Overview

• AppLovin reported strong Q1 2025 earnings with $1.67 EPS and $1.48 billion in revenue, exceeding analyst expectations.
• The company is divesting its mobile gaming assets to focus on its AI-driven advertising platform, AXON.
• Tripledot Studios will acquire 10 AppLovin gaming studios in a half-cash, half-equity deal, expected to close in Q2 2025 pending regulatory approval.
• Post-acquisition, Tripledot will operate 12 studios across 23 cities, serving 25 million daily users and generating nearly $2 billion in annual revenue.
• AppLovin's Q2 revenue forecast of $1.2–$1.22 billion trails analyst expectations, despite its strong Q1 performance.