Key Takeaways AppLovin posted 84% adjusted EBITDA margin, up 700 bps, and 66% net margin, up 600 bps YoY.APP shares fell 28% in a year vs industry's 14% drop; trades at 23.45 forward P/E vs 21.58 avg.AppLovin's margin stability differentiates it from The Trade Desk and Unity Software.The most important takeaway about AppLovin Corporation (APP) right now isn’t just growth, it’s margin strength. While the company continues to expand its advertising footprint, particularly through performance-driven tools and ...