AppLovin Reports Robust Q4 Revenue And Margins

AppLovin Corporation (NASDAQ:APP) reported strong fourth-quarter 2025 results, with revenue of $1,658 million (up 66% year-over-year) and adjusted EBITDA of $1,399 million (up 82%), Benchmark reaffirmed its Buy rating and $775 price target on February 12. Margins reached a record 84% and revenue and EBITDA beat consensus by roughly 3–5%; Scotiabank also raised its price objective to $775.