Global Finance News
05 Nov 2026, 09:43
AppLovin Jumps 16% Premarket as Revenue Surges 55% and Q4 Outlook Stays Strong
AppLovin (NASDAQ: APP) shares jumped about 16% in premarket trading after the company reported record third-quarter revenue and profit, alongside a strong fourth-quarter outlook.
Revenue rose 55% year over year to $2.18 billion, while net income increased 72% to $1.44 billion. Adjusted EBITDA climbed 59% to $1.84 billion, representing an 84% margin.
Diluted EPS reached $4.30, while both operating cash flow and free cash flow were approximately $1.4 billion for the quarter.
AppLovin also continued returning capital to shareholders, repurchasing or withholding 4.1 million shares for $1.4 billion during the quarter. The board later increased the company’s share repurchase authorization by $3.2 billion, bringing total authorization to $3.6 billion.
For the fourth quarter, AppLovin expects revenue of $2.365 billion to $2.395 billion and adjusted EBITDA of $1.995 billion to $2.025 billion, implying an 84%-85% margin.
The 16% premarket gain appears to reflect the combination of rapid revenue growth, exceptional profitability, strong cash generation and a Q4 outlook showing that momentum remains intact.
AppLovin (NASDAQ: APP) shares jumped about 16% in premarket trading after the company reported record third-quarter revenue and profit, alongside a strong fourth-quarter outlook.
Revenue rose 55% year over year to $2.18 billion, while net income increased 72% to $1.44 billion. Adjusted EBITDA climbed 59% to $1.84 billion, representing an 84% margin.
Diluted EPS reached $4.30, while both operating cash flow and free cash flow were approximately $1.4 billion for the quarter.
AppLovin also continued returning capital to shareholders, repurchasing or withholding 4.1 million shares for $1.4 billion during the quarter. The board later increased the company’s share repurchase authorization by $3.2 billion, bringing total authorization to $3.6 billion.
For the fourth quarter, AppLovin expects revenue of $2.365 billion to $2.395 billion and adjusted EBITDA of $1.995 billion to $2.025 billion, implying an 84%-85% margin.
The 16% premarket gain appears to reflect the combination of rapid revenue growth, exceptional profitability, strong cash generation and a Q4 outlook showing that momentum remains intact.
