What is Applovin Corporation's software platform revenue — revenue?

Applovin Corporation (APP) reported software platform revenue — revenue of $835.19M in Q3 2024.

How has Applovin Corporation's software platform revenue — revenue changed year-over-year?

Applovin Corporation's software platform revenue — revenue increased by 65.6% year-over-year, from $504.45M to $835.19M.

What is the long-term trend for Applovin Corporation's software platform revenue — revenue?

Over 2 years (2021 to 2023), Applovin Corporation's software platform revenue — revenue has grown at a 65.3% compound annual growth rate (CAGR), from $673.95M to $1.84B.

What does software platform revenue — revenue mean?

Total revenue earned from the company's core software platform and developer tools.

Discontinued — last reported Q3 '24

Business Segments · Revenue

Software Platform Revenue — Revenue

Applovin Corporation Software Platform Revenue — Revenue increased by 17.5% to $835.19M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 65.6%, from $504.45M to $835.19M. Over 2 years (FY 2021 to FY 2023), Software Platform Revenue — Revenue shows an upward trend with a 65.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryGrowth

SignalHigher is better

VolatilityModerate

First reportedQ1 2020

Last reportedQ3 2024

Rolls up toTotal Revenue

How to read this metric

An increase indicates strong adoption of the company's software tools and successful monetization of the developer ecosystem.

Detailed definition

This metric represents the total revenue generated specifically from the software platform segment, which includes tools...

Peer comparison

Comparable to SaaS subscription or platform-as-a-service revenue metrics at other mobile technology or ad-tech companies.

Metric ID: app_segment_software_platform_revenue_revenue

Historical Data

14 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24
Value	$145.66M	$193.31M	$246.56M	$118.84M	$317.54M	$306.59M	$306.20M	$354.76M	$406.06M	$504.45M	$576.49M	$678.37M	$711.02M	$835.19M
QoQ Change	—	+32.7%	+27.5%	-51.8%	+167.2%	-3.4%	-0.1%	+15.9%	+14.5%	+24.2%	+14.3%	+17.7%	+4.8%	+17.5%
YoY Change	—	—	—	—	+118.0%	+58.6%	+24.2%	+198.5%	+27.9%	+64.5%	+88.3%	+91.2%	+75.1%	+65.6%

Range$118.84M – $835.19M

CAGR+71.1%

Avg YoY Growth+81.2%

Median YoY Growth+70.3%

Current Streak7 quarters growth

Similar Metrics at Other Companies

CienaCIEN View metric

ShopifySHOP View metric

MST

MicroStrategyMSTR View metric

Palantir Technologies Inc.PLTR View metric

SynopsysSNPS View metric

OracleORCL View metric

Frequently Asked Questions

What is Applovin Corporation's software platform revenue — revenue?: Applovin Corporation (APP) reported software platform revenue — revenue of $835.19M in Q3 2024.
How has Applovin Corporation's software platform revenue — revenue changed year-over-year?: Applovin Corporation's software platform revenue — revenue increased by 65.6% year-over-year, from $504.45M to $835.19M.
What is the long-term trend for Applovin Corporation's software platform revenue — revenue?: Over 2 years (2021 to 2023), Applovin Corporation's software platform revenue — revenue has grown at a 65.3% compound annual growth rate (CAGR), from $673.95M to $1.84B.
What does software platform revenue — revenue mean?: Total revenue earned from the company's core software platform and developer tools.