Income StatementBalance SheetCash FlowSegments
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Applovin Corporation Income Statement

Revenue, expenses, and profitability over time

Applovin Corporation generated $6.2B in trailing twelve-month revenue, up 0.7% year-over-year. Net income was $4.0B with a 64.29% net margin. Gross margin stands at 88.37% and operating margin at 77.09%. Diluted EPS is $11.64, which grew 1.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$6.2BGross Profit (TTM)$5.4BOperating Income (TTM)$4.8BNet Income (TTM)$4.0BEps Diluted (TTM)$11.64
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$161.82B
P/E Ratio40.83
ROE269.69%

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share from continuing operations$1.8$2.1$2.3$2.5$3.3$3.6
Diluted earnings per share from continuing operations$1.7$2.1$2.3$2.5$3.2$3.6
Diluted earnings per share from discontinued operations—-$0.4$0.1$0.0$0.0$0.0
EPS from Discontinued Operations, Diluted—-$0.4$0.1$0.0$0.0$0.0
Basic EPS from Continuing Operations$1.8$2.1$2.3$2.5$3.3$3.6
Diluted EPS from Continuing Operations$1.7$2.1$2.3$2.5$3.2$3.6
EPS from Continuing Operations$1.7$2.1$2.3$2.5$3.2$3.6
Diluted EPS from Discontinued Operations—-$0.4$0.1$0.0$0.0$0.0
Diluted EPS from continuing operations$1.7$2.1$2.3$2.5$3.2$3.6
Basic earnings per share$1.77$1.70$2.42$2.47$3.26$3.57
Basic EPS from discontinued operations—$-0.43$0.14$0.00$0.00$0.00
Diluted earnings per share$1.72$1.67$2.39$2.45$3.24$3.56
Continuing operations (in dollars per share)$1.76$2.13$2.28$2.47$3.26$3.57
Continuing operations (in dollars per share)$1.71$2.10$2.26$2.45$3.24$3.56
Discontinued operations (in dollars per share)—$-0.43$0.13$0.00$0.00$0.00
EPS from Continuing Operations$1.8$2.1$2.3$2.5$3.3$3.6
Basic EPS from Continuing Operations$1.8$2.1$2.3$2.5$3.3$3.6
Diluted EPS from Continuing Operations$1.7$2.1$2.3$2.5$3.2$3.6
Diluted EPS from Discontinued Operations—-$0.4$0.1$0.0$0.0$0.0
Basic EPS from continuing operations$1.8$2.1$2.3$2.5$3.3$3.6
Diluted EPS from continuing operations$1.7$2.1$2.3$2.5$3.2$3.6
Diluted EPS from discontinued operations—-$0.4$0.1$0.0$0.0$0.0
Diluted EPS from Continuing Operations$1.8$2.1$2.3$2.5$3.3$3.6
Diluted EPS from Discontinued Operations—-$0.4$0.1$0.0$0.0$0.0
EPS - Discontinued Operations (Diluted)—-$0.4$0.1$0.0$0.0$0.0
Diluted EPS from discontinued operations—-$0.4$0.1$0.0$0.0$0.0
EPS from continuing operations$1.7$2.1$2.3$2.5$3.2$3.6
Discontinued operations per diluted share—-$0.4$0.1$0.0$0.0$0.0
Basic EPS from continuing operations$1.8$2.1$2.3$2.5$3.3$3.6
EPS from Discontinued Operations (Diluted)—-$0.4$0.1$0.0$0.0$0.0
Weighted-average shares, basic755K339.8M338.6M338.5M—337.4M
Weighted-average shares, diluted—344.9M342.2M341M—338.7M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
General and administrative$49.9M$51.5M$55.0M$58.8M$68.2M$44.0M
Research and development$105.9M$56.4M$44.0M$43.9M$82.2M$94.1M
Selling and marketing$62.0M$59.4M$46.9M$48.6M$48.8M$60.8M
Total operating expenses$371.2M$319.0M$301.1M$326.0M$382.7M$402.5M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$846.1M$1.0B$1.1B$1.2B$1.5B$1.6B
Operating income$628.3M$840.0M$957.7M$1.1B$1.3B$1.4B

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Charges$323.0K$7.5M-$22.3M-$6.6M$29.4M$42.6M
Interest expense$93.9M$52.9M$51.4M$51.4M$51.3M$51.2M
Other income (expense), net-$93.6M-$45.4M-$73.7M-$58.1M-$21.9M-$8.5M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$534.7M$794.6M$884.0M$1.0B$1.3B$1.4B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense—$71.1M$112.1M$185.4M$151.1M$225.8M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$599.2M$576.4M$819.5M$835.5M$1.1B$1.2B
Income from Continuing Operations Attributable to Common Shareowners$1.7$2.1$2.3$2.5$3.2$3.6

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Goodwill impairment losses$0.0$188.9M———$0.0
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent$596.1M$723.5M$771.9M$835.5M$1.1B$1.2B
Other income, net (Note 6)$323.0K$7.5M-$22.3M-$6.6M$29.4M$42.6M
Revenue From Contract With Customer Excluding Assessed Tax$999.5M$1.2B$1.3B$1.4B$1.7B$1.8B

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$153.4M$151.7M$155.1M$174.9M$183.5M$203.6M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$999.5M$1.2B$1.3B$1.4B$1.7B$1.8B