AppLovin (APP) Gross Profit (2020 - 2026)
AppLovin (APP) posted Gross Profit of $1.94 billion for Q3 2026, up 58.0% from $1.23 billion a year earlier and up 14.5% from the prior quarter.
AppLovin (APP) Gross Profit (2020 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Profit at AppLovin was $6.76 billion, up 61.3% year-over-year; for FY2025, it came in at $4.82 billion, up 78.1% from FY2024.
- Annual Gross Profit shows a five-year compound annual growth rate of 40.0% (FY2020 to FY2025).
- In prior years, AppLovin's Gross Profit was $2.7 billion in FY2024 (+82.0%), $1.49 billion in FY2023 (-4.9%), $1.56 billion in FY2022 (-13.5%) and $1.81 billion in FY2021 (+101.6%).
- The Q3 2026 figure stands as the highest quarterly Gross Profit in data going back to Q1 2020.
- On a year-over-year basis, Gross Profit has increased in each of the last seven quarters, with growth averaging 62.9% over the last seven quarters.
- The strongest year-over-year quarter for Gross Profit in the past five years was Q2 2025, with growth of 87.3%; the weakest was Q4 2022, with a decline of 37.0%.
- According to Business Quant data, Gross Profit for the three prior quarters was $1.7 billion (Q2 2026), $1.64 billion (Q1 2026) and $1.47 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,555.16 Bn | 3,290.06 Bn | 76.16 Bn |
| 2 | Meta Platforms | 1,645.02 Bn | 1,309.54 Bn | 51.23 Bn |
| 3 | Netflix | 259.98 Bn | 221.27 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 242.36 Bn | 241.21 Bn | - |
| 5 | Shopify | 192.37 Bn | 171.18 Bn | 1.78 Bn |
| 6 | Uber Technologies | 142.90 Bn | 113.72 Bn | 6.42 Bn |
| 7 | AppLovin | 130.75 Bn | 119.27 Bn | 1.94 Bn |
| 8 | Spotify Technology | 122.74 Bn | 105.49 Bn | - |
| 9 | Booking Holdings | 122.04 Bn | 55.79 Bn | - |
| 10 | PDD Holdings | 111.67 Bn | 111.67 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.94 Bn |
| 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 |
AppLovin Gross Profit 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=gross-profit&ticker=APP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();