Stock

# AppLovin (APP)

AppLovin reports Q3 on 2026-11-04 after guiding revenue of $2,055-2,085 million; a securities class action filed in September has a lead-plaintiff deadline of 2026-11-16.

Updated Oct 29, 2026

Information and analysis only, not a recommendation to buy, sell or hold any security. The author may own securities discussed.

Researched and drafted with AI agents. Every figure is taken from a source cited on the page.

Analysis and information

## What it does

AppLovin runs a marketing platform whose software helps businesses of every size reach customers through advertising. Its business runs at very high margins: adjusted EBITDA was 84% of revenue in Q2 2026.

## Role in the theme

In **Platforms and software**, AppLovin is the advertising software company, and its results depend on how well its ad models perform for advertisers.

## Latest

No company news was found from 2026-10-15 to 2026-10-29. The most recent results and events:
- **2026-08-05 (most recent results):** Q2 revenue rose 53% to $1,924 million. Net income was $1,267 million. Adjusted EBITDA was $1,614 million and free cash flow was $863.3 million.
- **2026-08-05:** Q3 guidance: revenue of $2,055-2,085 million and adjusted EBITDA of $1,710-1,740 million.
- **2026-08-06:** The shares fell 19.66% to $335.67, as cited in a later securities complaint.
- **2026-09-16:** A securities class action was filed in federal court in Northern California for investors who acquired shares from 2026-02-12 to 2026-08-05. It alleges the company overstated how steadily its AI advertising models were improving. These are allegations only; the company has not responded in court and no class has been certified.

## What to watch

- Q3 revenue against the $2,055-2,085 million guidance.
- The class action: the deadline to seek the lead-plaintiff role is 2026-11-16.
- Next report: Q3 2026 results on 2026-11-04 after the close, with a webinar at 5:00 p.m. ET (confirmed).

## Covered in

- Theme: [Platforms and software](/research/themes/platforms-software)

## Sources

Primary means the publisher of the data or the filing; secondary means press or an aggregator.
- [AppLovin Q2 2026 results (8-K exhibit 99.1)](https://www.sec.gov/Archives/edgar/data/1751008/000175100826000057/exhibit991-2q26earningspre.htm)Primary 2026-08-05
- [AppLovin to announce Q3 2026 results](https://investors.applovin.com/news/news-details/2026/AppLovin-to-Announce-Third-Quarter-2026-Results/default.aspx)Primary 2026-10-07
- [AppLovin securities class action: case summary](https://openclassactions.com/lawsuits/applovin-securities-class-action.php)Secondary 2026-10-02
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