Short answer
AppLovin (APP) filed its Q1 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $1.8B (up 24.2% year over year) with net income of $1.2B.
Q1 2026 key financials · XBRL
- Revenue
- $1.8B
- +24.2% YoY
- Net income
- $1.2B
- +109.2% YoY
- Operating margin
- 78.2%
- EPS (diluted)
- $3.56
- +113.2% YoY
Source: XBRL data from the AppLovin (APP) Q1 2026 10-Q on SEC EDGAR. USD.
AppLovin Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $1.842B, up 59% YoY from $1.159B, driven by Axon Ads Manager net revenue per installation up 93%
- Net margin 65.4% vs 49.7% YoY; Adjusted EBITDA margin 84.5% vs 80.9%
- Axon Ads Manager strongest disclosed product, net revenue per installation up 93%; installations down 18%
- Operating cash flow $1.291B vs $831.7M; free cash flow $1.287B vs $825.7M
- $1.0B share repurchases, 2.2M shares retired; $2.8B cash and cash equivalents at March 31, 2026
- Near-term headwinds: platform policy changes, evolving privacy and AI regulation, continued technology investment needs
Risk Factors
- No new risk factor identified; excerpt includes carried-forward risks without explicit 10-K comparison
- Regulatory risk: Apple and Google privacy changes may reduce mobile advertising data availability and effectiveness
- Operational risk: Cyberattacks involving source code, personal information, or third-party systems could disrupt services and trigger fines
- Competitive risk: Third-party platforms, including Apple App Store and Google Play Store, can change policies or restrict access
- Financial risk: Dependence on senior management, including CEO Adam Foroughi, without employment agreements or key-person insurance
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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