Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Applovin Corporation Revenue & Financial Statements
Applovin Corporation reported revenue of $5.5B for the fiscal year ended December 31, 2025, up 16.4% year over year, with net income of $3.3B and diluted EPS of $9.75.
- Company
- Applovin Corporation APP · NASDAQ
- Latest fiscal year
- FY ended Dec 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 2.8B | 2.8B | 3.3B | 4.7B | 5.5B |
| Cost of revenue | 988.1M | 1.3B | 1.1B | 1.2B | 665.1M |
| Gross profit | 1.8B | 1.6B | 2.2B | 3.5B | 4.8B |
| Operating income | 150.0M | (47.8M) | 648.2M | 1.9B | 4.2B |
| Pretax income | (146.8M) | (213.8M) | 365.7M | 1.5B | 1.7B |
| Net income | (10.6M) | (230.7M) | 374.8M | 1.5B | 3.3B |
| Diluted EPS | 0.09 | -0.52 | 0.98 | 4.53 | 9.75 |
| EBITDA | 581.1M | 499.3M | 1.1B | 2.3B | 4.3B |
Quarterly
| USD | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.1B | 1.1B | 1.2B | 1.4B | 1.5B | 1.3B | 1.4B | 1.7B |
| Cost of revenue | 294.1M | 282.5M | 269.7M | 320.5M | 271.2M | 155.1M | 174.9M | 183.5M |
| Gross profit | 764.0M | 797.6M | 928.6M | 1.1B | 1.2B | 1.1B | 1.2B | 1.5B |
| Operating income | 339.6M | 391.0M | 534.9M | 608.0M | 663.5M | 957.7M | 1.1B | 1.3B |
| Pretax income | 267.9M | 325.3M | 467.7M | 515.1M | 618.4M | 884.0M | 1.0B | 1.3B |
| Net income | 236.2M | 310.0M | 434.4M | 599.2M | 576.4M | 887.6M | 838.0M | 1.1B |
| Diluted EPS | 0.67 | 0.89 | 1.25 | 1.72 | 1.67 | 2.39 | 2.45 | 3.24 |
| EBITDA | 452.2M | — | 634.6M | 735.8M | 743.4M | — | 1.1B | 1.3B |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 6.2B | 5.8B | 5.4B | 5.9B | 7.3B |
| Current assets | 3.2B | 1.9B | 1.6B | 2.3B | 4.4B |
| Cash & equivalents | 1.5B | 1.1B | 502.2M | 741.4M | 2.5B |
| Total liabilities | 4.0B | 3.9B | 4.1B | 4.8B | 5.1B |
| Current liabilities | 640.1M | 579.0M | 944.1M | 1.1B | 1.3B |
| Long-term debt | 3.2B | 3.2B | 2.9B | 3.5B | 3.5B |
| Total debt | 3.2B | 3.2B | 3.1B | 3.5B | 3.5B |
| Stockholders’ equity | 2.1B | 1.9B | 1.3B | 1.1B | 2.1B |
| Net debt | 1.7B | 2.1B | 2.6B | 2.8B | 1.0B |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | 361.9M | 412.8M | 1.1B | 2.1B | 4.0B |
| Investing cash flow | (1.2B) | (1.4B) | (77.8M) | (106.8M) | 358.4M |
| Financing cash flow | 3.1B | (526.8M) | (1.6B) | (1.7B) | (2.6B) |
| Capital expenditure | 1.4M | 662K | 4.2M | 4.8M | — |
| Free cash flow | 360.5M | 412.1M | 1.1B | 2.1B | — |
| Dividends paid | — | — | — | — | — |
| Stock-based compensation | 133.2M | 191.6M | 363.1M | 369.4M | 210.4M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
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