Applovin Corporation Class A Common Stock (APP) Financial Statements
Historical financial data — 22 statements covering FY2021–FY2025
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 transacti...
Applovin Corporation Class A Common Stock's revenue increased 16.4% year over year, from $4.71B to $5.48B.
Net income increased 111.0% over the same period, from $1.58B to $3.33B.
Over the 4-year period from FY2021 to FY2025, revenue grew by 96% in total.
Total debt remained relatively stable at $3.51B.
The debt-to-equity ratio stands at 1.65, indicating a elevated leverage profile.
Operating cash flow grew 89.2% to $3.97B.
Applovin Corporation Class A Common Stock maintains a strong net profit margin of 60.8%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $1.20B+10.9% | $434.0M | $928.6M | $534.9M | $550.7M | $5.44B | $3.51B | $938.2M |
| Q4 FY2024 | $1.37B+14.6% | $601.4M | $1.05B | $608.0M | $701.0M | $5.87B | $3.51B | $1.09B |
| Q1 FY2025 | $1.48B+8.1% | $576.3M | $1.21B | $663.5M | $831.7M | $5.71B | $3.71B | $575.4M |
| Q2 FY2025 | $933.7M-37.1% | $819.7M | $898.2M | $1.13B | $772.2M | $5.96B | $3.51B | $1.17B |
| Q3 FY2025 | $1.41B+50.5% | $835.5M | $1.23B | $1.08B | $1.05B | $6.34B | $3.51B | $1.47B |
| Q4 FY2025 | $1.66B+18.0% | $1.10B | $1.47B | $1.28B | $1.31B | $7.26B | $3.51B | $2.13B |
| Q1 FY2026 | $1.84B+11.1% | $1.21B | $1.64B | $1.44B | $1.29B | $7.71B | $3.51B | $2.36B |
| Q2 FY2026 | $1.92B+4.4% | $1.27B | $1.70B | $1.49B | $869.0M | $8.27B | $3.52B | $3.16B |
Balance Sheet Summary (Q2 FY2026)
Applovin Corporation Class A Common Stock (APP) Financial Statements & Revenue History
Applovin Corporation Class A Common Stock (APP) is a US-listed stock operating in the Technology sector, specifically the Services-Computer Programming, Data Processing, Etc. industry trading at $265.15 with a market capitalization of $89. This page provides 22 historical financial statements for Applovin Corporation Class A Common Stock, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Applovin Corporation Class A Common Stock reported revenue of $5.5 billion, representing 16.4% year-over-year growth. The net profit margin of 60.8% reflects strong profitability. The debt-to-equity ratio of 1.65 indicates elevated leverage.
APP Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Applovin Corporation Class A Common Stock's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether APP is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track APP's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Applovin Corporation Class A Common Stock converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of APP's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use APP Financial Data
Investors use Applovin Corporation Class A Common Stock's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare APP's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how APP's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View APP's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Applovin Corporation Class A Common Stock's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.APP trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

