AppLovin (APP) Net Income (2020 - 2026)
AppLovin (APP) recorded Net Income of $1.44 billion in Q3 2026, up 72.2% from $835.55 million a year earlier and up 13.6% from the prior quarter.
AppLovin (APP) Net Income (2020 - 2026) Analysis & Trends
On a TTM basis, AppLovin's Net Income came in at $5.01 billion as of Sep 30, 2026, up 77.1% year-over-year; for FY2025, it was $3.33 billion, up 111.0% from FY2024.
- Across earlier years, Net Income came in at $1.58 billion in FY2024 (+342.9%), $356.71 million in FY2023, -$192.95 million in FY2022 and $35.45 million in FY2021.
- The Q3 2026 figure is the highest quarterly Net Income in data going back to Q1 2020.
- On a year-over-year basis, Net Income has increased for ten consecutive quarters, with growth averaging 121.1% over the last eight quarters.
- The year-over-year growth in Net Income has ranged between 54.5% (Q2 2026) and 357.0% (Q3 2023) over the last five years.
- Per Business Quant, the preceding three quarters came in at $1.27 billion (Q2 2026), $1.21 billion (Q1 2026) and $1.1 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,555.16 Bn | 3,290.06 Bn | 76.16 Bn | 26.47 Bn |
| 2 | Meta Platforms | 1,645.02 Bn | 1,309.54 Bn | 51.23 Bn | 9.86 Bn |
| 3 | Netflix | 259.98 Bn | 221.27 Bn | 6.80 Bn | 3.66 Bn |
| 4 | Alibaba Group Holding | 242.36 Bn | 241.21 Bn | - | - |
| 5 | Shopify | 192.37 Bn | 171.18 Bn | 1.78 Bn | 462.00 Mn |
| 6 | Uber Technologies | 142.90 Bn | 113.72 Bn | 6.42 Bn | 569.00 Mn |
| 7 | AppLovin | 130.75 Bn | 119.27 Bn | 1.94 Bn | 1.44 Bn |
| 8 | Spotify Technology | 122.74 Bn | 105.49 Bn | - | - |
| 9 | Booking Holdings | 122.04 Bn | 55.79 Bn | - | 2.72 Bn |
| 10 | PDD Holdings | 111.67 Bn | 111.67 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.44 Bn |
| Jun 30, 2026 | 1.27 Bn |
| Mar 31, 2026 | 1.21 Bn |
| Dec 31, 2025 | 1.10 Bn |
| Sep 30, 2025 | 835.55 Mn |
| Jun 30, 2025 | 819.53 Mn |
| Mar 31, 2025 | 576.42 Mn |
| Dec 31, 2024 | 599.20 Mn |
| Sep 30, 2024 | 434.42 Mn |
| Jun 30, 2024 | 309.97 Mn |
| Mar 31, 2024 | 236.18 Mn |
| Dec 31, 2023 | 172.23 Mn |
| Sep 30, 2023 | 108.64 Mn |
| Jun 30, 2023 | 80.36 Mn |
| Mar 31, 2023 | -4.52 Mn |
| Dec 31, 2022 | -79.51 Mn |
| Sep 30, 2022 | 23.77 Mn |
| Jun 30, 2022 | -21.75 Mn |
| Mar 31, 2022 | -115.26 Mn |
| Dec 31, 2021 | 31.37 Mn |
AppLovin Net Income 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=net-income&ticker=APP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();