AppLovin Corp
About AppLovin Corp
AppLovin is a vertically integrated advertising technology company that acts as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange facilitating transactions between the two. About 80% of AppLovin's revenue comes from the DSP, AppDiscovery, while the remainder comes from the SSP, Max. AppLovin's primary tool for future growth is AXON 2, which is an ad optimizer operating within the DSP that allows advertisers to place ads according to specified return thresholds.
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Financial summary
- Revenue FY2025
- $5.5B
- Net income
- $3.3B
- Total assets
- $7.3B
- Market cap
- $187.2B
- Gross margin
- 87.9%
- Operating margin
- 75.8%
- Net margin
- 60.8%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $5.5B
- Cost of revenue
- $665.1M
- Gross profit
- $4.8B
- Operating expenses
- $663.7M
- Operating income
- $4.2B
- Income tax
- $519.7M
- Net income
- $3.3B
- EPS (basic)
- $9.84
- EPS (diluted)
- $9.75
Balance sheet
- Total assets
- $7.3B
- Current assets
- $4.4B
- Total liabilities
- $5.1B
- Current liabilities
- $1.3B
- Shareholders’ equity
- $2.1B
Cash flow
- Operating cash flow
- $4.0B
- Investing cash flow
- $358.4M
- Financing cash flow
- -$2.6B
- Net cash flow
- $1.7B
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $187.2B
- P/E ratio
- 57.8
- EPS (diluted)
- $9.75
- Shares outstanding
- 332.1M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Apr 15, 2021
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $3.3B in FY2025.
- Revenue grew 800% from FY2014 to FY2025.
- Gross margin of 87.9%, net margin 60.8%.
- Trading 23% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 57.8.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about AppLovin Corp
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