AppLovin stock posts 53 percent Q2 revenue growth
Published on 09/24/2026 at 23:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
AppLovin stock stood at USD 312.47 on Nasdaq on September 24, 2026, while the company reported Q2 2026 revenue growth of 53 percent to USD 1.92 billion. The result keeps advertising technology growth at the center of the valuation debate.
Revenue grows despite guidance miss
According to ScanX on September 18, 2026, Q2 revenue came in below the USD 1.94 billion consensus estimate. The shortfall was measured against expectations, not against the prior year, when the latest quarterly increase reached 53 percent.
Profitability remained the stronger part of the report. Adjusted EBITDA reached USD 1.61 billion in Q2 2026, an increase of 58 percent year over year, while free cash flow totaled USD 863 million, according to ScanX.
Q3 guidance sets the next test
Management's Q3 revenue guidance stands at USD 2.055 billion to USD 2.085 billion, with a midpoint of USD 2.07 billion. The range implies 7 percent to 8 percent sequential growth from Q2 and makes model performance, consumer advertising expansion and computing costs the key operating variables.
The Q2 figures show why investors are weighing growth against execution. Revenue expanded by 53 percent year over year, yet the quarter fell short of the USD 1.94 billion estimate. That combination leaves the next guidance range as the clearest benchmark for the shares.
Stock trades near yearly low
At USD 312.47 on Nasdaq on September 24, 2026, AppLovin stock was USD 14.97 above its 52-week low of USD 297.50 and USD 433.14 below its 52-week high of USD 745.61. The market capitalization stood at USD 104,971,018,377 on the same date.
AppLovin stock data
- Company: AppLovin Corporation
- Ticker: APP
- Trading venue: NASDAQ
- Price as of September 24, 2026: USD 312.47
- Market capitalization: USD 104,971,018,377 as of September 24, 2026
- 52-week range: USD 297.50-745.61 as of September 24, 2026
- Sector / Industry: Communication Services / Advertising Agencies
