7/102 sources · 2 publishersUpdated Nov 11, 21:46 UTC
AppLovin posts Q3 beat, lifts stock 61% and expands buyback
AppLovin reported third‑quarter 2026 revenue of $2.18 billion, topping estimates, and issued fourth‑quarter guidance of $2.365 billion to $2.395 billion, also above forecasts. The board approved an additional $3.2 billion for its share‑repurchase program. The results sent the stock up about 61% in the week, closing at $395.51.
Why it matters
The company’s strong earnings and higher‑than‑expected guidance suggest continued growth, which could support further price appreciation. The expanded buyback signals management’s confidence in the stock’s valuation and may provide additional support for shareholders.
Key facts
- 1Q3 2026 revenue was $2.18 billion, beating the roughly $2.07 billion estimate. tikr.com
- 2Fourth‑quarter 2026 revenue guidance was $2.365 billion to $2.395 billion, above the roughly $2.25 billion analysts expected. tikr.com
- 3The board added $3.2 billion to the share‑repurchase program. tikr.com
- 4AppLovin’s share price closed at $395.51 after the earnings release. finance.yahoo.com
- 5The stock rose about 61% in the week following the results. tikr.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.