Filing Flows › AppLovin (APP) › Q3 2026
AppLovin (APP) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
AppLovin (APP) reported revenue of $2.2B for the third quarter 2026 (Q3 2026), +55% from a year earlier and +14% from the quarter before. Operating margin was 78.2%, net earnings $1.4B (65.9% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +14% | +55% |
| Operating profit | $1.7B | +14% | +58% |
| Net earnings | $1.4B | +14% | +72% |
| Operating cash flow | $1.4B | +64% | +36% |
| Free cash flow | $1.4B | — | — |
What changed
Revenue was $2.2B in Q3 2026, up 55% year over year and up 14% from the previous quarter.
Operating profit was $1.7B, a 78.2% margin (up 1.4 points year over year). Of the extra revenue versus Q3 2025, 81% reached operating profit, above the 77% margin then. Total costs grew 46% against revenue growth of 55%. The fastest-growing cost line was Research & development (+132%). Net earnings were $1.4B, up 72% year over year. The effective tax rate was 17.5%.
Operating cash flow was $1.4B (up 36% year over year), 99% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items used $0.13B. After purchase of property and equipment ($0.01B) and principal payments of finance leases ($2.9M), free cash flow as the company reports it was $1.4B.
Questions
What was AppLovin's revenue in the third quarter 2026?
AppLovin (APP) reported revenue of $2.2B for the third quarter 2026 (Q3 2026), +55% from a year earlier and +14% from the quarter before.
Was AppLovin profitable in the third quarter 2026?
Operating profit was $1.7B (78.2% of revenue) and net earnings $1.4B.
Source: AppLovin 10-Q on SEC EDGAR.