AppLovin (APP) Operating Expenses (2020 - 2026)

AppLovin (APP) has 7 years of Operating Expenses data on file, last reported at $402.5 million in Q1 2026.

• On a quarterly basis, Operating Expenses rose 26.18% year-over-year to $402.5 million in Q1 2026; TTM through Mar 2026 was $1.4 billion, a 7.19% increase from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 1.2% from the prior year.
• Operating Expenses for Q1 2026 stood at $402.5 million, up from $382.7 million in the prior quarter.
• Over the last five years, Operating Expenses for APP reached as high as $753.4 million in Q1 2022 and fell as low as -$881.8 million in Q4 2023.
• Historically, Operating Expenses has averaged $434.3 million across 5 years, with a median of $402.5 million in 2026.
• Across the five-year window, Operating Expenses plunged 221.67% in 2023 and jumped 142.09% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $724.7 million in 2022, then plunged by 221.67% to -$881.8 million in 2023, then soared by 142.09% to $371.2 million in 2024, then gained by 3.11% to $382.7 million in 2025, then gained by 5.18% to $402.5 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $402.5 million in Q1 2026, $382.7 million in Q4 2025, and $326.0 million in Q3 2025.