AppLovin's revenue grew 55.5% to $2.18 billion in the quarter ended Sep 30, 2026

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, which provides advertising solutions for businesses, reported revenue of $2.18 billion for the quarter ended Sep 30, 2026, up 55.5% from $1.41 billion in the same quarter a year earlier. Net income was $1.44 billion, against $835.55 million a year earlier. The figures come from its Form 10-Q, the quarterly report that US-listed companies file with the SEC, filed on Nov 4, 2026.1^,2^,3^,4^,5^,6^,7^,8^,9

AppLovin says it generates substantially all of its revenue from fees collected from advertisers spending on AppLovin Ads, and that revenue from other services was not material. It reports as a single segment, meaning one part of the company reported on its own, providing advertising solutions through AppLovin Ads, MAX, Adjust and Wurl. The 10-Q puts the quarter's growth down primarily to improved AppLovin Ads performance, where net revenue per installation rose 55% and the volume of installations rose 2%. Revenue leaves out the former Apps Business, which the company classifies as discontinued operations.10^,11^,12^,13^,14

The company splits revenue by the location of the user. The United States brought in $1.1 billion, up 59.6% on the year before and 50.3% of the filing's total revenue; the rest of the world brought in $1.09 billion, up 51.5%, or 49.7% of the total. The United States share was 49.0% a year earlier.15^,16^,17^,18^,19^,20^,21^,22

Operating income, which the 10-Q labels income from operations, was $1.71 billion, up 58.4% from $1.08 billion a year earlier. About 78 cents of each dollar of revenue was left as operating income and 66 cents as net income. Interest expense was $51.07 million, and the provision for income taxes was $305.03 million against $185.40 million a year earlier, an increase the 10-Q says was primarily driven by higher pre-tax income from business operations. Total other income, net was a gain of $34.97 million. Research and development spending rose 132% to $101.82 million, which the 10-Q attributes primarily to a $55.1 million increase in personnel-related expenses tied to stock-based compensation-related payroll costs.23^,24^,25^,26^,27^,28^,29^,30^,31^,3^,32^,33

The company's own adjusted EBITDA, a non-GAAP measure that adjusts net income for items such as interest, taxes and stock-based compensation, was $1.84 billion, an adjusted EBITDA margin of 84.3%; it is not the same kind of figure as the net income above. In its earnings release the same day, AppLovin gave fourth quarter 2026 guidance of revenue between $2.365 billion and $2.395 billion and adjusted EBITDA between $1.995 billion and $2.025 billion. The 10-Q says its board authorized an increase to the share repurchase program of approximately $3.2 billion in October 2026, leaving $3.6 billion available. Our records hold revenue, operating income, net income and diluted earnings per share for this quarter, and they keep one value for each period, the latest filed, so they cannot tell whether the year-earlier figures were restated.34^,35^,36^,37^,38^,39^,40^,41^,42