Quarterly ResultMay 6, 2026, 04:15 PM
AppLovin Q1 Revenue +59% to $1.84B; Net Income +109% to $1.21B
AI Summary
AppLovin announced strong first-quarter 2026 financial results, with revenue increasing 59% to $1.84 billion and net income surging 109% to $1.21 billion. Adjusted EBITDA also grew 66% to $1.56 billion. The company generated $1.3 billion in free cash flow and repurchased $1.0 billion worth of Class A common stock. For Q2 2026, AppLovin expects revenue between $1.915 billion and $1.945 billion, and Adjusted EBITDA between $1.615 billion and $1.645 billion.
Key Highlights
- Revenue increased 59% to $1.84 billion for Q1 2026.
- Net income rose 109% to $1.21 billion for Q1 2026.
- Adjusted EBITDA grew 66% to $1.56 billion for Q1 2026.
- Basic EPS was $3.57 and Diluted EPS was $3.56 for Q1 2026.
- Net cash from operating activities was $1.3 billion and Free Cash Flow was $1.3 billion.
- Repurchased 2.2 million shares of Class A common stock for $1.0 billion in Q1 2026.
- Q2 2026 revenue guidance is $1.915 billion to $1.945 billion.
- Q2 2026 Adjusted EBITDA guidance is $1.615 billion to $1.645 billion.