APP Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), APP reported revenue of $1.9B, gross profit of $1.7B (88.3% gross margin), operating income of $1.5B, and net income of $1.3B (65.8% net margin). The flow of revenue into costs and profit is visualized below.
What changed
APP was profitable; revenue grew 4.4% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +4.4% | +5.1% | +0.4 pp |
Consensus estimate data is not available for this report.
APP Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $1.9B | 100% |
| Cost of Revenue | −$226M | 11.7% |
| Gross Profit | $1.7B | 88.3% |
| Research & Development | −$100M | 5.2% |
| Selling, General & Administrative | −$104M | 5.4% |
| Operating Income | $1.5B | 77.7% |
| Interest Expense | −$51M | 2.7% |
| Other Income, net | $62M | 3.2% |
| Income Tax Expense | −$239M | 12.4% |
| Net Income | $1.3B | 65.8% |
Source: APP filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.