AppLovin Past Earnings Performance
Past criteria checks 5/6
AppLovin has been growing earnings at an average annual rate of 80.5%, while the Software industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 21.2% per year. AppLovin's return on equity is 122.9%, and it has net margins of 26.8%.
Key information
80.5%
Earnings growth rate
79.3%
EPS growth rate
| Software Industry Growth | 12.9% |
| Revenue growth rate | 21.2% |
| Return on equity | 122.9% |
| Net Margin | 26.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How AppLovin makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 4,290 | 1,150 | 1,014 | 620 |
| 30 Jun 24 | 3,956 | 824 | 1,024 | 629 |
| 31 Mar 24 | 3,626 | 594 | 1,004 | 603 |
| 31 Dec 23 | 3,283 | 355 | 982 | 592 |
| 30 Sep 23 | 3,032 | 104 | 954 | 560 |
| 30 Jun 23 | 2,881 | 20 | 937 | 523 |
| 31 Mar 23 | 2,907 | -82 | 989 | 526 |
| 31 Dec 22 | 2,817 | -193 | 1,073 | 508 |
| 30 Sep 22 | 2,908 | -85 | 1,190 | 509 |
| 30 Jun 22 | 2,922 | -108 | 1,272 | 495 |
| 31 Mar 22 | 2,815 | -73 | 1,295 | 432 |
| 31 Dec 21 | 2,793 | 32 | 1,272 | 366 |
| 30 Sep 21 | 2,509 | -15 | 1,158 | 328 |
| 30 Jun 21 | 2,164 | -105 | 1,007 | 270 |
| 31 Mar 21 | 1,795 | -140 | 856 | 222 |
| 31 Dec 20 | 1,451 | -125 | 686 | 181 |
| 31 Dec 19 | 994 | 76 | 510 | 45 |
| 31 Dec 18 | 483 | -260 | 182 | 16 |
Quality Earnings: APP * has high quality earnings.
Growing Profit Margin: APP *'s current net profit margins (26.8%) are higher than last year (3.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: APP * has become profitable over the past 5 years, growing earnings by 80.5% per year.
Accelerating Growth: APP *'s earnings growth over the past year (1005.6%) exceeds its 5-year average (80.5% per year).
Earnings vs Industry: APP * earnings growth over the past year (1005.6%) exceeded the Software industry 14%.
Return on Equity
High ROE: Whilst APP *'s Return on Equity (122.87%) is outstanding, this metric is skewed due to their high level of debt.