APP financials
AppLovin Corporation · end-of-day data as of Oct 16, 2026
AppLovin Corporation
$266.13-32.1%
Buy · 33 analystsPT $483.79 +81.8%
APP reported revenue of $1.92B for the quarter ended Jun 30, 2026 (Q2 FY2026), up 52.8% from a year earlier. It posted diluted EPS of $3.76, free cash flow of $869M and a net margin of 65.8%.
Valuation
- P/E20.5x
- P/E vs own-64.4%
- P/E vs sector-38.7%
- FCF yield+5.0%
- Market cap$89.4B
Quarterly results
Q2 FY2026: Revenue +52.8% year over year, free cash flow 45.2% of revenue, operating margin 77.7%.
RevenueFree cash flow
| Q2 FY2026 | Jun 30, 2026 | $1.92B | 3.76 | $869M | 88.3% | 77.7% | 65.8% |
| Q1 FY2026 | Mar 31, 2026 | $1.84B | 3.56 | $1.29B | 88.9% | 78.2% | 65.4% |
| Q4 FY2025 | Dec 31, 2025 | $1.66B | 3.24 | $1.29B | 88.9% | 76.9% | 66.5% |
| Q3 FY2025 | Sep 30, 2025 | $1.41B | 2.45 | $1.05B | 87.6% | 76.8% | 59.5% |
| Q2 FY2025 | Jun 30, 2025 | $1.26B | 2.39 | $772M | 87.7% | 76.1% | 65.1% |
| Q1 FY2025 | Mar 31, 2025 | $1.16B | 1.67 | $832M | 86.9% | 72.5% | 49.7% |
| Q4 FY2024 | Dec 31, 2024 | $1.37B | 1.73 | $696M | 76.7% | 44.3% | 43.6% |
| Q3 FY2024 | Sep 30, 2024 | $835M | 1.25 | $548M | 85.5% | 64.0% | 52.0% |
| Q2 FY2024 | Jun 30, 2024 | $711M | 0.89 | $455M | 82.9% | 54.1% | 43.6% |
| Q1 FY2024 | Mar 31, 2024 | $1.06B | 0.67 | $393M | 72.2% | 32.1% | 22.3% |
| Q4 FY2023 | Dec 31, 2023 | $953M | 0.49 | $350M | 71.3% | 28.3% | 18.1% |
| Q3 FY2023 | Sep 30, 2023 | $864M | 0.30 | $186M | 69.3% | 21.6% | 12.6% |