AppLovin's quarterly revenue rises 53% to $1.92 billion

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

AppLovin, whose advertising clients range from indie developer studios to Meta and Google, reported revenue of $1.92 billion for the quarter ended Jun 30, 2026, up 53% from $1.26 billion a year earlier. Operating income was $1.49 billion, up 56% from $957.68 million. Net income was $1.27 billion, against $819.53 million a year earlier. Revenue leaves out AppLovin's former Apps Business, which is classified as discontinued operations; the net income of a year earlier includes $47.68 million from it, and its net income from continuing operations was $771.86 million. Diluted earnings per share were $3.76, against $2.39. The results come from a Form 10-Q, the quarterly report US-listed companies file with the SEC, filed on Aug 5, 2026; the outlook and share repurchase figures come from the company's earnings release.1^,2^,3^,4^,5^,6^,7^,8^,9^,10^,11^,12^,13^,14^,15^,16

The 10-Q says revenue rose by $664.9 million because AppLovin Ads performed better: net revenue per installation was up 58%, partly offset by 2% fewer installations. AppLovin Ads makes up the vast majority of revenue. Mobile app developers depend on the Apple App Store and Google Play Store to distribute apps and collect in-app payments, and the filing notes that policy changes there can drive rapid change across the mobile app and advertising ecosystems. AppLovin also plans to expand into areas outside of gaming, such as e-commerce and connected TV (CTV).17^,18^,19^,20^,21

Adjusted EBITDA, a non-GAAP measure the company defines itself, was $1.61 billion, against $1.02 billion a year earlier, a margin of 83.9% against 80.9%. For the third quarter, the company guides to revenue of $2.055 billion to $2.085 billion. In the second quarter it repurchased and withheld 1.1 million of its shares at a total cost of $551.3 million.22^,23^,24^,25^,26

On Apr 7, 2026, AppLovin said that Basil Shikin would step down as chief technology officer effective Jul 1, 2026 and stay on as a distinguished engineer.27^,28

In our records, the 10-Q's tagged data carries no revenue split by product or segment, and a year-earlier figure of an SEC filer is kept as the latest filed, so we cannot tell whether this filing's year-earlier figures were restated.29^,30