AppLovin (APP) Research & Development (2020 - 2026)
AppLovin's (APP) quarterly Research & Development came in at $99.9 million in Q2 2026, up 112.93% year-over-year from $46.9 million in Q2 2025, and up 6.16% quarter-over-quarter from $94.1 million in Q1 2026.
Analysis
AppLovin (APP) Research & Development (2020 - 2026) Analysis & Trends
AppLovin (APP) has reported Research & Development for 7 consecutive years, with $99.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 112.93% year-over-year to $99.9 million in Q2 2026; TTM through Jun 2026 was $314.2 million, a 7.26% increase from a year earlier, with the FY2025 full-year figure at $226.5 million, down 39.55% from the prior year.
- Research & Development was $99.9 million for Q2 2026 at AppLovin, up from $94.1 million in the prior quarter.
- Over five years, Research & Development peaked at $290.1 million in Q1 2022 and troughed at -$274.0 million in Q4 2023.
- A 5-year average of $121.5 million and a median of $102.9 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development tumbled 236.62% in 2023 and soared 138.64% in 2024, its largest moves.
- Over 5 years, Research & Development stood at $200.5 million in 2022, then plunged by 236.62% to -$274.0 million in 2023, then jumped by 138.64% to $105.9 million in 2024, then slumped by 32.33% to $71.6 million in 2025, then surged by 39.46% to $99.9 million in 2026.
- The last three Research & Development figures came in at $99.9 million (Q2 2026), $94.1 million (Q1 2026), and $71.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,015.60 Bn | 3,586.56 Bn | 73.85 Bn | 18.22 Bn |
| 2 | AppLovin | 105.55 Bn | 102.50 Bn | 1.70 Bn | 99.90 Mn |
| 3 | Trade Desk | 6.54 Bn | 5.05 Bn | 530.72 Mn | 174.40 Mn |
| 4 | Magnite | 3.37 Bn | 3.04 Bn | 130.79 Mn | 47.00 Mn |
| 5 | DoubleVerify Holdings | 2.06 Bn | 1.85 Bn | 161.31 Mn | 48.26 Mn |
| 6 | Digital Turbine | 1.37 Bn | 1.33 Bn | - | - |
| 7 | Taboola.com | 1.04 Bn | 903.09 Mn | 139.48 Mn | 67.16 Mn |
| 8 | Quinstreet | 1.03 Bn | 904.30 Mn | 49.81 Mn | 10.61 Mn |
| 9 | Ibotta | 929.95 Mn | 781.77 Mn | 69.72 Mn | 32.88 Mn |
| 10 | Mntn | 865.30 Mn | 628.02 Mn | 66.30 Mn | 28.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.90 Mn |
| Mar 31, 2026 | 94.10 Mn |
| Dec 31, 2025 | 71.64 Mn |
| Sep 30, 2025 | 48.58 Mn |
| Jun 30, 2025 | 46.92 Mn |
| Mar 31, 2025 | 59.38 Mn |
| Dec 31, 2024 | 105.86 Mn |
| Sep 30, 2024 | 80.78 Mn |
| Jun 30, 2024 | 99.12 Mn |
| Mar 31, 2024 | 226.69 Mn |
| Dec 31, 2023 | -273.97 Mn |
| Sep 30, 2023 | 212.35 Mn |
| Jun 30, 2023 | 192.43 Mn |
| Mar 31, 2023 | 202.98 Mn |
| Dec 31, 2022 | 200.54 Mn |
| Sep 30, 2022 | 196.79 Mn |
| Jun 30, 2022 | 232.10 Mn |
| Mar 31, 2022 | 290.13 Mn |
| Dec 31, 2021 | 313.69 Mn |
| Sep 30, 2021 | 285.22 Mn |