AppLovin(APP.US)三季度交出“高分答卷”: 营收猛增69% 现金流充沛 豪掷32亿加码回购

Core Insights - AppLovin's Q3 2025 financial performance and Q4 outlook exceeded expectations [1] Financial Performance - Q3 revenue reached $1.41 billion, a year-over-year increase of 68.9%, surpassing expectations by $70 million [1] - Earnings per share were $2.45, compared to the market expectation of $2.39 [1] - Net profit amounted to $835.5 million, exceeding the prior expectation of $826.5 million [1] - The company's net cash generated from operating activities was $1.05 billion, with free cash flow also at $1.05 billion [1] Shareholder Returns - In Q3, AppLovin repurchased and held 1.3 million shares of Class A common stock at a total cost of $571 million [1] - The board has authorized an additional $3.2 billion for stock repurchases [1] Future Outlook - For Q4, AppLovin expects revenue to be between $1.57 billion and $1.6 billion, higher than the previous expectation of $1.55 billion [1] - The company anticipates an adjusted EBITDA margin between 82% and 83% [1]