Recent Updates — LFTO
Liftoff Mobile, Inc. reported financial results for the quarter ended June 30, 2026, announcing revenue of $220 million, a 35% year-over-year increase. The company posted a net loss of $4 million, inclusive of $45 million in non-cash expenses related to its IPO and capital markets activities, while Adjusted EBITDA rose 55% to $132 million. Management provided third-quarter revenue guidance between $217 million and $222 million and full-year revenue guidance between $870 million and $880 million. Liftoff Mobile operates in the mobile advertising technology industry, providing performance marketing and monetization solutions for the app economy.
Liftoff Mobile, Inc. completed an initial public offering of 21,850,000 shares of common stock at $23.00 per share, raising approximately $472.4 million in net proceeds. The company is using the proceeds to repay approximately $413.8 million in outstanding indebtedness under its New Term Loan Facility and for general corporate purposes.