Key Takeaways AppLovin has jumped 140% in six months, outpacing major digital ad rivals and industry gains.Axon 2 has reignited mobile ad growth, expanding AppLovin's MAX publisher base and market reach.Q2 2025 revenues rose 77% and EBITDA 99%, with analysts projecting 103% earnings growth in 2025.AppLovin Corporation (APP) has surged 140% over the past six months, outpacing the broader industry’s modest 66% rally and major digital ad rivals like Alphabet (GOOGL) and Meta Platforms (META) , which have gaine ...