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AppLovin Corporation

APP

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
4,709
Cost of Revenue
1,167
Gross Profit
3,542
Gross Margin
75.2%
Operating Income
1,873
Operating Margin
39.8%
Net Income
1,580
Net Margin
33.5%
EPS (Basic)
$4.68
EPS (Diluted)
$4.53
EBITDA
2,343
EBITDA Margin
49.8%

2023

12/31/2023

Revenue
3,283
Cost of Revenue
1,059
Gross Profit
2,224
Gross Margin
67.7%
Operating Income
648
Operating Margin
19.7%
Net Income
357
Net Margin
10.9%
EPS (Basic)
$1.01
EPS (Diluted)
$0.98
EBITDA
1,145
EBITDA Margin
34.9%

2022

12/31/2022

Revenue
2,817
Cost of Revenue
1,256
Gross Profit
1,561
Gross Margin
55.4%
Operating Income
-48
Operating Margin
-1.7%
Net Income
-193
Net Margin
-6.8%
EPS (Basic)
$-0.52
EPS (Diluted)
$-0.52
EBITDA
514
EBITDA Margin
18.2%

2021

12/31/2021

Revenue
2,793
Cost of Revenue
988
Gross Profit
1,805
Gross Margin
64.6%
Operating Income
150
Operating Margin
5.4%
Net Income
35
Net Margin
1.3%
EPS (Basic)
$0.10
EPS (Diluted)
$0.09
EBITDA
581
EBITDA Margin
20.8%

2020

12/31/2020

Revenue
1,451
Cost of Revenue
556
Gross Profit
896
Gross Margin
61.7%
Operating Income
-62
Operating Margin
-4.3%
Net Income
-125
Net Margin
-8.6%
EPS (Basic)
$-0.35
EPS (Diluted)
$-0.35
EBITDA
197
EBITDA Margin
13.6%