AppLovin (APP) Gross Profit (2020 - 2026)
AppLovin (APP) posted quarterly Gross Profit of $1.6 billion for Q1 2026, up 62.7% year-over-year from $1.0 billion in Q1 2025, and up 11.15% quarter-over-quarter from $1.5 billion in Q4 2025.
AppLovin (APP) Gross Profit (2020 - 2026) Analysis & Trends
AppLovin (APP) has reported Gross Profit for 7 consecutive years, with $1.6 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Profit rose 62.7% year-over-year to $1.6 billion; the TTM figure through Mar 2026 stood at $5.4 billion (up 72.55% YoY), while the FY2025 annual figure was $4.8 billion, up 78.13% from the prior year.
- Gross Profit improved to $1.6 billion in Q1 2026 per APP's latest filing, from $1.5 billion in the prior quarter.
- Across five years, Gross Profit topped out at $1.6 billion in Q1 2026 and bottomed at -$59.1 million in Q4 2023.
- Historically, Gross Profit has averaged $730.2 million across 5 years, with a median of $599.2 million in 2023.
- Annual changes were most pronounced in 2023 — Gross Profit slumped 117.75% — and 2024, when it surged 1531.8%.
- AppLovin's Gross Profit stood at $332.9 million in 2022, then plunged by 117.75% to -$59.1 million in 2023, then soared by 1531.8% to $846.1 million in 2024, then soared by 74.26% to $1.5 billion in 2025, then gained by 11.15% to $1.6 billion in 2026.
- Business Quant data shows APP's Gross Profit at $1.6 billion in Q1 2026, $1.5 billion in Q4 2025, and $1.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | AppLovin | 103.70 Bn | 100.65 Bn | 1.70 Bn |
| 2 | Omnicom | 24.37 Bn | 21.03 Bn | 1.30 Bn |
| 3 | Trade Desk | 6.27 Bn | 4.78 Bn | 530.72 Mn |
| 4 | Wpp | 5.67 Bn | 2.50 Bn | - |
| 5 | Magnite | 3.35 Bn | 3.02 Bn | 130.79 Mn |
| 6 | Stagwell | 2.09 Bn | 1.98 Bn | 269.24 Mn |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn |
| 8 | Ziff Davis | 2.02 Bn | 410.50 Mn | 241.03 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.22 Bn | 1.02 Bn | 241.86 Mn |
| 10 | Quinstreet | 1.17 Bn | 1.06 Bn | 41.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.70 Bn |
| Jun 30, 2026 | 1.70 Bn |
| Mar 31, 2026 | 1.64 Bn |
| Mar 31, 2026 | 1.64 Bn |
| Dec 31, 2025 | 1.47 Bn |
| Dec 31, 2025 | 1.47 Bn |
| Sep 30, 2025 | 1.23 Bn |
| Sep 30, 2025 | 1.23 Bn |
| Jun 30, 2025 | 1.10 Bn |
| Jun 30, 2025 | 1.10 Bn |
| Mar 31, 2025 | 1.01 Bn |
| Mar 31, 2025 | 1.01 Bn |
| Dec 31, 2024 | 846.09 Mn |
| Dec 31, 2024 | 846.09 Mn |
| Sep 30, 2024 | 714.27 Mn |
| Sep 30, 2024 | 714.27 Mn |
| Jun 30, 2024 | 589.26 Mn |
| Jun 30, 2024 | 589.26 Mn |
| Mar 31, 2024 | 763.97 Mn |
| Mar 31, 2024 | 763.97 Mn |