AppLovin Corp

APP 10-Q · Q2 2025

APP Q2 2025 request

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue 1,258,754 711,015 +77.0%
Show Business Segments breakouts
Reportable Segment 1,258,754 711,015 +77.0%
Show Geography breakouts
Rest of the World 600,433 320,612 +87.3%
US 658,321 390,403 +68.6%
Cost of Revenue 155,076 121,759 +27.4%
Sales & Marketing 46,917 66,965 -29.9%
Research & Development 44,032 99,123 -55.6%
General & Administrative 55,047 38,746 +42.1%
Total Costs & Expenses 301,072 326,593 -7.8%
Operating Income 957,682 384,422 +149.1%
Interest Expense -51,409 -74,418 +30.9%
Show Business Segments breakouts
Reportable Segment -51,409 -74,418 +30.9%
Other Non-Operating Income (Expense) -22,269 7,872 -382.9%
Non-Operating Income (Expense) -73,678 -66,546 -10.7%
Income Before Taxes 884,004 317,876 +178.1%
Income Tax Expense (Benefit) 112,148 16,894 +563.8%
Show Business Segments breakouts
Reportable Segment 112,148 16,894 +563.8%
Income Loss From Continuing Operations 771,856 300,982 +156.4%
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Reportable Segment 771,856 300,982 +156.4%
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity 47,675 8,987 +430.5%
Show Disposal Group Classification breakouts
Discontinued Operations Disposed Of By Sale · Apps Business 47,675 8,987 +430.5%
Net Income 819,531 309,969 +164.4%
Show Equity Components breakouts
Retained Earnings 819,531 309,969 +164.4%
Income Loss From Continuing Operations Per Basic Share 2.28 0.9 +153.3%
Income Loss From Discontinued Operations Net Of Tax Per Basic Share 0.14 0.02 +600.0%
EPS (Basic) 2.42 0.92 +163.0%
Income Loss From Continuing Operations Per Diluted Share 2.26 0.86 +162.8%
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share 0.13 0.03 +333.3%
EPS (Diluted) 2.39 0.89 +168.5%
Wtd Avg Shares (Basic) 338,617,184 335,681,788 +0.9%
Wtd Avg Shares (Diluted) 342,194,433 347,964,201 -1.7%
Comprehensive Income 887,567 303,237 +192.7%
Other Comprehensive Income 68,036 -6,732 +1110.6%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 68,036 -6,732 +1110.6%
Net Income Loss Available To Common Stockholders Basic 819,325 309,890 +164.4%
Labor And Related Expense (Q)
Show Business Segments breakouts
Reportable Segment 50,764 70,405 -27.9%

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents 1,192,608 460,449 +159.0%
Accounts Receivable 1,581,679 1,074,342 +47.2%
Prepaid Expenses & Other Current Assets 218,402 125,479 +74.1%
Total Current Assets 2,992,689 1,660,270 +80.3%
Non-Current Assets
Goodwill 1,539,301 1,821,913 -15.5%
Intangible Assets 448,179 1,101,935 -59.3%
Show Fair Value By Asset Class breakouts
Long -Lived Intangible Assets 448,179 1,101,935 -59.3%
Long -Lived Intangible Assets · Customer Relationships 335,639 378,783 -11.4%
Long -Lived Intangible Assets · Developed technology 68,897 101,148 -31.9%
Long -Lived Intangible Assets · Other 43,643 48,573 -10.1%
Other Non-Current Assets 849,728 516,139 +64.6%
Total Assets 5,959,497 5,269,466 +13.1%
Other Assets
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization 129,600 169,209 -23.4%
Current Liabilities
Accounts Payable 553,692 387,507 +42.9%
Accrued Liabilities 495,218 232,334 +113.1%
Deferred Revenue (Current) 44,975 74,187 -39.4%
Total Current Liabilities 1,093,885 729,591 +49.9%
Non-Current Liabilities
Long-Term Debt 3,510,958 3,482,166 +0.8%
Other Non-Current Liabilities 187,527 242,873 -22.8%
Total Liabilities 4,792,370 4,454,630 +7.6%
Stockholders' Equity
Common Stock 11 11 0.0%
Additional Paid-In Capital 448,899 1,172,290 -61.7%
Accumulated Other Comprehensive Income -5,149 -90,628 +94.3%
Retained Earnings 723,366 -266,837 +371.1%
Total Stockholders' Equity 1,167,127 814,836 +43.2%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -5,149 -90,628 +94.3%
Additional Paid In Capital 448,899 1,172,290 -61.7%
Common Stock 11 11 0.0%
Retained Earnings 723,366 -266,837 +371.1%
Total Liabilities & Equity 5,959,497 5,269,466 +13.1%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Depreciation & Amortization 126,940 221,208 -42.6%
Show Business Segments breakouts
Reportable Segment 63,010 62,159 +1.4%
Show Disposal Group Classification breakouts
Discontinued Operations Disposed Of By Sale · Apps Business 64,054 159,049 -59.7%
Goodwill Impairment Loss 188,943
Show Disposal Group Classification breakouts
Discontinued Operations Disposed Of By Sale · Apps Business 188,943
Stock-Based Compensation 97,026 193,977 -50.0%
Show Disposal Group Classification breakouts
Discontinued Operations Disposed Of By Sale · Apps Business 3,663 11,474 -68.1%
Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax -106,229
Show Disposal Group Classification breakouts
Discontinued Operations Disposed Of By Sale · Apps Business -106,229
Other Operating Activities Cash Flow Statement 41,617 10,300 +304.0%
Change in Accounts Receivable -291,551 -125,185 -132.9%
Increase Decrease In Prepaid Expenses And Other Current Assets 20,691 26,161 -20.9%
Increase Decrease In Accounts Payable Trade 39,040 15,453 +152.6%
Increase Decrease In Other Accounts Payable And Accrued Liabilities 91,511 -40,760 +324.5%
Net Cash from Operations 1,603,938 847,306 +89.3%
Investing Activities
Proceeds From Divestiture Of Businesses Net Of Cash Divested 424,702
Purchase Of Nonmarketable Investments And Other -18,678 -76,333 +75.5%
Other Investing Activities -27,140 -23,658 -14.7%
Net Cash from Investing 378,884 -99,991 +478.9%
Noncash Or Part Noncash Divestiture Amount Of Consideration Received1 285,000
Transaction Cost For Divestiture Not Yet Paid 17,405
Right Of Use Assets Obtained In Exchange For Operating And Finance Lease Liability -33,188 12,568 -364.1%
Financing Activities
Share Repurchases -1,272,429 -752,224 -69.2%
Tax Withholding for Share Compensation -256,650 -436,480 +41.2%
Debt Repayments -200,000 -677,863 +70.5%
Payments Of Licensed Asset Obligation -13,532
Proceeds From Issuance Of Debt 200,000 1,072,330 -81.3%
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options 14,824 19,098 -22.4%
Proceeds From Payments For Other Financing Activities -11,807 -10,473 -12.7%
Net Cash from Financing -1,539,594 -785,612 -96.0%
Supplemental
Interest Paid 99,553 144,986 -31.3%
Income Taxes Paid 100,621 32,764 +207.1%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 7,969 -3,406 +334.0%
Net Change in Cash 451,197 -41,703 +1181.9%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect Disposal Group Including Discontinued Operations -44,381
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect Continuing Operations 495,578 -41,703 +1288.4%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,192,608 460,449 +159.0%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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