Applovin financials
$305.66−0.84%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $5.48B | $3.22B | $1.84B | $2.82B | $2.79B |
| Gross profit | $4.82B | $2.70B | $1.49B | $1.56B | $1.81B |
| Gross margin | 87.9% | 83.9% | 80.6% | 55.4% | 64.6% |
| Operating income | $4.15B | $1.91B | $772.4M | -$47.8M | $150.0M |
| Net income | $3.33B | $1.58B | $356.7M | -$192.7M | $31.7M |
| Net margin | 60.8% | 49.0% | 19.4% | −6.8% | 1.1% |
| Diluted EPS | $9.75 | $4.53 | $0.98 | $-0.52 | $0.09 |
| EBITDA | $4.35B | $2.36B | $1.26B | $499.3M | $581.1M |
| Operating cash flow | $3.97B | $2.10B | $1.06B | $412.8M | $361.9M |
| Free cash flow | $3.97B | $2.10B | $1.06B | $412.1M | $360.5M |
| Diluted shares | 342.0M | 347.8M | 362.6M | 371.6M | 342.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $2.49B | $697.0M | $502.2M | $1.08B | $1.52B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total debt | $3.51B | $3.51B | $3.12B | $3.21B | $3.23B |
| Total assets | $7.26B | $5.87B | $5.36B | $5.85B | $6.16B |
| Total liabilities | $5.12B | $4.78B | $4.10B | $3.95B | $4.03B |
| Shareholders' equity | $2.13B | $1.09B | $1.26B | $1.90B | $2.14B |
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