Filing Flows › AppLovin (APP) › Guidance history
AppLovin (APP) guidance history: what it guided and what it reported
AppLovin gave guidance in 8 earnings releases on file since Feb 12, 2025. Of 6 guided periods since reported, it met or beat its own guidance 6 times (100%). Revenue: 6 of 6, on average +11.4% against the guided midpoint.
Revenue
Met or beat 6 of 6 periods (5 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $2.4B (Nov 4, 2026) | — | to be reported | — |
| Q3 2026 | $2.1B (Aug 5, 2026) | $2.2B | above the range | +6.3% |
| Q2 2026 | $1.9B (May 6, 2026) | $1.9B | within the range | +0.5% |
| Q1 2026 | $1.7B (Feb 11, 2026) | $1.8B | above the range | +5.6% |
| Q4 2025 | $1.6B (Nov 5, 2025) | $1.7B | above the range | +5.6% |
| Q3 2025 | $1.3B (Aug 6, 2025) | $1.4B | above the range | +6.4% |
| Q1 2025 | $1.0B (Feb 12, 2025) | $1.5B | above the range | +44.1% |
EBITDA
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q1 2026 | $1.5B (Feb 11, 2026) | — | — | — |
| Q4 2025 | $1.3B (Nov 5, 2025) | — | — | — |
| Q3 2025 | $1.1B (Aug 6, 2025) | — | — | — |
| Q1 2025 | $855M (Feb 12, 2025) | — | — | — |
Stock-based compensation
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $1.0M (Nov 4, 2026) | — | to be reported | — |
| Q3 2026 | $1.0M (Aug 5, 2026) | — | — | — |
| Q2 2026 | $1.0M (May 6, 2026) | — | — | — |
| Q1 2026 | $1.0M (Feb 11, 2026) | — | — | — |
| Q2 2025 | $1.0M (May 7, 2025) | — | — | — |
| Q1 2025 | $1.0M (Feb 12, 2025) | — | — | — |
Adjusted EBITDA margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | 84.0% (Nov 4, 2026) | — | to be reported | — |
| Q3 2026 | 83.0% (Aug 5, 2026) | — | — | — |
| Q2 2026 | 84.0% (May 6, 2026) | — | — | — |
| Q1 2026 | 84.0% (Feb 11, 2026) | — | — | — |
| Q4 2025 | 82.0% (Nov 5, 2025) | — | — | — |
| Q3 2025 | 81.0% (Aug 6, 2025) | — | — | — |
| Q2 2025 | 81.0% (May 7, 2025) | — | — | — |
| Q1 2025 | 63.0% (Feb 12, 2025) | — | — | — |
Adjusted EBITDA
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $2.0B (Nov 4, 2026) | — | to be reported | — |
| Q3 2026 | $1.7B (Aug 5, 2026) | — | — | — |
| Q2 2026 | $1.6B (May 6, 2026) | — | — | — |
The latest quarter
AppLovin, Q3 2026: revenue $2.2B (+56% year over year), operating margin 78.2%, net earnings $1.4B, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
Questions
Does AppLovin beat its guidance?
AppLovin gave guidance in 8 earnings releases on file since Feb 12, 2025. Of 6 guided periods since reported, it met or beat its own guidance 6 times (100%). Revenue: 6 of 6, on average +11.4% against the guided midpoint.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.