AppLovin Corp

APP 10-Q · Q1 2026

APP Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue 1,842,449 1,158,974 +59.0%
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Reportable Segment 1,842,449 1,158,974 +59.0%
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Non Us 935,230 543,271 +72.1%
US 907,219 615,703 +47.3%
Cost of Revenue 203,632 151,680 +34.3%
Sales & Marketing 60,751 59,383 +2.3%
Research & Development 94,104 56,406 +66.8%
General & Administrative 44,029 51,523 -14.5%
Total Costs & Expenses 402,516 318,992 +26.2%
Operating Income 1,439,933 839,982 +71.4%
Interest Expense -51,159 -52,888 +3.3%
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Reportable Segment -51,159 -52,888 +3.3%
Other Non-Operating Income (Expense) 42,634 7,512 +467.5%
Non-Operating Income (Expense) -8,525 -45,376 +81.2%
Income Before Taxes 1,431,408 794,606 +80.1%
Income Tax Expense (Benefit) 225,795 71,068 +217.7%
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Reportable Segment 225,795 71,068 +217.7%
Income Loss From Continuing Operations 1,205,613 723,538 +66.6%
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Reportable Segment 1,205,613 723,538 +66.6%
Net Income 1,205,613 576,419 +109.2%
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Retained Earnings 1,205,613 576,419 +109.2%
Income Loss From Continuing Operations Per Basic Share 3.57 2.13 +67.6%
EPS (Basic) 3.57 1.7 +110.0%
Income Loss From Continuing Operations Per Diluted Share 3.56 2.1 +69.5%
EPS (Diluted) 3.56 1.67 +113.2%
Wtd Avg Shares (Basic) 337,399 339,837 -0.7%
Wtd Avg Shares (Diluted) 338,729 344,878 -1.8%
Comprehensive Income 1,184,833 606,330 +95.4%
Other Comprehensive Income -20,780 29,911 -169.5%
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Accumulated Other Comprehensive Income -20,780 29,911 -169.5%
Net Income Loss Available To Common Stockholders Basic 1,205,613 576,275 +109.2%
Labor And Related Expense (Q)
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Reportable Segment 51,513 55,191 -6.7%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 2,758,671 551,024 +400.6%
Accounts Receivable 1,958,023 1,577,812 +24.1%
Prepaid Expenses & Other Current Assets 130,881 238,498 -45.1%
Total Current Assets 4,847,575 2,367,334 +104.8%
Non-Current Assets
Goodwill 1,523,050
Intangible Assets 368,996
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Long -Lived Intangible Assets 368,996
Long -Lived Intangible Assets · Customer Relationships 294,251
Long -Lived Intangible Assets · Developed technology 42,408
Long -Lived Intangible Assets · Other 32,337
Other Non-Current Assets 564,595 682,870 -17.3%
Total Assets 7,707,705 5,706,701 +35.1%
Other Assets
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization 114,820 161,655 -29.0%
Equity Method Investments 288,669
Current Liabilities
Accounts Payable 697,524 595,219 +17.2%
Accrued Liabilities 796,858 541,381 +47.2%
Total Current Liabilities 1,494,382 1,409,224 +6.0%
Non-Current Liabilities
Long-Term Debt 3,514,022 3,509,964 +0.1%
Other Non-Current Liabilities 335,818 212,092 +58.3%
Total Liabilities 5,344,222 5,131,280 +4.1%
Stockholders' Equity
Common Stock 11 11 0.0%
Additional Paid-In Capital 504,342 474,642 +6.3%
Accumulated Other Comprehensive Income -67,767 -73,185 +7.4%
Retained Earnings 1,926,897 173,953 +1007.7%
Total Stockholders' Equity 2,363,483 575,421 +310.7%
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Accumulated Other Comprehensive Income -67,767 -73,185 +7.4%
Additional Paid In Capital 504,342 474,642 +6.3%
Common Stock 11 11 0.0%
Retained Earnings 1,926,897 173,953 +1007.7%
Total Liabilities & Equity 7,707,705 5,706,701 +35.1%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Depreciation & Amortization 33,665 79,887 -57.9%
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Reportable Segment 33,665 31,946 +5.4%
Stock-Based Compensation 83,372 61,281 +36.0%
Other Operating Activities Cash Flow Statement -16,478 8,086 -303.8%
Change in Accounts Receivable -138,098 -167,382 +17.5%
Change in Prepaid & Other Assets -9,827 -51,861 +81.1%
Increase Decrease In Accounts Payable Trade -49,556 32,545 -252.3%
Increase Decrease In Other Accounts Payable And Accrued Liabilities 182,702 103,794 +76.0%
Net Cash from Operations 1,291,393 831,712 +55.3%
Investing Activities
Other Investing Activities -5,247 -3,986 -31.6%
Net Cash from Investing -5,247 -22,664 +76.8%
Right Of Use Assets Obtained In Exchange For Operating And Finance Lease Liability 58,027 3,967 +1362.7%
Repurchase Of Common Stock Incurred But Not Yet Paid 32,090
Financing Activities
Share Repurchases -981,723 -1,000,911 +1.9%
Tax Withholding for Share Compensation -26,874 -185,667 +85.5%
Proceeds From Payments For Other Financing Activities -3,635 -2,107 -72.5%
Net Cash from Financing -1,012,232 -1,002,217 -1.0%
Supplemental
Interest Paid 1,690 2,392 -29.3%
Income Taxes Paid 106,677 5,597 +1806.0%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations -2,339 2,782 -184.1%
Net Change in Cash 271,575 -190,387 +242.6%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect Continuing Operations 271,575 -154,514 +275.8%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 2,758,671 542,516 +408.5%

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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