AppLovin (APP) Accumulated Expenses (2020 - 2026)
AppLovin (APP) posted Accumulated Expenses of $475.02 million for Q2 2026, down 4.1% from $495.22 million a year earlier and down 40.4% from the prior quarter.
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Analysis
AppLovin (APP) Accumulated Expenses (2020 - 2026) Analysis & Trends
At the end of FY2025, AppLovin's Accumulated Expenses came in at $586.81 million, up 46.1% from FY2024.
- Annual Accumulated Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 43.9% (FY2020 to FY2025).
- In prior years, AppLovin's Accumulated Expenses was $401.53 million in FY2024 (+51.4%), $265.26 million in FY2023 (+79.5%), $147.8 million in FY2022 (+10.5%) and $133.77 million in FY2021 (+40.7%).
- The Q2 2026 figure stands as the lowest quarterly Accumulated Expenses since Q4 2024.
- On a year-over-year basis, Accumulated Expenses increased in seven of the last eight quarters, with growth averaging 63.7%.
- The strongest year-over-year quarter for Accumulated Expenses in the past five years was Q2 2025, with growth of 113.1%; the weakest was Q2 2026, with a decline of 4.1%.
- According to Business Quant data, Accumulated Expenses for the three prior quarters was $796.86 million (Q1 2026), $586.81 million (Q4 2025) and $510.95 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,939.60 Bn | 3,697.12 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,653.27 Bn | 1,355.79 Bn | 49.47 Bn |
| 3 | Netflix | 275.33 Bn | 236.63 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 236.23 Bn | 58.44 Bn | 15.11 Bn |
| 5 | Shopify | 218.65 Bn | 195.83 Bn | 1.71 Bn |
| 6 | Uber Technologies | 140.84 Bn | 112.82 Bn | 6.38 Bn |
| 7 | Booking Holdings | 121.05 Bn | 54.10 Bn | - |
| 8 | Spotify Technology | 120.09 Bn | 77.01 Bn | 1.89 Bn |
| 9 | PDD Holdings | 112.69 Bn | -131.09 Bn | 9.45 Bn |
| 10 | AppLovin | 88.61 Bn | 78.64 Bn | 1.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 475.02 Mn |
| Mar 31, 2026 | 796.86 Mn |
| Dec 31, 2025 | 586.81 Mn |
| Sep 30, 2025 | 510.95 Mn |
| Jun 30, 2025 | 495.22 Mn |
| Mar 31, 2025 | 541.38 Mn |
| Dec 31, 2024 | 401.53 Mn |
| Sep 30, 2024 | 240.28 Mn |
| Jun 30, 2024 | 232.33 Mn |
| Mar 31, 2024 | 256.40 Mn |
| Dec 31, 2023 | 265.26 Mn |
| Sep 30, 2023 | 181.68 Mn |
| Jun 30, 2023 | 159.16 Mn |
| Mar 31, 2023 | 165.58 Mn |
| Dec 31, 2022 | 147.80 Mn |
| Sep 30, 2022 | 137.28 Mn |
| Jun 30, 2022 | 162.98 Mn |
| Mar 31, 2022 | 160.42 Mn |
| Dec 31, 2021 | 133.77 Mn |
| Sep 30, 2021 | 131.88 Mn |
API Access
AppLovin Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=APP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "APP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();