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Applovin Corp income statement

In fiscal 2025, Applovin Corp reported revenue of $5.48bn, up 70.0% on the year before, operating income of $4.15bn (a 75.8% margin) and net income of $3.33bn, or $9.75 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue9941,4512,7932,8171,8423,2245,4816,829
Cost of revenue2415569881,256357521665788
Gross profit7538961,8051,5611,4852,7034,8166,041
Research and development45181366508334375227320
Selling and marketing4826281,130920228253204221
General and administrative3266159182151165234211
Operating income194−62150−487721,9114,1525,288
Interest expense———172282308201199
Income before tax126−13646−2055021,6123,9535,211
Income tax7−1011−124422520801
Net income119−12535−1933571,5803,3344,410
Diluted EPS$0.36−$0.58$0.09−$0.52$0.98$4.53$9.75$13.00
Diluted shares (average)212m215m343m372m363m348m342m339m
EBITDA2871935814991,2612,3604,3475,423

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Applovin Corp's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Applovin Corp.