secwatch.observer — SEC 8-K summary
======================================

Issuer:     AppLovin Corp (APP)
CIK:        0001751008
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001751008-24-000053
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppLovin Q2 revenue $1.08B (+44% YoY), net income $310M (+286%); guides Q3 rev $1.115-1.135B
--------------------------------------------------------------------------------

- Q2 total revenue $1.08B (+44% YoY); net income $310M (+286%) with 29% net margin.
- Adjusted EBITDA $601M (+80% YoY, 56% margin); Software Platform rev $711M (+75% YoY).
- Operating cash flow $455M (+98% YoY); Free Cash Flow $446M (+102% YoY); cash $460M.
- Q3 guidance: revenue $1.115-1.135B, Adjusted EBITDA $630-650M (57% margin).
- Share repurchase: $500M remaining under $1.25B authorization; 4.2M shares withheld for $356M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751008/000175100824000053/0001751008-24-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751008/000175100824000053/app-20240807.htm
  HTML page:      https://secwatch.observer/filing/0001751008-24-000053

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer