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AppLovin Corporation (APP)

381.34 +25.24 (+7.09%)
As of 10:59:11 AM EST. Market Open.
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APP Q3 2026 earnings call
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What's happening with APP?

13m ago
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AppLovin reported a strong third quarter, with 55% year-over-year revenue growth, high profitability, and fourth-quarter guidance above consensus. Management also expanded its share-repurchase authorization by $3.2 billion, while analysts raised several targets but remain divided over whether recent artificial-intelligence model gains can continue. APP is up 5.96% today on a full-day basisas of November 6, 2026.

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  • Previous Close 356.10
  • Open 353.50
  • Bid 355.35 x 100
  • Ask 390.00 x 100
  • Day's Range 348.95 - 383.50
  • 52 Week Range 225.19 - 738.01
  • Volume 3,276,339
  • Avg. Volume 5,300,093
  • Market Cap (intraday) 126.346B
  • Beta (5Y Monthly) 2.50
  • PE Ratio (TTM) 25.64
  • EPS (TTM) 14.85
  • Earnings Date Nov 4, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 448.43
  • Morningstar Rating Rating available with Stock Picks access

AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally. It operates through two segments, Advertising and Apps. The company offers Axon Ads Manager, a suite of marketing solutions that enables developers to automate, optimize, and manage marketing efforts; MAX, an in-app bidding technology that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform; and Wurl, a connected TV platform, which distributes streaming video for content companies, provides advertising and publishing solutions. It serves individuals, small and independent businesses, enterprises, advertisers and advertising networks, mobile app publishers, and indie studio developers. The company was incorporated in 2011 and is headquartered in Palo Alto, California.

www.applovin.com

876

Full Time Employees

December 31

Fiscal Year Ends

Recent News

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Performance Overview

Trailing total returns as of 11/6/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

APP
43.48%
S&P 500 (^GSPC)
8.44%

1-Year Return

APP
38.71%
S&P 500 (^GSPC)
10.46%

3-Year Return

APP
866.07%
S&P 500 (^GSPC)
70.03%

5-Year Return

APP
286.74%
S&P 500 (^GSPC)
58.03%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 2.18B
Earnings 1.44B
Profit Margin 65.86%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
500M
1B
2B
2B
65.6%
65.8%
66.0%
66.2%
66.4%

Analyst Insights

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Analyst Price Targets

325.00 Low
448.43 Average
381.34 Current
625.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 11/6/2026
Analyst Wells Fargo
Rating Action Maintains
Rating Equal-Weight
Price Action Raises
Price Target 325 -> 347

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    65.89%

  • Return on Assets (ttm)

    49.56%

  • Return on Equity (ttm)

    210.09%

  • Revenue (ttm)

    7.61B

  • Net Income Avi to Common (ttm)

    5.01B

  • Diluted EPS (ttm)

    14.85

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    3.17B

  • Total Debt/Equity (mrq)

    106.59%

  • Levered Free Cash Flow (ttm)

    3.72B

Company Insights

Research Reports

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