𝐀𝐩𝐩𝐋𝐨𝐯𝐢𝐧: 𝐐𝟑 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐁𝐞𝐚𝐭𝐬 𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐬, 𝐍𝐞𝐭 𝐈𝐧𝐜𝐨𝐦𝐞 𝐒𝐮𝐫𝐠𝐞𝐬 𝟕𝟐%, 𝐐𝟒 𝐆𝐮𝐢𝐝𝐚𝐧𝐜𝐞 𝐖𝐞𝐥𝐥

$APP (-2,89%)

⠀

📊 𝐑𝐞𝐬𝐮𝐥𝐭𝐬

• GAAP EPS: $4.30 (Normalized Est. $4.34, not directly comparable).

• Revenue: $2.185B (Est. $2.07B) ✅, +55% YoY.

• Net Income: $1.439B, +72% YoY.

• Net Income Margin: 66%.

• Adjusted EBITDA: $1.842B, +59% YoY.

• Adjusted EBITDA Margin: 84%.

• Operating Cash Flow: ~$1.4B.

• Free Cash Flow: ~$1.4B.

⠀

🎯 𝐆𝐮𝐢𝐝𝐚𝐧𝐜𝐞

• Q4 Revenue: $2.365B–$2.395B, midpoint $2.38B (Est. $2.25B) ✅.

• Q4 Adjusted EBITDA: $1.995B–$2.025B, midpoint $2.01B.

• Q4 Adjusted EBITDA Margin: 84%–85%.

⠀

📌 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬

• Q3 revenue beat consensus by ~5.6%, while GAAP EPS of $4.30 is not directly comparable with normalized estimates.

• Revenue increased 55% YoY to a record $2.185B, while net income grew faster at 72%.

• Net income margin reached 66%, reflecting exceptional profitability.

• Adjusted EBITDA surged 59% to $1.842B, representing an 84% margin.

• Q4 revenue guidance midpoint is ~5.8% above consensus and implies ~8.9% sequential growth.

• Q4 adjusted EBITDA guidance implies further margin expansion to 84%–85%.

• Repurchased and withheld 4.1M shares during Q3 at a total cost of $1.4B, including equity-award tax withholding.

• Board increased the share repurchase authorization by $3.2B, bringing total remaining authorization to $3.6B at the end of October.

• Nine-month revenue increased 56% YoY to $5.951B, while adjusted EBITDA grew 61% to $5.013B.

• Nine-month net income surged 75% to $3.911B.