APP
AppLovin Corporation
NASDAQ · USTechnologySoftware - Application
$424.60+0.01%
Price as of Jul 20, 2026
APP financials
AppLovin Corporation financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $5.5B | $3.2B | $1.8B | $2.8B |
| Cost of revenue | $665.1M | $520.6M | $356.6M | $1.3B |
| Gross profit | $4.8B | $2.7B | $1.5B | $1.6B |
| Operating expenses | $663.7M | $792.5M | $712.7M | $1.6B |
| Operating income | $4.2B | $1.9B | $772.4M | -$47.8M |
| Net income | $3.3B | $1.6B | $357.2M | -$192.7M |
| EBITDA | $4.4B | $2.4B | $1.3B | $513.8M |
| Basic EPS | $9.84 | $4.68 | $1.01 | $-0.52 |
| Diluted EPS | $9.75 | $4.53 | $0.98 | $-0.52 |
| Balance sheet | ||||
| Cash & equivalents | $2.5B | $741.4M | $502.2M | $1.1B |
| Total assets | $7.3B | $5.9B | $5.4B | $5.8B |
| Total liabilities | $5.1B | $4.8B | $4.1B | $3.9B |
| Stockholders’ equity | $2.1B | $1.1B | $1.3B | $1.9B |
| Total debt | $3.5B | $3.6B | $3.2B | $3.3B |
| Net debt | $1.1B | $2.8B | $2.7B | $2.2B |
| Cash flow | ||||
| Operating cash flow | $4.0B | $2.1B | $1.1B | $412.8M |
| Capital expenditure | -$28.3M | -$4.8M | -$4.2M | -$662.0K |
| Free cash flow | $3.9B | $2.1B | $1.1B | $412.1M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | -$2.2B | -$981.3M | -$1.2B | -$338.9M |