AppLovin APP
NASDAQ APP
$290.43 -15.23 (-4.98%)
At close: Sep 30, 2026 · 4:00 PM EDT

AppLovin (APP) Acquisitions (2020 - 2023)

Updated

AppLovin's Acquisitions was $12.08 million in Q4 2023, up 19.9% from $10.08 million a year earlier but down 10.2% from the prior quarter.

Analysis

AppLovin (APP) Acquisitions (2020 - 2023) Analysis & Trends

For FY2023, Acquisitions at AppLovin came in at $63.9 million, down 95.3% from FY2022.

  • Acquisitions shows a four-year compound annual growth rate of -36.9% (FY2019 to FY2023).
  • In earlier years, Acquisitions was $1.35 billion in FY2022 (+11.2%), $1.21 billion in FY2021 (+79.4%), $674.65 million in FY2020 (+66.9%) and $404.2 million in FY2019.
  • Quarterly Acquisitions has moved between $2.19 million (Q1 2023) and $1.05 billion (Q1 2022) over five years.
  • Compared with a year earlier, Acquisitions was higher in 1 of the last seven quarters, with an average decline of 57.1%.
  • The best year-over-year quarter for Acquisitions over five years was Q3 2021 (growth of 406.7%); the worst was Q1 2023 (a decline of 99.8%).
  • Per Business Quant data, APP's Acquisitions in the three quarters before Q4 2023 was $13.46 million (Q3 2023), $36.16 million (Q2 2023) and $2.19 million (Q1 2023).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Acquisitions (Qtr)
1 Alphabet 4,142.52 Bn 3,900.05 Bn 73.85 Bn -
2 Meta Platforms 1,882.44 Bn 1,584.96 Bn 49.47 Bn -
3 Netflix 292.72 Bn 252.92 Bn 6.52 Bn -
4 Alibaba Group Holding 250.25 Bn 68.12 Bn 15.11 Bn -
5 Shopify 192.03 Bn 169.21 Bn 1.71 Bn -
6 Uber Technologies 141.56 Bn 113.53 Bn 6.38 Bn 647.00 Mn
7 Booking Holdings 121.98 Bn 55.03 Bn - -
8 PDD Holdings 110.31 Bn -141.62 Bn 9.45 Bn -
9 AppLovin 102.49 Bn 92.52 Bn 1.70 Bn -
10 Spotify Technology 101.54 Bn 58.77 Bn 1.86 Bn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 12.08 Mn
Sep 30, 2023 13.46 Mn
Jun 30, 2023 36.16 Mn
Mar 31, 2023 2.19 Mn
Dec 31, 2022 10.08 Mn
Sep 30, 2022 41.35 Mn
Jun 30, 2022 248.54 Mn
Mar 31, 2022 1.05 Bn
Dec 31, 2021 11.76 Mn
Sep 30, 2021 181.78 Mn
Jun 30, 2021 1.01 Bn
Mar 31, 2021 4.15 Mn
Dec 31, 2020 115.57 Mn
Sep 30, 2020 35.88 Mn
Jun 30, 2020 468.70 Mn
Mar 31, 2020 54.50 Mn
API Access

AppLovin Acquisitions 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=acquisitions&ticker=APP&period=max&api_key=YOUR_API_KEY