AppLovin (APP) Revenue (2020 - 2026)
AppLovin's (APP) quarterly Revenue came in at $1.8 billion in Q1 2026, up 58.97% year-on-year from $1.2 billion in Q1 2025, and up 11.13% on a QoQ basis from $1.7 billion in Q4 2025.
AppLovin (APP) Revenue (2020 - 2026) Analysis & Trends
AppLovin (APP) has 7 years of Revenue data on file, last reported at $1.8 billion in Q1 2026.
- On a quarterly basis, Revenue rose 58.97% year-over-year to $1.8 billion in Q1 2026; TTM through Mar 2026 was $6.2 billion, a 66.39% increase from a year earlier, with the FY2025 full-year figure at $5.5 billion, up 69.99% from the prior year.
- Revenue for Q1 2026 stood at $1.8 billion, up from $1.7 billion in the prior quarter.
- Over the last five years, Revenue for APP reached as high as $1.8 billion in Q1 2026 and fell as low as -$488.1 million in Q4 2023.
- Historically, Revenue has averaged $916.8 million across 5 years, with a median of $835.2 million in 2024.
- Across the five-year window, Revenue plunged 169.49% in 2023 and surged 304.79% in 2024, its largest moves.
- Year by year, Revenue stood at $702.3 million in 2022, then plunged by 169.49% to -$488.1 million in 2023, then jumped by 304.79% to $999.5 million in 2024, then surged by 65.88% to $1.7 billion in 2025, then gained by 11.13% to $1.8 billion in 2026.
- Per Business Quant data, the three most recent Revenue figures were $1.8 billion in Q1 2026, $1.7 billion in Q4 2025, and $1.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 131.97 Bn | 129.21 Bn | 1.64 Bn | 1.84 Bn |
| 2 | Omnicom | 23.77 Bn | 19.49 Bn | 1.04 Bn | 6.24 Bn |
| 3 | Wpp | 20.22 Bn | 16.53 Bn | - | - |
| 4 | Trade Desk | 8.20 Bn | 6.79 Bn | 506.89 Mn | 688.86 Mn |
| 5 | 36Kr Holdings | 2.96 Bn | 2.95 Bn | 11.56 Mn | 19.27 Mn |
| 6 | Magnite | 2.65 Bn | 2.47 Bn | 103.96 Mn | 164.37 Mn |
| 7 | Ziff Davis | 1.96 Bn | 1.44 Bn | 223.32 Mn | 267.64 Mn |
| 8 | Stagwell | 1.87 Bn | 1.76 Bn | 244.61 Mn | 704.14 Mn |
| 9 | DoubleVerify Holdings | 1.71 Bn | 1.53 Bn | 147.67 Mn | 180.83 Mn |
| 10 | Token Cat | 1.26 Bn | 1.26 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 668.81 Mn |