AppLovin's High Revenue-to-Profit Conversion is the Story
ApplovinApplovin(US:APP) ZACKS·2026-01-01 00:56

Key Takeaways AppLovin posted Q3 revenues of 1.41B,up681.41B, up 68% year over year, with adjusted EBITDA rising 79%.APP delivered an 82% adjusted EBITDA margin as free cash flow jumped 92% to 1.05B.AppLovin's MAX supply and AXON models reinforce a data flywheel.The most striking takeaway from AppLovin’s (APP) third-quarter 2025 performance is not just rapid growth, but how efficiently that growth converts into profits. At its current scale, AppLovin is demonstrating a compelling dynamic, where most of its incremen ...