AppLovin stock faces a higher bar after record quarter
Published on 11/10/2026 at 16:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth Raises The Execution Bar
- AppLovin reported record third-quarter revenue of 2.185 billion US dollars, up 55 percent year over year.
- Net income rose 72 percent to 1.439 billion US dollars, while adjusted EBITDA reached 1.842 billion US dollars.
- Fourth-quarter guidance points to revenue of 2.365 billion to 2.395 billion US dollars and adjusted EBITDA of 1.995 billion to 2.025 billion US dollars.
- The board expanded the current share repurchase authorization to 3.6 billion US dollars.
AppLovin reported record third-quarter results on Wednesday, November 4, 2026, as revenue and profit accelerated. The company now faces a higher execution bar as investors assess whether its advertising models can sustain the pace of expansion.
AppLovin's investor release reported third-quarter revenue of 2.185 billion US dollars, up 55 percent from the year-earlier period. Net income increased 72 percent to 1.439 billion US dollars, while diluted earnings per share reached 4.30 US dollars.
Profitability Remains Elevated
Adjusted EBITDA rose 59 percent to 1.842 billion US dollars, producing an 84 percent margin. The result keeps profitability and cash generation central to the investment case, but the next test is whether customer demand and model performance can support continued expansion.
Fourth-Quarter Guidance Sets The Test
For the fourth quarter, AppLovin guided to revenue of 2.365 billion to 2.395 billion US dollars and adjusted EBITDA of 1.995 billion to 2.025 billion US dollars. The company expects an adjusted EBITDA margin of 84 percent to 85 percent, while continued model improvements and investment in training compute remain important execution factors.
AppLovin stock traded at 353.20 euros on Lang & Schwarz at 16:05 CET on Tuesday, November 10, 2026.
AppLovin Corporation
- ISIN: US03831W1080
- Primary ticker: APP
- Primary exchange: Nasdaq
- Lang & Schwarz price: 353.20 euros at 16:05 CET on November 10, 2026
- Sector: Technology Services
For broader U.S. equity context, see current S&P 500 market coverage.
For investors, the key issue is whether AppLovin can convert its third-quarter momentum into the guided revenue range while maintaining its unusually high profitability. More news and analyses on AppLovin stock.
