AppLovin Reports Record Revenue and Strategic Expansion in Q2 2026

Earnings Impact 4
โดย GuruFocus·US·Read original
Summary · why it matters

AppLovin reported second-quarter 2026 revenue of $1.92 billion, up 53% year over year, with adjusted EBITDA rising 58% to $1.61 billion and margins expanding approximately 300 basis points. Free cash flow was $863 million, and the company ended the quarter with $3.05 billion in cash against $3.7 billion in total debt, resulting in net leverage of about 0.1 times trailing 12-month adjusted EBITDA. During the quarter, AppLovin repurchased and withheld approximately 1.14 million shares for $551 million, with roughly $1.8 billion remaining under its authorization. For the third quarter, the company expects revenue between $2.055 billion and $2.085 billion, representing 46% to 48% year-over-year growth, and adjusted EBITDA between $1.71 billion and $1.74 billion, up 48% to 50% year over year. The SEC concluded its inquiry with no recommended action, removing a potential overhang, while consumer vertical advertiser spend hit a record, finishing 28% above the fourth quarter of 2025 seasonal peak.

Impact on stocks 1

Artificial Intelligence▲ · 1 stocks
Applovin Corp
APP
▲ PositiveCapitalrelevance

Record revenue and EBITDA, strong guidance, and SEC inquiry closure are positive financial developments.

Theme Impact 1

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