AppLovin reports 53% revenue growth and guides higher for Q3

AppLovin reported second-quarter 2026 revenue of $1.924 billion, up 53% from $1.259 billion a year earlier, while net income rose 55% to $1.267 billion and adjusted EBITDA increased 58% to $1.614 billion. The company generated $863.3 million in free cash flow and repurchased or withheld 1.1 million shares for $551.3 million; it expects third-quarter revenue of $2.055 billion to $2.085 billion and adjusted EBITDA of $1.710 billion to $1.740 billion.