AppLovin (APP) Cost of Revenue (2020 - 2026)

AppLovin (APP) has 7 years of Cost of Revenue data on file, last reported at $203.6 million in Q1 2026.

• On a quarterly basis, Cost of Revenue rose 34.25% year-over-year to $203.6 million in Q1 2026; TTM through Mar 2026 was $717.1 million, a 30.92% increase from a year earlier, with the FY2025 full-year figure at $665.1 million, up 27.76% from the prior year.
• Cost of Revenue for Q1 2026 stood at $203.6 million, up from $183.5 million in the prior quarter.
• Over the last five years, Cost of Revenue for APP reached as high as $369.4 million in Q4 2022 and fell as low as -$429.0 million in Q4 2023.
• Historically, Cost of Revenue has averaged $186.6 million across 5 years, with a median of $203.6 million in 2026.
• Across the five-year window, Cost of Revenue slumped 216.14% in 2023 and jumped 135.76% in 2024, its largest moves.
• Year by year, Cost of Revenue stood at $369.4 million in 2022, then slumped by 216.14% to -$429.0 million in 2023, then soared by 135.76% to $153.4 million in 2024, then advanced by 19.65% to $183.5 million in 2025, then rose by 10.95% to $203.6 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $203.6 million in Q1 2026, $183.5 million in Q4 2025, and $174.9 million in Q3 2025.