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

UNITIL CORP is the larger business by last-quarter revenue ($161.5M vs $151.4M, roughly 1.1× Digital Turbine, Inc.). UNITIL CORP runs the higher net margin — 11.8% vs 3.4%, a 8.4% gap on every dollar of revenue. On growth, UNITIL CORP posted the faster year-over-year revenue change (26.7% vs 12.4%). Over the past eight quarters, Digital Turbine, Inc.'s revenue compounded faster (16.2% CAGR vs -4.9%).

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.

Unitil Corporation is an interstate electricity and natural gas utility company that provides services for New Hampshire, Massachusetts and Maine. Its earliest predecessor company, the Portland Gas Light Company, was founded in Maine in 1849. The current company was set up in 1984 and is based in New Hampshire. With a market cap of 686.51M, it provides electric services to about 102,400 customers and natural gas to over 75,900 customers. The service territory of Unitil includes business distr...

APPS vs UTL — Head-to-Head

Bigger by revenue
UTL
UTL
1.1× larger
UTL
$161.5M
$151.4M
APPS
Growing faster (revenue YoY)
UTL
UTL
+14.2% gap
UTL
26.7%
12.4%
APPS
Higher net margin
UTL
UTL
8.4% more per $
UTL
11.8%
3.4%
APPS
Faster 2-yr revenue CAGR
APPS
APPS
Annualised
APPS
16.2%
-4.9%
UTL

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
APPS
APPS
UTL
UTL
Revenue
$151.4M
$161.5M
Net Profit
$5.1M
$19.0M
Gross Margin
57.4%
Operating Margin
14.3%
21.5%
Net Margin
3.4%
11.8%
Revenue YoY
12.4%
26.7%
Net Profit YoY
122.1%
21.8%
EPS (diluted)
$0.03
$1.05

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
UTL
UTL
Q4 25
$151.4M
$161.5M
Q3 25
$140.4M
$101.1M
Q2 25
$130.9M
$102.6M
Q1 25
$119.2M
$170.8M
Q4 24
$134.6M
$127.5M
Q3 24
$118.7M
$92.9M
Q2 24
$118.0M
$95.7M
Q1 24
$112.2M
$178.7M
Net Profit
APPS
APPS
UTL
UTL
Q4 25
$5.1M
$19.0M
Q3 25
$-21.4M
$-300.0K
Q2 25
$-14.1M
$4.0M
Q1 25
$-18.8M
$27.5M
Q4 24
$-23.1M
$15.6M
Q3 24
$-25.0M
$0
Q2 24
$-25.2M
$4.3M
Q1 24
$-236.5M
$27.2M
Gross Margin
APPS
APPS
UTL
UTL
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
UTL
UTL
Q4 25
14.3%
21.5%
Q3 25
4.7%
6.9%
Q2 25
-3.6%
13.0%
Q1 25
-9.8%
27.0%
Q4 24
-9.5%
22.1%
Q3 24
-11.4%
6.2%
Q2 24
-13.6%
13.0%
Q1 24
-185.2%
24.7%
Net Margin
APPS
APPS
UTL
UTL
Q4 25
3.4%
11.8%
Q3 25
-15.2%
-0.3%
Q2 25
-10.8%
3.9%
Q1 25
-15.8%
16.1%
Q4 24
-17.2%
12.2%
Q3 24
-21.0%
Q2 24
-21.3%
4.5%
Q1 24
-210.7%
15.2%
EPS (diluted)
APPS
APPS
UTL
UTL
Q4 25
$0.03
$1.05
Q3 25
$-0.20
$-0.02
Q2 25
$-0.13
$0.25
Q1 25
$-0.18
$1.69
Q4 24
$-0.22
$0.97
Q3 24
$-0.24
$0.00
Q2 24
$-0.25
$0.27
Q1 24
$-2.33
$1.69

Balance Sheet & Financial Strength

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

Metric
APPS
APPS
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$40.2M
$15.6M
Total DebtLower is stronger
$355.0M
$670.5M
Stockholders' EquityBook value
$194.6M
$609.6M
Total Assets
$858.2M
$2.1B
Debt / EquityLower = less leverage
1.82×
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPS
APPS
UTL
UTL
Q4 25
$40.2M
$15.6M
Q3 25
$38.8M
$14.6M
Q2 25
$33.4M
$8.5M
Q1 25
$39.4M
$10.2M
Q4 24
$34.6M
$6.3M
Q3 24
$32.1M
$6.3M
Q2 24
$35.0M
$2.8M
Q1 24
$32.9M
$6.3M
Total Debt
APPS
APPS
UTL
UTL
Q4 25
$355.0M
$670.5M
Q3 25
$396.4M
$670.5M
Q2 25
$400.5M
$640.7M
Q1 25
$408.7M
$642.1M
Q4 24
$408.2M
$643.3M
Q3 24
$407.6M
$643.3M
Q2 24
$393.8M
$511.3M
Q1 24
$383.5M
$512.8M
Stockholders' Equity
APPS
APPS
UTL
UTL
Q4 25
$194.6M
$609.6M
Q3 25
$148.1M
$597.2M
Q2 25
$152.3M
$532.8M
Q1 25
$154.0M
$534.1M
Q4 24
$163.6M
$512.5M
Q3 24
$182.4M
$502.4M
Q2 24
$196.0M
$508.8M
Q1 24
$213.9M
$510.8M
Total Assets
APPS
APPS
UTL
UTL
Q4 25
$858.2M
$2.1B
Q3 25
$818.7M
$1.9B
Q2 25
$818.4M
$1.9B
Q1 25
$812.9M
$1.9B
Q4 24
$839.7M
$1.8B
Q3 24
$844.5M
$1.7B
Q2 24
$860.2M
$1.7B
Q1 24
$865.5M
$1.7B
Debt / Equity
APPS
APPS
UTL
UTL
Q4 25
1.82×
1.10×
Q3 25
2.68×
1.12×
Q2 25
2.63×
1.20×
Q1 25
2.65×
1.20×
Q4 24
2.50×
1.26×
Q3 24
2.24×
1.28×
Q2 24
2.01×
1.00×
Q1 24
1.79×
1.00×

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
UTL
UTL
Operating Cash FlowLast quarter
$14.2M
$21.4M
Free Cash FlowOCF − Capex
$-36.3M
FCF MarginFCF / Revenue
-22.5%
Capex IntensityCapex / Revenue
35.7%
Cash ConversionOCF / Net Profit
2.78×
1.13×
TTM Free Cash FlowTrailing 4 quarters
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APPS
APPS
UTL
UTL
Q4 25
$14.2M
$21.4M
Q3 25
$14.5M
$15.6M
Q2 25
$8.8M
$42.2M
Q1 25
$11.9M
$52.1M
Q4 24
$10.4M
$23.3M
Q3 24
$-8.7M
$26.1M
Q2 24
$-1.4M
$49.9M
Q1 24
$28.7M
$26.6M
Free Cash Flow
APPS
APPS
UTL
UTL
Q4 25
$-36.3M
Q3 25
$-39.0M
Q2 25
$2.0M
Q1 25
$19.5M
Q4 24
$-32.3M
Q3 24
$-31.3M
Q2 24
$13.2M
Q1 24
$6.4M
FCF Margin
APPS
APPS
UTL
UTL
Q4 25
-22.5%
Q3 25
-38.6%
Q2 25
1.9%
Q1 25
11.4%
Q4 24
-25.3%
Q3 24
-33.7%
Q2 24
13.8%
Q1 24
3.6%
Capex Intensity
APPS
APPS
UTL
UTL
Q4 25
35.7%
Q3 25
54.0%
Q2 25
39.2%
Q1 25
19.1%
Q4 24
43.6%
Q3 24
61.8%
Q2 24
38.3%
Q1 24
11.3%
Cash Conversion
APPS
APPS
UTL
UTL
Q4 25
2.78×
1.13×
Q3 25
Q2 25
10.55×
Q1 25
1.89×
Q4 24
1.49×
Q3 24
Q2 24
11.60×
Q1 24
0.98×

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%

UTL
UTL

Segment breakdown not available.

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