AppLovin Corporation
APP Communication Services Advertising Agencies
AppLovin Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.5 billion, up 70.0% from fiscal 2024.
- Revenue
- +52.8%
- EPS
- +55.8%
- Free cash flow
- +12.5%
- Total debt
- +0.12%
Quarter to June 2026, against a year earlier
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AppLovin Corporation (APP) Free cash flow margin
AppLovin Corporation's free cash flow margin over the twelve months to 30 June 2026 was 66.3%, down 5.6 percentage points from fiscal 2025 (71.9%). Over the past ten years it has ranged from −31.7% (fiscal 2022) to 71.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Advertising Agencies industry median of 0.00% and above the Communication Services sector median of 1.75%.
Free cash flow margin, annual
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Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 71.9% | 7.76 |
| FY2024 | 64.2% | 9.80 |
| FY2023 | 54.4% | 86.06 |
| FY2022 | −31.7% | (45.32) |
| FY2022 | 13.6% | 0.30 |
| FY2021 | 13.3% | 0.38 |
| FY2021 | 13.0% | (2.18) |
| FY2020 | 15.1% | (0.22) |
| FY2020 | 15.4% | (4.27) |
| FY2019 | 19.6% | (0.34) |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| APP AppLovin Corporation | 66.3% |
| MGNI Magnite, Inc. compare | 29.2% |
| TTD The Trade Desk compare | 28.9% |
| ZD Ziff Davis, Inc. compare | 23.9% |
| DV DoubleVerify Holdings, Inc. compare | 21.3% |
| OMC Omnicom Group Inc. compare | 11.6% |
| STGW Stagwell Inc. compare | 8.66% |
| WPP WPP PLC compare | 0.00% |
| LFTO Liftoff Mobile, Inc compare | — |
| Advertising Agencies industry median | 0.00% |
| Communication Services sector median | 1.75% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement