Applovin(US:APP) Ge Long Hui·2026-02-12 02:38Core Viewpoint - AppLovin reported strong Q4 performance with significant revenue and EBITDA growth, but the stock experienced a decline in after-hours trading, indicating a disconnect between market sentiment and the company's fundamentals [1] Financial Performance - AppLovin's Q4 revenue increased by 66% year-over-year to $1.66 billion, surpassing analyst expectations of $1.6 billion [1] - Adjusted EBITDA rose by 82% year-over-year to $1.4 billion, with an EBITDA margin of 84% [1] - Earnings per share reached $3.24, exceeding analyst forecasts of $2.95 [1] Future Outlook - For Q1, AppLovin expects revenue to be between $1.745 billion and $1.775 billion, maintaining an EBITDA margin of 84% [1] Management Commentary - CEO Adam Foroughi emphasized a disconnect between market sentiment and reality, asserting that the explosion of AI-generated content will enhance the company's traffic distribution capabilities [1] - He noted that increased bidding density is expected to boost platform revenues [1]