Filing Flows › AppLovin (APP) › Q2 2026 › vs Q1 2026
AppLovin (APP) Q2 2026 vs Q1 2026 (quarter over quarter)
AppLovin's revenue rose $81.2M (+4%) from $1.8B in Q1 2026 to $1.9B in Q2 2026. Operating margin 77.7% against 78.2% (-0.5 pts).
AppLovin, Q2 2026: revenue $1.9B (+53% year over year), operating margin 77.7%, net earnings $1.3B, operating cash flow $869M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 77.7% | 78.2% | -0.5 pts |
| Net margin | 65.8% | 65.4% | +0.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $81.2M | +4% |
| Other income, net | $11.2M | −$8.5M | $19.8M | — |
| Operating profit | $1.5B | $1.4B | $54.3M | +4% |
| Costs & expenses | $429M | $403M | $26.9M | +7% |
| Pre-tax earnings | $1.5B | $1.4B | $74.1M | +5% |
| Cost of revenue | $226M | $204M | $22.2M | +11% |
| Research & development | $99.9M | $94.1M | $5.8M | +6% |
| Sales & marketing | $63.4M | $60.8M | $2.6M | +4% |
| General & admin | $40.3M | $44.0M | −$3.7M | -8% |
| Net earnings | $1.3B | $1.2B | $60.9M | +5% |
| Income tax | $239M | $226M | $13.2M | +6% |
| Depreciation & amortization | $32.6M | $33.7M | −$1.1M | -3% |
| Share-based compensation | $85.6M | $83.4M | $2.2M | +3% |
| Working capital & other | $516M | $31.3M | $484M | 16× |
| Operating cash flow | $869M | $1.3B | −$422M | -33% |
Questions
How much did AppLovin's revenue grow quarter over quarter in Q2 2026?
AppLovin's revenue rose $81.2M (+4%) from $1.8B in Q1 2026 to $1.9B in Q2 2026. Operating margin 77.7% against 78.2% (-0.5 pts).