---
schema_version: "secwatch.filing_event.v1"
accession: "0001751008-23-000047"
form_type: "8-K"
ticker: "APP"
cik: "0001751008"
company_name: "AppLovin Corp"
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:43:47.940315+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AppLovin Q1 revenue $715M beats guidance; Software Platform revenue record $355M

## Summary
- Total revenue $715M, above quarterly guidance top end of $705M; Software Platform revenue $355M (record, +16% QoQ).
- Net loss narrowed to $5M from $115M YoY; Adjusted EBITDA $274M at 38% margin, above guidance.
- Cash from operations $289M, Free Cash Flow $283M; cash and equivalents $1.2B.
- Repurchased $202M of Class A common stock YTD through May 8; $210M remaining under $750M authorization.
- Q2 guidance: revenue $710-730M, Adj EBITDA $280-300M (39-41% margin).

## SEC filing metadata
- accession: 0001751008-23-000047
- form_type: 8-K
- ticker: APP
- cik: 0001751008
- company_name: AppLovin Corp
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1751008/000175100823000047/0001751008-23-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1751008/000175100823000047/app-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001751008-23-000047
- JSON: https://secwatch.observer/filing/0001751008-23-000047.json
- Plain text: https://secwatch.observer/filing/0001751008-23-000047.txt

## Key facts
- Earnings Releases
  AppLovin Corp reported the quarter ended March 31, 2023 results: revenue $715 million, net income net loss was $5 million.
  - Period: the quarter ended March 31, 2023
  - Revenue: $715 million
  - Net income: net loss was $5 million
  - Result: reported results
  source text: leading solutions which led to record quarterly Software Platform revenue of $355 million, an increase of 16% over the prior quarter. Total revenue for the first quarter grew to $715 million, above the top end of our quarterly guidance by $10 million. Our net loss was $5 million, net margin was (1)%, and Adjusted EBITDA was $274 million, slightly above the top end of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1751008/000175100823000047/0001751008-23-000047-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.