AppLovin Q3 2026 Revenue Rises 55% to $2.18 Billion as Profit and Cash Flow Grow

How profitable was AppLovin in Q3 2026?

AppLovin generated $1.44 billion in net income, representing a 66% net income margin, while adjusted EBITDA increased 59% to $1.84 billion, with an 84% adjusted EBITDA margin.

Orbitrum Investor Impact

Why does AppLovin's 55% revenue growth matter for investors?

AppLovin's advertising business converted rapid revenue growth into higher earnings and $1.4 billion in quarterly free cash flow, demonstrating substantial profitability and cash generation alongside expansion.

What could the results mean for AppLovin stock?

AppLovin's stronger earnings and cash generation support its investment case, while an additional $3.2 billion in authorized share repurchases brought total authorization to $3.6 billion at the end of October 2026; actual repurchases remain conditional on market conditions and other requirements.

How much revenue does AppLovin expect in Q4 2026?

AppLovin forecasts fourth-quarter revenue of $2.365 billion to $2.395 billion and adjusted EBITDA of $1.995 billion to $2.025 billion, implying an adjusted EBITDA margin of 84% to 85%.

What should AppLovin investors watch after the Q3 earnings report?

The next operational test is whether AppLovin achieves its fourth-quarter revenue and adjusted EBITDA guidance while sustaining profitability as it scales its advertising business in a competitive market.