AppLovin profit margin APP
Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.
- Net margin, 12 months
- 64.6%
- Operating margin, 12 months
- 77.4%
- Net margin on a year earlier
- +12.1 pts
- Peer median
- 20.1%
Over the twelve months to Jun 30, 2026, AppLovin kept 64.6% of its revenue as net profit, with an operating margin of 77.4% and a gross margin of 88.5%.
Five years earlier its net margin was −4.8%.
The median for 10 application software stocks of a similar size is 20.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 60.8% | 75.8% | 87.9% |
| FY2024 | 39.7% | 46.9% | 78.4% |
| FY2023 | 10.9% | 19.7% | 67.7% |
| FY2022 | −6.8% | −1.7% | 55.4% |
| FY2021 | 1.3% | 5.4% | 64.6% |
| FY2020 | −8.6% | −4.3% | 61.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 64.6% | +12.1 pts | 77.4% | |
| Q1 FY26 | 64.3% | +17.2 pts | 77.1% | |
| Q4 FY25 | 60.8% | +21.1 pts | 75.8% | |
| Q3 FY25 | 54.5% | +22.1 pts | 67.1% | |
| Q2 FY25 | 52.5% | +29.5 pts | 63.6% | |
| Q1 FY25 | 47.1% | +30.6 pts | 58.0% | |
| Q4 FY24 | 39.7% | +28.9 pts | 46.9% | |
| Q3 FY24 | 32.4% | +28.9 pts | 42.9% | |
| Q2 FY24 | 23.1% | +22.4 pts | 32.9% | |
| Q1 FY24 | 16.5% | +19.3 pts | 25.6% | |
| Q4 FY23 | 10.9% | +17.7 pts | 19.7% | |
| Q3 FY23 | 3.5% | +6.3 pts | 11.7% |
Against its peers
Companies in Software - Application nearest AppLovin's size, closest first, today.
| Company | Profit margin |
|---|---|
| APPAppLovin | 64.6% |
| CDNSCadence Design Systems | 23.6% |
| INTUIntuit | 21.3% |
| DDOGDatadog | 4.5% |
| ADBEAdobe | 28.0% |
| SNOWSnowflake | −20.1% |
| ADPAutomatic Data Processing | 20.1% |
| TEAMAtlassian | −0.8% |
| MSTRStrategy | n/m |
| UBERUber Technologies | 17.3% |
| ADSKAutodesk | 21.1% |
| Peer median | 20.1% |
Where AppLovin ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on AppLovin
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.