Applovin Financial Statements
NASDAQ: APPTechnologyComputer Software: Programming Data ProcessingUSD
Market open · Delayed 15 min · as of Oct 9, 10:59 AM ET
Applovin revenue and earnings
In fiscal 2025, Applovin generated $5.48 billion in revenue, up 70.0% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $3.33 billion (+111.0% year over year), for a net margin of 60.8% versus a median of 1.3% in the prior 5 years. Gross margin was 87.9% (up from 83.9%) and operating margin 75.8%.
Diluted earnings per share came in at $9.75, up from $4.53. Over the last 5 fiscal years, APP's revenue has grown at a 30.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Applovin income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Revenue | 5.48B | 3.22B | 1.84B | 2.82B | 2.79B | 1.45B | 994.10M |
| Revenue growth (YoY) | +69.99% | +75.05% | -34.62% | +0.86% | +92.48% | +45.97% | — |
| Cost of Revenue | 665.14M | 520.61M | 356.61M | 1.26B | 988.10M | 555.58M | 241.27M |
| Gross Profit | 4.82B | 2.70B | 1.49B | 1.56B | 1.81B | 895.51M | 752.83M |
| Operating Expenses | 663.66M | 792.49M | 712.74M | 1.61B | 1.65B | 957.55M | 558.46M |
| Research & Development | 226.51M | 374.71M | 333.78M | 507.61M | 366.40M | 180.65M | 44.97M |
| Selling, General & Admin | 437.15M | 417.78M | 378.96M | 1.10B | 1.29B | 694.23M | 513.49M |
| Operating Income | 4.15B | 1.91B | 772.41M | -47.79M | 150.02M | -62.04M | 194.37M |
| Interest Expense | 200.62M | 307.98M | 281.71M | 172.18M | 103.17M | 77.87M | 73.95M |
| Other Income (Expense) | -199.00M | -299.01M | -270.81M | -157.39M | -103.70M | -73.66M | -68.14M |
| Pretax Income | 3.95B | 1.61B | 501.60M | -205.18M | 46.31M | -135.71M | 126.23M |
| Income Tax | 519.72M | 22.42M | 43.78M | -12.23M | 10.97M | -9.77M | 7.19M |
| Net Income | 3.33B | 1.58B | 356.71M | -192.75M | 35.45M | -125.19M | 119.04M |
| Net Income growth (YoY) | +111.03% | +342.87% | — | -643.77% | — | -205.16% | — |
| EPS (Basic) | 9.84 | 4.68 | 1.01 | -0.52 | 0.10 | -0.58 | 0.36 |
| EPS (Diluted) | 9.75 | 4.53 | 0.98 | -0.52 | 0.09 | -0.58 | 0.36 |
| Shares Outstanding (Basic) | 338.78M | 336.92M | 351.95M | 371.57M | 324.84M | 214.94M | 210.94M |
| Shares Outstanding (Diluted) | 341.97M | 347.81M | 362.59M | 371.57M | 342.76M | 214.94M | 212.37M |
| EBITDA | 4.35B | 2.36B | 1.26B | 499.29M | 581.08M | 192.91M | 287.18M |
| Gross Margin | 87.86% | 83.85% | 80.64% | 55.41% | 64.62% | 61.71% | 75.73% |
| Operating Margin | 75.75% | 59.27% | 41.94% | -1.70% | 5.37% | -4.28% | 19.55% |
| Net Margin | 60.83% | 49.00% | 19.37% | -6.84% | 127.00% | -8.63% | 11.97% |
This table shows 7 annual periods of Applovin's income statement, from FY 2025 back to FY 2019, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow APP's reporting calendar. What is a income statement?