Financial Data and Key Metrics Changes - Revenue in Q4 was $1.66 billion, up 66% year-over-year, driven by technology advancements and seasonal strength [12] - Adjusted EBITDA was $1.4 billion, up 82% year-over-year, representing an 84% margin, with margins expanding over 700 basis points from the same period last year [12][14] - Free Cash Flow for the quarter was $1.31 billion, an 88% increase year-over-year, growing the cash balance to $2.5 billion [14][15] - For the full year, revenue reached $5.48 billion, growing 70% year-over-year, with Adjusted EBITDA at $4.51 billion, up 87% year-over-year [14] Business Line Data and Key Metrics Changes - The e-commerce initiative is performing well, with significant increases in spend from existing customers and new customers coming in from the referral program [20][21] - The self-service platform for e-commerce was launched, allowing smaller businesses to participate without high minimum GMV requirements [48] Market Data and Key Metrics Changes - The MAX auction is critical for the ecosystem, with increased competition leading to improved economics for publishers [7][8] - The gaming market is expected to continue growing rapidly, with strong performance from competitors like Unity and Liftoff [102] Company Strategy and Development Direction - The company focuses on leveraging AI to enhance its platform and improve monetization for publishers [5][9] - The strategy includes helping smaller businesses scale, similar to how the company supported indie gaming developers [50] - The company aims to maintain its competitive edge through continuous innovation and strong advertising solutions [62][84] Management's Comments on Operating Environment and Future Outlook - Management acknowledges market volatility but emphasizes strong internal performance and growth potential [5][11] - The company is optimistic about future growth, expecting sequential revenue growth in Q1 2026 between $1.745 billion and $1.775 billion [16] Other Important Information - The company repurchased approximately 800,000 shares for $482 million in Q4, with a total of 6.4 million shares repurchased for $2.58 billion in the full year [15] - The company has a remaining share repurchase authorization of approximately $3.28 billion [15] Q&A Session Summary Question: E-commerce opportunity and self-service launch - Management noted that the e-commerce business is performing well, with significant increases in spend from existing customers and new customers from the referral program [20][21] Question: Automation of ad creatives - Management indicated that they are still early in the automation process but are piloting generative AI tools to help customers create ads more efficiently [26][27] Question: Black box nature of the model - Management acknowledged the challenges in providing clear metrics but emphasized the potential for growth as they open the platform to more advertisers [33][35] Question: Impact of AI on the business - Management believes that AI will lower content creation costs, leading to an explosion of content, which will enhance the value of their discovery platform [43][44] Question: Changes in customer types due to self-service - Management confirmed that the self-service launch has allowed smaller businesses to enter the platform, leading to direct performance tracking and growth [48][49] Question: Marketing investment and growth expectations - Management is cautious about ramping up marketing until they have the necessary tools in place, but they are optimistic about future growth based on current metrics [67][69]

Applovin (NasdaqGS:APP) Q4 2025 Earnings call February 11, 2026 05:00 PM ET Company ParticipantsAdam Foroughi - Co-Founder, CEO, and ChairpersonBenjamin Black - Managing Director and Co-Head of Internet Equity ResearchDavid Hsiao - Head of Investor RelationsJames Heaney - Equity Research SVPJim Callahan - VP of Internet Equity ResearchMatt Stumpf - CFOMatthew Cost - Executive Director in Equity ResearchRobert Coolbrith - Senior Managing Director in Internet ResearchVasily Karasyov - Founder and Managing Mem ...

Applovin (NasdaqGS:APP) Q4 2025 Earnings call February 11, 2026 05:00 PM ET Speaker6Welcome to AppLovin's earnings call for the fourth quarter and year ended December 31, 2025. I'm David Hsiao, Head of Investor Relations. Joining me today to discuss our results are Adam Foroughi, our Co-founder, CEO, and Chairperson, and Matt Stumpf, our CFO. Please note, our SEC filings to date, as well as our financial update and press release discussing our fourth quarter and annual performance, are available at investor ...

Core Insights - The article discusses the shift in investment focus from hardware suppliers to experience-driven companies in the tech sector, particularly in the context of the iPhone and artificial intelligence [1][3][22] Group 1: iPhone Supplier Dynamics - Companies like Skyworks Solutions, Cirrus Logic, and Universal Display saw stock price surges when named as iPhone suppliers, but Apple often imposed low prices and high quality demands, leading to profitability challenges for these suppliers [2] - The real beneficiaries of the iPhone boom were companies providing services and experiences, such as Uber and ByteDance, which have outperformed traditional hardware suppliers [3] Group 2: Current AI Market Trends - A recent selloff in AI infrastructure companies, including chipmakers and data center developers, occurred due to concerns over profitability in a rapidly evolving industry [4] - Analyst Louis Navellier warns of a potential market dislocation for AI companies, suggesting that expectations for "Stage 1" infrastructure firms are overly optimistic [5] Group 3: Investment Opportunities in AI - A select group of "Stage 2" companies in the AI sector is believed to offer significant upside potential, with estimates of around 500% growth [6] - Thomson Reuters, with its established legal research platform, is expected to recover from a 60% selloff, as it combines AI with human expertise to maintain accuracy in legal research [9][14] - ServiceNow, which serves over 85% of Fortune 500 companies, is experiencing rapid growth with a 21% revenue increase in 2025 and projected 20% growth for the current year, driven by its AI capabilities [15][16] Group 4: Comparisons with 5G Technology - The article draws parallels between the 5G technology rollout and the current AI landscape, noting that the biggest winners are not the infrastructure providers but the companies leveraging these technologies for consumer experiences [20][21] - OpenAI's GPT-5 is highlighted as a significant advancement in AI, similar to the leap made by 5G, with the potential for "Stage 2" companies to dominate the market [22][23]

Core Insights - Digital Turbine, Inc. reported a total revenue of $151.4 million for the third quarter of fiscal 2026, reflecting a year-over-year growth of 12% compared to $134.6 million in the same quarter of fiscal 2025 [4][8] - The company achieved a GAAP net income of $5.1 million, or $0.03 per share, a significant improvement from a GAAP net loss of $23.1 million, or ($0.22) per share, in the third quarter of fiscal 2025 [5][8] - Non-GAAP adjusted net income for the third quarter was $21.7 million, or $0.18 per share, compared to $14.2 million, or $0.13 per share, in the prior year [5][8] - Non-GAAP adjusted EBITDA reached $38.8 million, representing a substantial year-over-year growth of 76% from $22.0 million in the third quarter of fiscal 2025 [6][8] Financial Performance - Total revenue for the third quarter of fiscal 2026 was $151.4 million, with On Device Solutions revenue at $99.6 million and App Growth Platform revenue at $52.6 million [4][8] - The company reported a non-GAAP free cash flow of $6.4 million for the third quarter of fiscal 2026 [8] - The increase in revenue was attributed to strong demand and effective execution by the team, as stated by the CEO [3] Business Outlook - The company is raising its expectations for fiscal year 2026, indicating a positive outlook based on the current business momentum and market opportunities [9] - The CEO emphasized the expanding market opportunity as mobile app publishers and advertisers seek new ways to promote app usage and profitability [3]

Table of Contents As filed with the Securities and Exchange Commission on January 28, 2026. Registration No. 333-292700 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Liftoff Mobile, Inc. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or organization) Delaware 7370 86-1817506 (Primary Standard Industrial Classification Code Number) (I.R.S. Employe ...

As filed with the Securities and Exchange Commission on January 16, 2026. Registration No. 333-292700 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Liftoff Mobile, Inc. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or organization) Delaware 7370 86-1817506 (I.R.S. Employer Identification No.) (Primary Standard Industrial Classification Code Numb ...

As filed with the Securities and Exchange Commission on January 13, 2026.Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Liftoff Mobile, Inc. (Exact Name of Registrant as Specified in its Charter) (Primary Standard Industrial (State or other jurisdiction of incorporation or organization) Delaware 7370 86-1817506 (I.R.S. Employer Identification No.) 900 Middlefield Road Redwood City, California 9406 ...

Core Viewpoint - AppLovin's stock has experienced significant declines recently, with a notable drop of over 15% from its December high, indicating bearish momentum despite strong underlying business fundamentals [2][3]. Financial Performance - In the latest reported quarter, AppLovin achieved a 17% year-over-year revenue increase, reaching $1.41 billion, showcasing robust operational results [3]. - The company's earnings release highlighted exceptional EBITDA results, reflecting the strength of its AI-powered advertising platform [4]. Market Positioning - AppLovin maintains a strategic position within the mobile advertising ecosystem, offering AI-driven advertising and analytic tools that assist developers in marketing and monetizing their apps [5]. - The integration of AI and advanced targeting capabilities serves as a critical differentiator in the industry, where AppLovin leverages proprietary data analytics and consumer intelligence platforms [5]. Stock Outlook - Despite recent stock declines, AppLovin shares remain above their longer-term 100-day moving average, suggesting that the broader uptrend is still intact [4]. - Derivatives data indicates a potential upside for AppLovin shares, with options traders anticipating a near-25% move by April 17, which could position the stock around $771 if bullish trends prevail [6]. - Wall Street analysts maintain a positive outlook on AppLovin stock for the next 12 months, reinforcing confidence in the company's future performance [7].

Core Viewpoint - AppLovin (APP) experienced a 2.9% decline in stock price, as noted by Wedbush, which highlighted that its partner Unity (U) is achieving profitability while AppLovin maintains a dominant position in the mobile advertising sector [1] Group 1: Company Relationships - AppLovin and Unity have a close relationship, with Unity being a leading platform that helps creators transform their ideas into real-time 3D content [1] - AppLovin provides advertising and marketing support to Unity developers, facilitating the commercialization and user acquisition of their applications [1]