← AppLovin Corp
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $994.1m |
$1.5b
+45.97%
|
$2.8b
+92.48%
|
$2.8b
+0.86%
|
$3.3b
+16.54%
|
$4.7b
+43.44%
|
$5.5b
+16.38%
|
$6.8b
+24.60%
|
|
| Cost of revenue | $241.3m |
$555.6m
+130.27%
|
$988.1m
+77.85%
|
$1.3b
+27.12%
|
$1.1b
-15.67%
|
$1.2b
+10.16%
|
$665.1m
-42.99%
|
$787.8m
+18.44%
|
|
| Gross Profit | $752.8m |
$895.5m
+18.95%
|
$1.8b
+101.56%
|
$1.6b
-13.52%
|
$2.2b
+42.47%
|
$3.5b
+59.29%
|
$4.8b
+35.94%
|
$6.0b
+25.45%
|
|
| Research and development | $45.0m | $180.7m | $366.4m | $507.6m | $592.4m | $638.7m | $226.5m | $320.1m | |
| Sales and marketing | $481.8m | $627.8m | $1.1b | $919.5m | $830.7m | $849.2m | $203.7m | — | |
| General and administrative | $31.7m | $66.4m | $158.7m | $181.6m | $152.6m | $181.1m | $233.5m | $211.3m | |
| Total costs and expenses | $799.7m | $1.5b | $2.6b | $2.9b | $2.6b | $2.8b | $1.3b | $1.5b | |
| Income from operations | $194.4m |
($62.0m)
-131.92%
|
$150.0m
+341.80%
|
($47.8m)
-131.86%
|
$648.2m
+1456.34%
|
$1.9b
+189.02%
|
$4.2b
+121.62%
|
$5.3b
+27.37%
|
|
| Interest expense and loss on settlement of debt | ($74.0m) | ($77.9m) | ($103.2m) | ($171.9m) | ($275.7m) | ($318.3m) | ($207.0m) | $205.0m | |
| Other income, net | $5.8m | $4.2m | ($535k) | $14.5m | $8.0m | $20.8m | $8.0m | $127.8m | |
| Total other expense, net | ($68.1m) | ($73.7m) | ($103.7m) | ($157.4m) | ($267.6m) | ($297.5m) | ($199.0m) | — | |
| Income before income taxes | $126.2m | ($135.7m) | $46.3m | ($205.2m) | $380.6m | $1.6b | $4.0b | $5.2b | |
| Provision for income taxes | $7.2m | ($9.8m) | $11.0m | ($12.2m) | $23.9m | ($3.8m) | $519.7m | — | |
| Loss from discontinued operations, net of income taxes | — | — | — | — | ($101.1m) | ($9.7m) | ($99.4m) | — | |
| Net income from continuing operations | — | — | — | — | $457.8m | $1.6b | $3.4b | — | |
| Net income | $119.0m |
($125.2m)
-205.16%
|
$35.4m
+128.31%
|
($192.7m)
-643.77%
|
$356.7m
+285.07%
|
$1.6b
+342.87%
|
$3.3b
+111.03%
|
$4.4b
+32.28%
|
|
| Basic net income per share (in dollars per share) | $0 | ($1) | $0 | ($1) | $1 | $5 | $10 | — | |
| Diluted net income per share (in dollars per share) | $0 | ($1) | $0 | ($1) | $1 | $5 | $10 | — | |
| Continuing operations (in dollars per share) | — | — | — | — | $1.26 | $4.56 | $10.04 | — | |
| Discontinued operations (in dollars per share) | — | — | — | — | ($0.28) | ($0.03) | ($0.29) | — | |
| Basic (in shares) | $210.9m | $214.9m | $324.8m | $371.6m | $352.0m | $336.9m | $338.8m | $337.5m | |
| Diluted (in shares) | $212.4m | $214.9m | $342.8m | $371.6m | $362.6m | $347.8m | $342.0m | $339.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.