AppLovin has transformed into a hypergrowth software platform, with revenue accelerating 52.8% YoY to $1.9B in 2026Q2 and gross margins expanding to 88.3%. The company's asset-light model and disciplined cost structure have driven operating margins to 77.7%, w...
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Revenue surged 52.8% YoY to $1.9B in 2026Q2, with gross margin expanding to 88.3% and operating margin reaching 77.7%, reflecting exceptional operating leverage.
AppLovin's AI-powered ad monetization platform is a key growth driver, enabling efficient customer acquisition and performance measurement.
The company benefits from strong tailwinds in the digital advertising space, driving revenue growth and market expansion.
AppLovin's shift to a capital-light software model enhances profitability and scalability, supporting long-term growth.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 5, 2026 | $3.76+0.0% vs $3.76 | $1.9B-0.9% vs $1.9B |
Q2 2026 May 6, 2026 | $3.56+4.7% vs $3.40 | $1.8B+3.9% vs $1.8B |
Q1 2026 Feb 11, 2026 | $3.24+9.8% vs $2.95 | $1.7B+2.8% vs $1.6B |
Q4 2025 Nov 5, 2025 | $2.45+2.9% vs $2.38 | $1.4B+4.7% vs $1.3B |
Index-removal flows are still pressuring The Trade Desk (NASDAQ:TTD | TTD Price Prediction) on Tuesday morning, and its ad-tech peers are moving with it rather than against it.
AppLovin's AI advertising platform is expanding into new markets despite a recent stumble. The Trade Desk is navigating its slowest growth in years with no clear near-term catalyst.
AppLovin's 36% three-month slide contrasts with 52% revenue growth and stronger Q3 guidance, but AI model timing and scaling risks cloud the rebound.
AppLovin (APP) is rated Buy, with attractive valuation and strong near- and long-term growth prospects driven by Axon model improvements and Consumer segment expansion. Q2 2026 saw 53% Y/Y revenue growth, 84% adjusted EBITDA margin, and robust free cash flow, despite sequential growth slowdown attributed to Axon model timing. Q3 guidance anticipates sequential revenue growth acceleration to 7-8%, supported by the latest Axon release and increasing spend from existing non-Gaming Consumer advertisers.
Benchmark APP against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for AppLovin Corporation (APP)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $328.73 | $110.43B | 33.72 | 69.99% | 60.83% | 206.78% | — | |
| $24.80 | $3.55B | 26.11 | 6.85% | 22.49% | 18.62% | — | |
| $10.34 | $1.74B | 44.96 | 11.75% | 7.91% | 4.43% | — | |
| $13.40 | $2.06B | 44.67 | 13.92% | 7.66% | 5.37% | — | |
| $13.18 | $6.2B | 14.48 | 18.47% | 13.61% | 16.09% | — | |
| $17.77 | $829.92M | -57.32 | -2.86% | -4.66% | -5.41% | — |
AppLovin Corporation (APP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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AppLovin Corporation (APP) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 5, 2026·SEC
Jun 5, 2026·SEC
May 6, 2026·SEC
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AppLovin Corporation (APP) stock FAQ — growth, dividends, profitability & financials explained
AppLovin Corporation (APP) reported $6.83B in revenue for fiscal year 2025. This represents a 1313% increase from $483.4M in 2018.
AppLovin Corporation (APP) grew revenue by 70.0% over the past year. This is strong growth.
Yes, AppLovin Corporation (APP) is profitable, generating $4.41B in net income for fiscal year 2025 (60.8% net margin).
AppLovin Corporation (APP) has a return on equity (ROE) of 206.8%. This is excellent, indicating efficient use of shareholder capital.
AppLovin Corporation (APP) generated $4.50B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
