AppLovin (APP) Gross Margin (2020 - 2026)

AppLovin (APP) has 7 years of Gross Margin data on file, last reported at 88.95% in Q1 2026.

• On a quarterly basis, Gross Margin rose 204.0% year-over-year to 88.95% in Q1 2026; TTM through Mar 2026 was 88.37%, a 315.0% increase from a year earlier, with the FY2025 full-year figure at 87.86%, up 401.0% from the prior year.
• Gross Margin for Q1 2026 stood at 88.95%, roughly flat from 88.93% in the prior quarter.
• Over the last five years, Gross Margin for APP reached as high as 88.95% in Q1 2026 and fell as low as 12.11% in Q4 2023.
• Historically, Gross Margin has averaged 70.39% across 5 years, with a median of 72.2% in 2024.
• Across the five-year window, Gross Margin slumped 3530 bps in 2023 and jumped 7255 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 47.41% in 2022, then sank by 74 bps to 12.11% in 2023, then jumped by 599 bps to 84.65% in 2024, then advanced by 5 bps to 88.93% in 2025, then rose by 0 bps to 88.95% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 88.95% in Q1 2026, 88.93% in Q4 2025, and 87.56% in Q3 2025.