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AppLovin (APP) Operating Expenses (2020 - 2025)

AppLovin (APP) has disclosed Operating Expenses for 6 consecutive years, with $29.6 million as the latest value for Q2 2025.

  • On a quarterly basis, Operating Expenses fell 95.71% to $29.6 million in Q2 2025 year-over-year; TTM through Dec 2025 was $850.1 million, a 59.12% decrease, with the full-year FY2025 number at $1.3 billion, up 1.2% from a year prior.
  • Operating Expenses was $29.6 million for Q2 2025 at AppLovin, down from $820.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.4 billion in Q3 2024 to a low of -$881.8 million in Q4 2023.
  • A 5-year average of $528.2 million and a median of $679.9 million in 2021 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: skyrocketed 152.05% in 2021, then crashed 221.67% in 2023.
  • AppLovin's Operating Expenses stood at $734.9 million in 2021, then fell by 1.39% to $724.7 million in 2022, then plummeted by 221.67% to -$881.8 million in 2023, then grew by 14.05% to -$757.9 million in 2024, then skyrocketed by 103.9% to $29.6 million in 2025.
  • Per Business Quant, the three most recent readings for APP's Operating Expenses are $29.6 million (Q2 2025), $820.6 million (Q1 2025), and -$757.9 million (Q4 2024).