For the year ending 2025-12-31, APP made $5,480,717K in revenue. $3,333,751K in net income. Net profit margin of 60.83%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | 5,480,717 | 4,709,248 | 3,283,087 | 2,817,058 |
| Cost of revenue | 665,140 | 1,166,806 | 1,059,191 | 1,256,065 |
| Sales and marketing | 203,651 | 849,209 | 830,718 | 919,550 |
| Research and development | 226,510 | 638,689 | 592,386 | 507,607 |
| General and administrative | 233,502 | 181,085 | 152,585 | 181,627 |
| Lease modification and abandonment of leasehold improvements | - | - | - | 0 |
| Extinguishments of acquisition-related contingent consideration | - | - | - | 0 |
| Total costs and expenses | 1,328,803 | 2,835,789 | 2,634,880 | 2,864,849 |
| Income from operations | 4,151,914 | 1,873,459 | 648,207 | -47,791 |
| Interest expense and loss on settlement of debt | 207,016 | 318,260 | 275,665 | 171,863 |
| Other income, net | 8,012 | 20,806 | 8,028 | 14,477 |
| Total other expense, net | -199,004 | -297,454 | -267,637 | -157,386 |
| Income before income taxes | 3,952,910 | 1,576,005 | 380,570 | -205,177 |
| Provision for income taxes | 519,715 | -3,771 | 23,859 | -12,230 |
| Net income from continuing operations | 3,433,195 | - | - | - |
| Net income (loss) | - | 1,579,776 | 356,711 | -192,947 |
| Less net loss attributable to noncontrolling interest | - | 0 | 0 | -201 |
| Loss from discontinued operations, net of income taxes | -99,444 | - | - | - |
| Net income | 3,333,751 | 1,579,776 | 356,711 | -192,746 |
| Less net income attributable to participating securities | - | 2,717 | 1,769 | 0 |
| Net income (loss) attributable to common stockbasic | - | 1,577,059 | 354,942 | -192,746 |
| Basic (in shares) | 338,781,000 | 336,921,483 | 351,952,187 | 371,568,011 |
| Basic net income per share (in dollars per share) | 9.84 | 4.68 | 1.01 | -0.52 |
| Diluted (in shares) | 341,970,000 | 347,807,555 | 362,589,246 | 371,568,011 |
| Diluted net income per share (in dollars per share) | 9.75 | 4.53 | 0.98 | -0.52 |
AppLovin Corp (APP)
AppLovin Corp (APP)