Communication Services · Advertising
AppLovin: revenue, profit and cash flow
In fiscal 2025, AppLovin had revenue of $5.48B, up 30.4% a year on average since 2020, and net income of $3.33B (60.8% of revenue).
Revenue, fiscal 2025
average annual revenue growth since 2020 · +70.0% vs 2024
- Ticker
- APP · Nasdaq
- Sector
- Communication Services
- Sub-industry
- Advertising
- Headquarters
- Palo Alto, California
- Founded
- 2012
- In the S&P 500 since
- September 22, 2025
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- AppLovin Corp · CIK 0001751008
Revenue and net income
Revenue went from $994M in 2019 to $5.48B in 2025. Net loss in 2020, 2022.
Diluted earnings per share
Diluted EPS went from $0.36 in 2019 to $9.75 in 2025.
Shares outstanding
From 212M in 2019 to 342M in 2025.
Operating cash flow, capex and free cash flow
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|
| 2025 | $5.48B | $3.33B | 60.8% | $9.75 | 342M | — | — | — |
| 2024 | $3.22B | $1.58B | 49.0% | $4.53 | 348M | $2.1B | $4.78M | $2.09B |
| 2023 | $1.84B | $357M | 19.4% | $0.98 | 363M | $1.06B | $4.25M | $1.06B |
| 2022 | $2.82B | −$193M | −6.8% | −$0.52 | 372M | $413M | $662K | $412M |
| 2021 | $2.79B | $35.4M | 1.3% | $0.09 | 343M | $362M | $1.39M | $360M |
| 2020 | $1.45B | −$125M | −8.6% | −$0.58 | 215M | $223M | $3.24M | $220M |
| 2019 | $994M | $119M | 12.0% | $0.36 | 212M | $198M | $3.36M | $195M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Capital expenditure: no figures after 2024 in the data.
- No dividends per share in the filings data. Usually that means no dividend, but some companies report theirs in a form the data do not capture.
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Advertising companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.