AppLovin (APP) Research & Development (2020 - 2026)

AppLovin (APP) reported Research & Development of $94.1 million for Q1 2026, up 66.83% year-over-year from $56.4 million in Q1 2025, and up 14.45% quarter-over-quarter from $82.2 million in Q4 2025.

AppLovin (APP) Research & Development (2020 - 2026) Analysis & Trends

AppLovin (APP) has 7 years of Research & Development data on file, last reported at $94.1 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $94.1 million, up 66.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $264.2 million (down 22.78% YoY), and the FY2025 annual result was $226.5 million, down 39.55% from the prior year.
  • Research & Development rose to $94.1 million in Q1 2026 per APP's latest filing, from $82.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $159.3 million in Q3 2023 and troughed at -$107.8 million in Q4 2023.
  • A 5-year average of $94.3 million and a median of $105.9 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2023 and 2024: Research & Development tumbled 191.19% in 2023, then soared 198.22% in 2024.
  • A 5-year view of Research & Development shows it stood at $118.2 million in 2022, then plunged by 191.19% to -$107.8 million in 2023, then soared by 198.22% to $105.9 million in 2024, then slipped by 22.33% to $82.2 million in 2025, then climbed by 14.45% to $94.1 million in 2026.
  • Business Quant data shows APP's Research & Development at $94.1 million in Q1 2026, $82.2 million in Q4 2025, and $43.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 AppLovin 175.91 Bn 173.15 Bn 1.78 Bn 94.10 Mn
2 Omnicom 22.52 Bn 18.86 Bn 1.04 Bn -
3 Trade Desk 9.46 Bn 8.05 Bn 506.89 Mn 142.72 Mn
4 Wpp 2.71 Bn -875.81 Mn - -
5 Nexxen International 2.36 Bn 2.23 Bn 70.41 Mn 15.05 Mn
6 Magnite 2.27 Bn 2.09 Bn 118.28 Mn 25.17 Mn
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn 13.64 Mn
8 DoubleVerify Holdings 1.69 Bn 1.51 Bn 135.23 Mn 45.38 Mn
9 Stagwell 1.60 Bn 1.51 Bn 244.61 Mn -
10 Clear Channel Outdoor Holdings 1.19 Bn 1.02 Bn 193.76 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 94.10 Mn
Dec 31, 2025 82.22 Mn
Sep 30, 2025 43.85 Mn
Jun 30, 2025 44.03 Mn
Mar 31, 2025 56.41 Mn
Dec 31, 2024 105.86 Mn
Sep 30, 2024 80.78 Mn
Jun 30, 2024 99.12 Mn
Mar 31, 2024 155.32 Mn
Dec 31, 2023 -107.78 Mn
Sep 30, 2023 159.29 Mn
Jun 30, 2023 137.42 Mn
Mar 31, 2023 144.85 Mn
Dec 31, 2022 118.19 Mn
Sep 30, 2022 122.06 Mn
Jun 30, 2022 141.11 Mn
Mar 31, 2022 126.25 Mn
Dec 31, 2021 119.54 Mn
Sep 30, 2021 108.52 Mn
Jun 30, 2021 77.46 Mn