Applovin Corp - Class A

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.