AppLovin stock enters new quarter with record earnings and buyback
Published on 11/06/2026 at 12:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRecord quarter lifts growth expectations
- AppLovin increased third-quarter revenue by 55 percent and net income by 72 percent year over year.
- Fourth-quarter revenue guidance of 2.365 billion to 2.395 billion US dollars exceeds the prior quarter and reflects continued expansion.
- The board increased the current share repurchase authorization to 3.6 billion US dollars.
AppLovin reported record third-quarter results on Wednesday, November 4, 2026, as revenue growth, profitability and cash generation all accelerated. The company also raised its share repurchase authorization, giving investors a fresh test of whether its advertising platform can sustain the current pace of expansion.
AppLovin stock traded at 310.75 euros on Lang & Schwarz at 12:38:58 CET on Friday, November 6. The quote was provided by Lang & Schwarz. Investors can follow the real-time quote of AppLovin stock.
Revenue growth and margins strengthen
According to AppLovin's investor release, third-quarter revenue rose to 2.185 billion US dollars from 1.405 billion US dollars a year earlier. Net income increased to 1.439 billion US dollars from 836 million US dollars, while diluted earnings per share rose to 4.30 US dollars from 2.45 US dollars.
Adjusted EBITDA climbed to 1.842 billion US dollars from 1.158 billion US dollars. The adjusted EBITDA margin reached 84 percent, compared with 82 percent in the prior-year quarter, while the net margin widened to 66 percent from 59 percent. The figures show that higher infrastructure and model-related spending did not prevent AppLovin from expanding profitability.
Guidance points to another strong quarter
For the fourth quarter, AppLovin expects revenue between 2.365 billion and 2.395 billion US dollars. Adjusted EBITDA is forecast at 1.995 billion to 2.025 billion US dollars, implying a margin of 84 percent to 85 percent. The outlook keeps advertising demand, model performance and execution at the center of the investment case.
Cash generation provides additional support for the strategy. Free cash flow reached 1.418 billion US dollars in the quarter, up from 1.049 billion US dollars a year earlier. AppLovin repurchased or withheld 4.1 million Class A shares for 1.4 billion US dollars during the quarter and ended September with 331 million Class A and Class B shares outstanding.
Buyback expands capital allocation options
The board approved a 3.2 billion US dollar increase in the share repurchase authorization, taking the total current authorization to 3.6 billion US dollars at the end of October. The authorization does not guarantee future purchases, since the company said any repurchases will depend on market conditions, legal requirements and its broader capital allocation plans.
For investors, the combination of faster revenue growth, high margins and substantial cash generation strengthens the operating backdrop. The valuation debate remains linked to whether AppLovin can maintain advertising momentum and convert new model improvements into durable customer spending.
The broader market context is tracked by the S&P 500.
More earnings commentary and company updates are available in more news and analyses on AppLovin stock.
AppLovin Corporation
- Company: AppLovin Corporation
- ISIN: US03831W1080
- Home exchange: Nasdaq
- Quote: 310.75 euros on Lang & Schwarz, Friday, November 6, 2026, at 12:38:58 CET
- Third-quarter revenue: 2.185 billion US dollars
- Fourth-quarter revenue guidance: 2.365 billion to 2.395 billion US dollars
- Share repurchase authorization: 3.6 billion US dollars
