AppLovin Corporation (APP) Earnings History
Annual and quarterly earnings data from 2018 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 87.9% | 75.8% | 60.8% |
| 2024 | 75.2% | 39.8% | 33.5% |
| 2023 | 67.7% | 19.7% | 10.9% |
| 2022 | 55.4% | -1.7% | -6.8% |
| 2021 | 64.6% | 5.4% | 1.3% |
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AppLovin Corporation (APP) Earnings Overview
As of February 28, 2026, AppLovin Corporation (APP) reported trailing twelve-month net income of $3.33B, reflecting +1.2% year-over-year growth. The company earned $9.81 per diluted share over the past four quarters, with a net profit margin of 0.6%.
Looking at the long-term picture, APP's historical earnings data spans multiple years. The company achieved its highest annual net income of $3.33B in fiscal 2025, representing a new all-time high.
AppLovin Corporation maintains positive profitability with a gross margin of 0.9%, operating margin of 0.8%, and net margin of 0.6%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including TTD ($443M net income, 0.2% margin), SRAD ($95M net income, 0.0% margin), GTM ($124M net income, 0.1% margin), APP has outperformed on profitability metrics. Compare APP vs TTD →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
8 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.33B | +111.0% | $4.15B | $9.75 | 60.8% | 75.8% |
| 2024 | $1.58B | +342.9% | $1.87B | $4.53 | 33.5% | 39.8% |
| 2023 | $357M | +285.1% | $648M | $0.98 | 10.9% | 19.7% |
| 2022 | -$193M | -643.8% | -$48M | $-0.52 | -6.8% | -1.7% |
| 2021 | $35M | +128.3% | $150M | $0.09 | 1.3% | 5.4% |
| 2020 | -$125M | -205.2% | -$62M | $-0.58 | -8.6% | -4.3% |
| 2019 | $119M | +145.8% | $194M | $0.36 | 12.0% | 19.6% |
| 2018 | -$260M | - | $242M | $-1.37 | -53.8% | 50.2% |
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Start ComparisonFrequently Asked Questions
Is APP growing earnings?
APP EPS of $9.81 reflects slowing growth at +1.2%, below the 5-year CAGR of N/A. TTM net income is $3.3B. Expansion rate has moderated.
What are APP's profit margins?
AppLovin Corporation net margin is +0.6%, with operating margin at +0.8%. Below-average margins reflect competitive or cost pressures.
How consistent are APP's earnings?
APP earnings data spans 2018-2025. The current earnings trend is +1.2% YoY. Historical data enables comparison across business cycles.