M
$5.3M
Gross Margin
57.4%
Operating Margin
14.3%
3.2%
Net Margin
3.4%
2.3%
Revenue YoY
12.4%
-12.3%
Net Profit YoY
122.1%
-18.0%
EPS (diluted)
$0.03
$0.11

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
RLGT
RLGT
Q4 25
$151.4M
$232.1M
Q3 25
$140.4M
$226.7M
Q2 25
$130.9M
$220.6M
Q1 25
$119.2M
$214.0M
Q4 24
$134.6M
$264.5M
Q3 24
$118.7M
$203.6M
Q2 24
$118.0M
$206.0M
Q1 24
$112.2M
$184.6M
Net Profit
APPS
APPS
RLGT
RLGT
Q4 25
$5.1M
$5.3M
Q3 25
$-21.4M
$1.3M
Q2 25
$-14.1M
$4.9M
Q1 25
$-18.8M
$2.5M
Q4 24
$-23.1M
$6.5M
Q3 24
$-25.0M
$3.4M
Q2 24
$-25.2M
$4.8M
Q1 24
$-236.5M
$-703.0K
Gross Margin
APPS
APPS
RLGT
RLGT
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
RLGT
RLGT
Q4 25
14.3%
3.2%
Q3 25
4.7%
0.9%
Q2 25
-3.6%
2.4%
Q1 25
-9.8%
1.6%
Q4 24
-9.5%
3.3%
Q3 24
-11.4%
1.9%
Q2 24
-13.6%
2.4%
Q1 24
-185.2%
-0.5%
Net Margin
APPS
APPS
RLGT
RLGT
Q4 25
3.4%
2.3%
Q3 25
-15.2%
0.6%
Q2 25
-10.8%
2.2%
Q1 25
-15.8%
1.2%
Q4 24
-17.2%
2.4%
Q3 24
-21.0%
1.7%
Q2 24
-21.3%
2.3%
Q1 24
-210.7%
-0.4%
EPS (diluted)
APPS
APPS
RLGT
RLGT
Q4 25
$0.03
$0.11
Q3 25
$-0.20
$0.03
Q2 25
$-0.13
$0.10
Q1 25
$-0.18
$0.05
Q4 24
$-0.22
$0.13
Q3 24
$-0.24
$0.07
Q2 24
$-0.25
$0.11
Q1 24
$-2.33
$-0.02

Balance Sheet & Financial Strength

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

Metric
APPS
APPS
RLGT
RLGT
Cash + ST InvestmentsLiquidity on hand
$40.2M
$31.9M
Total DebtLower is stronger
$355.0M
Stockholders' EquityBook value
$194.6M
$229.8M
Total Assets
$858.2M
$439.4M
Debt / EquityLower = less leverage
1.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPS
APPS
RLGT
RLGT
Q4 25
$40.2M
$31.9M
Q3 25
$38.8M
$28.1M
Q2 25
$33.4M
$22.9M
Q1 25
$39.4M
$19.0M
Q4 24
$34.6M
$19.9M
Q3 24
$32.1M
$10.4M
Q2 24
$35.0M
$24.9M
Q1 24
$32.9M
$31.2M
Total Debt
APPS
APPS
RLGT
RLGT
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
RLGT
RLGT
Q4 25
$194.6M
$229.8M
Q3 25
$148.1M
$225.7M
Q2 25
$152.3M
$226.0M
Q1 25
$154.0M
$218.2M
Q4 24
$163.6M
$214.4M
Q3 24
$182.4M
$212.4M
Q2 24
$196.0M
$209.4M
Q1 24
$213.9M
$206.0M
Total Assets
APPS
APPS
RLGT
RLGT
Q4 25
$858.2M
$439.4M
Q3 25
$818.7M
$445.3M
Q2 25
$818.4M
$426.8M
Q1 25
$812.9M
$414.5M
Q4 24
$839.7M
$386.8M
Q3 24
$844.5M
$375.3M
Q2 24
$860.2M
$371.2M
Q1 24
$865.5M
$364.0M
Debt / Equity
APPS
APPS
RLGT
RLGT
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
RLGT
RLGT
Operating Cash FlowLast quarter
$14.2M
$12.4M
Free Cash FlowOCF − Capex
$11.6M
FCF MarginFCF / Revenue
5.0%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
2.78×
2.33×
TTM Free Cash FlowTrailing 4 quarters
$8.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APPS
APPS
RLGT
RLGT
Q4 25
$14.2M
$12.4M
Q3 25
$14.5M
$2.5M
Q2 25
$8.8M
$3.1M
Q1 25
$11.9M
$-5.7M
Q4 24
$10.4M
$15.7M
Q3 24
$-8.7M
$205.0K
Q2 24
$-1.4M
$1.3M
Q1 24
$28.7M
$3.9M
Free Cash Flow
APPS
APPS
RLGT
RLGT
Q4 25
$11.6M
Q3 25
$977.0K
Q2 25
$2.2M
Q1 25
$-6.4M
Q4 24
$14.1M
Q3 24
$-1.9M
Q2 24
$-185.0K
Q1 24
$1.8M
FCF Margin
APPS
APPS
RLGT
RLGT
Q4 25
5.0%
Q3 25
0.4%
Q2 25
1.0%
Q1 25
-3.0%
Q4 24
5.3%
Q3 24
-0.9%
Q2 24
-0.1%
Q1 24
1.0%
Capex Intensity
APPS
APPS
RLGT
RLGT
Q4 25
0.3%
Q3 25
0.7%
Q2 25
0.4%
Q1 25
0.3%
Q4 24
0.6%
Q3 24
1.0%
Q2 24
0.7%
Q1 24
1.2%
Cash Conversion
APPS
APPS
RLGT
RLGT
Q4 25
2.78×
2.33×
Q3 25
1.90×
Q2 25
0.63×
Q1 25
-2.26×
Q4 24
2.43×
Q3 24
0.06×
Q2 24
0.26×
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%

RLGT
RLGT

Transferred Over Time$201.2M87%
Other$25.0M11%
Value Added Services$4.2M2%
Transferred At Point In Time$1.8M1%

Related Comparisons