Earnings Releases·Nov 4, 2026, 4:08 PM ET

AppLovin — Third Quarter 2026 Earnings Summary

Revenue reached a record $2.185 billion, up 55% year-over-year, while net income surged 72% to $1.439 billion and Adjusted EBITDA rose 59% to $1.842 billion.
Management issued Q4 2026 guidance projecting revenue between $2.365 billion and $2.395 billion, with Adjusted EBITDA expected between $1.995 billion and $2.025 billion.
The Board increased share repurchase authorization by $3.2 billion to a total of $3.6 billion; the company repurchased 4.1 million shares for $1.4 billion during the quarter.
Cash and cash equivalents grew to $3.174 billion, while long-term debt remained stable at $3.516 billion, with operating cash flow and free cash flow both totaling $1.4 billion.