APP - NASDAQ
AppLovin Corporation
$570.83
-7.0%AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; Adjust, an analytics platform that helps marketers grow their mobile apps with solutions for measuring, optimizing campaigns, and protecting user data; and MAX, an in-app bidding software that optimizes the value of an app's advertising inventory by running a real-time competitive auction. Its business clients include various advertisers, publishers, internet platforms, and others. The company was incorporated in 2011 and is headquartered in Palo Alto, California.
At a Glance
Live SnapshotAppLovin Corporation Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Outstanding operational efficiency. The company generates substantial profit from core operations.
Net Profit Margin
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
AppLovin Corporation Income Statement
APP • NASDAQ
| AppLovin Corporation Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||
5.5B | 4.7B | 3.3B | 2.8B | 2.8B | 1.5B | 994.1M | 483.4M | |
GROSS PROFIT | ||||||||
(665.1M) | (1.2B) | (1.1B) | (1.3B) | (988.1M) | (555.6M) | (241.3M) | (53.8M) | |
4.8B | 3.5B | 2.2B | 1.6B | 1.8B | 895.5M | 752.8M | 429.6M | |
OPERATING INCOME | ||||||||
(663.7M) | (1.7B) | (1.6B) | (1.6B) | (1.7B) | (957.6M) | (558.5M) | (187.2M) | |
(437.2M) | (1B) | (983.3M) | (1.1B) | (1.3B) | (694.2M) | (513.5M) | (181.7M) | |
(226.5M) | (638.7M) | (592.4M) | (507.6M) | (366.4M) | (180.7M) | (45M) | (16.3M) | |
4.2B | 1.9B | 648.2M | -47.8M | 150M | -62M | 194.4M | 242.4M | |
PRE-TAX INCOME | ||||||||
(207M) | (318.3M) | (275.7M) | (171.9M) | (103.2M) | (77.9M) | (74M) | (0.0) | |
-207M | -318.3M | -275.7M | -171.9M | -103.2M | -77.9M | -74M | 60M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (82.7M) | (0.0) | -10.8M | |
-199M | -297.5M | -267.6M | -157.4M | -103.7M | -73.7M | -68.1M | -482.7M | |
4B | 1.6B | 380.6M | -205.2M | 46.3M | -135.7M | 126.2M | -240.3M | |
NET INCOME | ||||||||
(519.7M) | -3.8M | (23.9M) | -12.2M | (11M) | -9.8M | (7.2M) | (19.7M) | |
3.3B | 1.6B | 356.7M | -192.7M | 35.4M | -125.2M | 119M | -260M |
SEC Filings
APP - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 06, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 06, 2026 | May 06, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 21, 2026 | June 03, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 07, 2026 | April 02, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 19, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 11, 2026 | February 11, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 05, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 05, 2025 | November 05, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 06, 2025 | August 06, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | August 06, 2025 | June 30, 2025 | 2025 |
Related Guides
Continue your APP research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.