In a large mixing bowl, combine ¾ cup warm water and ¼ teaspoon sugar. Stir to dissolve the sugar completely. This step is essential for activating the yeast.
Add 2 teaspoons active dry yeast to the mixture and stir gently a few times. Let it sit for about 10 minutes until you notice the yeast foaming. This indicates that it’s working!
Begin adding ½ cup of all-purpose flour at a time to the yeast mixture. Stir with a wooden spoon until smooth after each addition. As you add flour, also include 3 teaspoons olive oil and ½ teaspoon salt. Mix thoroughly after every addition until the dough starts to come together.
If the dough seems very sticky, you might need to add a little extra flour. A good visual reference is if the dough pulls away from the sides of the bowl easily.
Once the dough is starting to hold together, place it on a lightly floured counter surface. Knead the dough gently 5 to 6 times, just enough to form a soft ball.
Wash the mixing bowl you used with warm water and dry it with a towel. Pour in 2 to 3 tablespoons of olive oil and swirl it to coat the bottom and sides.
Place the kneaded dough into the bowl, cover it with saran wrap or a kitchen towel (flour the side facing the dough), and place it in a warm, draft-free area. Let it rise until the dough doubles in size, usually about 30 minutes.
Once the dough has risen, divide it into 2 parts for a fluffy crust or 3 parts for a thinner crust. This decision is based on your personal preference!
Cut a piece of parchment paper that fits into your air fryer. Use this as a guide to roll out the dough. Aim for circles about 8 inches in diameter.
Preheat your air fryer to 390° F. Pre-bake the first crust for about 3 to 4 minutes on the air fry setting. You want it slightly firm but not fully cooked.
Once the crust is pre-baked, spread about ⅓ cup of crushed tomatoes over the crust. Season with ½ teaspoon Italian seasoning, ½ teaspoon salt, and ¼ teaspoon black pepper.
Top with ½ cup shredded mozzarella cheese and ¼ cup shredded gouda cheese. Then, layer on 18 to 20 slices of pepperoni, making sure to press them down to stick.
Carefully place the parchment paper with the pizza back into the air fryer. Bake for an additional 4 to 5 minutes until the cheese is bubbly and slightly golden.
Remove the pizza from the air fryer and repeat the process with the second dough portion.
Slice your delicious homemade Air Fryer Pizza and serve hot!