AppLovin Corporation reports results for the quarter ended June 30 - Earnings Summary
AppLovin Corporation reports results for the quarter ended June 30 - Earnings Summary
AppLovin Corporation APP.OQ reported quarterly adjusted earnings of $3.76 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.39. The mean expectation of twenty two analysts for the quarter was for earnings of $3.72 per share. Wall Street expected results to range from $3.22 to $4.15 per share.
Revenue rose 52.8% to $1.92 billion from a year ago; analysts expected $1.94 billion.
AppLovin Corporation's reported EPS for the quarter was $3.76.
The company reported quarterly net income of $1.27 billion.
AppLovin Corporation shares had fallen by 18.5% this quarter and lost 37.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 2.1% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 29 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for AppLovin Corporation is $660.00, about 36.4% above its last closing price of $419.70
This summary was machine generated from LSEG data August 5 at 10:25 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 3.72 | 3.76 | Beat |
Mar. 31 2026 | 3.40 | 3.56 | Beat |
Dec. 31 2025 | 2.93 | 3.24 | Beat |
Sep. 30 2025 | 2.40 | 2.45 | Beat |