AppLovin Corporation (APP) UBS Global Technology and AI Conference 2025 December 2, 2025 12:55 PM EST
Company Participants
Adam Foroughi – Co-Founder, CEO & Chairperson
Matt Stumpf – Chief Financial Officer
Conference Call Participants
Stephen Ju – UBS Investment Bank, Research Division
Presentation
Stephen Ju
UBS Investment Bank, Research Division
All right. Great. I think we’re going to go ahead and get started. I’m Stephen Ju with the UBS U.S. Internet team. Sitting to my left are the management team by AppLovin, we have Founder and CEO, Adam Foroughi and CFO, Matthew Stumpf. So thanks for coming, guys, and welcome to Arizona.
Adam Foroughi
Co-Founder, CEO & Chairperson
Thank you for having us.
Question-and-Answer Session
Stephen Ju
UBS Investment Bank, Research Division
Awesome. So let’s put you, Matt, on the hot seat first. We’ll get to you in a second, Adam. So don’t you worry. So let’s talk about the gaming opportunity first and the gaming advertising and the growth and the durability there. So that continues to grow pretty well ahead of broader sort of industry benchmarks. I think we’re all used to thinking like the audience there is already tapped out, maybe like we’re done expanding in the sector here. But what’s driving the outperformance there for AppLovin and how durable is it, right? And what specific benefits in MAX is actually contributing to that growth?
Matt Stumpf
Chief Financial Officer
Yes, sure. So to understand that to break it down, there’s a few factors that are going on. First, you have to understand that the supply has grown. So most gaming companies now use MAX, right, the MAX marketplace, which is a marketplace that’s growing on a double-digit kind of pace annually. So there’s a large opportunity for continued growth for all of the demand-side platforms, including AppLovin’s own solution, but every demand-side platform to continue to feed into that
#AppLovin #Corporation #APP #Presents #UBS #Global #Technology #Conference #Transcript