EBITDA for AppLovin (APP)
According to AppLovin's latest reported financial statements, the company's current EBITDA (TTM) is $4.18B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

APP
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$4.18B
YoY change
+85.9%
5Y CAGR
+85.7%
Peak year (2025)
$4.35B
Cumulative EBITDA
$9.68B
EBITDA history chart for AppLovin (APP) from 2018 to 2025
EBITDA history table for AppLovin (APP) from 2018 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $4.35B | +85.9% | ||
| 2024 | $2.34B | +104.6% | ||
| 2023 | $1.15B | +122.9% | ||
| 2022 | $513.77M | -11.5% | ||
| 2021 | $580.54M | +194.5% | ||
| 2020 | $197.12M | -32.7% | ||
| 2019 | $293.00M | +18.3% | ||
| 2018 | $247.74M | — |
EBITDA values are taken from AppLovin's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
AppLovin (APP) most recent annual EBITDA stands at $4.35B (2025) – surged 85.9% year-over-year.
Looking at the 2020–2025 (5 years) stretch, AppLovin EBITDA compounded at +85.7% per year, sustaining 3 straight years of year-over-year growth.
2025 marks the peak EBITDA at $4.35B, with the historical low of $197.12M recorded in 2020.
Among 8 Technology peers, AppLovin (APP) ranks 9th; the peer median for EBITDA is $89.57B.
AppLovin EBITDA by Year
AppLovin EBITDA 2025: $4.35B
AppLovin EBITDA in 2025 was $4.35B, surged 85.9% from 2024. This figure represents the highest annual value in the available history.
AppLovin EBITDA 2024: $2.34B
AppLovin EBITDA in 2024 was $2.34B, surged 104.6% from 2023.
AppLovin EBITDA 2023: $1.15B
AppLovin EBITDA in 2023 was $1.15B, surged 122.9% from 2022.
AppLovin EBITDA 2022: $513.77M
AppLovin EBITDA in 2022 was $513.77M, declined 11.5% below 2021.
AppLovin EBITDA 2021: $580.54M
AppLovin EBITDA in 2021 was $580.54M.
See more financial history for AppLovin (APP).
Sector peers — EBITDA
Companies in the same sector as AppLovin, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.75T | Technology |
| Microsoft Corporation (MSFT) | $160.16B | Technology |
| NVIDIA Corporation (NVDA) | $144.55B | Technology |
| Apple Inc. (AAPL) | $144.43B | Technology |
| Broadcom Inc. (AVGO) | $34.71B | Technology |
| Micron Technology, Inc. (MU) | $18.49B | Technology |
| ASML Holding N.V. (ASML) | $12.55B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $7.28B | Technology |
Frequently asked questions
What is AppLovin's EBITDA?
- Latest reported EBITDA for AppLovin (APP) is $4.18B (period ending December 31, 2025).
How has AppLovin EBITDA changed year-over-year?
- AppLovin (APP) EBITDA changed +85.9% year-over-year on the latest annual filing.
What is the long-term growth rate of AppLovin EBITDA?
- AppLovin (APP) EBITDA compound annual growth rate is +85.7% over the most recent 5 years available.
When did AppLovin EBITDA hit its highest annual value?
- AppLovin EBITDA reached its highest annual value of $4.35B in 2025.
What was AppLovin EBITDA in 2024?
- AppLovin (APP) EBITDA in 2024 was $2.34B.
What was AppLovin EBITDA in 2025?
- AppLovin (APP) EBITDA in 2025 was $4.35B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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APP Overview
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