AppLovin Q2 revenue up 53% YoY to $1.92B; EPS $3.76; Q3 guidance above consensus

AppLovin Corp

Revenue $1,924M (+53% YoY); net income $1,267M (+55% YoY); diluted EPS $3.76.
Adjusted EBITDA $1,614M (+58% YoY); free cash flow $863.3M.
Q3 2026 guidance: revenue $2,055-2,085M; Adj. EBITDA $1,710-1,740M (83% margin).
Repurchased 1.1M shares for $551.3M in Q2; 335M shares outstanding at quarter end.

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