AppLovin 8-K
PositiveEarningsNew guidance
Class A share repurchases and withholding trimmed the share count; Q3 guidance calls for further revenue growth at an 83% adjusted EBITDA margin.
Filed 2026-08-05 16:06 ET
- 2.02 Results of Operations
- 9.01 Financial Statements and Exhibits
Summary
Q2 2026 results with Q3 guidance. AppLovin reported 53% Y/Y revenue growth and 55% growth in net income; net income from continuing operations rose 64%. Q3 guidance calls for further revenue growth and an 83% adjusted EBITDA margin.
Key Figures
| Metric | Q2 2026 | Q2 2025 | Y/Y |
|---|---|---|---|
| Revenue | $1.92B | $1.26B | 53% |
| Operating income | $1.49B | $958M | 56% |
| Net income | $1.27B | $820M | 55% |
| Net income from continuing operations | $1.27B | $772M | 64% |
| Diluted EPS | $3.76 | $2.39 | 57% |
| Adjusted EBITDA, non-GAAP | $1.61B | $1.02B | 58% |
| Net cash from operating activities | $869M | $772M | 13% |
| Free cash flow, non-GAAP | $863M | $768M | 12% |
| Adjusted EBITDA margin, non-GAAP | 84% | 81% | +300 bp |
- H1 2026 revenue was $3.77B vs $2.42B (+56%); net income was $2.47B vs $1.40B (+77%), including $2.47B from continuing operations vs $1.50B (+65%); adjusted EBITDA was $3.17B vs $1.96B (+62%). Growth extended across the first six months.
- AppLovin repurchased and withheld 1.1M Class A shares for $551M in Q2. At quarter-end, 335M Class A and Class B shares were outstanding, down 3.0M from 12/31/2025. Cash was $3.05B and long-term debt was $3.52B at 6/30/2026.
Guidance
| Metric | Period | Guidance | Prior | Direction |
|---|---|---|---|---|
| Revenue | Q3 2026 | $2.055B-$2.085B | — | — |
| Adjusted EBITDA, non-GAAP | Q3 2026 | $1.710B-$1.740B | — | — |
| Adjusted EBITDA margin, non-GAAP | Q3 2026 | 83% | — | — |
Investor Takeaways
- Q3 revenue, adjusted EBITDA and margin vs guidance will show whether the reported growth and profitability carry into the next quarter.
The summary is written by an AI model reading the filing.
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