AppLovin Corp
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $5.5B | $3.2B | $1.8B | $2.8B | $2.8B |
| Operating income | $4.2B | $1.9B | $772.4M | -$47.8M | $150.0M |
| Cost of revenue | $665.1M | $520.6M | $356.6M | $1.3B | $988.1M |
| Cash from operations | $4.0B | $2.1B | $1.1B | $412.8M | $361.9M |
| Capital expenditure | — | $4.8M | $4.2M | $662,000 | $1.4M |
| Free cash flow | — | $2.1B | $1.1B | $412.1M | $360.5M |
| Share repurchases | $2.2B | $981.3M | $1.2B | $338.9M | $0 |
| Impairments | $188.9M | $0 | $0 | $127.9M | $0 |
| Total assets | $7.3B | $5.9B | $5.4B | $5.8B | $6.2B |
| Total liabilities | $5.1B | $4.8B | $4.1B | $3.9B | $4.0B |
| Total debt | $3.5B | $3.5B | $3.2B | — | — |
Shares outstanding 335.9M · Free float 79.4%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.