Revenue Growth Acceleration
Revenue grew 59.0% YoY to $1.84B in Q1 FY2026 (vs. $1.16B in Q1 FY2025), reflecting strong demand for AppLovin's AI-powered advertising platform and continued monetization of its software segment.
AppLovin Corp is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: AppLovin (APP) delivered exceptional Q1 FY2026 results with revenue surging 59% YoY to $1.84B and net income more than doubling to $1.21B, driven by powerful operating leverage that pushed operating margins above 78%.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue grew 59.0% YoY to $1.84B in Q1 FY2026 (vs. $1.16B in Q1 FY2025), reflecting strong demand for AppLovin's AI-powered advertising platform and continued monetization of its software segment.
Operating income surged 71.4% YoY to $1.44B, with operating margin expanding 568 basis points to 78.2% from 72.5%, demonstrating that revenue growth is significantly outpacing cost growth and the business is highly scalable.
Net income jumped 109.2% YoY to $1.21B, with diluted EPS rising 113.2% to $3.56, as operating leverage and improved profitability flowed through to the bottom line at an accelerating rate.
Revenue
$1.84B
++58.97% YoY
EPS (Basic)
$3.57
++110.00% YoY
Operating Income
$1.44B
++71.42% YoY
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