AppLovin (APP) EBT (2020 - 2026)
AppLovin (APP) reported EBT of $1.51 billion for Q2 2026, up 70.3% from $884 million a year earlier and up 5.2% from the prior quarter.
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Analysis
AppLovin (APP) EBT (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, AppLovin's EBT came in at $5.21 billion, up 94.4% year-over-year; for FY2025, it was $3.95 billion, up 145.2% from FY2024.
- By year, EBT came in at $1.61 billion in FY2024 (+221.4%), $501.6 million in FY2023, -$205.18 million in FY2022 and $46.31 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly EBT in data going back to Q1 2020.
- Year over year, EBT has now increased in each of the last nine quarters, with growth averaging 148.0% over the last eight quarters.
- The high point for year-over-year EBT in five years was Q2 2023 (growth of 451.6%); the low point was Q3 2022 (a decline of 90.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.43 billion (Q1 2026), $1.25 billion (Q4 2025) and $1.02 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,142.52 Bn | 3,900.05 Bn | 73.85 Bn | 138.75 Bn |
| 2 | Meta Platforms | 1,882.44 Bn | 1,584.96 Bn | 49.47 Bn | 18.76 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 4.07 Bn |
| 4 | Alibaba Group Holding | 250.25 Bn | 68.12 Bn | 15.11 Bn | 5.77 Bn |
| 5 | Shopify | 192.03 Bn | 169.21 Bn | 1.71 Bn | 1.78 Bn |
| 6 | Uber Technologies | 141.56 Bn | 113.53 Bn | 6.38 Bn | 3.28 Bn |
| 7 | Booking Holdings | 121.98 Bn | 55.03 Bn | - | 2.56 Bn |
| 8 | PDD Holdings | 110.31 Bn | -141.62 Bn | 9.45 Bn | 6.06 Bn |
| 9 | AppLovin | 102.49 Bn | 92.52 Bn | 1.70 Bn | 1.51 Bn |
| 10 | Spotify Technology | 101.54 Bn | 58.77 Bn | 1.86 Bn | 836.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.51 Bn |
| Mar 31, 2026 | 1.43 Bn |
| Dec 31, 2025 | 1.25 Bn |
| Sep 30, 2025 | 1.02 Bn |
| Jun 30, 2025 | 884.00 Mn |
| Mar 31, 2025 | 794.61 Mn |
| Dec 31, 2024 | 534.73 Mn |
| Sep 30, 2024 | 467.73 Mn |
| Jun 30, 2024 | 317.88 Mn |
| Mar 31, 2024 | 267.95 Mn |
| Dec 31, 2023 | 299.93 Mn |
| Sep 30, 2023 | 109.23 Mn |
| Jun 30, 2023 | 95.80 Mn |
| Mar 31, 2023 | -3.35 Mn |
| Dec 31, 2022 | -66.17 Mn |
| Sep 30, 2022 | 1.61 Mn |
| Jun 30, 2022 | 17.37 Mn |
| Mar 31, 2022 | -157.98 Mn |
| Dec 31, 2021 | 28.61 Mn |
| Sep 30, 2021 | 17.08 Mn |
API Access
AppLovin EBT 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=ebt&ticker=APP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();