---
schema_version: "secwatch.filing_event.v1"
accession: "0001751008-23-000070"
form_type: "8-K"
ticker: "APP"
cik: "0001751008"
company_name: "AppLovin Corp"
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:51:14.779272+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AppLovin Q3 revenue $864M (+21% YoY); CFO Herald Chen to step down, Stumpf named CFO

## Summary
- Revenue $864M (+21% YoY), net income $109M, Adj EBITDA $419M (+63% YoY), above guidance.
- Software Platform revenue record $504M (+65% YoY), Adj EBITDA $364M, margin 72%.
- Apps revenue $360M (-11% YoY), Adj EBITDA $55M (-18% YoY), margin 15%.
- Q4 guidance: revenue $910-930M, Adj EBITDA $420-440M.
- President/CFO Herald Chen resigns; Matt Stumpf appointed CFO effective Jan 1, 2024.

## SEC filing metadata
- accession: 0001751008-23-000070
- form_type: 8-K
- ticker: APP
- cik: 0001751008
- company_name: AppLovin Corp
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1751008/000175100823000070/0001751008-23-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1751008/000175100823000070/app-20231103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001751008-23-000070
- JSON: https://secwatch.observer/filing/0001751008-23-000070.json
- Plain text: https://secwatch.observer/filing/0001751008-23-000070.txt

## Key facts
- Earnings Releases
  AppLovin Corp reported the quarter ended September 30, 2023 results: revenue $864 million, net income $109 million. Guidance reaffirmed.
  - Period: the quarter ended September 30, 2023
  - Revenue: $864 million
  - Net income: $109 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: 2.0, our AI-based advertising engine behind our AppDiscovery platform. Financial highlights for the third quarter of 2023 include: ● Total revenue grew 21% year-over-year to $864 million, and net income improved to $109 million at a net margin of 13% ● Adjusted EBITDA grew 63% year-over-year to $419 million at an Adjusted EBITDA margin improved of 49% ● Net cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1751008/000175100823000070/0001751008-23-000070-index.htm
- Executive change
  Matthew Stumpf was appointed as Chief Financial Officer at AppLovin Corp.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On November 3, 2023, the Company’s board of directors (the “Board”) appointed Matthew Stumpf, the Company’s current Vice President of Finance and FP&A, to serve as Chief Financial Officer, effective as of January 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1751008/000175100823000070/0001751008-23-000070-index.htm
- Executive change
  Herald Chen resigned as President and Chief Financial Officer at AppLovin Corp.
  - Action: resigned
  - Role: President and Chief Financial Officer
  source text: On November 3, 2023, Herald Chen, the Company's President and Chief Financial Officer, informed the Company that he will resign from his management roles, effective as of December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1751008/000175100823000070/0001751008-23-000070-index.htm
- Executive change
  Dmitriy Dorosh changed role as Principal Accounting Officer at AppLovin Corp.
  - Action: designated
  - Role: Principal Accounting Officer
  source text: Effective as of January 1, 2024, Mr. Stumpf will be deemed the Company’s principal financial officer and Dmitriy Dorosh, the Company’s current Vice President, Controller, will be deemed the Company’s principal accounting officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1751008/000175100823000070/0001751008-23-000070-index.htm

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