Applovin financials
$305.66−0.84%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.92B | $1.84B | $1.66B | $1.41B | $1.26B | $1.16B | $999.5M | $835.2M | $711.0M | $1.06B | $953.3M | $864.3M |
| Gross profit | $1.70B | $1.64B | $1.47B | $1.23B | $1.10B | $1.01B | $846.1M | $714.3M | $589.3M | $764.0M | $679.7M | $599.2M |
| Gross margin | 88.3% | 88.9% | 88.9% | 87.6% | 87.7% | 86.9% | 84.7% | 85.5% | 82.9% | 72.2% | 71.3% | 69.3% |
| Operating income | $1.49B | $1.44B | $1.28B | $1.08B | $957.7M | $840.0M | $628.3M | $534.3M | $384.4M | $339.6M | $269.5M | $186.3M |
| Net income | $1.27B | $1.21B | $1.10B | $835.5M | $819.5M | $576.4M | $599.2M | $434.4M | $310.0M | $234.7M | $171.4M | $107.8M |
| Net margin | 65.8% | 65.4% | 66.5% | 59.5% | 65.1% | 49.7% | 60.0% | 52.0% | 43.6% | 22.2% | 18.0% | 12.5% |
| Diluted EPS | $3.76 | $3.56 | $3.24 | $2.45 | $2.39 | $1.67 | $1.73 | $1.25 | $0.89 | $0.67 | $0.48 | $0.30 |
| EBITDA | $1.53B | $1.47B | $1.31B | $1.11B | $1.00B | $919.9M | $756.2M | $633.9M | $493.0M | $452.2M | $269.5M | $308.1M |
| Operating cash flow | $869.0M | $1.29B | $1.31B | $1.05B | $772.2M | $831.7M | $701.0M | $550.7M | $454.5M | $392.8M | $344.0M | $199.1M |
| Free cash flow | $869.0M | $1.29B | $1.31B | $1.05B | $772.2M | $831.7M | $701.0M | $550.7M | $454.5M | $392.8M | $339.7M | $199.1M |
| Diluted shares | 337.0M | 338.7M | 339.8M | 341.0M | 342.2M | 344.9M | 346.4M | 348.2M | 348.0M | 348.6M | 353.9M | 356.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.05B | $2.76B | $2.49B | $1.67B | $1.19B | $551.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $3.52B | $3.51B | $3.51B | $3.51B | $3.51B | $3.71B |
| Total assets | $8.27B | $7.71B | $7.26B | $6.34B | $5.96B | $5.71B |
| Total liabilities | $5.11B | $5.34B | $5.12B | $4.87B | $4.79B | $5.13B |
| Shareholders' equity | $3.16B | $2.36B | $2.13B | $1.47B | $1.17B | $575.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology