APP
Company Description
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.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.48B | 3.22B | 1.84B | 2.82B | 2.79B | 1.45B | 994.10M | 483.36M |
| Net Income | 3.33B | 1.58B | 357.21M | (192.75M) | 35.45M | (125.19M) | 119.04M | (260.00M) |
| EPS | 9.84 | 4.68 | 1.01 | -0.52 | 0.10 | -0.58 | 0.36 | -1.37 |
| Free Cash Flow | 3.94B | 2.09B | 1.06B | 412.11M | 360.46M | 219.64M | 195.10M | 137.63M |
| FCF / Share | 11.64 | 6.22 | 3.00 | 1.11 | 1.11 | 1.02 | 0.92 | 0.73 |
| Operating CF | 3.97B | 2.10B | 1.06B | 412.77M | 361.85M | 222.88M | 198.46M | 139.03M |
| Total Assets | 7.26B | 5.87B | 5.36B | 5.85B | 6.16B | 2.15B | 1.20B | 536.86M |
| Total Debt | 3.54B | 3.56B | 3.18B | 3.28B | 3.33B | 1.70B | 1.20B | 796.09M |
| Cash & Equiv | 2.49B | 741.41M | 502.15M | 1.08B | 1.52B | 317.24M | 396.25M | 276.12M |
| Book Value | 2.13B | 1.09B | 1.26B | 1.90B | 2.14B | (158.54M) | (256.57M) | (378.36M) |
| Return on Equity | 1.56 | 1.45 | 0.28 | -0.10 | 0.02 | N/A | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.84B | 1.66B | 1.41B | 1.26B | 1.16B | 1.37B | 835.19M | 711.01M | 1.06B | 953.26M | 864.26M | 750.16M |
| Net Income | 1.21B | 1.10B | 835.54M | 819.53M | 576.42M | 599.20M | 434.42M | 309.97M | 236.18M | 172.23M | 108.64M | 80.36M |
| EPS | 3.57 | 3.26 | 2.47 | 2.42 | 1.70 | 1.77 | 1.29 | 0.92 | 0.70 | 0.51 | 0.32 | 0.22 |
| Free Cash Flow | 1.29B | 1.29B | 1.05B | 772.23M | 831.71M | 696.23M | 547.50M | 454.53M | 392.78M | 350.27M | 185.61M | 226.04M |
| FCF / Share | 3.83 | 3.80 | 3.11 | 2.28 | 2.45 | 2.05 | 1.62 | 1.35 | 1.17 | 1.04 | 0.54 | 0.63 |
| Operating CF | 1.29B | 1.31B | 1.05B | 772.23M | 831.71M | 701.00M | 550.70M | 454.53M | 392.78M | 343.99M | 199.07M | 229.79M |
| Total Assets | 7.71B | 7.26B | 6.34B | 5.96B | 5.71B | 5.87B | 5.44B | 5.27B | 5.26B | 5.36B | 5.01B | 5.48B |
| Total Debt | 3.51B | 3.54B | 3.51B | 3.51B | 3.71B | 3.56B | 3.51B | 3.52B | 3.53B | 3.18B | 3.19B | 3.27B |
| Cash & Equiv | 2.76B | 2.49B | 1.67B | 1.19B | 551.02M | 741.41M | 567.60M | 460.45M | 436.34M | 502.15M | 332.49M | 876.23M |
| Book Value | 2.36B | 2.13B | 1.47B | 1.17B | 575.42M | 1.09B | 938.21M | 814.84M | 760.20M | 1.26B | 1.10B | 1.52B |
| Return on Equity | 0.51 | 0.52 | 0.57 | 0.70 | 1.00 | 0.55 | 0.46 | 0.38 | 0.31 | 0.14 | 0.10 | 0.05 |
