Liftoff Mobile, Inc. (LFTO) reported third-quarter 2026 revenue of $237.5 million, up 32% year over year, and net income of $86.7 million, versus a $5.7 million loss a year earlier. Adjusted EBITDA was $144.9 million, up 45%. For the first nine months, revenue increased 35% to $662.7 million and net income was $131.8 million, versus a $25.6 million loss; Adjusted EBITDA rose 51% to $397.3 million.
The June IPO generated approximately $472.4 million in net proceeds before offering expenses. Liftoff used $409.2 million to prepay term-loan principal. At September 30, 2026, long-term debt, net, was $1,388.4 million and cash and cash equivalents were $385.7 million. Operating cash flow for the nine months was $258.5 million.
In October 2026, Liftoff entered into interest-rate collar agreements with $720 million aggregate notional, effective December 31, 2026 through December 31, 2028, with a weighted-average running premium of 0.232% per annum. Its risk disclosures identify a material weakness in internal control over financial reporting.
Liftoff Mobile, Inc. (LFTO) reported third-quarter 2026 revenue of $237.521 million, up 32% year over year, and net income of $86.711 million versus a $5.730 million loss a year earlier. Adjusted EBITDA, a non-GAAP measure, was $144.949 million, up 45%; its margin was 61%, compared with 56%.
Fourth-quarter 2026 guidance is revenue of $244 million to $249 million and Adjusted EBITDA of $150 million to $154 million, with a 61% to 62% margin. Full-year 2026 guidance is revenue of $907 million to $912 million and Adjusted EBITDA of $547 million to $551 million, with a 60% margin. Liftoff said it did not provide GAAP reconciliations for projected Adjusted EBITDA measures because reconciliation items may be uncertain and variable.
Cash and cash equivalents were $385.651 million as of September 30, 2026. Liftoff disclosed a material weakness identified in internal control over financial reporting and plans to discontinue separate reporting of Core Advertising Revenue beginning in the first quarter of 2027.
Liftoff Mobile, Inc. (LFTO) is the subject of an amended beneficial-ownership disclosure in which Redbird ML Holdco LP, Redbird ML Holdco GP LLC, BCP Redbird Aggregator L.P., BCP VII Holdings Manager L.L.C., Blackstone Management Associates VII L.L.C., BMA VII L.L.C., Blackstone Holdings III L.P., Blackstone Holdings III GP L.P., Blackstone Holdings III GP Management L.L.C., Blackstone Inc., Blackstone Group Management L.L.C. and Stephen A. Schwarzman may each be deemed to beneficially own the same aggregate 83,831,109 common shares, or 49.5%, as of September 30, 2026. Redbird ML Holdco LP holds the shares directly. The cover pages report sole voting and dispositive power over 83,831,109 shares for each reporting person. The percentage calculation uses 169,331,527 shares outstanding as of July 28, 2026. The reporting persons disclaim beneficial ownership except where they directly hold issuer securities, and state that the disclosure is not an admission that they constitute a Section 13(d) group.
Liftoff Mobile, Inc. (LFTO) has a new Form 3 reporting the initial ownership position of Redbird ML Holdco L.P. and Redbird ML Holdco GP LLC as ten percent owners. On August 24, 2026, BCP Redbird Aggregator L.P. contributed 83,831,109 shares of Liftoff common stock it previously held directly to its wholly-owned subsidiary Redbird ML Holdco L.P., and no securities were purchased, sold, or otherwise transferred in that contribution.
The filing states that these shares are held indirectly through Redbird ML Holdco L.P., and that Redbird ML Holdco GP LLC may be deemed to beneficially own the shares but disclaims beneficial ownership except to the extent of its pecuniary interest.
Liftoff Mobile, Inc. (symbol: LFTO) is the issuer of record for a Form 4 filing submitted to the SEC.
Liftoff Mobile, Inc. (symbol: LFTO) is the issuer of record for a Form 4 filing submitted to the SEC.
Liftoff Mobile, Inc. reported strong top-line growth and improving profitability for the quarter and six months ended June 30, 2026. Revenue reached $219.5 million for the quarter, up 35% year over year, and $425.1 million for the first half, up 36%. Core Advertising revenue now accounts for essentially all revenue. Quarterly net loss narrowed to $(4.2) million, while the company generated $45.1 million of net income year-to-date, compared with a loss a year earlier. Adjusted EBITDA was $132.3 million for the quarter (60% margin) and $252.4 million year-to-date (59% margin).
Liftoff completed an IPO in June 2026, raising $472.4 million in net proceeds and using $409.2 million to prepay term debt. Cash and cash equivalents rose to $305.4 million, and total cash including restricted cash to $306.2 million, while principal long‑term debt fell to $1.44 billion. Interest expense remains significant at $68.3 million for the first half, and the company continues to carry sizable Level 3 contingent earn‑out and post‑conversion earnout share liabilities. As of July 28, 2026, 169.3 million common shares were outstanding.
Liftoff Mobile, Inc. reported strong growth for the quarter ended June 30, 2026. Revenue was $219.5 million, up 35% year over year and 7% sequentially. The company posted a small net loss of $4.2 million, versus a $23.8 million loss a year earlier, while delivering very high profitability on a non-GAAP basis.
Adjusted EBITDA was $132.3 million with a 60% margin, up from $85.2 million and a 53% margin in Q2 2025. For the first six months of 2026, net income was $45.1 million and Adjusted EBITDA was $252.4 million with a 59% margin, reflecting improved operating leverage despite sizable interest expense.
Liftoff generated $151.5 million of operating cash flow in the first half and a trailing twelve‑month Free Cash Flow of $184.5 million. Cash and cash equivalents rose to $305.4 million, aided by IPO proceeds of $472.4 million and offset by $418.4 million of debt principal repayments, which reduced long‑term debt to $1.39 billion. All $414.6 million of redeemable convertible preferred stock was eliminated, and the large accumulated deficit narrowed, leaving a modest stockholders’ deficit. Guidance for fiscal 2026 calls for revenue of $870–$880 million and Adjusted EBITDA of $510–$518 million with a 59% margin, and near‑term guidance implies continued high margins.
Liftoff Mobile, Inc. received a beneficial ownership report from Mark E. Ellis, Sydney L. Ellis and the Ellis Trust dated September 11, 2015. The Ellis Trust directly holds 9,939,671 shares of common stock, par value $0.0001 per share, representing 5.9% of Liftoff Mobile’s outstanding common stock.
Mark E. Ellis and Sydney L. Ellis, as co-trustees of the Ellis Trust, have shared voting and dispositive power over these shares and no sole voting or dispositive power. The 5.9% figure is based on 169,330,527 shares of common stock outstanding after Liftoff Mobile’s initial public offering, including the full exercise of the underwriters’ over-allotment option, as reported in the company’s June 4, 2026 prospectus.
Liftoff Mobile, Inc. has a Schedule 13G reporting that investment entities affiliated with Blackstone, including BCP Redbird Aggregator L.P. and related holding companies, may be deemed to beneficially own 83,831,109 shares of Liftoff Mobile common stock as of June 30, 2026. These shares of common stock, par value $0.0001 per share, represent 49.5% of the company’s outstanding common stock. The ownership percentage is calculated based on 169,330,527 shares outstanding as of June 4, 2026, after Liftoff Mobile’s initial public offering, including the full exercise of the underwriters’ over-allotment option. The common stock is held directly by BCP Redbird Aggregator L.P., with a chain of Delaware entities and Blackstone Inc. above it, and the group states that each entity may be deemed to beneficially own these shares while expressly disclaiming beneficial ownership beyond securities directly held.