Blackstone-backed Liftoff files for U.S. IPO amid market Rebound
Synopsis
Liftoff IPO filing has been submitted as the Blackstone-backed mobile advertising firm prepares for a Nasdaq listing. The company reported $386 million in 2025 revenue and a $33 million net loss, as global mobile advertising markets continue to expand across major and emerging economies.
Liftoff IPO filing outlines revenue growth to $386 million in 2025 with continued losses. The Nasdaq listing plan comes as mobile advertising expands and IPO activity shows gradual recovery.
Key Highlights
- Liftoff IPO filing submitted for Nasdaq listing under ticker LFTF in April 2026
- Revenue reached $386 million in 2025, up from $343 million in 2024
- Net loss widened slightly to $33 million due to continued investment spending
- Global digital ad spend projected to exceed $700 billion in 2026, led by mobile
Liftoff IPO filing has been submitted, placing the Blackstone-backed mobile advertising company among firms testing equity markets again after a prolonged slowdown.
The company plans to list on the Nasdaq Global Select Market under the ticker “LFTF,” according to its April 17, 2026, regulatory filing.
The Liftoff IPO filing does not yet disclose the number of shares or expected pricing. Proceeds are expected to support general corporate needs, including technology investment and potential acquisitions.
Revenue Growth Amid Continued Losses
The Liftoff IPO filing shows revenue of about $386 million for 2025, compared with roughly $343 million in 2024. The increase reflects ongoing demand from app developers seeking user acquisition and engagement tools.
Net loss widened slightly to about $33 million in 2025 from nearly $31 million a year earlier. The Liftoff IPO filing links this to continued spending on platform development and expansion.
Mobile Ad Spending Drives Market Momentum
The Liftoff IPO filing comes as digital advertising spending continues to expand globally. eMarketer estimates that total digital ad spend will exceed $700 billion in 2026, with mobile formats accounting for the majority share.
According to Statista, leading markets include the United States, China, and the United Kingdom, while Australia remains a mature, high-per-capita digital advertising market. Growth is also accelerating in India and Brazil, driven by rising smartphone adoption.
IPO Pipeline Shows Early Recovery Signs
The Liftoff IPO filing reflects a gradual reopening of listings markets following weaker activity in 2022–2024. Recent global IPO data from EY indicates improving deal volumes, particularly in the technology and digital services sectors.
Blackstone is expected to remain a significant shareholder after the offering, according to the filing.
FAQs
Q1. What does the Liftoff IPO filing include?
It outlines the company’s financials, business model, and plans to list on Nasdaq under ticker LFTF.
Q2. How is Liftoff performing financially?
The company reported about $386 million in 2025 revenue with a net loss of around $33 million.
Q3. Why is the Liftoff IPO filing important now?
It comes as IPO activity shows early recovery and digital advertising demand continues to grow globally.
Q4. What sector does Liftoff operate in?
Liftoff operates in mobile advertising, helping app developers acquire and retain users through targeted campaigns.
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Pooja Malik is a business journalist with over six years of experience covering startups, entrepreneurship, and emerging trends. She has previously worked with leading media platforms such as YourStory Media and BW BusinessWorld, where she reported on business, policy, and market developments. Currently, she serves as Editor at The Inspirepreneur Magazine, where she writes and edits stories across business, lifestyle, and travel, with a focus on clarity, accuracy, and reader relevance.
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