AppLovin Corporation: EPS $4.30 vs $4.03 expected; revenue $2.18B vs $2.07B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 4.30 | 4.03 | +6.7% | 2.45 |
| Revenue (USD bn) | 2.18 | 2.07 | +5.1% | 1.41 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Nov 4, 2026 | Q3 FY2026 | 4.30 | 4.03 | +6.7% | 2.18 | 2.07 | +5.1% |
| Aug 5, 2026 | Q2 FY2026 | 3.76 | 3.76 | 0.0% | 1.92 | 1.94 | −0.9% |
| May 6, 2026 | Q1 FY2026 | 3.56 | 3.40 | +4.7% | 1.84 | 1.77 | +3.9% |
| Feb 11, 2026 | Q4 FY2025 | 3.24 | 2.95 | +9.8% | 1.66 | 1.61 | +2.8% |
| Nov 5, 2025 | Q3 FY2025 | 2.45 | 2.38 | +2.9% | 1.41 | 1.34 | +4.7% |
| Aug 6, 2025 | Q2 FY2025 | 2.26 | 1.96 | +15.3% | 1.26 | 1.22 | +2.8% |
| May 7, 2025 | Q1 FY2025 | 1.67 | 1.44 | +16.0% | 1.48 | 1.38 | +7.5% |
| Feb 12, 2025 | Q4 FY2024 | 1.73 | 1.12 | +54.5% | 1.37 | 1.26 | +8.8% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
AppLovin Corporation results: EPS $4.30 vs $4.03 expected; revenue $2.18B vs $2.07B. The results cover the company's Q3 FY2026. EPS came in above analysts' estimate by 6.7%; revenue above the estimate by 5.1%.
Revenue was up 55.2% from $1.41 billion a year earlier (Q3 FY2025). EPS was up 75.5% from $2.45 a year earlier. On its record, EPS topped analysts' estimates in 6 of 7 earlier comparable reports.
What the results mean
AppLovin Corporation reported revenue and profit growth alongside high profit margins and strong cash generation. This highlights the business's ability to convert revenue into earnings and cash, making cash generation an important part of assessing the quality of its results.
The company connects advertiser demand with publishers' advertising inventory through auctions, supported by tools for campaign measurement, optimization and in-app advertising management. Attracting advertiser spending and helping publishers monetize their audiences are central to this model; these mechanisms explain the business without attributing reported growth to a particular product.
The release highlighted share repurchases and an expanded repurchase authorization, placing capital allocation alongside operating performance in assessing the results. Adjusted profitability also excludes items including stock-based compensation, making it useful to consider these measures together with net income and cash flow.
What to watch on the earnings call: Sources of advertising demand growth, the role of campaign measurement and auction tools in attracting advertisers and publishers, and the factors supporting margins and cash generation. Spending, stock-based compensation and management's balance between share repurchases and business needs also merit attention.
For the full analysis of AppLovin Corporation stock — valuation, scores and financial statements — see the stock page linked with this story.
Latest Updates · 2
- Major·
Updated the headline and lead paragraph to reflect the stock price surge following the strong earnings report.
- Major·
Updated headline and lead paragraph to reflect the 21% stock surge and the revenue beat against internal guidance.