AppLovin Corporation income statement & cash flow
In the fiscal year ended Dec 31, 2025, AppLovin Corporation reported net income of $3.33B on revenue of $5.48B. Operating cash flow was $3.97B.
Income statement and cash flow summary
| Fiscal year ended | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $994.10M | $1.45B | $2.79B | $2.82B | $1.84B | $3.22B | $5.48B |
| Operating income | $194.37M | −$62.04M | $150.02M | −$47.79M | $772.41M | $1.91B | $4.15B |
| Net income | $119.04M | −$125.19M | $35.45M | −$192.75M | $356.71M | $1.58B | $3.33B |
| Diluted EPS | $0.36 | −$0.58 | $0.09 | −$0.52 | $0.98 | $4.53 | $9.75 |
| Operating cash flow | $198.46M | $222.88M | $361.85M | $412.77M | $1.06B | $2.10B | $3.97B |
| Capital expenditures | $3.36M | $3.24M | $1.39M | $662.00K | $4.25M | $4.78M | — |
| Reported in | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 75.8% | 60.8% |
| Dec 2024 | — | 59.3% | 49.0% |
| Dec 2023 | — | 41.9% | 19.4% |
| Dec 2022 | — | -1.7% | -6.8% |
| Dec 2021 | — | 5.4% | 1.3% |
Source: SEC EDGAR XBRL company facts for CIK 1751008 (raw data). Most recent filing in this dataset: 10-Q filed Aug 5, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.