AppLovin (APP) Gross Profit (2020 - 2026)
AppLovin's (APP) quarterly Gross Profit came in at $1.7 billion in Q2 2026, up 53.84% year-over-year from $1.1 billion in Q2 2025, and up 3.6% quarter-over-quarter from $1.6 billion in Q1 2026.
Analysis
AppLovin (APP) Gross Profit (2020 - 2026) Analysis & Trends
AppLovin (APP) has reported Gross Profit for 7 consecutive years, with $1.7 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Profit rose 53.84% year-over-year to $1.7 billion in Q2 2026; TTM through Jun 2026 was $6.0 billion, a 64.55% increase from a year earlier, with the FY2025 full-year figure at $4.8 billion, up 78.13% from the prior year.
- Gross Profit was $1.7 billion for Q2 2026 at AppLovin, up from $1.6 billion in the prior quarter.
- Over five years, Gross Profit peaked at $1.7 billion in Q2 2026 and troughed at -$59.1 million in Q4 2023.
- A 5-year average of $784.0 million and a median of $656.7 million in 2023 frame the typical range for Gross Profit.
- Across the five-year window, Gross Profit tumbled 117.75% in 2023 and jumped 1531.8% in 2024, its largest moves.
- Over 5 years, Gross Profit stood at $332.9 million in 2022, then plunged by 117.75% to -$59.1 million in 2023, then jumped by 1531.8% to $846.1 million in 2024, then jumped by 74.26% to $1.5 billion in 2025, then increased by 15.16% to $1.7 billion in 2026.
- The last three Gross Profit figures came in at $1.7 billion (Q2 2026), $1.6 billion (Q1 2026), and $1.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,988.57 Bn | 3,559.53 Bn | 73.85 Bn |
| 2 | AppLovin | 102.43 Bn | 99.38 Bn | 1.70 Bn |
| 3 | Trade Desk | 6.51 Bn | 5.03 Bn | 530.72 Mn |
| 4 | Magnite | 3.38 Bn | 3.05 Bn | 130.79 Mn |
| 5 | DoubleVerify Holdings | 2.06 Bn | 1.85 Bn | 161.31 Mn |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - |
| 7 | Taboola.com | 1.03 Bn | 897.53 Mn | 139.48 Mn |
| 8 | Quinstreet | 1.02 Bn | 890.87 Mn | 49.81 Mn |
| 9 | Ibotta | 916.56 Mn | 768.39 Mn | 69.72 Mn |
| 10 | Mntn | 867.15 Mn | 629.87 Mn | 66.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.70 Bn |
| Mar 31, 2026 | 1.64 Bn |
| Dec 31, 2025 | 1.47 Bn |
| Sep 30, 2025 | 1.23 Bn |
| Jun 30, 2025 | 1.10 Bn |
| Mar 31, 2025 | 1.01 Bn |
| Dec 31, 2024 | 846.09 Mn |
| Sep 30, 2024 | 714.27 Mn |
| Jun 30, 2024 | 589.26 Mn |
| Mar 31, 2024 | 763.97 Mn |
| Dec 31, 2023 | -59.09 Mn |
| Sep 30, 2023 | 599.21 Mn |
| Jun 30, 2023 | 491.59 Mn |
| Mar 31, 2023 | 453.45 Mn |
| Dec 31, 2022 | 332.94 Mn |
| Sep 30, 2022 | 412.11 Mn |
| Jun 30, 2022 | 472.30 Mn |
| Mar 31, 2022 | 343.64 Mn |
| Dec 31, 2021 | 528.34 Mn |
| Sep 30, 2021 | 472.90 Mn |