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) Operating margin
AppLovin Corporation's operating margin over the twelve months to 30 June 2026 was 77.4%, up 1.7 percentage points from fiscal 2025 (75.8%). Over the past ten years it has ranged from −4.28% (fiscal 2020) to 75.8% (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 0.94%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 75.8% | 16.48 |
| FY2024 | 59.3% | 17.33 |
| FY2023 | 41.9% | 43.64 |
| FY2022 | −1.70% | (14.98) |
| FY2022 | 13.3% | 7.91 |
| FY2021 | 5.37% | (5.37) |
| FY2021 | 10.7% | 15.02 |
| FY2020 | −4.28% | (7.17) |
| FY2020 | 2.89% | (16.66) |
| FY2019 | 19.6% | (19.48) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 77.7% | (0.47) |
| Mar 2026 | 78.2% | 1.23 |
| Dec 2025 | 76.9% | 0.12 |
| Sep 2025 | 76.8% | 0.72 |
| 23 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| APP AppLovin Corporation | 77.4% |
| TTD The Trade Desk compare | 19.6% |
| MGNI Magnite, Inc. compare | 18.5% |
| DV DoubleVerify Holdings, Inc. compare | 13.3% |
| ZD Ziff Davis, Inc. compare | 8.53% |
| OMC Omnicom Group Inc. compare | 6.39% |
| STGW Stagwell Inc. compare | 4.04% |
| WPP WPP PLC compare | 0.00% |
| LFTO Liftoff Mobile, Inc compare | — |
| Advertising Agencies industry median | 0.00% |
| Communication Services sector median | 0.94% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on APP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net 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