APP
AppLovin Corporation677.30
+2.14+0.32%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
229.10BP/E (TTM)
79.96Basic EPS (TTM)
8.47Dividend Yield
0%Recent Filings
8-K
Q2 revenue up 77%, Apps sold
AppLovin reported explosive Q2 2025 results, with revenue surging 77% to $1,259 million and net income from continuing operations rocketing 156% to $772 million, fueled by its marketing platform while divesting the Apps business to Tripledot Studios for $400 million cash plus 20% equity on June 30. Adjusted EBITDA hit $1,018 million at 81% margin, backed by $768 million free cash flow. Shares outstanding dipped to 339 million after $341 million repurchases. Guidance eyes Q3 revenue at $1,320-$1,340 million and Adjusted EBITDA at $1,070-$1,090 million. Sale sharpens focus, yet integration risks loom.
10-Q
Q2 FY2025 results
AppLovin surged ahead in Q2 FY2025 ended June 30, 2025, with revenue climbing 77% year-over-year to $1.26B from $711M, fueled by stronger AppDiscovery performance where net revenue per installation rose 70% and volume grew 8%; gross margin improved to 88% from 83%, while operating income jumped to $958M from $384M, and diluted EPS from continuing operations hit $2.26 versus $0.86. The company closed its Apps Business divestiture on June 30 for $430.6M cash plus $285M in Tripledot equity (20% stake), booking a $106M gain and recognizing no new goodwill but retaining $1.5B overall. Cash swelled to $1.19B with $1.6B operating cash flow (89% y/y increase), supporting $1.3B in share repurchases; free cash flow reached $1.59B (derived). Yet ongoing securities litigation could distract management.
8-K
AppLovin sells gaming unit
AppLovin closed the sale of its mobile gaming business subsidiaries to Tripledot on June 30, 2025, receiving $400.0 million in cash—subject to adjustments—and ordinary shares equating to about 20% of Tripledot's fully diluted equity. This divestiture shifts AppLovin away from gaming operations. No promissory note was issued, opting for full cash on that portion. The deal bolsters AppLovin's balance sheet for core pursuits.
8-K
Stockholders approve directors, auditors
AppLovin Corporation's stockholders overwhelmingly elected all nine director nominees at the June 4, 2025 annual meeting, with votes for ranging from 747 million to 818 million amid 32 million broker non-votes. They also ratified Deloitte & Touche LLP as the independent auditor for the fiscal year ending December 31, 2025, securing 850 million for votes. All directors serve until 2026. Governance continuity holds firm.
10-Q
Q1 FY2025 results
AppLovin surged ahead in Q1 FY2025 ended March 31, 2025, with revenue climbing 40% y/y to $1.5B, fueled by Advertising revenue's 71% y/y leap to $1.2B from stronger AppDiscovery performance, while Apps revenue dipped 14% y/y to $325M amid lower in-app purchases and ad impressions. Operating income soared 95% y/y to $663M, bolstered by cost efficiencies that trimmed cost of revenue 8% y/y and sales/marketing 19% y/y, though a $189M goodwill impairment on the Apps unit—tied to its pending sale—offset some gains; net income jumped 144% y/y to $576M, or $1.67 diluted EPS on 345M shares. Cash from operations hit $832M, yielding $826M free cash flow (derived), but $1.0B stock repurchases and $200M revolver draw left quarter-end cash at $551M against $3.7B total debt. The Apps sale to Tripledot, set for $400M cash plus equity, closed the door on gaming but sharpened focus on advertising; still, intensifying competition from tech giants like Google and Meta poses a persistent threat to market share.
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