Earnings Release

Applovin Corporation's latest earnings press release, filed May 6, 2026, scored line by line for tone, guidance and what changed since the prior release.

No guidance given10 lines scoredFiled May 6, 2026SEC 8-K · Exhibit 99

Release Tone

BALANCED

GuidanceNo guidance givenWhat this release does to the company's outlook

Hedging language0.00per 100 words

New this quarter0of 10 linesWording that was not in the prior release

The lines that matter most

Ranked by how material, how strongly worded and how new each sentence is.

1
During the first quarter 2026, we repurchased and withheld 2.2 million shares of our Class A common stock, for a total cost of $1.0 billion 1 .
2
Basic and Diluted earnings per share ("EPS") were $3.57 and $3.56, respectively, for the first quarter 2026.
3
Net cash from operating activities was $1.3 billion and Free Cash Flow was $1.3 billion for the first quarter 2026.
4
Adjusted EBITDA1,6151,645
5
Adjusted EBITDA Margin84%85%
6
Revenue$1,915$1,945
7
At the end of 1Q 2026, we had 336 million shares of our Class A and Class B common stock outstanding.

The release, annotated

1Highlight rankPositive toneNeutralNegative toneDimmed text: low materiality

Results

First Quarter 2026 Financial Highlights:

3Net cash from operating activities was $1.3 billion and Free Cash Flow was $1.3 billion for the first quarter 2026.

2Basic and Diluted earnings per share ("EPS") were $3.57 and $3.56, respectively, for the first quarter 2026.

Capital return

1During the first quarter 2026, we repurchased and withheld 2.2 million shares of our Class A common stock, for a total cost of $1.0 billion 1 .

7At the end of 1Q 2026, we had 336 million shares of our Class A and Class B common stock outstanding.

Outlook

Second Quarter 2026 Financial Guidance Summary 2

2Q26

Results

6Revenue$1,915$1,945

4Adjusted EBITDA1,6151,645

5Adjusted EBITDA Margin84%85%

54 boilerplate lines (safe-harbor disclaimer, contacts, call details) are set aside.

How this is scored

Source: the press release Applovin Corporation filed with the SEC as Exhibit 99 to Form 8-K (Item 2.02). Financial statements and boilerplate are set aside.
Tone: a financial sentiment model scores each sentence 0 to 100; the release score weights sentences by how material they are.
Materiality and guidance: a classifier judges whether each sentence is specific information, and what the release does to the outlook.
New this quarter: wording that does not appear in the prior release.
Hedging: uncertainty words (may, could, approximately, headwinds and similar) per 100 words of narrative.

These scores describe the release's language. They are not a forecast or a recommendation. Read the original filing

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