AppLovin (APP) Operating Income (2020 - 2026)
AppLovin (APP) posted quarterly Operating Income of $1.4 billion for Q1 2026, up 71.42% year-over-year from $840.0 million in Q1 2025, and up 12.91% quarter-over-quarter from $1.3 billion in Q4 2025.
AppLovin (APP) Operating Income (2020 - 2026) Analysis & Trends
AppLovin (APP) has reported Operating Income for 7 consecutive years, with $1.4 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Income rose 71.42% year-over-year to $1.4 billion; the TTM figure through Mar 2026 stood at $4.8 billion (up 99.07% YoY), while the FY2025 annual figure was $4.2 billion, up 117.27% from the prior year.
- Operating Income grew to $1.4 billion in Q1 2026 per APP's latest filing, from $1.3 billion in the prior quarter.
- Across five years, Operating Income topped out at $1.4 billion in Q1 2026 and bottomed at -$128.0 million in Q1 2022.
- Historically, Operating Income has averaged $482.5 million across 5 years, with a median of $384.4 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Income plunged 1216.33% — and 2023, when it jumped 1855.63%.
- AppLovin's Operating Income stood at -$22.4 million in 2022, then surged by 1855.63% to $393.7 million in 2023, then jumped by 59.59% to $628.3 million in 2024, then jumped by 102.96% to $1.3 billion in 2025, then gained by 12.91% to $1.4 billion in 2026.
- Business Quant data shows APP's Operating Income at $1.4 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.1 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 103.70 Bn | 100.65 Bn | 1.70 Bn | 1.49 Bn |
| 2 | Omnicom | 24.37 Bn | 21.03 Bn | 1.30 Bn | 922.50 Mn |
| 3 | Trade Desk | 6.27 Bn | 4.78 Bn | 530.72 Mn | 101.58 Mn |
| 4 | Wpp | 5.67 Bn | 2.50 Bn | - | - |
| 5 | Magnite | 3.35 Bn | 3.02 Bn | 130.79 Mn | 31.22 Mn |
| 6 | Stagwell | 2.09 Bn | 1.98 Bn | 269.24 Mn | 11.55 Mn |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn | 23.03 Mn |
| 8 | Ziff Davis | 2.02 Bn | 410.50 Mn | 241.03 Mn | -44.72 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.22 Bn | 1.02 Bn | 241.86 Mn | 89.06 Mn |
| 10 | Quinstreet | 1.17 Bn | 1.06 Bn | 41.34 Mn | 10.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.49 Bn |
| Mar 31, 2026 | 1.44 Bn |
| Dec 31, 2025 | 1.28 Bn |
| Sep 30, 2025 | 1.08 Bn |
| Jun 30, 2025 | 957.68 Mn |
| Mar 31, 2025 | 839.98 Mn |
| Dec 31, 2024 | 628.33 Mn |
| Sep 30, 2024 | 534.30 Mn |
| Jun 30, 2024 | 384.42 Mn |
| Mar 31, 2024 | 339.56 Mn |
| Dec 31, 2023 | 393.72 Mn |
| Sep 30, 2023 | 186.32 Mn |
| Jun 30, 2023 | 131.33 Mn |
| Mar 31, 2023 | 61.05 Mn |
| Dec 31, 2022 | -22.43 Mn |
| Sep 30, 2022 | 49.27 Mn |
| Jun 30, 2022 | 53.36 Mn |
| Mar 31, 2022 | -127.99 Mn |
| Dec 31, 2021 | 58.53 Mn |
| Sep 30, 2021 | 45.05 Mn |