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BusinessEarnings ReportsMay 29, 2026

AppLovin guides Q2 revenue up to $1.945B, Axon opens in June

AppLovin guides Q2 revenue up to $1.945B, Axon opens in June
MSN

AppLovin expects Q2 2026 revenue of $1.915B-$1.945B with an adjusted EBITDA margin of 84%-85%. The company announced that its advertising platform, Axon, will be available to the public for advertisers to sign up and run campaigns starting in June.

Key Takeaways

  • Q2 2026 revenue guidance: $1.915B-$1.945B
  • Adjusted EBITDA margin guidance: 84%-85%
  • CEO Adam Foroughi said Axon opens in June for public advertiser sign-ups
  • Advertisers across the world will be able to run campaigns on Axon starting in June

Why It Matters

AppLovin is signaling both scale and profitability, with Q2 revenue guided to $1.915 billion-$1.945 billion and an 84%-85% adjusted EBITDA margin. The bigger product shift is Axon opening to public advertiser sign-ups in June, which makes the platform available beyond AppLovin’s existing customer set. For StreamingMeme readers, that matters because it marks a concrete expansion of an ad platform tied to streaming-adjacent monetization. The next number to watch is how many advertisers actually sign up for Axon in June and what that means for campaign volume.


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