AppLovin Corporation
APP Communication Services Advertising Agencies
In the quarter to June 2026, revenue grew 52.8%, EPS grew 55.8%, free cash flow grew 12.5% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; operating cash flow growth for five consecutive years.
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AppLovin Corporation (APP) Net margin
AppLovin Corporation's net margin over the twelve months to 30 June 2026 was 64.6%, up 3.8 percentage points from fiscal 2025 (60.8%). Over the past ten years it has ranged from −8.63% (fiscal 2020) to 60.8% (fiscal 2025) — the current reading is the highest in ten years. That is above the Advertising Agencies industry median of −7.63% and above the Communication Services sector median of −1.79%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 60.8% | 11.83 |
| FY2024 | 49.0% | 29.63 |
| FY2023 | 19.4% | 26.21 |
| FY2022 | −6.84% | (0.46) |
| FY2022 | −6.38% | (7.52) |
| FY2021 | 1.14% | (0.01) |
| FY2021 | 1.15% | 9.78 |
| FY2020 | −8.63% | (0.02) |
| FY2020 | −8.61% | (16.29) |
| FY2019 | 7.68% | 0.03 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jun 2026 | 65.8% | 0.40 |
| Mar 2026 | 65.4% | (1.04) |
| Dec 2025 | 66.5% | 7.01 |
| Sep 2025 | 59.5% | (5.64) |
| 23 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| APP AppLovin Corporation | 64.6% |
| ZD Ziff Davis, Inc. compare | 44.8% |
| MGNI Magnite, Inc. compare | 22.5% |
| TTD The Trade Desk compare | 13.6% |
| DV DoubleVerify Holdings, Inc. compare | 7.66% |
| QNST QuinStreet, Inc. compare | 6.28% |
| WPP WPP PLC compare | 4.18% |
| OMC Omnicom Group Inc. compare | 1.74% |
| STGW Stagwell Inc. compare | 0.53% |
| Advertising Agencies industry median | −7.63% |
| Communication Services sector median | −1.79% |
| Market median | 0.45% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on APP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow 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