Digital Turbine, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

12 Months Ended

Mar. 31, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill

Changes in the carrying amount of goodwill by segment for the years ended March 31, 2026 and 2025:


	ODS		AGP		Total
Goodwill as of March 31, 2024	$	80,176	$	139,896	$	220,072
Acquisition (Note 3)	—		1,785		1,785
Foreign currency translation	—		(116)		(116)
Goodwill as of March 31, 2025	80,176		141,565		221,741






Foreign currency translation	—		1,312		1,312
Goodwill as of March 31, 2026	$	80,176	$	142,877	$	223,053

Accumulated goodwill impairment on our consolidated balance sheet was $336,640 as of March 31, 2026 and 2025. See Note 2—Basis of Presentation and Summary of Significant Accounting Policies for discussion of the goodwill impairment recorded during the year ended March 31, 2024.

Intangible Assets

The components of intangible assets, net as of March 31, 2026 and 2025 were as follows:


	As of March 31, 2026

	Weighted-Average Remaining Useful Life	Cost		Accumulated Amortization		Net
Customer relationships	10.36 years	$	137,836	$	(48,670)	$	89,166
Developed technology	2.38 years	145,487		(99,268)		46,219

Publisher relationships	14.92 years	109,542		(27,479)		82,063
Total		$	392,865	$	(175,417)	$	217,448


	As of March 31, 2025
	Weighted-Average Remaining Useful Life	Cost		Accumulated Amortization		Net
Customer relationships	11.29 years	$	137,094	$	(39,153)	$	97,941
Developed technology	3.34 years	144,948		(78,526)		66,422
Trade names	0.33 years	69,966		(63,844)		6,122
Publisher relationships	15.89 years	108,879		(21,667)		87,212
Total		$	460,887	$	(203,190)	$	257,697

During the fiscal years ended March 31, 2026, 2025, and 2024, the Company recorded amortization expense of $41,598, $55,612, and $64,358, respectively, in general and administrative expenses on the consolidated statements of operations and comprehensive income (loss).

During the years ended March 31, 2026 and 2025, certain fully amortized intangible assets of approximately $70,242 and $31,000, respectively, were removed from gross intangible assets and accumulated amortization, with no corresponding impact to the consolidated statements of operations and comprehensive income (loss). Once an intangible asset is fully amortized, it's the Company's policy to remove both its cost and accumulated amortization from its consolidated balance sheet.

Estimated amortization expense as of March 31, 2026 is expected to be as follows:


Fiscal year 2027	$	35,412
Fiscal year 2028	35,412
Fiscal year 2029	18,458
Fiscal year 2030	14,654
Fiscal year 2031	14,482
Thereafter	99,030
Total	$	217,448

The expected amortization expense is an estimate. Actual amounts of amortization expense may differ from estimated amounts due to additional intangible asset acquisitions, changes in foreign currency exchange rates, impairment of intangible assets, future changes to expected asset lives of intangible assets and other events.