vs

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

Digital Turbine, Inc. is the larger business by last-quarter revenue ($151.4M vs $121.0M, roughly 1.3× GeneDx Holdings Corp.). Digital Turbine, Inc. runs the higher net margin — 3.4% vs -14.6%, a 18.0% gap on every dollar of revenue. On growth, GeneDx Holdings Corp. posted the faster year-over-year revenue change (26.5% vs 12.4%). Over the past eight quarters, GeneDx Holdings Corp.'s revenue compounded faster (39.2% 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.

GeneDx is a genetic testing company that was founded in 2000 by two scientists from the National Institutes of Health (NIH), Sherri Bale and John Compton. They started the company to provide clinical diagnostic services for patients and families with rare and ultra-rare disorders, for which no such commercial testing was available at the time. The company started in the Technology Development Center, a biotech incubator supported by the state of Maryland and Montgomery County, MD. In 2006, Bi...

APPS vs WGS — Head-to-Head

Bigger by revenue
APPS
APPS
1.3× larger
APPS
$151.4M
$121.0M
WGS
Growing faster (revenue YoY)
WGS
WGS
+14.1% gap
WGS
26.5%
12.4%
APPS
Higher net margin
APPS
APPS
18.0% more per $
APPS
3.4%
-14.6%
WGS
Faster 2-yr revenue CAGR
WGS
WGS
Annualised
WGS
39.2%
16.2%
APPS

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
APPS
APPS
WGS
WGS
Revenue
$151.4M
$121.0M
Net Profit
$5.1M
$-17.7M
Gross Margin
57.4%
69.6%
Operating Margin
14.3%
-11.8%
Net Margin
3.4%
-14.6%
Revenue YoY
12.4%
26.5%
Net Profit YoY
122.1%
-424.9%
EPS (diluted)
$0.03
$-0.59

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
WGS
WGS
Q4 25
$151.4M
$121.0M
Q3 25
$140.4M
$116.7M
Q2 25
$130.9M
$102.7M
Q1 25
$119.2M
$87.1M
Q4 24
$134.6M
$95.6M
Q3 24
$118.7M
$76.9M
Q2 24
$118.0M
$70.5M
Q1 24
$112.2M
$62.4M
Net Profit
APPS
APPS
WGS
WGS
Q4 25
$5.1M
$-17.7M
Q3 25
$-21.4M
$-7.6M
Q2 25
$-14.1M
$10.8M
Q1 25
$-18.8M
$-6.5M
Q4 24
$-23.1M
$5.4M
Q3 24
$-25.0M
$-8.3M
Q2 24
$-25.2M
$-29.2M
Q1 24
$-236.5M
$-20.2M
Gross Margin
APPS
APPS
WGS
WGS
Q4 25
57.4%
69.6%
Q3 25
55.1%
72.4%
Q2 25
55.6%
69.0%
Q1 25
55.4%
67.1%
Q4 24
48.0%
69.2%
Q3 24
52.6%
62.2%
Q2 24
52.7%
60.9%
Q1 24
52.3%
59.9%
Operating Margin
APPS
APPS
WGS
WGS
Q4 25
14.3%
-11.8%
Q3 25
4.7%
-2.8%
Q2 25
-3.6%
8.7%
Q1 25
-9.8%
-5.2%
Q4 24
-9.5%
9.2%
Q3 24
-11.4%
-10.1%
Q2 24
-13.6%
-15.0%
Q1 24
-185.2%
-21.9%
Net Margin
APPS
APPS
WGS
WGS
Q4 25
3.4%
-14.6%
Q3 25
-15.2%
-6.5%
Q2 25
-10.8%
10.5%
Q1 25
-15.8%
-7.5%
Q4 24
-17.2%
5.7%
Q3 24
-21.0%
-10.8%
Q2 24
-21.3%
-41.4%
Q1 24
-210.7%
-32.4%
EPS (diluted)
APPS
APPS
WGS
WGS
Q4 25
$0.03
$-0.59
Q3 25
$-0.20
$-0.27
Q2 25
$-0.13
$0.36
Q1 25
$-0.18
$-0.23
Q4 24
$-0.22
$0.25
Q3 24
$-0.24
$-0.31
Q2 24
$-0.25
$-1.10
Q1 24
$-2.33
$-0.78

Balance Sheet & Financial Strength

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

Metric
APPS
APPS
WGS
WGS
Cash + ST InvestmentsLiquidity on hand
$40.2M
$171.3M
Total DebtLower is stronger
$355.0M
$54.5M
Stockholders' EquityBook value
$194.6M
$308.2M
Total Assets
$858.2M
$523.7M
Debt / EquityLower = less leverage
1.82×
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPS
APPS
WGS
WGS
Q4 25
$40.2M
$171.3M
Q3 25
$38.8M
$155.1M
Q2 25
$33.4M
$134.6M
Q1 25
$39.4M
$159.2M
Q4 24
$34.6M
$141.2M
Q3 24
$32.1M
$116.5M
Q2 24
$35.0M
$106.9M
Q1 24
$32.9M
$112.9M
Total Debt
APPS
APPS
WGS
WGS
Q4 25
$355.0M
$54.5M
Q3 25
$396.4M
$54.8M
Q2 25
$400.5M
$55.1M
Q1 25
$408.7M
$55.5M
Q4 24
$408.2M
$55.8M
Q3 24
$407.6M
$56.1M
Q2 24
$393.8M
$56.3M
Q1 24
$383.5M
$56.3M
Stockholders' Equity
APPS
APPS
WGS
WGS
Q4 25
$194.6M
$308.2M
Q3 25
$148.1M
$292.3M
Q2 25
$152.3M
$277.1M
Q1 25
$154.0M
$257.4M
Q4 24
$163.6M
$245.2M
Q3 24
$182.4M
$204.5M
Q2 24
$196.0M
$194.0M
Q1 24
$213.9M
$207.2M
Total Assets
APPS
APPS
WGS
WGS
Q4 25
$858.2M
$523.7M
Q3 25
$818.7M
$493.9M
Q2 25
$818.4M
$463.9M
Q1 25
$812.9M
$446.4M
Q4 24
$839.7M
$419.4M
Q3 24
$844.5M
$408.8M
Q2 24
$860.2M
$389.1M
Q1 24
$865.5M
$394.5M
Debt / Equity
APPS
APPS
WGS
WGS
Q4 25
1.82×
0.18×
Q3 25
2.68×
0.19×
Q2 25
2.63×
0.20×
Q1 25
2.65×
0.22×
Q4 24
2.50×
0.23×
Q3 24
2.24×
0.27×
Q2 24
2.01×
0.29×
Q1 24
1.79×
0.27×

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
WGS
WGS
Operating Cash FlowLast quarter
$14.2M
$-3.1M
Free Cash FlowOCF − Capex
$-7.4M
FCF MarginFCF / Revenue
-6.1%
Capex IntensityCapex / Revenue
3.6%
Cash ConversionOCF / Net Profit
2.78×
TTM Free Cash FlowTrailing 4 quarters
$14.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APPS
APPS
WGS
WGS
Q4 25
$14.2M
$-3.1M
Q3 25
$14.5M
$15.8M
Q2 25
$8.8M
$10.4M
Q1 25
$11.9M
$10.2M
Q4 24
$10.4M
$-3.2M
Q3 24
$-8.7M
$-4.4M
Q2 24
$-1.4M
$-4.5M
Q1 24
$28.7M
$-16.4M
Free Cash Flow
APPS
APPS
WGS
WGS
Q4 25
$-7.4M
Q3 25
$9.6M
Q2 25
$8.1M
Q1 25
$4.1M
Q4 24
$-6.2M
Q3 24
$-5.0M
Q2 24
$-5.9M
Q1 24
$-16.9M
FCF Margin
APPS
APPS
WGS
WGS
Q4 25
-6.1%
Q3 25
8.2%
Q2 25
7.8%
Q1 25
4.7%
Q4 24
-6.5%
Q3 24
-6.6%
Q2 24
-8.3%
Q1 24
-27.0%
Capex Intensity
APPS
APPS
WGS
WGS
Q4 25
3.6%
Q3 25
5.3%
Q2 25
2.3%
Q1 25
7.0%
Q4 24
3.2%
Q3 24
0.8%
Q2 24
1.9%
Q1 24
0.7%
Cash Conversion
APPS
APPS
WGS
WGS
Q4 25
2.78×
Q3 25
Q2 25
0.96×
Q1 25
Q4 24
-0.59×
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%

WGS
WGS

Diagnostic Test Third Party Insurance$101.1M84%
Diagnostic Test Institutional Customers$15.5M13%
Other$3.4M3%

Related Comparisons