AppLovin Corporation (APP) — Financial statements
Income statement, balance sheet, and cash flow for AppLovin Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,481↑16.4% | 4,709↑43.4% | 3,283↑16.5% | 2,817↑0.9% | 2,793 | |
| Cost of Revenue | 665↓43.0% | 1,167↑10.2% | 1,059↓15.7% | 1,256↑27.1% | 988 | |
| Gross Profit | 4,816↑35.9% | 3,542↑59.3% | 2,224↑42.5% | 1,561↓13.5% | 1,805 | |
| Operating Expenses | ||||||
| R&D Expenses | 227↓64.5% | 639↑7.8% | 592↑16.7% | 508↑38.5% | 366 | |
| General & Administrative Expenses | 234↑28.9% | 181↑18.7% | 153↓16.0% | 182↑14.4% | 159 | |
| Selling & Marketing Expenses | 204↓76.0% | 849↑2.2% | 831↓9.7% | 920↓18.6% | 1,130 | |
| SG&A Expenses | 437↓57.6% | 1,030↑4.8% | 983↓10.7% | 1,101↓14.5% | 1,289 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 664↓60.2% | 1,669↑5.9% | 1,576↓2.1% | 1,609↓2.8% | 1,655 | |
| Total Costs & Expenses | 1,329↓53.1% | 2,836↑7.6% | 2,635↓8.0% | 2,865↑8.4% | 2,643 | |
| Operating Results | ||||||
| Operating Income | 4,152↑121.6% | 1,873↑189.0% | 648↑1456.3% | -48↓131.9% | 150 | |
| Depreciation & Amortization | 195↓56.6% | 449↓8.2% | 489↓10.6% | 547↑26.9% | 431 | |
| EBITDA | 4,355↑85.9% | 2,343↑104.6% | 1,145↑122.9% | 514↓11.5% | 581 | |
| EBIT | 4,160↑119.6% | 1,894↑188.7% | 656↑2069.8% | -33↓122.3% | 149 | |
| Interest & Other Income | ||||||
| Net Interest Income | -207↑35.0% | -318↓15.5% | -276↓60.4% | -172↓66.6% | -103 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 207↓35.0% | 318↑15.5% | 276↑60.4% | 172↑66.6% | 103 | |
| Non-Operating Income | -8↑61.5% | -21↓159.2% | -8↑44.5% | -14↓2806.0% | 0.54 | |
| Other Income / Expenses | -199↑33.1% | -297↓11.1% | -268↓70.1% | -157↓51.8% | -104 | |
| Income Before Tax | 3,953↑150.8% | 1,576↑314.1% | 381↑285.5% | -205↓543.0% | 46 | |
| Income Tax Expense | 520↑13881.9% | -4↓115.8% | 24↑295.1% | -12↓211.5% | 11 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 3,433↑117.3% | 1,580↑342.9% | 357↑284.9% | -193↓646.0% | 35 | |
| Net Income from Discontinued Operations | -99 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 3,334↑111.0% | 1,580↑342.9% | 357↑285.1% | -193↓643.8% | 35 | |
| Bottom-Line Net Income | 3,334↑111.4% | 1,577↑344.3% | 355↑284.2% | -193↓704.6% | 32 | |
| EPS (Basic) | 9.84↑110.3% | 4.68↑363.4% | 1.01↑294.2% | -0.52↓632.8% | 0.10 | |
| EPS (Diluted) | 9.75↑115.2% | 4.53↑362.2% | 0.98↑288.5% | -0.52↓659.1% | 0.09 | |
| Weighted Average Shares | 339↑0.6% | 337↓4.3% | 352↓5.3% | 372↑14.4% | 325 | |
| Weighted Average Diluted Shares | 342↓1.7% | 348↓4.1% | 363↓2.4% | 372↑8.4% | 343 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.