Operating Income for AppLovin (APP)
According to AppLovin's latest reported financial statements, the company's current operating income (TTM) is $3.98B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
APP
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$3.98B
YoY change
+121.6%
5Y CAGR
N/A
Peak year (2025)
$4.15B
Cumulative operating income
$7.15B
Operating Income history chart for AppLovin (APP) from 2018 to 2025
Operating Income history table for AppLovin (APP) from 2018 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $4.15B | +121.6% | ||
| 2024 | $1.87B | +189.0% | ||
| 2023 | $648.21M | -1456.3% | ||
| 2022 | -$47.79M | -131.9% | ||
| 2021 | $150.02M | -341.8% | ||
| 2020 | -$62.04M | -131.9% | ||
| 2019 | $194.37M | -19.8% | ||
| 2018 | $242.44M | — |
Operating Income 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
The 2025 reading of AppLovin (APP) operating income is $4.15B – surged 121.6% year-over-year.
Across the available history, operating income reached its high of $4.15B in 2025 and its low of -$62.04M in 2020.
Within Technology, AppLovin (APP) ranks 8th among 8 peers we track. The peer median for operating income is $77.01B.
AppLovin Operating Income by Year
AppLovin Operating Income 2025: $4.15B
AppLovin operating income in 2025 was $4.15B, surged 121.6% from 2024. This figure represents the highest annual value in the available history.
AppLovin Operating Income 2024: $1.87B
AppLovin operating income in 2024 was $1.87B, surged 189.0% from 2023.
AppLovin Operating Income 2023: $648.21M
AppLovin operating income in 2023 was $648.21M, plunged 1456.3% below 2022.
AppLovin Operating Income 2022: -$47.79M
AppLovin operating income in 2022 was -$47.79M, plunged 131.9% below 2021.
AppLovin Operating Income 2021: $150.02M
AppLovin operating income in 2021 was $150.02M.
See more financial history for AppLovin (APP).
Sector peers — Operating Income
Companies in the same sector as AppLovin, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.96T | Technology |
| Apple Inc. (AAPL) | $133.05B | Technology |
| NVIDIA Corporation (NVDA) | $130.39B | Technology |
| Microsoft Corporation (MSFT) | $128.53B | Technology |
| Broadcom Inc. (AVGO) | $25.48B | Technology |
| ASML Holding N.V. (ASML) | $11.30B | Technology |
| Micron Technology, Inc. (MU) | $9.87B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $3.69B | Technology |
Frequently asked questions
What is AppLovin's operating income?
- Latest reported operating income for AppLovin (APP) is $3.98B (period ending December 31, 2025).
How has AppLovin operating income changed year-over-year?
- AppLovin (APP) operating income changed +121.6% year-over-year on the latest annual filing.
When did AppLovin operating income hit its highest annual value?
- AppLovin operating income reached its highest annual value of $4.15B in 2025.
What was AppLovin operating income in 2024?
- AppLovin (APP) operating income in 2024 was $1.87B.
What was AppLovin operating income in 2025?
- AppLovin (APP) operating income in 2025 was $4.15B.
Metrics overview
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