$APP · AppLovin Corp
AppLovin filed an 8-K reporting Q3 2026 results (Item 2.02) and a shareholder-approved reincorporation from Delaware to Nevada (Item 5.07). Revenue rose 55% YoY to $2.185B, net income rose 72% to $1.44B, and GAAP diluted EPS was $4.30. The board added $3.2B to the buyback authorization, bringing the total to $3.6B. Consenting stockholders holding ~67% of voting power approved the Nevada reincorporation.
- Q3 revenue $2.185B, up 55% YoY from $1.405B.
- Net income $1.44B, up 72% YoY; GAAP diluted EPS $4.30.
- Adjusted EBITDA $1.842B, up 59% YoY, at an 84% margin.
- Board added $3.2B to buyback authorization, total now $3.6B.
- Consenting holders with ~67% voting power approved Delaware-to-Nevada reincorporation.
Extended-hours last trade $317.99, up 17.02% vs the $271.75 regular close, as the market rewarded the beat and buyback expansion.
A 55% revenue and 72% profit surge plus a $3.2B buyback expansion signals exceptional momentum and aggressive capital return.
AppLovin's 84% Adjusted EBITDA margin and 55% revenue growth extend its lead among ad-tech peers, reinforcing premium valuation in the sector.
Forward-looking guidance excludes GAAP reconciliation for Adjusted EBITDA due to uncertainty in stock-based compensation and other reconciling items. Buyback execution depends on solvency/surplus requirements, market conditions, and capital allocation strategy.