AppLovin Corp (NASDAQ:APP) posted financial results for the second quarter of 2026 after the market close on Wednesday. Here’s a look at the key details from the quarter.

• AppLovin stock is trending. Where is APP stock headed?

AppLovin Q2 Earnings Highlights

AppLovin reported second-quarter revenue of $1.924 billion, missing analyst estimates of $1.935 billion, according to Benzinga Pro. The advertising technology company reported earnings of $3.76 per share for the quarter, beating estimates of $3.67 per share.

Total revenue was up 53% on a year-over-year basis. Cash flow from operations totaled $869 million and free cash flow came in at $863.3 million in the quarter.

AppLovin repurchased $551.3 million of its common stock during the quarter and ended the period with approximately $3.05 billion in cash and cash equivalents.

AppLovin expects third-quarter revenue to be in the range of $2.055 billion to $2.085 billion, versus estimates of $2.068 billion. The company anticipates third-quarter adjusted EBITDA of $1.71 billion to $1.74 billion.

AppLovin management will discuss the quarter on an earnings call scheduled for 5 p.m. ET.

APP Shares Fall After The Close

APP Price Action: Applovin shares were down 19.34% in after-hours, trading at $337.02 at the time of publication on Wednesday, according to Benzinga Pro.

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