• AppLovin Q2 2025 earnings call featured CEO Adam Foroughi, CFO Matt Stumpf, Head of Investor Relations David Hsiao.
• Advertising revenue rose 77% to USD 1.26 billion; Adjusted EBITDA nearly doubled to USD 1.02 billion for 81% margin; free cash flow reached USD 768 million; cash and cash equivalents totaled USD 1.2 billion including USD 425 million net proceeds from sale of Apps business to Tripledot Studios.
• Q3 guidance for Advertising called for revenue of USD 1.32 billion to USD 1.34 billion; Adjusted EBITDA of USD 1.07 billion to USD 1.09 billion; management included incremental revenue uplift tied to Apps divestiture.
• Axon Ads Manager self-serve portal launched quietly; referral-based opening planned for Oct. 1 with expansion to most major international markets; global public launch targeted for first half of 2026.
• Management outlined plan to begin paid marketing to recruit advertisers once Axon is fully open next year; share repurchases and withholdings totaled 900,000 shares for USD 341 million in Q2.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Applovin Corporation published the original content used to generate this news brief on May 15, 2026, and is solely responsible for the information contained therein.