APP · Technology

AppLovin Corp

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-08

• Gaming Install Demand PressureImportance 20 · Surprise 24
  Third-party analysis says AppLovin’s second-quarter growth was driven almost entirely by pricing, while install volume declined. Sequential growth reportedly decelerated to approximately 4%, indicating softer near-term…

News · 2026-08-06

• Guidance / OutlookImportance 75 · Surprise 60
  AppLovin guided to third-quarter 2026 revenue of approximately $2.075 billion, slightly below the $2.08 billion analyst consensus cited in third-party reporting. Management attributed the second-quarter shortfall…
• Operating Income and MarginsImportance 69 · Surprise 64
  Adjusted EBITDA rose 58% year over year to $1.61 billion in the second quarter of 2026. Adjusted EBITDA margin was approximately 83.8%, compared with 85% EBITDA margin reported for the first quarter. The quarter’s…
• AXON Self-Serve ExpansionImportance 57 · Surprise 42
  AppLovin is opening AXON Ads to self-serve advertisers, broadening access beyond its traditional customer base. The expansion targets new verticals including fintech and connected television in addition to gaming.…
• Liquidity and Debt PositionImportance 36 · Surprise 6
  AppLovin had approximately $3 billion of cash and $3.5 billion of debt following the second quarter of 2026. The company reported a 29x interest-coverage ratio, indicating substantial operating capacity relative to…

10-Q · 2026-08-05

• Supply Chain ConstraintsImportance 76 · Surprise 56
  AppLovin's principal infrastructure requirement is third-party cloud computing capacity supporting its advertising network and AI-powered products. Network infrastructure costs increased 46% in the second quarter and…
• Revenue Performance and MixImportance 69 · Surprise 64
  Second-quarter 2026 revenue increased 53% year over year to $1.924 billion from $1.259 billion. Six-month revenue increased 56% to $3.766 billion from $2.418 billion. AppLovin Ads drove the increase as net revenue per…
• Gaming Install Demand PressureImportance 69 · Surprise 64
  AppLovin Ads revenue increased 53% year over year in the second quarter of 2026 and 56% in the first six months, driven by higher net revenue per installation. Net revenue per installation increased 58% in the quarter…
• Gross Margin DriversImportance 64 · Surprise 56
  Second-quarter 2026 cost of revenue increased 46% to $225.8 million from $155.1 million. Six-month cost of revenue increased 40% to $429.4 million from $306.8 million. The increases were driven primarily by $52.1…
• Capital Return ProgramImportance 64 · Surprise 42
  AppLovin repurchased and retired 3.3 million shares of Class A common stock for $1.5 billion during the six months ended June 30, 2026. The company funded the repurchases as the principal use of its $1.6 billion in net…
• Free Cash FlowImportance 64 · Surprise 56
  Operating cash flow increased 35% year over year to $2.160 billion for the six months ended June 30, 2026 from $1.604 billion. Free cash flow increased 35% to $2.150 billion from $1.594 billion. Property-and-equipment…
• Operating Income and MarginsImportance 62 · Surprise 46
  Second-quarter 2026 income from operations increased 56% year over year to $1.494 billion from $958 million. Six-month operating income increased 63% to $2.934 billion from $1.798 billion. Net margin increased to 65.8%…
• Income Tax Rate ChangesImportance 62 · Surprise 46
  Second-quarter 2026 income-tax provision increased $126.8 million year over year to $239.0 million. Six-month tax provision increased $281.6 million to $464.8 million. The increases primarily reflected higher pretax…
• Operating Expense TrendsImportance 52 · Surprise 56
  Second-quarter sales and marketing expense rose 35% to $63.4 million, driven by a $17.2 million increase in advertising and marketing program costs, partly offset by $3.5 million lower personnel costs. Six-month sales…
• Liquidity and Debt PositionImportance 49 · Surprise 6
  As of June 30, 2026, AppLovin had $3.1 billion of cash and cash equivalents and access to a $1.0 billion unsecured revolving credit facility under its 2024 Credit Agreement. Management believes these resources and…
• AI Innovation InvestmentImportance 40 · Surprise 42
  AppLovin intends to continue significant investment in its AI-powered advertising solutions, including enhancements to its Axon AI recommendation system. Management expects these investments to improve advertiser…
• Products and TechnologyImportance 31 · Surprise 42
  AppLovin provides end-to-end AI-powered advertising solutions through AppLovin Ads, MAX, Adjust, and Wurl. The company is continuing to enhance its Axon AI recommendation system to improve advertiser effectiveness and…
• Advertising Regulatory ScrutinyImportance 29 · Surprise 24
  AppLovin states that its mobile app and advertising ecosystem is subject to an evolving legal and regulatory landscape involving data protection, privacy, and artificial intelligence. Its advertising solutions depend…
• Distribution ChannelsImportance 6 · Surprise 6
  AppLovin Ads is the company's primary direct advertising solution, allowing advertisers to automate, optimize, and manage customer-acquisition campaigns against return-on-ad-spend and other marketing objectives. MAX…

8-K · 2026-08-05

• Guidance and OutlookImportance 75 · Surprise 60
  AppLovin provided third-quarter 2026 revenue guidance of $2.055 billion to $2.085 billion. Third-quarter adjusted EBITDA guidance is $1.710 billion to $1.740 billion. The company guided to an adjusted EBITDA margin of…
• Guidance / OutlookImportance 75 · Surprise 60
  AppLovin guided third-quarter 2026 revenue to $2,055 million-$2,085 million. It forecast Adjusted EBITDA of $1,710 million-$1,740 million and an Adjusted EBITDA margin of 83%. The company did not provide…
• Revenue Performance and MixImportance 62 · Surprise 46
  Second-quarter 2026 revenue was $1.924 billion, up 53% year over year from $1.259 billion. Six-month revenue was $3.766 billion, up 56% from $2.418 billion in the prior-year period. The release does not provide segment…
• Operating Income and MarginsImportance 62 · Surprise 46
  Second-quarter income from operations increased 56% year over year to $1.494 billion from $958 million. Net income from continuing operations rose 64% to $1.267 billion, while continuing-operations net margin increased…
• Operating Expense TrendsImportance 62 · Surprise 46
  Second-quarter research and development expense increased 127% year over year to $99.9 million from $44.0 million. Sales and marketing expense increased 35% to $63.4 million from $46.9 million. General and…
• Income Tax Rate ChangesImportance 62 · Surprise 46
  Second-quarter income tax provision increased 113% year over year to $239.0 million from $112.1 million. Income before income taxes increased 70% to $1.506 billion from $884.0 million. The implied second-quarter…
• Capital Return ProgramImportance 58 · Surprise 42
  AppLovin repurchased and withheld 1.1 million Class A common shares during the second quarter of 2026. The total cost was $551.3 million, including commissions, taxes, fees, and tax withholding related to vested equity…
• Outstanding IndebtednessImportance 42 · Surprise 14
  Long-term debt was $3.515 billion at June 30, 2026, compared with $3.513 billion at December 31, 2025. Second-quarter interest expense was $51.2 million, down slightly from $51.4 million in the prior-year quarter.…
• Free Cash Flow and LiquidityImportance 37 · Surprise 6
  Second-quarter net cash provided by operating activities was $869.0 million and free cash flow was $863.3 million. Property and equipment purchases were $1.4 million and principal finance-lease payments were $4.3…

News · 2026-08-05

• Operating Income and MarginsImportance 69 · Surprise 64
  Adjusted EBITDA rose 58% year over year to $1.61 billion in the second quarter of 2026. Adjusted EBITDA margin was approximately 83.8%, compared with 85% EBITDA margin reported for the first quarter. The quarter’s…
• Revenue Performance and MixImportance 62 · Surprise 46
  AppLovin reported second-quarter 2026 revenue of $1.924 billion for the quarter ended June 30, up 53% from $1.259 billion a year earlier. Revenue increased 4% sequentially from approximately $1.84 billion in the first…
• Capital Return ProgramImportance 46 · Surprise 42
  AppLovin repurchased 3.3 million Class A shares during the second quarter of 2026. The company had $1.8 billion of remaining share-repurchase capacity at June 30, 2026. First-quarter free cash flow of $1.3 billion…
• Advertising Model Improvement TimingImportance 25 · Surprise 42
  AppLovin attributed the second-quarter shortfall relative to expectations primarily to a lighter-than-normal pace of advertising-model improvements. Third-party reporting characterized the issue as model timing rather…

News · 2026-08-04

• Operating Income and MarginsImportance 69 · Surprise 64
  Adjusted EBITDA rose 58% year over year to $1.61 billion in the second quarter of 2026. Adjusted EBITDA margin was approximately 83.8%, compared with 85% EBITDA margin reported for the first quarter. The quarter’s…
• Revenue Performance and MixImportance 62 · Surprise 46
  AppLovin reported second-quarter 2026 revenue of $1.924 billion for the quarter ended June 30, up 53% from $1.259 billion a year earlier. Revenue increased 4% sequentially from approximately $1.84 billion in the first…
• Liquidity and Debt PositionImportance 36 · Surprise 6
  AppLovin had approximately $3 billion of cash and $3.5 billion of debt following the second quarter of 2026. The company reported a 29x interest-coverage ratio, indicating substantial operating capacity relative to…