{"schema_version":"secwatch.filing_event.v1","accession":"0001751008-25-000051","form_type":"8-K","ticker":"APP","cik":"0001751008","company_name":"AppLovin Corp","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.585162+00:00","generated_at":"2026-05-22T08:35:38.998596+00:00","sec_items":["1.01","2.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"AppLovin sells gaming business for $400M cash and 20% equity; Q1 revenue up 40% YoY","bullets":["Q1 total revenue $1.48B (+40% YoY); Advertising revenue $1.16B (+71% YoY); Net income $576M (+144% YoY).","Q1 Adjusted EBITDA $1.005B (+83% YoY); Free Cash Flow $826M; repurchased $1.2B in stock.","Agreement to sell mobile gaming business to Tripledot for $400M cash ($150M at close + $250M note) and ~20% equity stake.","Apps (gaming) revenue declined 14% YoY to $325M; sale expected to close Q2 2025 pending regulatory approval.","Q2 guidance: Advertising revenue $1.195-$1.215B; Advertising Adjusted EBITDA margin ~81%."],"urls":{"canonical":"https://secwatch.observer/filing/0001751008-25-000051","json":"https://secwatch.observer/filing/0001751008-25-000051.json","markdown":"https://secwatch.observer/filing/0001751008-25-000051.md","text":"https://secwatch.observer/filing/0001751008-25-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1751008/000175100825000051/0001751008-25-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1751008/000175100825000051/app-20250507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T08:35:38.998596+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}