AppLovin Corp (APP)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-30
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021
Total Revenue1,405,045,000$1,258,754,000$1,484,021,000$2,484,677,000$835,186,000$711,015,000$1,058,115,000$953,261,000$864,256,000$750,165,000$715,405,000$702,307,000$713,099,000$776,231,000$625,421,000$793,470,000$726,951,000$668,806,000$603,877,000$509,837,000$381,740,000$299,331,000$
QoQ%11.62%(15.18%)(40.27%)197.50%17.46%(32.80%)11.00%10.30%15.21%4.86%1.87%(1.51%)(8.13%)24.11%(21.18%)9.15%8.69%10.75%18.45%33.56%27.53%
YoY%68.23%77.04%40.25%160.65%(3.36%)(5.22%)47.90%35.73%21.20%(3.36%)14.39%(11.49%)(1.91%)16.06%3.57%55.63%90.43%123.43%
Cost Of Revenue174,855,000$155,076,000$271,232,000$799,586,000$120,919,000$121,759,000$294,148,000$273,607,000$265,049,000$258,575,000$261,960,000$369,368,000$300,988,000$303,929,000$281,780,000$265,129,000$254,052,000$245,853,000$223,061,000$198,014,000$163,060,000$118,051,000$
Gross Profit1,230,190,000$1,103,678,000$1,212,789,000$1,685,091,000$714,267,000$589,256,000$763,967,000$679,654,000$599,207,000$491,590,000$453,445,000$332,939,000$412,111,000$472,302,000$343,641,000$528,341,000$472,899,000$422,953,000$380,816,000$311,823,000$218,680,000$181,280,000$
Gross Margin87.56%87.68%81.72%67.82%85.52%82.88%72.20%71.30%69.33%65.53%63.38%47.41%57.79%60.85%54.95%66.59%65.05%63.24%63.06%61.16%57.29%60.56%
Operating Expenses151,183,000$145,996,000$549,318,000$1,094,254,000$179,968,000$204,834,000$424,408,000$410,140,000$412,889,000$360,262,000$392,398,000$355,365,000$362,844,000$418,947,000$471,628,000$469,816,000$427,851,000$387,975,000$369,351,000$316,781,000$294,138,000$188,042,000$
Operating Income1,079,007,000$957,682,000$663,471,000$590,837,000$534,299,000$384,422,000$339,559,000$269,514,000$186,318,000$131,328,000$61,047,000$(22,426,000$)49,267,000$53,355,000$(127,987,000$)58,525,000$45,048,000$34,978,000$11,465,000$(4,958,000$)(75,458,000$)(6,762,000$)
Operating Margin76.80%76.08%44.71%23.78%63.97%54.07%32.09%28.27%21.56%17.51%8.53%(3.19%)6.91%6.87%(20.46%)7.38%6.20%5.23%1.90%(.97%)(19.77%)(2.26%)
Interest Income
Interest Expenses
Income Before Tax1,020,946,000$884,004,000$618,394,000$498,790,000$467,729,000$317,876,000$267,945,000$178,896,000$109,225,000$95,802,000$(3,353,000$)(66,172,000$)1,609,000$17,368,000$(157,982,000$)28,613,000$17,075,000$14,378,000$(13,755,000$)(26,421,000$)(94,399,000$)(22,414,000$)
Tax Expenses185,401,000$112,148,000$41,975,000$(87,574,000$)34,656,000$16,894,000$31,762,000$6,663,000$586,000$15,445,000$1,165,000$13,340,000$(22,053,000$)39,167,000$(42,684,000$)(2,794,000$)16,933,000$14,000$(3,180,000$)(7,448,000$)(4,485,000$)(703,000$)
Net Income835,545,000$819,531,000$576,419,000$599,204,000$434,420,000$309,969,000$236,183,000$172,233,000$108,639,000$80,357,000$(4,518,000$)(79,512,000$)23,662,000$(21,799,000$)(115,298,000$)31,407,000$142,000$14,364,000$(10,575,000$)(18,973,000$)(89,914,000$)(21,711,000$)
Profit Margin59.47%65.11%38.84%24.12%52.02%43.60%22.32%18.07%12.57%10.71%(.63%)(11.32%)3.32%(2.81%)(18.44%)3.96%.02%2.15%(1.75%)(3.72%)(23.55%)(7.25%)
TTM42.68%40.08%34.82%31.04%32.40%23.06%16.48%10.87%3.46%.69%(2.83%)(6.85%)(2.82%)(3.61%)(2.47%)1.27%(.60%)(4.86%)(7.87%)
Earnings to Minority50,000$206,000$144,000$545,000$110,000$79,000$1,451,000$806,000$804,000$318,000$(122,000$)13,000$(51,000$)(41,000$)3,216,000$(35,000$)1,069,000$(54,000$)(201,000$)(226,000$)(320,000$)
Earnings to Common Shareholders835,495,000$819,325,000$576,275,000$598,659,000$434,310,000$309,890,000$234,732,000$171,427,000$107,835,000$80,039,000$(4,518,000$)(79,512,000$)23,649,000$(21,748,000$)(115,257,000$)28,191,000$177,000$13,295,000$(10,521,000$)(18,772,000$)(89,688,000$)(21,391,000$)
QoQ%1.97%42.18%(3.74%)37.84%40.15%32.02%36.93%58.97%34.73%1,871.56%94.32%(436.22%)208.74%81.13%(508.84%)15,827.12%(98.67%)226.37%43.95%79.07%(319.28%)
YoY%92.37%164.39%145.50%249.22%302.75%287.17%5,295.49%315.60%355.98%468.03%96.08%(382.05%)13,261.02%(263.58%)(995.50%)250.18%100.20%162.15%
Earnings Per Share, Basic2.47$2.42$1.70$1.76$1.29$0.92$0.70$0.51$0.32$0.22$(0.01$)(0.21$)0.06$(0.06$)(0.31$)0.08$0.00$0.04$(0.05$)(0.42$)(0.10$)
Earnings Per Share, Diluted2.45$2.39$1.67$1.73$1.25$0.89$0.67$0.48$0.30$0.22$(0.01$)(0.22$)0.06$(0.06$)(0.31$)0.07$0.00$0.04$(0.05$)(0.42$)(0.10$)
Unlevered FCF Per Share, Basic3.11$2.28$2.45$2.07$1.63$1.35$1.17$1.02$0.58$0.63$0.77$0.44$0.47$0.29$(0.09$)0.23$0.34$0.28$0.17$
Unlevered FCF Per Share, Diluted3.09$2.26$2.41$2.02$1.58$1.31$1.13$0.97$0.56$0.62$0.77$0.45$0.46$0.29$(0.09$)0.21$0.32$0.28$0.17$
Average Shares, Basic338,531,000338,617,184339,837,238339,278,405336,931,000335,681,788335,794,739336,255,901341,435,759356,957,059373,160,029371,002,269369,389,170373,912,724371,967,881372,888,997368,427,532335,619,207222,408,568214,638,272213,440,147
Average Shares, Diluted340,974,000342,194,433344,877,542346,444,724348,225,000347,964,201348,596,295353,950,458356,906,222366,340,275373,160,029361,929,232378,462,207373,912,724371,967,881410,463,361384,324,785353,857,814222,408,568214,638,272213,440,147
EBIT1,020,946,000$884,004,000$618,394,000$498,790,000$467,729,000$317,876,000$267,945,000$178,896,000$109,225,000$95,802,000$(3,353,000$)(66,172,000$)1,609,000$17,368,000$(157,982,000$)28,613,000$17,075,000$14,378,000$(13,755,000$)(26,421,000$)(94,399,000$)(22,414,000$)
EBITDA1,056,048,000$931,057,000$698,281,000$626,627,000$567,364,000$426,417,000$380,612,000$298,007,000$231,022,000$215,694,000$124,855,000$35,405,000$165,439,000$170,056,000$(28,993,000$)144,267,000$136,511,000$14,378,000$75,062,000$71,307,000$(20,880,000$)(22,414,000$)