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AppLovin Corp (APP)

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CIK 0001751008 · Nasdaq · Services-Computer Programming, Data Processing, Etc.

  • Sector Services
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, AppLovin Corp reported revenue of $5.48B. Revenue grew 70.0% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $6.83B.

Key ratios (year ended 2025-12-31)

87.9%
Gross margin (computed)
75.8%
Operating margin
60.8%
Net margin
156.2%
Return on year-end equity
70.0%
Revenue growth (YoY)

Computed by TickerFacts from revenue minus cost of revenue. This may differ from the issuer's reported gross profit or margin; check the revenue and cost definitions.

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Latest selected filing: Form 4 (ownership change) · 2026-10-16

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30		2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Revenue$6.83B$5.48B$3.22B$1.84B$2.82B$2.79B$1.45B$994.10M
Cost of Revenue$787.82M$665.14M$520.61M$356.61M$1.26B$988.10M$555.58M$241.27M
Gross Profit (computed)$6.04B$4.82B$2.70B$1.49B$1.56B$1.81B$895.51M$752.83M
R&D Expense$320.08M$226.51M$374.71M$333.78M$507.61M$366.40M$180.65M$44.97M
Operating Income$5.29B$4.15B$1.91B$772.41M-$47.79M$150.02M-$62.04M$194.37M
Depreciation & Amortization$134.07M$194.78M$448.68M$489.01M$547.08M$431.06M$254.95M$92.81M
EBITDA$5.42B$4.35B$2.36B$1.26B$499.29M$581.08M$192.91M$287.18M
Net Income$4.41B$3.33B$1.58B$356.71M-$192.75M$35.45M-$125.19M$119.04M
EPS (Diluted)n/a$9.75$4.53$0.98-$0.52$0.09-$0.58$0.36
Total Assets$8.27B$7.26B$5.87B$5.36B$5.85B$6.16B$2.15Bn/a
Total Liabilities$5.11B$5.12B$4.78B$4.10B$3.95B$4.03B$2.31Bn/a
Long-Term Debtn/a$3.51B$3.51B$3.12B$3.21B$3.23Bn/an/a
Shareholders' Equity$3.16B$2.13B$1.09B$1.26B$1.90B$2.14B-$158.54M-$256.57M
Cash & Equivalents$3.05B$2.49B$697.03M$502.15M$1.08B$1.52B$317.24Mn/a
Operating Cash Flow$4.53B$3.97B$2.10B$1.06B$412.77M$361.85M$222.88M$198.46M
Capital Expendituresn/an/a$4.78M$4.25M$662.0K$1.39M$3.24M$3.36M
Free Cash Flown/an/a$2.09B$1.06B$412.11M$360.46M$219.64M$195.10M
Share Repurchases$2.45B$2.19B$981.30M$1.15B$338.88M$0$1.77M$11.0K
Shares Outstanding335.29M338.31M340.04M339.89M373.87M375.09M226.36Mn/a
Weighted Average Diluted Sharesn/a341.97M347.81M362.59M371.57M342.76M214.94M212.37M
EPS (Basic)n/a$9.84$4.68$1.01-$0.52$0.10-$0.58$0.36

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