Liftoff Mobile Q2 Revenue Jumps 35% to $220M; Guides FY26 Revenue to $870M-$880M
LFTO is trading near its 52-week low of $21.43 (7.6% above the low).
Summary
Liftoff Mobile reported Q2 revenue of $220M, up 35% YoY, with Adjusted EBITDA of $132M. The company raised FY26 guidance to $870M-$880M revenue and $510M-$518M Adjusted EBITDA.
Key Events · Earnings and Guidance · LFTO
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Q2 Revenue Beats Expectations
Revenue of $220M grew 35% YoY, driven by 36% growth in Core Advertising Revenue to $219M.
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Adjusted EBITDA Margin Expands
Adjusted EBITDA of $132M represented a 60% margin, up 8 points YoY, reflecting operating leverage.
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Net Loss Includes Non-Cash IPO Costs
Net loss of $(4)M included $45M of non-cash expenses related to the IPO and capital markets activities.
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Full-Year Guidance Raised
FY26 revenue guidance raised to $870M-$880M and Adjusted EBITDA guidance to $510M-$518M.
Analysis · LFTO · Technology
Liftoff Mobile delivered strong Q2 results with revenue up 35% year-over-year to $220 million and Adjusted EBITDA up 55% to $132 million. The company's net loss of $4 million was driven by $45 million in non-cash IPO-related expenses, masking underlying profitability. Management raised full-year guidance, now expecting revenue of $870-$880 million and Adjusted EBITDA of $510-$518 million, reflecting confidence in continued growth. The company also generated $184 million in trailing twelve-month free cash flow, up 142% year-over-year, demonstrating strong cash generation. This is the first earnings report since the June IPO, and the results validate the company's growth trajectory and operating leverage.
At the time of this filing, LFTO was trading at $23.05 on NASDAQ in the Technology sector, with a market capitalization of approximately $4.2B. The 52-week trading range was $21.43 to $30.10. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.