APP · XBRL financial data

AppLovin financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (APP's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	2,793	2,817	3,283	4,709	5,481
Revenue from contracts with customers	2,793	2,817	3,283	4,709	5,481
Cost of revenue	988	1,256	1,059	1,167	665
Research and development	366	508	592	639	227
General and administrative	159	182	153	181	234
Operating income (loss)	150	(48)	648	1,873	4,152
Interest expense	—	172	282	308	201
Other income (expense)	(1)	14	8	21	8
Income tax expense (benefit)	11	(12)	24	(4)	520
Net income (loss)	35	(193)	357	1,580	3,334
Earnings per share, basic USD per share	0.10	(0.52)	1.01	4.68	9.84
Earnings per share, diluted USD per share	0.09	(0.52)	0.98	4.53	9.75
Weighted average shares, basic millions of shares	325	372	352	337	339
Weighted average shares, diluted millions of shares	343	372	363	348	342

Fiscal years (APP's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	1,521	1,080	502	741	2,487
Accounts receivable	515	703	954	1,414	1,819
Prepaid and other current assets	150	156	160	157	124
Total current assets	3,235	1,939	1,616	2,312	4,431
Property and equipment, net	64	—	—	—	—
Right-of-use asset	71	60	48	38	25
Goodwill	966	1,824	1,843	1,803	1,540
Total assets	6,164	5,848	5,359	5,869	7,260
Accounts payable	258	273	372	563	747
Accrued liabilities	134	148	252	409	573
Current portion of long-term debt	26	33	215	0	—
Total current liabilities	640	579	944	1,057	1,334
Long-term debt	3,202	3,178	2,906	3,509	3,513
Lease liability, non-current	62	54	43	33	18
Total liabilities	4,025	3,945	4,103	4,779	5,125
Retained earnings (accumulated deficit)	(977)	(1,170)	(813)	599	1,735
Total stockholders' equity	2,138	1,903	1,256	1,090	2,135
Total liabilities and equity	6,164	5,848	5,359	5,869	7,260
Common shares outstanding (cover page) millions of shares	375	374	340	340	338

Fiscal years (APP's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	35	(193)	357	1,580	3,334
Stock-based compensation	133	192	363	369	210
Depreciation and amortization	431	547	489	449	195
Net cash from operating activities	362	413	1,062	2,099	3,971
Purchases of property and equipment	1	1	4	5	—
Net cash from investing activities	(1,215)	(1,371)	(78)	(107)	358
Proceeds from issuing common stock	0	0	—	—	—
Share repurchases	0	339	1,154	981	2,192
Net cash from financing activities	3,110	(527)	(1,563)	(1,750)	(2,593)
Net change in cash	2,253	(1,490)	(578)	239	1,746

SIC 7370 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7370 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
AppLovin	3,053	1,924	869*	335.3M	Q2 FY26 10-QJun 30, 2026
Automatic Data Processing	3,277	5,491	651	394.8M	Q1 FY27 10-QSep 30, 2026
CrowdStrike Holdings	5,014	1,471	530*	1.0B	Q2 FY27 10-QJul 31, 2026
Cadence Design Systems	1,452	1,633	424*	274.4M	Q3 FY26 10-QSep 30, 2026
Intuit	4,705	4,354*	1,331*	267.2M	Q4 FY26 10-KJul 31, 2026
Shopify	1,868	3,742	818	not reported	Q3 FY26 10-QSep 30, 2026
Snowflake	1,707	1,547	91*	352.8M	Q2 FY27 10-QJul 31, 2026
Adobe	4,359	6,760	2,523*	389.2M	Q3 FY26 10-QAug 28, 2026
Roblox	1,093	1,572	395*	not reported	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.