Meta competition pullback and AXON strength drive 5% AppLovin gain
AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; Adjust, an analytics platform that helps marketers grow their mobile apps with solutions for measuring, optimizing campaigns, and protecting user data; and MAX, an in-app bidding software that optimizes the value of an app's advertising inventory by running a real-time competitive auction. Its business clients include various advertisers, publishers, internet platforms, and others. The company was incorporated in 2011 and is headquartered in Palo Alto, California.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | $4.71B | $3.28B | $2.82B | $2.79B | $1.45B | $994.10M | $483.36M |
| Cost of Revenue | $1.17B | $1.06B | $1.26B | $988.10M | $555.58M | $241.27M | $53.76M |
| Gross Profit | $3.54B | $2.22B | $1.56B | $1.81B | $895.51M | $752.83M | $429.61M |
| Gross Margin | 75.22% | 67.74% | 55.41% | 64.62% | 61.71% | 75.73% | 88.88% |
| Operating Expenses | $1.67B | $1.58B | $1.61B | $1.65B | $957.55M | $558.46M | $187.16M |
| Operating Income | $1.87B | $648.21M | $-47.79M | $150.02M | $-62.04M | $194.37M | $242.44M |
| Operating Margin | 39.78% | 19.74% | -1.70% | 5.37% | -4.28% | 19.55% | 50.16% |
| Net Income | $1.58B | $356.71M | $-192.75M | $35.45M | $-125.19M | $119.04M | $-260.00M |
| Net Margin | 33.55% | 10.87% | -6.84% | 1.27% | -8.63% | 11.97% | -53.79% |
| EPS (Basic) | $4.68 | $1.01 | $-0.52 | $0.10 | $-0.58 | $0.36 | $-1.37 |
| EBITDA | $2.34B | $1.15B | $513.77M | $580.54M | $197.12M | $293.00M | $247.74M |
| Stock Option Compensation Expense | $369.37M | $363.11M | $191.61M | $133.18M | $62.39M | $10.22M | $5.46M |
| Price To Earnings Ratio | 69.06 | 39.32 | -20.30 | 863.82 | -186.43 | 177.52 | -89.77 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $109.11B | $14.03B | $3.91B | $30.62B | $23.34B | $21.13B | $23.34B |