$APP · AppLovin Corp
AppLovin filed its Q3 FY2026 10-Q, reporting revenue of $2.185B, up 55.5% YoY from $1.405B. Net income reached $1.439B versus $835.5M a year earlier, with diluted EPS of $4.30 versus $2.45. Operating margin hit 78.2%, and nine-month revenue totaled $5.951B against $3.823B in the prior-year period.
- Q3 revenue of $2.185B grew 55.5% YoY from $1.405B.
- Net income of $1.439B nearly doubled from $835.5M a year ago.
- Diluted EPS of $4.30 versus $2.45 in Q3 2025.
- Operating margin reached 78.2% on income from operations of $1.709B.
- Repurchased $1.375B of Class A stock in Q3; $2.92B over nine months.
Extended-hours trading shows shares at $331.25, up 21.90% from the $271.75 regular close, signaling strong investor enthusiasm for the results.
AppLovin's accelerating 55.5% revenue growth and 78.2% operating margin show its AI ad engine compounding profitability at scale.
AppLovin's AI-driven ad platform growth contrasts with slower ad-tech peers, reinforcing its premium positioning in the sector.
R&D expense more than doubled to $101.8M from $43.9M, reflecting heavy AI investment; stock-based compensation rose to $84.2M from $33.8M. The filing flags regulatory, privacy, and AI-related risks as key uncertainties.