| AppLovin Corp |
Q4-CY2025 | Q3-CY2025 | Q2-CY2025 | Q1-CY2025 | Q4-CY2024 | Q3-CY2024 | Q2-CY2024 | Q1-CY2024 | Q4-CY2023 | Q3-CY2023 | Q2-CY2023 | Q1-CY2023 | Q4-CY2022 | Q3-CY2022 | Q2-CY2022 | Q1-CY2022 | Q4-CY2021 | Q3-CY2021 | Q2-CY2021 | Q1-CY2021 | Q4-CY2020 | Q3-CY2020 | Q2-CY2020 | Q1-CY2020 | Q4-CY2019 | Q3-CY2019 | Q2-CY2019 | Q1-CY2019 | Q4-CY2018 | Q3-CY2018 | Q2-CY2018 | Q1-CY2018 | Q4-CY2017 | Q3-CY2017 | Q2-CY2017 | Q1-CY2017 | Q4-CY2016 | Q3-CY2016 | Q2-CY2016 | Q1-CY2016 | Q4-CY2015 | Q3-CY2015 | Q2-CY2015 | Q1-CY2015 | Q4-CY2014 | Q3-CY2014 | Q2-CY2014 | Q1-CY2014 | Q4-CY2013 |
Balance Sheet Date | | | 2025-Jun-30 | 2025-Mar-31 | 2024-Dec-31 | 2024-Sep-30 | 2024-Jun-30 | 2024-Mar-31 | 2023-Dec-31 | 2023-Sep-30 | 2023-Jun-30 | 2023-Mar-31 | 2022-Dec-31 | 2022-Sep-30 | 2022-Jun-30 | 2022-Mar-31 | 2021-Dec-31 | 2021-Sep-30 | 2021-Jun-30 | 2021-Mar-31 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Fiscal Period | | | Q2-FY2025 | Q1-FY2025 | Q4-FY2024 | Q3-FY2024 | Q2-FY2024 | Q1-FY2024 | Q4-FY2023 | Q3-FY2023 | Q2-FY2023 | Q1-FY2023 | Q4-FY2022 | Q3-FY2022 | Q2-FY2022 | Q1-FY2022 | Q4-FY2021 | Q3-FY2021 | Q2-FY2021 | Q1-FY2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total Revenue | | | 1,258,754,000$ | 1,484,021,000$ | 1,372,779,000$ | 1,198,235,000$ | 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$ | 260,178,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Cost Of Revenue | | | 155,076,000$ | 271,232,000$ | 320,452,000$ | 269,659,000$ | 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$ | 76,453,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross Profit | | | 1,103,678,000$ | 1,212,789,000$ | 1,052,327,000$ | 928,576,000$ | 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$ | 183,725,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross Margin | | | 87.68% | 81.72% | 76.66% | 77.50% | 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% | 70.62% | | | | | | | | | | | | | | | | | | | | | | | | | |
Operating Expenses | | | 193,049,000$ | 440,262,000$ | 572,184,000$ | 493,277,000$ | 313,375,000$ | 537,075,000$ | 529,251,000$ | 534,686,000$ | 480,154,000$ | 520,606,000$ | 456,942,000$ | 526,674,000$ | 571,635,000$ | 600,617,000$ | 585,470,000$ | 547,287,000$ | 495,131,000$ | 458,168,000$ | 414,401,000$ | 292,945,000$ | 231,616,000$ | 190,868,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Operating Income | | | 910,629,000$ | 772,527,000$ | 480,143,000$ | 435,299,000$ | 275,881,000$ | 226,892,000$ | 150,403,000$ | 64,521,000$ | 11,436,000$ | (67,161,000$) | (124,003,000$) | (114,563,000$) | (99,333,000$) | (256,976,000$) | (57,129,000$) | (74,388,000$) | (72,178,000$) | (77,352,000$) | (102,578,000$) | (74,265,000$) | (50,336,000$) | (7,143,000$) | | | | | | | | | | | | | | | | | | | | | | | | | |
Other Income | | | (26,625,000$) | (154,133,000$) | 34,981,000$ | 32,370,000$ | 41,995,000$ | 41,053,000$ | 28,493,000$ | 44,704,000$ | 84,366,000$ | 63,808,000$ | 57,831,000$ | 116,172,000$ | 116,701,000$ | 98,994,000$ | 85,742,000$ | 91,463,000$ | 86,556,000$ | 63,597,000$ | 76,157,000$ | (20,134,000$) | 27,922,000$ | 14,671,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest Income | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest Expenses | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Income Before Tax | | | 884,004,000$ | 618,394,000$ | 515,124,000$ | 467,669,000$ | 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$) | (22,414,000$) | 7,528,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Tax Expenses | | | 112,148,000$ | 41,975,000$ | (84,080,000$) | 33,249,000$ | 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$) | (703,000$) | 2,864,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Income from Continuing Operations | | | 771,856,000$ | 576,419,000$ | 599,204,000$ | 434,420,000$ | 300,982,000$ | 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$) | (21,711,000$) | 4,664,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Income from Discontinued Operations | | | 47,675,000$ | | | | 8,987,000$ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Consolidated Income | | | 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$) | (79,512,000$) | 23,771,000$ | (21,748,000$) | (115,257,000$) | 31,366,000$ | 178,000$ | 14,423,000$ | (10,521,000$) | (18,772,000$) | (89,688,000$) | (21,391,000$) | 4,664,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Net Income | | | 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$) | (79,512,000$) | 23,771,000$ | (21,748,000$) | (115,257,000$) | 31,366,000$ | 178,000$ | 14,423,000$ | (10,521,000$) | (18,772,000$) | (89,688,000$) | (21,391,000$) | 4,664,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Profit Margin | | | 65.11% | 38.84% | 43.65% | 36.26% | 43.60% | 22.32% | 18.07% | 12.57% | 10.71% | (.63%) | (11.32%) | 3.33% | (2.80%) | (18.43%) | 3.95% | .02% | 2.16% | (1.74%) | (3.68%) | (23.50%) | (7.15%) | 1.79% | | | | | | | | | | | | | | | | | | | | | | | | | |
Earnings to Minority | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Earnings to Common Shareholders | | | 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$) | (21,391,000$) | 2,987,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Earnings Per Share, Basic | | | 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$) | (0.09$) | (0.42$) | (0.10$) | 0.01$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Earnings Per Share, Diluted | | | 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$) | (0.09$) | (0.42$) | (0.10$) | 0.01$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Average Shares, Basic | | | 338,617,184 | 339,837,238 | 339,278,136 | 336,931,269 | 335,681,788 | 335,794,739 | 336,255,901 | 341,435,759 | 356,957,059 | 373,160,029 | 371,002,269 | 369,389,170 | 373,912,724 | 371,967,881 | 372,888,997 | 368,427,532 | 335,619,207 | 222,408,568 | 220,769,415 | 214,638,272 | 213,440,147 | 210,898,346 | | | | | | | | | | | | | | | | | | | | | | | | | |
Average Shares, Diluted | | | 342,194,433 | 344,877,542 | 346,444,261 | 348,225,463 | 347,964,201 | 348,596,295 | 353,950,458 | 356,906,222 | 366,340,275 | 373,160,029 | 361,929,232 | 378,462,207 | 373,912,724 | 371,967,881 | 410,463,361 | 384,324,785 | 353,857,814 | 222,408,568 | 217,614,321 | 214,638,272 | 213,440,147 | 214,053,440 | | | | | | | | | | | | | | | | | | | | | | | | | |
EBIT | | | 884,004,000$ | 618,394,000$ | 515,124,000$ | 467,669,000$ | 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$) | (22,414,000$) | 7,528,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
EBITDA | | | 931,057,000$ | 698,281,000$ | 642,961,000$ | 567,304,000$ | 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$ | 121,534,000$ | 75,062,000$ | 71,307,000$ | (20,880,000$) | 29,011,000$ | 39,807,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |