Company / Cost of Revenue
AppLovin Cost of Revenue History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$665.1M
FY2025
5-year range
$356.6M / $1.3B
FY2021-FY2025
Trend
+27.8%
vs FY2024
Sector context
#118 of 276
Information Technology
What the data says
At $665M, AppLovin's cost of revenue ranks #159 of 276 in the Information Technology sector. Increased from $357M to $665M over the past 2 years.
Based on SEC 10-K filings.
$665M in FY2025 with a 5-year CAGR of +3.7%.
Increased from $357M to $665M over the past 2 years.
Information Technology sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- -19.1%
- 5-Year CAGR
- +3.7%
- 10-Year CAGR
- -
Sector benchmark
#159 of 276 in Information TechnologyTop 57% of 276This company $665.1M Sector average $4.0B
▼
-83.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +3.7%, indicating consistent growth.
- In FY2025, cost of revenue increased 27.8% year-over-year.
- Ranks #118 out of 276 companies in the Information Technology sector.
- Peak cost of revenue was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 3.21 (safe zone, above 2.9 threshold)
- Strong profit margin: 45.3%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 192.1%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $665.1M | +27.8% |
| FY2024 | $520.6M | +46.0% |
| FY2023 | $356.6M | -71.6% |
| FY2022 | $1.3B | +27.1% |
| FY2021 | $988.1M | +77.8% |
| FY2020 | $555.6M | +130.3% |
| FY2019 | $241.3M | - |
As of FY2025 · SEC Form 10-K · Last checked Jun 21, 2026