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

AppLovin (APP) has 7 years of Cost of Revenue data on file, last reported at $60.8 million in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $60.8 million, up 2.3% year-over-year; the trailing twelve-month figure through Mar 2026 was $447.9 million (up 245.18% YoY), and the FY2025 annual result was $665.1 million, up 163.04% from the prior year.
• Cost of Revenue fell to $60.8 million in Q1 2026 per APP's latest filing, from $183.5 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $537.1 million in Q4 2022 and troughed at -$251.1 million in Q4 2023.
• A 5-year average of $146.1 million and a median of $183.5 million in 2025 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2023 and 2025: Cost of Revenue plunged 146.76% in 2023, then surged 260.49% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $537.1 million in 2022, then sank by 146.76% to -$251.1 million in 2023, then jumped by 54.47% to -$114.4 million in 2024, then surged by 260.49% to $183.5 million in 2025, then plunged by 66.9% to $60.8 million in 2026.
• Business Quant data shows APP's Cost of Revenue at $60.8 million in Q1 2026, $183.5 million in Q4 2025, and $48.6 million in Q3 2025.