Applovin 2025 Q3 Earnings Record Net Income Surges 92.3%

Applovin (APP), ranked 59th by market capitalization, reported fiscal 2025 Q3 earnings on Nov 5, 2025. The company exceeded revenue and EPS estimates, with net income hitting a six-year high. Guidance for Q4 revenue and EBITDA was raised, reflecting confidence in operational leverage and strategic initiatives.

Revenue

, surpassing the $1.34 billion analyst consensus. This marked a significant acceleration from the 17.3% annualized growth highlighted in recent coverage.

Earnings/Net Income

, outpacing the $2.37 analyst estimate. Net income more than doubled to $835.54 million, . The EPS growth and record net income highlight the company’s strong profitability.

Price Action

Applovin’s stock edged up 1.16% in the latest trading day but declined 2.24% for the week. Month-to-date, , reflecting mixed short-term sentiment.

Post-Earnings Price Action Review

Following the earnings report, , closing at $646. The stock’s strong post-earnings reaction aligned with its broader 12-month performance, . Analysts noted the positive price action as a reflection of the company’s robust margin expansion and capital return strategy.

CEO Commentary

CEO Adam Foroughi emphasized Q3’s momentum, driven by gaming ad growth and the MAX platform’s expansion. He highlighted the successful launch of a self-service platform, . Strategic priorities include AI integration and reducing reliance on sales teams. Foroughi expressed confidence in S&P 500 inclusion and long-term growth potential.

Guidance

CFO provided Q4 2025 guidance: revenue of $1.57–1.6 billion (12–14% sequential growth) and adjusted EBITDA of $1.29–1.32 billion (82–83% margin). The guidance incorporates model enhancements, e-commerce seasonality, and operational leverage. , .

Additional News

. Insider sales, , drew mixed reactions. Meanwhile, analyst ratings remained bullish, .

Revenue

Applovin’s revenue growth in Q3 2025 demonstrated resilience across its advertising and software platforms. The company’s ability to exceed both Wall Street and internal expectations highlighted its expanding market share and pricing power. , Applovin’s efficiency gains further reinforced its competitive positioning.

Earnings/Net Income

The 92.3% year-over-year net income growth underscored Applovin’s operational discipline. Management attributed the results to reduced R&D and marketing expenses, alongside higher-margin revenue streams. .

Post-Earnings Price Action Review

Post-earnings, . . .

Additional News

Beyond earnings, Applovin’s expanded share buyback program and insider transactions drew attention. . Meanwhile, mixed analyst ratings—from “Strong Buy” to “Hold”—highlighted diverging views on valuation and growth sustainability.