AppLovin Financial Update: Q1 2026

Updated Jun 1, 2026 by AppLovin

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Insights

01
AppLovin reported Q1 2026 revenue of $1.842 billion, representing a 59% year-over-year increase.
02
Net income from continuing operations reached $1.206 billion, a 66% increase that resulted in a 65% net margin.
03
Adjusted EBITDA grew 66% year-over-year to $1.557 billion, achieving an 85% margin compared to 65% in Q1 2025.
04
The company demonstrated strong liquidity with cash flow from operations matching its Adjusted EBITDA of $1.556 billion.
05
Cash and equivalents rose to $2.759 billion, while long-term debt remained stable at $3.514 billion.
06
Diluted earnings per share for the quarter were $3.56 based on 1.053 million average shares outstanding.
07
Operating expenses saw modest growth, with R&D spending increasing to $94 million and sales and marketing rising to $60.8 million.

Insights

01
AppLovin reported Q1 2026 revenue of $1.842 billion, representing a 59% year-over-year increase.
02
Net income from continuing operations reached $1.206 billion, a 66% increase that resulted in a 65% net margin.
03
Adjusted EBITDA grew 66% year-over-year to $1.557 billion, achieving an 85% margin compared to 65% in Q1 2025.
04
The company demonstrated strong liquidity with cash flow from operations matching its Adjusted EBITDA of $1.556 billion.
05
Cash and equivalents rose to $2.759 billion, while long-term debt remained stable at $3.514 billion.
06
Diluted earnings per share for the quarter were $3.56 based on 1.053 million average shares outstanding.
07
Operating expenses saw modest growth, with R&D spending increasing to $94 million and sales and marketing rising to $60.8 million.