AppLovin Corp
APPSoftware & IT
Latest available resultsSeptember 30, 2026Quarter · 10-Q filed Nov 4, 2026
Next reportFebruary 9, 2027after close · forecast 4.444 $/share
Revenue
$2.18B
▲ +55.5% vs prior year YoY
Net income
$1.44B
▲ +72.2% vs prior year YoY
EPS
4.30$
▲ +75.5% vs prior year YoY
Net margin
65.9%
▲ +6.4 pp vs prior year YoY
Revenue▲ +55.5%
Margins (% of revenue)GrossOperatingNet
Net income▲ +72.2%
EPS▲ +75.5%
Financial statements
View 10-Q filed November 4, 2026 on SEC ↗| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $1.37B | $1.16B | $1.26B | $1.41B | $1.33B | $1.84B | $1.92B | $2.18B | ▲ +55.5% |
| Gross profit | $1.05B | $1.01B | $1.10B | $1.23B | $1.27B | $1.64B | $1.70B | $1.94B | ▲ +58.0% |
| Operating income | $607.98M | $839.98M | $957.68M | $1.08B | $1.45B | $1.44B | $1.49B | $1.71B | ▲ +58.4% |
| Net income | $599.20M | $576.42M | $819.53M | $835.54M | $1.10B | $1.21B | $1.27B | $1.44B | ▲ +72.2% |
| R&D | $169.48M | $56.41M | $44.03M | $43.85M | $15.71M | $94.10M | $99.90M | $101.82M | ▲ +132.2% |
| EPS (diluted) | — | 1.67 $ | 2.39 $ | 2.45 $ | — | 3.56 $ | 3.76 $ | 4.30 $ | ▲ +75.5% |
| Margins (% of revenue) | |||||||||
| Gross | 76.7 % | 86.9 % | 87.7 % | 87.6 % | 95.2 % | 88.9 % | 88.3 % | 89.0 % | ▲ +1.4 pt |
| Operating | 44.3 % | 72.5 % | 76.1 % | 76.8 % | 108.9 % | 78.2 % | 77.7 % | 78.2 % | ▲ +1.4 pt |
| Net | 43.6 % | 49.7 % | 65.1 % | 59.5 % | 82.7 % | 65.4 % | 65.8 % | 65.9 % | ▲ +6.4 pt |
| Balance sheet | |||||||||
| Assets | $5.87B | $5.71B | $5.96B | $6.34B | $7.26B | $7.71B | $8.27B | $8.58B | ▲ +35.3% |
| Liabilities | $4.78B | $5.13B | $4.79B | $4.87B | $5.12B | $5.34B | $5.11B | $5.28B | ▲ +8.5% |
| Equity | $1.09B | $575.42M | $1.17B | $1.47B | $2.13B | $2.36B | $3.16B | $3.30B | ▲ +123.8% |
| Cash | $697.03M | $551.02M | $1.19B | $1.67B | $2.49B | $2.76B | $3.05B | $3.17B | ▲ +90.4% |
| Capital | |||||||||
| Shares outstandingnever filed | — | — | — | — | — | — | — | — | — |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.