Liftoff Mobile, Inc. (NASDAQ: LFTO) reported its financial results for the quarter ended September 30, 2026, in a press release dated November 12, 2026. The company announced revenue of $238 million for the third quarter of fiscal year 2026, representing an 8% increase from the previous quarter and a 32% increase year-over-year.
Net income for the quarter was $87 million, compared to a net loss of $4 million in the prior quarter and a net loss of $6 million in the same period the previous year. The company reported a net income margin of 37% for the quarter.
Adjusted EBITDA for the third quarter was $145 million, with a margin of 61%. This marks a 10% increase in revenue and a 45% increase in Adjusted EBITDA year-over-year.
Other business highlights include:
- Core Advertising Revenue was $237 million, up 33% year-over-year.
- Trailing 12-month Net Cash provided by Operating Activities was $303 million, an increase of 107% from the prior year.
- Trailing 12-month Free Cash Flow was $249 million, an increase of 158% from the prior year.
Regarding future guidance, Liftoff provided estimates for the fourth quarter of 2026, projecting revenue between $244 million and $249 million, and Adjusted EBITDA between $150 million and $154 million. For the full fiscal year 2026, the company expects revenue between $907 million and $912 million, and Adjusted EBITDA between $547 million and $551 million.
