What is Applovin Corporation's R&D?

Applovin Corporation (APP) reported R&D of $94.1M in Q1 2026.

How has Applovin Corporation's R&D changed year-over-year?

Applovin Corporation's R&D increased by 66.8% year-over-year, from $56.41M to $94.1M.

What is the long-term trend for Applovin Corporation's R&D?

Over 3 years (2021 to 2025), Applovin Corporation's R&D has grown at a -14.8% compound annual growth rate (CAGR), from $366.4M to $226.51M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Applovin Corporation APP R&D

R&D at other companies

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$9.46M+3.8%

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$17.7B+45.7%

The Trade DeskTTD

$142.72M+7.8%

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Alphabet Inc.GOOGL

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Other financials

Income statement

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Revenue$1.8B+59.0%

Gross profit$1.6B+62.7%

Operating income$1.4B+71.4%

Net income$1.2B+109%

EPS (diluted)$3.56+113%

Balance sheet

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Cash & equivalents$2.8B+408%

Total debt$3.5B-5.3%

Total equity$2.4B+311%

Total assets$7.7B+35.1%

Cash flow

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Operating cash flow$1.3B+55.3%

CapEx$1.2M+389%

Free cash flow$523.6M+52.3%

Valuation

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Market cap$173.09B+50.6%

Enterprise value$173.84B+48.3%

P/E43.7×-3.6×

P/S28.1×+1.1×

Profitability

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Gross margin88.4%+3.2pp

Operating margin77.1%+12.7pp

Net margin64.3%+12.5pp

FCF margin58.1%—

Returns & leverage

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Return on equity269.7%-17.8pp

Debt / equity1.5×-5.0×

Current ratio3.2×+1.6×

Where this comes from

Reported directly by Applovin Corporation in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Applovin Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Applovin Corporation's R&D?: Applovin Corporation (APP) reported R&D of $94.1M in Q1 2026.
How has Applovin Corporation's R&D changed year-over-year?: Applovin Corporation's R&D increased by 66.8% year-over-year, from $56.41M to $94.1M.
What is the long-term trend for Applovin Corporation's R&D?: Over 3 years (2021 to 2025), Applovin Corporation's R&D has grown at a -14.8% compound annual growth rate (CAGR), from $366.4M to $226.51M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.