AppLovin Corporation (APP)
NASDAQ: APP · Real-Time Price · USD
354.42
+82.67 (30.42%)
Nov 5, 2026, 11:02 AM EST - Market open
AppLovin Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Revenue Revenue Growth | 1,924 | 1,842 | 1,658 | 1,405 | 1,259 | 1,159 | 999.49 | 835.19 | 711.02 | 678.37 | 953.26 | 864.26 | 750.17 | 715.41 | 702.31 | 713.1 | 776.23 | 625.42 | 793.47 | 726.95 |
Revenue Growth | 52.83% | 58.97% | 65.88% | 68.23% | 77.04% | 70.85% | 4.85% | -3.36% | -5.22% | -5.18% | 35.73% | 21.20% | -3.36% | 14.39% | -11.49% | -1.91% | 16.06% | 3.57% | 55.63% | 90.43% |
Gross Profit Gross Profit Growth | 1,698 | 1,639 | 1,474 | 1,230 | 1,104 | 1,007 | 846.09 | 714.27 | 589.26 | 553.83 | 679.65 | 599.21 | 491.59 | 453.45 | 332.94 | 412.11 | 472.3 | 343.64 | 528.34 | 472.9 |
Operating Income Operating Income Growth | 1,494 | 1,440 | 1,275 | 1,079 | 957.68 | 839.98 | 628.33 | 534.3 | 384.42 | 363.9 | 270.56 | 186.32 | 131.33 | 61.56 | -15.2 | 53.58 | 55.28 | -113.17 | 61.35 | 45.88 |
Net Income Net Income Growth | 1,267 | 1,206 | 1,102 | 835.5 | 819.34 | 576.24 | 598.65 | 434.31 | 309.89 | 234.51 | 171.43 | 107.84 | 80.04 | -4.52 | -79.51 | 23.65 | -21.75 | -115.26 | 28.19 | 0.18 |
Earnings Per Share EPS Growth | 3.76 | 3.56 | 3.26 | 2.45 | 2.39 | 1.67 | 1.77 | 1.25 | 0.89 | 0.67 | 0.49 | 0.30 | 0.22 | -0.01 | -0.22 | 0.06 | -0.06 | -0.31 | 0.07 | 0.00 |
EPS Growth | 57.04% | 113.06% | 84.66% | 95.86% | 168.85% | 148.38% | 257.74% | 313.95% | 307.58% | - | - | 383.60% | - | - | - | 13486.30% | - | - | - | - |
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 |
United States United States Growth | 989.63 | 907.22 | 865.3 | 687.93 | 658.32 | 615.7 | 526.27 | 424.95 | 390.4 | 384.58 |
Rest of the World Rest of the World Growth | 934.06 | 935.23 | 792.65 | 717.12 | 600.43 | 543.27 | 473.22 | 410.24 | 320.61 | 293.79 |
Revenue (Total) Revenue (Total) Growth | 1,924 | 1,842 | 1,658 | 1,405 | 1,259 | 1,159 | 999.49 | 835.19 | 711.02 | 1,058 |
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Cash & Investments Cash & Investments Growth | 3,053 | 2,759 | 2,487 | 1,667 | 1,193 | 551.02 | 697.03 | 567.6 | 460.45 | 436.34 | 502.15 | 334.1 | 881.95 | 1,258 | 1,088 | 943.51 | 951.56 | 1,413 | 1,523 | 1,055 |
Total Debt Total Debt Growth | 3,515 | 3,514 | 3,667 | 3,796 | 3,698 | 3,922 | 3,555 | 3,510 | 3,518 | 3,525 | 3,177 | 3,188 | 3,265 | 3,274 | 3,356 | 3,285 | 3,293 | 3,301 | 3,364 | 1,839 |
Net Cash (Debt) Net Cash Growth | -461.77 | -755.35 | -1,180 | -2,129 | -2,506 | -3,371 | -2,858 | -2,942 | -3,057 | -3,089 | -2,675 | -2,854 | -2,384 | -2,016 | -2,269 | -2,342 | -2,341 | -1,888 | -1,841 | -784.43 |
Net Cash Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -1.37 | -2.23 | -3.47 | -6.24 | -7.32 | -9.77 | -8.25 | -8.45 | -8.79 | -8.86 | -7.70 | -8.00 | -6.51 | -5.40 | -6.11 | -6.19 | -6.26 | -5.08 | -4.74 | -2.04 |
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 869.04 | 1,291 | 1,314 | 1,053 | 780.73 | 867.59 | 701 | 550.7 | - | 392.78 | 343.99 | 199.07 | 229.79 | 288.66 | 163.2 | 174.48 | 106.81 | -31.72 | 85.02 | 124.56 |
Capital Expenditures CapEx Growth | - | - | - | - | - | - | - | - | - | - | -4.25 | - | - | - | -0.04 | -0.22 | -0.12 | -0.29 | -0.43 | -0.31 |
Free Cash Flow Free Cash Flow Growth | 869.04 | 1,291 | 1,314 | 1,053 | 780.73 | 867.59 | 701 | 550.7 | - | 392.78 | 339.74 | 199.07 | 229.79 | 288.66 | 163.16 | 174.26 | 106.7 | -32 | 84.59 | 124.25 |
Free Cash Flow Growth | 11.31% | 48.85% | 87.41% | 91.29% | - | 120.88% | 106.33% | 176.64% | - | 36.07% | 108.23% | 14.23% | 115.37% | - | 92.89% | 40.25% | 18.65% | - | -15.21% | 246.98% |
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Gross Margin | 88.26% | 88.95% | 88.93% | 87.56% | 87.68% | 86.91% | 84.65% | 85.52% | 82.88% | 81.64% | 71.30% | 69.33% | 65.53% | 63.38% | 47.41% | 57.79% | 60.85% | 54.95% | 66.59% | 65.05% |
Operating Margin | 77.68% | 78.15% | 76.92% | 76.80% | 76.08% | 72.48% | 62.87% | 63.97% | 54.07% | 53.64% | 28.38% | 21.56% | 17.51% | 8.61% | -2.16% | 7.51% | 7.12% | -18.09% | 7.73% | 6.31% |
Pretax Margin | 78.26% | 77.69% | 75.60% | 72.66% | 70.23% | 68.56% | 53.50% | 56.00% | 44.71% | 42.99% | 18.77% | 12.64% | 12.77% | -0.47% | -9.42% | 0.23% | 2.24% | -25.26% | 3.61% | 2.35% |
Profit Margin | 65.84% | 65.44% | 66.48% | 59.46% | 65.09% | 49.72% | 59.89% | 52.00% | 43.58% | 34.57% | 17.98% | 12.48% | 10.67% | -0.63% | -11.32% | 3.32% | -2.80% | -18.43% | 3.55% | 0.02% |
FCF Margin | 45.18% | 70.09% | 79.24% | 74.97% | 62.02% | 74.86% | 70.14% | 65.94% | - | 57.90% | 35.64% | 23.03% | 30.63% | 40.35% | 23.23% | 24.44% | 13.74% | -5.12% | 10.66% | 17.09% |
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
PE Ratio | 39.25 | 33.88 | 68.32 | 85.89 | 48.78 | 46.94 | 68.90 | 37.94 | 33.24 | 38.40 | 37.72 | 133.84 | 455.37 | - | - | - | - | - | 1132.69 | - |
Forward PE | 29.67 | 25.29 | 50.39 | 61.00 | 38.59 | 40.09 | 58.54 | 33.35 | 25.70 | 28.14 | 28.37 | 36.28 | 67.94 | 51.86 | 41.87 | 22.70 | 42.71 | 30.88 | 57.55 | 59.09 |
P/FCF Ratio | 38.23 | 30.24 | 56.71 | 71.43 | 40.85 | 42.50 | 66.08 | 34.01 | - | 19.63 | 12.66 | 15.78 | 10.46 | 8.09 | 9.50 | 21.66 | 45.92 | - | 97.86 | 71.74 |
PS Ratio | 25.35 | 21.78 | 41.55 | 50.40 | 27.86 | 24.32 | 33.71 | 13.73 | 8.54 | 7.03 | 4.08 | 4.58 | 3.11 | 2.04 | 1.39 | 2.48 | 4.46 | 7.35 | 12.63 | 10.74 |