AppLovin posts 55% Q3 revenue jump, beats estimates and sees strong Q4 guidance
AppLovin reported third‑quarter 2026 revenue of $2.18 billion, up 55% year‑over‑year, and adjusted earnings of $4.30 per share. Net income rose 72% to $1.44 billion and free cash flow reached $1.4 billion. The company added roughly $3.2 billion to its share‑buyback authorization and guided fourth‑quarter revenue to $2.365‑$2.395 billion, implying 43%‑44% growth. Goldman Sachs lifted its price target to $445 from $400 while keeping a Neutral rating.
Why it matters
Goldman Sachs said the higher target reflects the stronger top‑line growth and margin profile. The upbeat Q4 revenue guidance exceeds analyst consensus, which could support a higher valuation for the stock.
Key facts
- 1Q3 2026 revenue was $2.18 billion, up 55% YoY. investing.com
- 2Adjusted earnings per share were $4.30. investing.com
- 3Net income increased 72% to $1.44 billion. ppc.land
- 4The board authorized an additional $3.2 billion for share buybacks. ppc.land
- 5Free cash flow for the quarter was $1.4 billion. finance.yahoo.com
- 6Q4 2026 revenue guidance is $2.365‑$2.395 billion, implying 43%‑44% growth. finance.yahoo.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.