APP · 10-Q · 2026Q2 · Full report

Operating Income and Margins

AppLovin Corp · 2026-08-05 · Importance 62 · Surprise 46 · No source text

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% from 65.1% in the quarter and to 65.6% from 57.7% for six months. Adjusted EBITDA increased to $1.614 billion in the quarter and $3.171 billion for six months, with margins of 83.9% and 84.2%, respectively, compared with 80.9% in both prior-year periods.

Key facts

• Three months ended June 30, 2026 Net income: $1,266,538 (in thousands). source
• Three months ended June 30, 2026 Net margin: 65.8%. source
• Six months ended June 30, 2026 Net income: $2,472,151 (in thousands). source
• Three months ended June 30, 2026 Income from operations: $1,494,277 (in thousands). source
• Three months ended June 30, 2026 Adjusted EBITDA: $1,613,823 (in thousands) and Adjusted EBITDA margin: 83.9%. source
• Six months ended June 30, 2026 Adjusted EBITDA: $3,170,742 (in thousands) and Adjusted EBITDA margin: 84.2%. source
• Other income (expense), net for the three months ended June 30, 2026: $62,405 (in thousands), an increase of $84.7 million compared to prior year primarily due to a net fair value remeasurement gain of $31.3 million, an increase in interest income of $21.3 million, and an increase in net foreign currency gains of $12.0 million. source

Impact estimates