AppLovin Corporation (APP) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI

AppLovin Corporation (APP) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI | MarketCI

APP

Market Closed

AppLovin Corporation

NASDAQTechnology Software - Application

876 employees

CEO: Adam Arash Foroughi

Founded: 2021

$469.71

+$0.00(+NaN%)

Market Cap

157.79B

Beta

2.46

52W Range

N/A

Dividend Yield

0.00%

Overview Forecasts Fundamental Market Sentiment Valuation Ownership

Financial Statements

Comprehensive breakdown of financial statements and performance metrics

Gross Margin

87.9%

78.1%

CAGR: 27.8%

Profit after direct costs

Operating Margin

75.8%

117.3%

CAGR: 129.4%

Core business profitability

Net Margin

60.8%

111.0%

CAGR: 211.4%

Bottom line profitability

Revenue Growth

70.0%

YoY

CAGR: 18.4%

Top line growth rate

Revenue Flow Analysis

Visual flow showing how APP allocates revenue across expenses and profit

Fiscal Year 2025

Revenue Distribution

Flow of revenue through cost categories to net income

Gross Margin

87.9%

$4.82B

Operating Margin

75.8%

$4.15B

Net Margin

60.8%

$3.33B

Detailed Income Statement

Complete profit and loss breakdown with margin analysis and historical comparison

Item	2021	2022	2023	2024	2025	YoY Change
Total Revenue	2.79B	2.82B	1.84B	3.22B	5.48B	70.0%
Cost of Revenue	(988.10M)	(1.26B)	(356.61M)	(520.61M)	(665.14M)	27.8%
Gross Profit	1.81B	1.56B	1.49B	2.70B	4.82B	78.1%
Operating Expenses
Research & Development	(366.40M)	(507.61M)	(333.78M)	(374.71M)	(226.51M)	-39.6%
Selling, General & Administrative	(1.29B)	(1.10B)	(378.96M)	(417.78M)	(437.15M)	4.6%
General & Administrative	(158.70M)	(181.63M)	(150.93M)	(164.92M)	(233.50M)	41.6%
Selling & Marketing	(1.13B)	(919.55M)	(228.03M)	(252.86M)	(203.65M)	-19.5%
Depreciation & Amortization	(431.06M)	(547.08M)	(489.01M)	(448.68M)	(194.78M)	-56.6%
Operating Income (EBIT)	150.02M	-47.79M	772.41M	1.91B	4.15B	117.3%
Non-Operating Items
Interest Income	—	—	—	—	—	—
Interest Expense	(103.17M)	(171.86M)	(273.51M)	(317.21M)	(207.02M)	-34.7%
Other Income/Expenses (Net)	-103.70M	-157.39M	-270.81M	-299.01M	-199.00M	-33.4%
Income Before Tax	46.31M	-205.18M	501.60M	1.61B	3.95B	145.2%
Income Tax Expense	(10.97M)	(12.23M)	(43.78M)	(22.42M)	(519.72M)	2218.2%
Net Income	35.45M	-192.75M	357.21M	1.58B	3.33B	111.0%
Per Share Metrics
Earnings Per Share (Basic)	$0	$-1	$1	$5	$10	110.3%
Weighted Avg Shares Outstanding	324.84M	371.57M	351.95M	336.92M	338.78M	0.6%
Weighted Avg Shares Outstanding (Diluted)	342.76M	371.57M	362.59M	347.81M	341.97M	-1.7%
EBITDA	580.54M	513.77M	1.26B	2.38B	4.35B	83.1%

Explore APP

Overview

Key metrics and AI-powered insights

Forecast

Price targets and earnings estimates

Fundamentals

Income, balance sheet and cash flow

Valuation

P/E, DCF and valuation multiples

Ownership

Institutional and insider holdings

Sentiment

Analyst ratings and news sentiment

APP in the Technology

Large Cap

Technology

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Software - Application

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