AppLovin Reports Record Q3 2026 Results Driven by AI Model Rollout and Consumer Vertical Growth
AppLovin (APP) delivered exceptional third-quarter 2026 financial results, reporting revenue of $2.18 billion, a 55% increase year-over-year that exceeded management guidance by approximately $100 million. The company's net income surged 72% to $1.44 billion, supported by an 84% adjusted EBITDA margin. Growth was primarily fueled by the partial rollout of next-generation model architecture in its gaming segment and triple-digit year-over-year growth in consumer vertical spending. The company maintains a highly efficient capital structure with net leverage below 0.1x adjusted EBITDA and continues an aggressive shareholder return program, having repurchased $1.4 billion in shares this quarter. Looking ahead to Q4 2026, AppLovin provided strong guidance with projected revenue between $2.365 billion and $2.395 billion, representing over 40% year-over-year growth.
Tickers: $APP
Topics: EBITDA guidance net income revenue growth share repurchases