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Growth Metrics

AppLovin (APP) Shares Outstanding (Diluted Average) (2020 - 2025)

AppLovin (APP) has disclosed Shares Outstanding (Diluted Average) for 6 consecutive years, with $342.0 million as the latest value for Q4 2025.

  • On a quarterly basis, Shares Outstanding (Diluted Average) fell 1.68% to $342.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $342.0 million, a 1.68% decrease, with the full-year FY2025 number at $342.0 million, down 1.68% from a year prior.
  • Shares Outstanding (Diluted Average) was $342.0 million for Q4 2025 at AppLovin, roughly flat from $341.0 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $373.9 million in Q2 2022 to a low of $222.4 million in Q1 2021.
  • A 5-year average of $345.5 million and a median of $348.3 million in 2024 define the central range for Shares Outstanding (Diluted Average).
  • Peak YoY movement for Shares Outstanding (Diluted Average): skyrocketed 67.25% in 2022, then fell 6.62% in 2024.
  • AppLovin's Shares Outstanding (Diluted Average) stood at $342.8 million in 2021, then increased by 8.4% to $371.6 million in 2022, then fell by 2.42% to $362.6 million in 2023, then fell by 4.08% to $347.8 million in 2024, then fell by 1.68% to $342.0 million in 2025.
  • Per Business Quant, the three most recent readings for APP's Shares Outstanding (Diluted Average) are $342.0 million (Q4 2025), $341.0 million (Q3 2025), and $343.5 million (Q2 2025).