AppLovin Posts Q3 Beat, Raises Q4 Outlook and Expands Buyback

AppLovin reported Q3 2026 revenue of $2.18 billion, up 55.5% year over year, while GAAP profit reached $4.30 per share. Net income rose 72% to $1.44 billion, and management guided Q4 revenue to $2.365-$2.395 billion with adjusted EBITDA of $1.995-$2.025 billion. The company repurchased $1.4 billion of shares during the quarter, and its board added $3.2 billion to the buyback authorization.

The Q4 revenue and adjusted EBITDA outlook implies continued strong growth after the Q3 beat and gives investors updated operating targets. The additional $3.2 billion authorization increases AppLovin’s capacity to return capital through future share repurchases.

  • 1Q3 2026 revenue was $2.18 billion, up 55.5% year over year.
  • 2Q3 GAAP profit was $4.30 per share.
  • 3Net income increased 72% to $1.44 billion in Q3.
  • 4AppLovin guided Q4 revenue to $2.365-$2.395 billion and adjusted EBITDA to $1.995-$2.025 billion.
  • 5The company repurchased $1.4 billion of shares during Q3 and increased its total buyback authorization to $3.6 billion.

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