Key Highlights

● Second-quarter 2026 Revenue was $1.92 billion, against $1.26 billion a year earlier.

● Net Income was $1.27 billion, against $820 million in the second quarter of 2025.

● AppLovin repurchased 1.1 million Class A shares for $531.7 million in the quarter.

● Law-firm notices cite a lead-plaintiff deadline of 16 November in a class action.

AppLovin Corporation (NASDAQ:APP), a provider of artificial intelligence-powered Advertising software, has been the subject of law-firm notices on 14 and 15 October 2026, while its latest reported quarter showed continued growth in revenue and net income. The company has two segments, Advertising and Apps, and products including the Axon Ads Manager, MAX bidding technology, the Adjust measurement platform and the Wurl connected-television platform.

Legal notices

Law-firm notices dated 14 and 15 October from Kaplan Fox described a class action against AppLovin and invited investors to contact it before a lead-plaintiff deadline of 16 November. Such notices are solicitations by law firms and are not findings by a court.

AppLovin's own Quarterly Report for the period ended 30 June 2026, filed on 5 August, stated that the company had no material loss contingencies related to legal proceedings and did not believe its outstanding legal and regulatory matters would have a material adverse effect.

The latest reported quarter

The most recent reported period is the second quarter of 2026. The company's quarterly report shows revenue of $1.92 billion, compared with $1.26 billion in the second quarter of 2025. Net income was $1.27 billion, against $820 million a year earlier. Cash and cash equivalents were $3.05 billion at 30 June 2026, compared with $2.49 billion at the end of 2025.

Sequentially, revenue rose from $1.66 billion in the fourth quarter of 2025 to $1.84 billion in the first quarter of 2026 and $1.92 billion in the second. Net income rose from $1.10 billion to $1.21 billion and then $1.27 billion. The filing says substantially all revenue comes from AppLovin Ads.

On a trailing-twelve-month basis, revenue was $6.83 billion, up 60.6%, and net income was $4.41 billion. Full-year 2025 revenue was $5.48 billion, up about 70%, with Earnings of $3.33 billion.

AppLovin also repurchased 1.1 million Class A shares for $531.7 million in the second quarter and 3.3 million shares for $1.5 billion in the first half, leaving $1.8 billion under the programme at 30 June.

Index membership

AppLovin is a constituent of the S&P 500, added on 22 September 2025, and it is also listed as a Nasdaq-100 component.

AppLovin lead-plaintiff deadline and third-quarter comparisons

Dated items to monitor include the 16 November lead-plaintiff deadline in the law-firm notices and any company response to them. Third-quarter revenue and net income can also be compared with the second-quarter figures above.