Digital Turbine, Inc. shares fell more than 20% in after-hours trading on November 9, 2026, after the Company reported second-quarter results showing that the cost of revenue it shares with its partners had climbed sharply, with reports indicating the Company had corrected previously understated first-quarter revenue-share expense. The decline followed an earlier drop of nearly 17% on October 30, 2026, when Digital Turbine unexpectedly delayed the release of its second-quarter results by one week, stating that it needed additional time to complete its review of the quarter's financial statements. In August 2026, the Company had reported first-quarter results that emphasized strong gross margins and adjusted EBITDA. The revenue-share costs the Company pays to its partners are a direct input into the margin and profitability figures investors relied upon, and the second-quarter report placed those costs at a sharply higher level than the first-quarter presentation had indicated. The sequence -- an August quarter presented on strong margins, an unexplained scheduling delay at the end of October tied to a financial statement review, and a November report reflecting corrected revenue-share expense -- left shareholders holding losses across two separate trading reactions. The investigation concerns whether Digital Turbine adequately disclosed the cost of the revenue it shares with its partners and the resulting impact on its profitability ahead of its November 9, 2026 second-quarter report.