AppLovin Corp.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.92B | $1.84B | $1.66B | $1.41B | $1.26B | $1.16B | $619.7M | $835.2M |
| Cost of Revenue | $225.8M | $203.6M | $183.5M | $174.9M | $155.1M | $151.7M | $-16.2M | $120.9M |
| Gross Profit | $1.70B | $1.64B | $1.47B | $1.23B | $1.10B | $1.01B | $636.0M | $714.3M |
| Gross Margin | 88.3% | 88.9% | 88.9% | 87.6% | 87.7% | 86.9% | 102.6% | 85.5% |
| Operating Expenses | ||||||||
| Research & Development | $99.9M | $94.1M | $82.2M | $43.9M | $44.0M | $56.4M | $39.5M | $80.8M |
| SG&A Expense | $40.3M | $44.0M | $68.2M | $58.8M | $55.0M | $51.5M | $47.6M | $36.2M |
| Operating Income | $1.49B | $1.44B | $1.28B | $1.08B | $957.7M | $840.0M | $652.7M | $534.3M |
| Operating Margin | 77.7% | 78.2% | 76.9% | 76.8% | 76.1% | 72.5% | 105.3% | 64.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.51B | $1.43B | $1.25B | $1.02B | $884.0M | $794.6M | $558.4M | $467.7M |
| Income Tax Expense | $239.0M | $225.8M | $151.1M | $185.4M | $112.1M | $71.1M | $-60.9M | $34.7M |
| Net Income | $1.27B | $1.21B | $1.10B | $835.5M | $819.5M | $576.4M | $599.2M | $434.4M |
| Net Margin | 65.8% | 65.4% | 66.5% | 59.5% | 65.1% | 49.7% | 96.7% | 52.0% |
| EPS (Basic) | $3.77 | $3.57 | $3.25 | $2.47 | $2.42 | $1.70 | $1.77 | $1.29 |
| EPS (Diluted) | $3.76 | $3.56 | $3.24 | $2.45 | $2.39 | $1.67 | $1.72 | $1.25 |
| Shares Outstanding (Basic) | 335.8M | 337.4M | 338.8M | 338.5M | 338.6M | 339.8M | 336.9M | 336.9M |
| Shares Outstanding (Diluted) | 337.0M | 338.7M | 342.0M | 341.0M | 342.2M | 344.9M | 347.8M | 348.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |