AppLovin Q4 revenue rises 66% to $1.66 billion; net income up 84%
AppLovin reported fourth quarter 2025 revenue of $1.66 billion, up 66% from a year earlier, and net income of $1.10 billion, up 84%. For the full year, revenue was $5.48 billion, up 70%, and it guided first quarter 2026 revenue to $1.745 billion to $1.775 billion.
Key points
- Q4 2025 diluted EPS was $3.24, versus $1.73 in Q4 2024; full-year 2025 diluted EPS was $9.75, versus $4.53 in 2024.
- Q4 2025 Adjusted EBITDA was $1.40 billion, up 82%; full-year Adjusted EBITDA was $4.51 billion, up 87%.
- Q1 2026 guidance: revenue of $1.745 billion to $1.775 billion and Adjusted EBITDA of $1.465 billion to $1.495 billion, at an 84% margin.
- Full-year 2025 repurchases and share withholdings cost $2.58 billion; 338 million Class A and Class B shares were outstanding at year-end.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.