AppLovin
AppLovin (Nasdaq: APP) provides AI-powered advertising solutions that help businesses reach customers, manage marketing, measure campaign performance, and monetize advertising inventory. Its customers include advertisers, advertising networks, and mobile app publishers, ranging from large enterprises to independent… From the company’s description.
In fiscal 2025, AppLovin reported revenue of $5.48B, up 16.4% from fiscal 2024, and net income of $3.33B. Its operating margin was 75.8%, and operations generated $3.97B in cash. Over the twelve months to Jun 30, 2026, revenue was $6.83B.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What AppLovin does
In the company’s own words
AppLovin (Nasdaq: APP) provides AI-powered advertising solutions that help businesses reach customers, manage marketing, measure campaign performance, and monetize advertising inventory. Its customers include advertisers, advertising networks, and mobile app publishers, ranging from large enterprises to independent businesses. Axon Ads Manager, powered by the Axon AI recommendation engine, automates and optimizes user-acquisition campaigns and generates substantially all of the company’s revenue. MAX runs real-time auctions to help publishers monetize in-app advertising, while Adjust provides marketing measurement, attribution, analytics, and fraud-prevention tools. Wurl distributes streaming video for content companies and offers connected-TV advertising and publishing services. AppLovin operates as an advertising-solutions business following the sale of its Apps business on June 30, 2025. The company had 898 employees across 15 countries as of December 31, 2025. Its website is www.applovin.com.
Company details
- Sector
- Information Technology
- Industry (SIC)
- Computer Services
- Headquarters
- PALO ALTO, CA
- Fiscal year end
- December
- CIK
- 1751008
- SIC
- 7370
Financial performance, year by year
Fiscal 2021–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns AppLovin — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in AppLovin · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · AppLovin’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
AppLovin’s bonds, as funds hold them
Funds report holding 4 issues of AppLovin’s debt, $1.22B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.39%, maturing 2029 to 2054.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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