Companies /Communication Services
Applovin Corp - Class A
NASDAQ: APP Advertising Agencies
$271.49
▼ $5.55 (−2.00%) today
Markets open · 3:24pm ET

AppLovin (APP) Q4 2025 Earnings

Reported Feb 11, 2026, 4:07pm ET · SEC source
$3.24
Beat +10.05%
EPS · est. $2.94
$1.7B
Beat +2.85%
Revenue · est. $1.6B
+26.7%
Beating market
APP vs S&P since report
5 quarters
Consecutive EPS beats

How Did APP Stock React to Q4 2025 Earnings?

% change · around the report
−7%0+7%+14%Feb 11Feb 12report 4:07pm ETearnings−1.7%−10.7%
−7%0+7%+14%Feb 11Feb 12earnings−1.7%−10.7%
APP −10.7%S&P 500 −1.7%
−7%0+7%+14%Feb 11Feb 12report 4:07pm ETearnings−2.1%−10.7%
−7%0+7%+14%Feb 11Feb 12earnings−2.1%−10.7%
APP −10.7%NASDAQ −2.1%
−21%−14%−7%0Feb 10Feb 19report 4:07pm ETearnings−1.2%−4.0%
−21%−14%−7%0Feb 10Feb 19earnings−1.2%−4.0%
APP −4.0%S&P 500 −1.2%
−21%−14%−7%0Feb 10Feb 19report 4:07pm ETearnings−1.7%−4.0%
−21%−14%−7%0Feb 10Feb 19earnings−1.7%−4.0%
APP −4.0%NASDAQ −1.7%
−19.68%
Day of report
+6.44%
Next session
+14.11%
One week
+25.12%
30 days

S&P 500 over the same 30 days: −1.54%.

Did APP Beat Earnings? Q4 2025 Results

Yes. AppLovin reported Q4 2025 earnings of $3.24 a share on Feb 11, 2026, beating the $2.94 consensus estimate by 10.1%. Revenue was $1.7B against a $1.6B estimate.

AppLovin delivered a decisive beat in the fourth quarter of 2025, with earnings per share of $3.24 topping the $3.11 consensus by 4.18% and revenue of $1.66 billion clearing estimates by 3.35% as the company's AI-driven advertising platform, anchored by its AXON 2 engine, continued to generate exceptional operating leverage. Revenue climbed 20.8% year-over-year, while Adjusted EBITDA reached $1.40 billion at an 84% margin, up from 77% in the prior-year period, underscoring how efficiently AppLovin is converting growth into profit. Net income nearly doubled and net margins expanded to 66%, reflecting the scalability of a platform where total costs and expenses fell to just 23% of revenue in Q4, compared to 37% a year ago. <a href="https://247wallst.com/investing/2026/02/11/live-can-applovins-earnings-tonight-stop-its-stock-slide/">Investors watching closely</a> for signs of momentum will find further confidence in Q1 2026 guidance, where management projects revenue of $1.75 billion to $1.77 billion alongside an Adjusted EBITDA margin of approximately 84%, signaling no meaningful deceleration on the horizon.

Key Takeaways
  • 66% year-over-year revenue growth in Q4 2025
  • Adjusted EBITDA margin expansion to 84% from 77% year-over-year in Q4
  • Net income margin of 66% in Q4 2025
  • Full-year revenue growth of 70% and net income growth of 111%
  • AI-driven advertising platform scalability driving operating leverage

What Was AppLovin's Outlook in Q4 2025?

For Q1 2026, AppLovin expects revenue of $1,745 million to $1,775 million, Adjusted EBITDA of $1,465 million to $1,495 million, and an Adjusted EBITDA margin of approximately 84%.

APP YoY Financials

Q4 2025 vs Q4 2024 · SEC filings Q4 2024 Q4 2025
$0$500.0M$1.0B$1.5B$1.4B$1.7BRevenue$1.1B$1.5BGross Profit$608.0M$1.3BOperating Income$599.2M$1.1BNet Income
$0$500.0M$1.0B$1.5BRevenueGross ProfitOperating IncomeNet Income
APP income statement, Q4 2025 versus Q4 2024
Metric Q4 2025 Q4 2024 Year over year
Revenue $1.7B $1.4B +20.8%
Gross Profit $1.5B $1.1B +40.1%
Operating Income $1.3B $608.0M +109.8%
Net Income $1.1B $599.2M +84.0%

APP Revenue by Segment

Advertising
Apps

Figures from SEC filings and company reports. Not investment advice.