AppLovin Corp financial metrics

Professional SEC-based dashboard for profitability, financial health, and growth with transparent scoring logic. Latest period: Q4 2025.

Symbol
APP on Nasdaq
Location
Palo Alto, CA
Fiscal year end
31 December
Latest financial report
10 Apr 2026

Quick Takeaways

  • APP - AppLovin Corp financial facts are built from SEC company filings data.
  • Latest metrics period on this page: Q4 2025.
  • Headline metric: Return On Equity 213%.

What Changed

  • Return On Equity YoY change: <span class="text-green-600">+54%</span>.
  • Most recent SEC facts end date: 31 Dec 2025.

Why This Matters

  • This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
  • Every metric card links to a deeper SEC-backed history page for verification.

Official SEC Source

Based on latest 10-Q/10-K

Facts and ratios are grounded in SEC company facts linked to the latest 10-Q/10-K cycle.

See Original Filing

Latest SEC snapshot (2025-12-31) highlights Return On Equity 212.9%, Return On Assets 39.5%, and Operating Margin 76.9%.

Financial Quality Score

Transparent 0-100 scoring model based on profitability, financial health, and growth factors.

78.3/100

Balanced Confidence high

Return On Equity

213%

Metric score 100.0/100

Return On Assets

40%

Metric score 100.0/100

Financial Health

Current Ratio
3.32x
Quick Ratio
3.23x
Debt to Equity
1.72x

Strengths

Return On Equity, Return On Assets, and Operating Margin

Watchpoints

Debt-to-equity

Key metrics snapshot

Return On Equity

213%

YoY: +54%

Industry median: 4.3% (n=81)

View history

Return On Assets

40%

YoY: +80%

Industry median: -8.4% (n=76)

View history

Operating Margin

77%

YoY: +28%

Industry median: -6.1% (n=67)

View history

Current Ratio

3.32x

YoY: +52%

Industry median: 1.49x (n=75)

View history

Quick Ratio

3.23x

YoY: +72%

Industry median: 1.33x (n=58)

View history

Debt-to-equity

1.72x

YoY: -26%

Industry median: 0.32x (n=63)

View history

Revenues YoY

70%

YoY:

Industry median: 5.3% (n=61)

View history

NetIncomeLoss YoY

111%

YoY:

Industry median: 5.3% (n=72)

View history

Profitability

Metric Latest value YoY change
Return On Equity 213% +54%
Return On Assets 40% +80%
Operating Margin 77% +28%

Financial Health

Metric Latest value YoY change
Current Ratio 3.32x +52%
Quick Ratio 3.23x +72%
Debt-to-equity 1.72x -26%

Growth

Metric Latest value YoY change
Revenues YoY 70%
NetIncomeLoss YoY 111%

Share Metrics

Metric Latest value YoY change
Common Stock, Shares, Outstanding 338,313,000 -0.51%
Common Stock, Value, Issued $11,000 0%
Weighted Average Number of Shares Outstanding, Basic 338,781,000 +0.55%
Weighted Average Number of Shares Outstanding, Diluted 341,970,000 -1.7%

Additional Metrics

Metric Latest value YoY change
Revenue from Contract with Customer, Excluding Assessed Tax $5,480,717,000 +70%
Cost of Revenue $665,140,000 +28%
Research and Development Expense $226,510,000 -40%
Selling and Marketing Expense $203,651,000 -19%
General and Administrative Expense $233,502,000 +42%
Costs and Expenses $1,328,803,000 +1.2%
Operating Income (Loss) $4,151,914,000 +117%
Nonoperating Income (Expense) $199,004,000 +33%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $3,952,910,000 +145%
Income Tax Expense (Benefit) $519,715,000 +2218%
Earnings Per Share, Basic 9.84 +110%
Earnings Per Share, Diluted 9.75 +115%
Cash and Cash Equivalents, at Carrying Value $2,487,096,000 +257%
Accounts Receivable, after Allowance for Credit Loss, Current $1,819,366,000 +42%
Assets, Current $4,430,792,000 +92%
Operating Lease, Right-of-Use Asset $25,457,000 -30%
Goodwill $1,539,986,000 +5.6%
Other Assets, Noncurrent $456,550,000 -7.4%
Assets $7,259,610,000 +24%
Accounts Payable, Current $746,977,000 +48%
Accrued Liabilities, Current $572,868,000 +43%
Liabilities, Current $1,333,788,000 +26%
Operating Lease, Liability, Noncurrent $17,811,000 -43%
Other Liabilities, Noncurrent $260,353,000 +44%
Liabilities $5,124,939,000 +7.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax $46,987,000 +54%
Retained Earnings (Accumulated Deficit) $1,735,097,000 +190%
Stockholders' Equity Attributable to Parent $2,134,671,000 +96%
Liabilities and Equity $7,259,610,000 +24%
Common Stock, Shares Authorized 1,850,000,000 0%
Common Stock, Shares, Issued 338,313,000 -0.51%
Common Stock, Par or Stated Value Per Share 0 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $2,487,096,000 +257%
Deferred Tax Assets, Valuation Allowance $291,382,000 +285%
Operating Lease, Liability $31,754,000 -33%
Lessee, Operating Lease, Liability, to be Paid $33,655,000 -35%
Operating Lease, Liability, Current $13,943,000 -4%
Lessee, Operating Lease, Liability, to be Paid, Year Two $12,408,000 -19%
Lessee, Operating Lease, Liability, to be Paid, Year One $15,162,000 -9.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.052 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $1,901,000 -52%
Lessee, Operating Lease, Liability, to be Paid, Year Three $5,276,000 -58%
Deferred Tax Assets, Operating Loss Carryforwards $25,735,000 -33%
Preferred Stock, Shares Issued 0
Preferred Stock, Shares Authorized 100,000,000 0%
Unrecognized Tax Benefits $64,205,000 +5.4%
Lessee, Operating Lease, Liability, to be Paid, Year Four $809,000 -85%
Additional Paid in Capital $446,550,000 -25%
Preferred Stock, Shares Outstanding 0
Amortization of Intangible Assets $97,404,000 +4.9%
Deferred Tax Assets, Net of Valuation Allowance $372,282,000 -1.3%
Share-based Payment Arrangement, Expense $211,621,000 -44%
Preferred Stock, Par or Stated Value Per Share 0 0%

How we score

This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.

Metric Weight V1 threshold
ROIC205% to 20%
ROE158% to 25%
ROA102% to 10%
Operating Margin55% to 25%
Current Ratio121.0x to 2.0x
Quick Ratio80.8x to 1.5x
Debt to Equity100.3x to 2.0x (lower is better)
Revenue YoY10-10% to +20%
Net Income YoY10-10% to +20%

How Calculated (standard_v1)

Metrics are computed with a market-consensus convention designed for cross-portal comparability.

  • TTM Operating Income / TTM Revenues
  • Current Assets / Current Liabilities (latest instant quarter)
  • (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
  • Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
  • TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
  • TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
  • TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
  • TTM Revenues YoY
  • TTM Net Income YoY