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

AppLovin's (APP) quarterly Research & Development came in at $94.1 million in Q1 2026, up 58.47% year-on-year from $59.4 million in Q1 2025, and up 31.37% on a QoQ basis from $71.6 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.

  • On a quarterly basis, Research & Development rose 58.47% year-over-year to $94.1 million in Q1 2026; TTM through Mar 2026 was $256.5 million, a 47.97% increase from a year earlier, with the FY2025 full-year figure at $226.5 million, down 10.42% from the prior year.
  • Research & Development for Q1 2026 stood at $94.1 million, up from $71.6 million in the prior quarter.
  • Over the last five years, Research & Development for APP reached as high as $530.1 million in Q4 2022 and fell as low as -$274.0 million in Q4 2023.
  • Historically, Research & Development has averaged $131.7 million across 5 years, with a median of $94.1 million in 2026.
  • Across the five-year window, Research & Development plunged 151.68% in 2023 and jumped 548.17% in 2025, its largest moves.
  • Year by year, Research & Development stood at $530.1 million in 2022, then plunged by 151.68% to -$274.0 million in 2023, then soared by 94.17% to -$16.0 million in 2024, then soared by 548.17% to $71.6 million in 2025, then soared by 31.37% to $94.1 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $94.1 million in Q1 2026, $71.6 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 134.57 Bn 131.82 Bn 1.64 Bn 94.10 Mn
2 Wpp 26.03 Bn 22.66 Bn - -
3 Omnicom 22.21 Bn 18.26 Bn 1.04 Bn -
4 Trade Desk 7.97 Bn 6.56 Bn 506.89 Mn 172.18 Mn
5 Magnite 2.57 Bn 2.39 Bn 103.96 Mn 46.09 Mn
6 Ziff Davis 1.94 Bn 1.42 Bn 223.32 Mn 115.23 Mn
7 Stagwell 1.76 Bn 1.66 Bn 244.61 Mn -
8 DoubleVerify Holdings 1.67 Bn 1.50 Bn 147.67 Mn 45.60 Mn
9 Clear Channel Outdoor Holdings 1.20 Bn 1.03 Bn 193.76 Mn -
10 Criteo 1.05 Bn 737.13 Mn 222.74 Mn 69.68 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 94.10 Mn
Dec 31, 2025 71.64 Mn
Sep 30, 2025 43.85 Mn
Jun 30, 2025 46.92 Mn
Mar 31, 2025 59.38 Mn
Dec 31, 2024 -15.98 Mn
Sep 30, 2024 62.98 Mn
Jun 30, 2024 66.97 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 530.13 Mn
Sep 30, 2022 196.79 Mn
Jun 30, 2022 232.10 Mn
Mar 31, 2022 290.13 Mn
Dec 31, 2021 -449.80 Mn
Sep 30, 2021 285.22 Mn
Jun 30, 2021 77.46 Mn