AppLovin (APP) Revenue (2020 - 2026)
AppLovin (APP) posted Revenue of $1.92 billion for Q2 2026, up 52.8% from $1.26 billion a year earlier and up 4.4% from the prior quarter.
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Analysis
AppLovin (APP) Revenue (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Revenue at AppLovin was $6.83 billion, up 60.6% year-over-year; for FY2025, it came in at $5.48 billion, up 70.0% from FY2024.
- Annual Revenue shows a five-year compound annual growth rate of 30.4% (FY2020 to FY2025).
- In prior years, AppLovin's Revenue was $3.22 billion in FY2024 (+75.1%), $1.84 billion in FY2023 (-34.6%), $2.82 billion in FY2022 (+0.9%) and $2.79 billion in FY2021 (+92.5%).
- The Q2 2026 figure stands as the highest quarterly Revenue in data going back to Q1 2020.
- On a year-over-year basis, Revenue has increased in each of the last six quarters, with growth averaging 47.0% over the last seven quarters.
- The strongest year-over-year quarter for Revenue in the past five years was Q3 2021, with growth of 90.4%; the weakest was Q4 2022, with a decline of 11.5%.
- According to Business Quant data, Revenue for the three prior quarters was $1.84 billion (Q1 2026), $1.66 billion (Q4 2025) and $1.41 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 119.80 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 60.80 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 12.56 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 39.64 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 3.58 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 14.19 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 7.35 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 16.56 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 1.92 Bn |
| 10 | Spotify Technology | 102.35 Bn | 59.59 Bn | 1.86 Bn | 5.55 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.92 Bn |
| Mar 31, 2026 | 1.84 Bn |
| Dec 31, 2025 | 1.66 Bn |
| Sep 30, 2025 | 1.41 Bn |
| Jun 30, 2025 | 1.26 Bn |
| Mar 31, 2025 | 1.16 Bn |
| Dec 31, 2024 | 999.49 Mn |
| Sep 30, 2024 | 835.19 Mn |
| Jun 30, 2024 | 711.02 Mn |
| Mar 31, 2024 | 1.06 Bn |
| Dec 31, 2023 | -488.06 Mn |
| Sep 30, 2023 | 864.26 Mn |
| Jun 30, 2023 | 750.17 Mn |
| Mar 31, 2023 | 715.41 Mn |
| Dec 31, 2022 | 702.31 Mn |
| Sep 30, 2022 | 713.10 Mn |
| Jun 30, 2022 | 776.23 Mn |
| Mar 31, 2022 | 625.42 Mn |
| Dec 31, 2021 | 793.47 Mn |
| Sep 30, 2021 | 726.95 Mn |
API Access
AppLovin Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=revenue&ticker=APP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "APP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();