AppLovin Corp. (APP) reported results in line with expectations in Q2 FY2026 on revenue of $1.9B versus the $1.9B estimate (+52.8% YoY) and EPS of $3.76. The next AppLovin Corp. (APP) earnings date is Nov 4, 2026. Below is the full AppLovin Corp. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
$1.9B (vs $1.9B est · -0.9% surprise · +52.8% YoY)
EPS
$3.76 (vs $3.76 est · +0.0% surprise · +55.8% YoY)
Share price
$298.59 (-2.4%)
Market cap
$100.3B
AppLovin Corp. (APP) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q3 FY2026
$1.9B vs $1.9B est
$3.76 vs $3.76 est
+0.0%
-20.0%
In line
Q2 FY2026
$1.8B vs $1.8B est
$3.56 vs $3.40 est
+4.7%
+4.3%
Beat
Q1 FY2026
$1.7B vs $1.6B est
$3.24 vs $2.95 est
+9.8%
-22.4%
Beat
Q4 FY2025
$1.4B vs $1.3B est
$2.45 vs $2.38 est
+2.9%
+2.1%
Beat
Q3 FY2025
$1.3B vs $1.2B est
$2.26 vs $1.96 est
+15.3%
+15.7%
Beat
Q2 FY2025
$1.5B vs $1.4B est
$1.67 vs $1.44 est
+16.0%
+11.5%
Beat
Q1 FY2025
$1.4B vs $1.3B est
$1.73 vs $1.12 est
+54.5%
+25.7%
Beat
Q4 FY2024
$1.2B vs $1.1B est
$1.25 vs $0.92 est
+35.9%
+49.2%
Beat
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Blackrock, INC.
7.1%
24.0M
$12.4B
+1.7%
Vanguard Capital Management LLC
5.3%
17.7M
$9.1B
+5.9%
Fmr LLC
5.1%
17.3M
$8.9B
+10.2%
State Street Corp
3.6%
12.1M
$6.2B
+2.8%
Invesco Ltd.
3.3%
11.0M
$5.7B
+70.3%
Capital World Investors
2.4%
8.2M
$4.2B
+156.4%
Geode Capital Management, LLC
2.2%
7.4M
$3.8B
+1.0%
Baillie Gifford & CO
1.9%
6.5M
$3.3B
-3.4%
Vanguard Portfolio Management LLC
1.9%
6.4M
$3.3B
+7.0%
Morgan Stanley
1.7%
5.8M
$3.0B
+3.3%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
Valenzuela Victoria
director
2026-08-20
Sell
3K
$842942
Stumpf Matthew
officer: Chief Financial Officer (CFO)
2026-08-20
Sell
2K
$624024
Ge Xiaochuan
officer: CTO
2026-08-20
Sell
5K
$1.7M
Foroughi Arash Adam
director, 10 percent owner, officer: CEO
2026-08-20
Sell
3K
$842942
Cacovean Corina I
officer: Chief Legal Officer
2026-08-20
Sell
2K
$475506
Chen Herald Y
director
2026-08-13
Buy
144K
—
Chen Herald Y
director
2026-08-13
Sell
144K
—
Chen Herald Y
director
2026-08-13
Sell
100K
—
What you'll find
Next AppLovin Corp. (APP) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment AppLovin Corp. reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in AppLovin Corp. (APP)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is AppLovin Corp.'s next earnings date?
AppLovin Corp.'s (APP) next scheduled earnings date is Nov 4, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did AppLovin Corp. (APP) beat or miss earnings?
In Q2 FY2026, AppLovin Corp. (APP) posted in-line results — revenue of $1.9B versus the $1.9B estimate (-0.9% surprise) and EPS of $3.76 versus $3.76 expected (+0.0% surprise). Magnisto decodes every AppLovin Corp. (APP) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does AppLovin Corp. beat earnings estimates?
Over its last 8 reported quarters, AppLovin Corp. (APP) beat Wall Street EPS estimates 7 times, most recently a in-line result in Q3 FY2026. Magnisto tracks every AppLovin Corp. (APP) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does AppLovin Corp. stock move after earnings?
Over its last 8 quarterly reports, AppLovin Corp. (APP) moved an average of ±18.9% the day after earnings — ranging from -22.4% (Q1 FY2026) to +49.2% (Q4 FY2024). The stock rose after 6 of those 8 reports and fell after 2. Heading into its next report on Nov 4, 2026, options-implied volatility is pricing in a move of roughly ±40.4% (derived). Magnisto tracks the realized post-earnings move for every AppLovin Corp. (APP) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of AppLovin Corp.?
Institutions hold about 120.5% of AppLovin Corp.'s (APP) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (7.1%), Vanguard Capital Management LLC (5.3%), Fmr LLC (5.1%). Magnisto lists AppLovin Corp.'s (APP) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling AppLovin Corp. (APP)?
In the most recent Form 4 filings Magnisto tracks, AppLovin Corp. (APP) insiders recorded 3 purchases and 8 sales — net selling. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for AppLovin Corp. (APP) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for AppLovin Corp. (APP), anchored to the current $298.59 share price, so you can weigh the bull, base and bear cases for AppLovin Corp. side by side.
Is AppLovin Corp. (APP) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether AppLovin Corp. fits your own thesis and risk profile. This is research, not investment advice.