Liftoff Mobile Q3 2026 Earnings Report: Revenue and EBITDA Growth
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Liftoff Mobile Reports Strong Third Quarter 2026 Financial Results
Redwood City, CA, Liftoff Mobile, Inc. (NASDAQ: LFTO), a global leader in performance marketing and monetization solutions, has announced its financial results for the quarter ended September 30, 2026. The company reported significant growth, exceeding the high end of its previously published guidance for the third quarter.
Financial Highlights:
- Revenue reached $238 million, an increase of 32% year-over-year and 8% quarter-over-quarter.
- Net income rose significantly to $87 million, up from a net loss in the previous quarter and the same period last year.
- Adjusted EBITDA was reported at $145 million, representing a 10% increase quarter-over-quarter and 45% year-over-year.
- Trailing 12-month Free Cash Flow hit $249 million, marking a 158% increase from the prior year.
Business Performance:
CEO Jeremy Bondy credited the strong results to the breadth of the app economy and effective performance within key app categories, which drove increased investment in the Liftoff platform. The company's Core Advertising Revenue, largely driven by its AI-powered Cortex platform, grew 33% year-over-year. Management expressed confidence in the business's earnings power and ability to deliver durable, profitable growth.
Outlook:
For the fourth quarter of 2026, Liftoff projects revenue between $244 million and $249 million, with an expected Adjusted EBITDA between $150 million and $154 million. Full-year 2026 revenue guidance is set between $907 million and $912 million.
