AppLovin Corporation

NasdaqGS:APP Stock Report

Market Cap: US$141.2b

AppLovin Past Earnings Performance

Past criteria checks 5/6

AppLovin has been growing earnings at an average annual rate of 81.9%, while the Software industry saw earnings growing at 18.6% annually. Revenues have been growing at an average rate of 21.7% per year. AppLovin's return on equity is 145%, and it has net margins of 33.5%.

Key information

81.9%

Earnings growth rate

80.9%

EPS growth rate

Software Industry Growth17.3%
Revenue growth rate21.7%
Return on equity145.0%
Net Margin33.5%
Last Earnings Update31 Dec 2024

Recent past performance updates

Recent updates

AppLovin Stock: Let It Drop Further Before Stepping In

Feb 21

There's Reason For Concern Over AppLovin Corporation's (NASDAQ:APP) Massive 47% Price Jump

Feb 14
There's Reason For Concern Over AppLovin Corporation's (NASDAQ:APP) Massive 47% Price Jump

AppLovin: Flashy Q4 Earnings Result Does Not Mean Durability

Feb 13

With EPS Growth And More, AppLovin (NASDAQ:APP) Makes An Interesting Case

Feb 07
With EPS Growth And More, AppLovin (NASDAQ:APP) Makes An Interesting Case

AppLovin: Don't Be Greedy Ahead Of Q4 Earnings Release

Feb 03

AppLovin's Ad Dominance Is Here To Stay

Jan 15

Calculating The Fair Value Of AppLovin Corporation (NASDAQ:APP)

Jan 13
Calculating The Fair Value Of AppLovin Corporation (NASDAQ:APP)

AppLovin Stock: 2025 Should Be Different From 2024

Jan 04

AppLovin: Don't Chase Overpriced Stocks - Buying Momentum Bound To Wane

Dec 15

These 4 Measures Indicate That AppLovin (NASDAQ:APP) Is Using Debt Safely

Dec 14
These 4 Measures Indicate That AppLovin (NASDAQ:APP) Is Using Debt Safely

AppLovin: Early Ecommerce Feedback Is Positive, But Expectations Are Enormous

Dec 03

AppLovin Stock: Time To Trim

Nov 26

AppLovin: Overbought And Overvalued

Nov 18

AppLovin Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Nov 10
AppLovin Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

AppLovin Positioned To Become King Of AI-Powered Advertising Platforms

Nov 08

AppLovin Corporation's (NASDAQ:APP) 26% Share Price Surge Not Quite Adding Up

Oct 22
AppLovin Corporation's (NASDAQ:APP) 26% Share Price Surge Not Quite Adding Up

AppLovin Stock Has Gone Too Far Too Fast

Oct 17

AppLovin: A Premium Too High To Ignore

Oct 08

Here's Why AppLovin (NASDAQ:APP) Has Caught The Eye Of Investors

Oct 03
Here's Why AppLovin (NASDAQ:APP) Has Caught The Eye Of Investors

AppLovin's Profitability And Free Cash Flow: A Recipe For Stock Success

Sep 25

AppLovin: +100% Gains This Year, But No Signs Yet Of This Train Slowing Down

Sep 09

Revenues Not Telling The Story For AppLovin Corporation (NASDAQ:APP) After Shares Rise 35%

Sep 01
Revenues Not Telling The Story For AppLovin Corporation (NASDAQ:APP) After Shares Rise 35%

Is It Time To Consider Buying AppLovin Corporation (NASDAQ:APP)?

Aug 11
Is It Time To Consider Buying AppLovin Corporation (NASDAQ:APP)?

AppLovin: Strong Q2 Earnings Cement Bullish Case

Aug 09

AppLovin: One Of The Best Stocks To Buy Now, I'm Ready For Loving

Aug 02

AppLovin: Growth Has Just Begun, The Stock Is Worth Buying

Jul 03

AppLovin: Fast Growing And Undervalued

Jun 26

AppLovin: Severely Undervalued AI Company

May 24

AppLovin Q1: Primed For Market Share Expansion

May 15

AppLovin Q1 Earnings: Robust Ad Spending Boosts Outlook

May 09

AppLovin: Reinforcing My Assumptions About A Bullish Business Potential

Apr 22

AppLovin's AI Tailwinds Are Still Not Getting The Love They Should

Apr 08

AppLovin: Can Once Jilted Investors Now Find Happiness With A Recently Inflected Business?

Mar 07

AppLovin: Software Segment Is Fueling Its Future

Feb 26

AppLovin: Lovin The Q4 Report And Guidance

Feb 17

Revenue & Expenses Breakdown

How AppLovin makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:APP Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 244,7091,5771,030639
30 Sep 244,2901,1501,014620
30 Jun 243,9568241,024629
31 Mar 243,6265941,004603
31 Dec 233,283355982592
30 Sep 233,032104954560
30 Jun 232,88120937523
31 Mar 232,907-82989526
31 Dec 222,817-1931,073508
30 Sep 222,908-851,190509
30 Jun 222,922-1081,272495
31 Mar 222,815-731,295432
31 Dec 212,793321,272366
30 Sep 212,509-151,158328
30 Jun 212,164-1051,007270
31 Mar 211,795-140856222
31 Dec 201,451-125686181
31 Dec 199947651045
31 Dec 18483-26018216

Quality Earnings: APP has high quality earnings.

Growing Profit Margin: APP's current net profit margins (33.5%) are higher than last year (10.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: APP's earnings have grown significantly by 81.9% per year over the past 5 years.

Accelerating Growth: APP's earnings growth over the past year (344.3%) exceeds its 5-year average (81.9% per year).

Earnings vs Industry: APP earnings growth over the past year (344.3%) exceeded the Software industry 46.3%.

Return on Equity

High ROE: Whilst APP's Return on Equity (144.96%) is outstanding, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/22 16:26
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AppLovin Corporation is covered by 38 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David MakArete Research Services LLP
Ishan MajumdarBaptista Research
Michael HickeyBenchmark Company