AppLovin (APP) EBITDA Margin (2020 - 2026)

AppLovin's (APP) quarterly EBITDA Margin came in at 78.15% in Q1 2026, up 568.0% year-on-year from 11.7% in Q1 2025, and up 1.61% on a QoQ basis from 76.92% in Q4 2025.

AppLovin (APP) EBITDA Margin (2020 - 2026) Analysis & Trends

AppLovin (APP) has 7 years of EBITDA Margin data on file, last reported at 78.15% in Q1 2026.

  • On a quarterly basis, EBITDA Margin rose 568.0% year-over-year to 78.15% in Q1 2026; TTM through Mar 2026 was 77.09%, a 1265.0% increase from a year earlier, with the FY2025 full-year figure at 75.75%, up 1648.0% from the prior year.
  • EBITDA Margin for Q1 2026 stood at 78.15%, up from 76.92% in the prior quarter.
  • Over the last five years, EBITDA Margin for APP reached as high as 78.15% in Q1 2026 and fell as low as 80.67% in Q4 2023.
  • Historically, EBITDA Margin has averaged 32.38% across 5 years, with a median of 32.09% in 2024.
  • Across the five-year window, EBITDA Margin slumped 7748 bps in 2023 and soared 14353 bps in 2024, its largest moves.
  • Year by year, EBITDA Margin stood at 3.19% in 2022, then tumbled by 2426 bps to 80.67% in 2023, then surged by 178 bps to 62.87% in 2024, then increased by 22 bps to 76.92% in 2025, then rose by 2 bps to 78.15% in 2026.
  • Per Business Quant data, the three most recent EBITDA Margin figures were 78.15% in Q1 2026, 76.92% in Q4 2025, and 76.8% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 AppLovin 134.57 Bn 131.82 Bn 1.64 Bn 78.15%
2 Wpp 26.03 Bn 22.66 Bn - -
3 Omnicom 22.21 Bn 18.26 Bn 1.04 Bn 10.35%
4 Trade Desk 7.97 Bn 6.56 Bn 506.89 Mn 9.68%
5 Magnite 2.57 Bn 2.39 Bn 103.96 Mn 4.70%
6 Ziff Davis 1.94 Bn 1.42 Bn 223.32 Mn 1.10%
7 Stagwell 1.76 Bn 1.66 Bn 244.61 Mn 1.37%
8 DoubleVerify Holdings 1.67 Bn 1.50 Bn 147.67 Mn 8.65%
9 Clear Channel Outdoor Holdings 1.20 Bn 1.03 Bn 193.76 Mn 10.56%
10 Criteo 1.05 Bn 737.13 Mn 222.74 Mn 2.45%

Historic Data

Download Data
DateValue
Mar 31, 2026 78.15%
Dec 31, 2025 76.92%
Sep 30, 2025 76.80%
Jun 30, 2025 76.08%
Mar 31, 2025 72.48%
Dec 31, 2024 62.87%
Sep 30, 2024 63.97%
Jun 30, 2024 54.07%
Mar 31, 2024 32.09%
Dec 31, 2023 -80.67%
Sep 30, 2023 21.56%
Jun 30, 2023 17.51%
Mar 31, 2023 8.53%
Dec 31, 2022 -3.19%
Sep 30, 2022 6.91%
Jun 30, 2022 6.87%
Mar 31, 2022 -20.46%
Dec 31, 2021 7.38%
Sep 30, 2021 6.20%
Jun 30, 2021 5.23%