FN2 Earnings Intelligence
AppLovin Corporation balance sheet (quarterly)
AppLovin Corporation (APP) Balance Sheet (quarterly) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 9/30/2024 | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 |
|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - |
| - Cash | $567.6 | $551 | $1,192.6 | $1,666.9 | $2,758.7 |
| + Debt | $3,510 | $3,710 | - | - | - |
| Enterprise Value | - | - | - | - | - |
| Revenue | $1,198.2 | $1,484 | $1,258.8 | $1,405 | $1,842.4 |
| % Growth | - | - | - | - | - |
| Gross Profit | $928.6 | $1,212.8 | $1,103.7 | $1,230.2 | $1,638.8 |
| % Margin | 77.5% | 81.7% | 87.7% | 87.6% | 88.9% |
| EBITDA | $634.6 | $743.4 | $988.7 | $1,114 | $1,473.6 |
| % Margin | 53.0% | 50.1% | 78.5% | 79.3% | 80.0% |
| Net Income | $434.4 | $576.4 | $819.5 | $835.5 | $1,205.6 |
| % Margin | 36.3% | 38.8% | 65.1% | 59.5% | 65.4% |
| Diluted EPS | $1.25 | $1.67 | $2.39 | $2.45 | $3.56 |
| % Growth | - | - | - | - | - |
| Operating Cash Flow | - | $831.7 | - | - | $1,291.4 |
| CapEx | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 9/30/2024 | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 |
|---|---|---|---|---|---|
| Revenue | $1,198.2 | $1,484 | $1,258.8 | $1,405 | $1,842.4 |
| Gross Profit | $928.6 | $1,212.8 | $1,103.7 | $1,230.2 | $1,638.8 |
| EBITDA | $634.6 | $743.4 | $988.7 | $1,114 | $1,473.6 |
| Net Income | $434.4 | $576.4 | $819.5 | $835.5 | $1,205.6 |
| Diluted EPS | $1.25 | $1.67 | $2.39 | $2.45 | $3.56 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 9/30/2024 | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $567.6 | $551 | $1,192.6 | $1,666.9 | $2,758.7 |
| Short-term Debt | $35.6 | $200 | - | - | - |
| Long-term Debt | $3,474.5 | $3,510 | $3,511 | $3,512 | $3,514 |
| Total Debt | $3,510 | $3,710 | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 9/30/2024 | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | $831.7 | - | - | $1,291.4 |
| Capital Expenditure | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 9/30/2024 | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 |
|---|---|---|---|---|---|
| Revenue Growth | - | - | - | - | - |
| Gross Margin | 77.5% | 81.7% | 87.7% | 87.6% | 88.9% |
| EBITDA Margin | 53.0% | 50.1% | 78.5% | 79.3% | 80.0% |
| Net Margin | 36.3% | 38.8% | 65.1% | 59.5% | 65.4% |
| FCF Margin | - | - | - | - | - |
| Diluted EPS Growth | - | - | - | - | - |