“AppLovin Stock Falls 17% Despite a 98 Rule of 40”
September 9, 2026
“AppLovin (NASDAQ:APP), which runs an advertising and marketing platform for app developers, fell 16.91% premarket after reporting second-quarter revenue of $1.92 billion, up 53% from a year earlier but short of the $1.94 billion analyst estimate. Diluted earnings of $3.76 a share matched expectations.
Margins remain stellar. Net income rose 55% to $1.27 billion for a 66% net margin, and adjusted EBITDA reached $1.61 billion at an 84% margin, up from 81%. Free cash flow was $863.3 million against $768.1 million a year earlier…”
https://finance.yahoo.com/markets/stocks/articles/applovin-stock-falls-17-despite-123621455.html