(Mark One) For the quarterly period ended June 30, 2026 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-35958 DIGITAL TURBINE, INC. (Exact Name of Registrant as Specified in Its Charter) 22-2267658(I.R.S. EmployerIdentification No.)78701(Zip Code) Delaware (State or Other Jurisdiction ofIncorporation or Organization)110 San Antonio Street, Suite 160, Austin, TX(Address of Principal Executive Offices) (512) 387-7717(Registrant’s Telephone Number, Including Area Code)Securities Registered Pursuant to Section 12(b) of the Act: Common Stock, Par Value $0.0001 Per ShareAPPSThe Nasdaq Stock Market LLC(NASDAQ Capital Market)(Title of Class)(Trading Symbol)(Name of Each Exchange on Which Registered) Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuantto Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrantwas required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large Accelerated Filer☐Non-Accelerated Filer☐Emerging Growth Company☐ Accelerated Filer☒SmallerReportingCompany☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒As of July31, 2026, the Company had 121,016,250 shares of its common stock, $0.0001 par value per share, outstanding. DIGITAL TURBINE, INC. QUARTERLY REPORT ON FORM 10-QFOR THE QUARTER ENDED June 30, 2026 TABLE OF CONTENTS PART IFINANCIAL INFORMATION3ITEM 1.CONSOLIDATED FINANCIAL STATEMENTS3CONDENSED CONSOLIDATED BALANCE SHEETS3CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME(LOSS)4CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS5CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY7NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS8ITEM 2.MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS23ITEM 3.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK32ITEM 4.CONTROLS AND PROCEDURES32PART IIOTHER INFORMATION33ITEM 1.LEGAL PROCEEDINGS33ITEM 1A.RISK FACTORS33ITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS33ITEM 3.DEFAULTS UPON SENIOR SECURITIES33ITEM 4.MINE SAFETY DISCLOSURES33ITEM 5.OTHER INFORMATION33ITEM 6.EXHIBITS34SIGNATURES34 PART I - FINANCIAL INFORMATION Digital Turbine, Inc. and SubsidiariesCondensed Consolidated Balance Sheets(in thousands, except par value and share amounts)(Unaudited) June 30, 2026March 31, 2026 Digital Turbine, Inc. and SubsidiariesCondensed Consolidated Statements of Operations and Comprehensive Income (Loss)(in thousands, except per share amounts)(Unaudited) Digital Turbine, Inc. and SubsidiariesCondensed Consolidated Statements of Cash Flows(in thousands)(Unaudited) Digital Turbine, Inc. and SubsidiariesCondensed Consolidated Statements of Cash Flows(in thousands)(Unaudited) The accompanying notes are an integral part of these condensed consolidated financial statements. Digital Turbine, Inc. and SubsidiariesCondensed Consolidated Statements of Stockholders’ Equity(in thousands, except share counts)(Unaudited) Digital Turbine, Inc. and SubsidiariesNotes to Condensed Consolidated Financial Statements(in thousands, except share and per share amounts) Note 1—Description of Business Digital Turbine, Inc., through its subsidiaries (collectively “Digital Turbine,” or the “Company”), is a leadingindependent mobile growth platform that levels up the landscape for advertisers, publishers, carriers, and device originalequipment manufacturers (“OEMs”). The Company offers end-to-end products and solutions leveraging proprietarytechnology to all participants in the mobile application ecosystem, enabling brand discovery and advertising, useracquisition and engagement, and operational efficiency for advertisers. In addition, the Company’s products and solutionsprovide monetization opportunities for OEMs, carriers, and application (“app” or “apps”) publishers