Company / Operating Income
AppLovin Operating Income History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$4.2B
FY2025
5-year range
-$47.8M / $4.2B
FY2021-FY2025
Trend
+117.3%
vs FY2024
Sector context
#14 of 301
Information Technology
What the data says
Among 301 Information Technology companies, AppLovin is in the top 5% for operating income. Operating Income has increased for 3 consecutive years, from -$48M in FY2022 to $4.2B in FY2025.
Based on SEC 10-K filings.
$4.2B in FY2025. Top quartile in the Information Technology sector.
Improved from $772M to $4.2B over the past 2 years.
Information Technology sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 5% in Information TechnologyTop 5% of 301This company $4.2B Sector average $1.5B
▼
+177.6% above sector average
Key checks
Key Insights
- AppLovin's operating income has grown for 3 consecutive years.
- In FY2025, operating income increased 117.3% year-over-year.
- Ranks #14 out of 301 companies in the Information Technology sector.
- Lowest operating income in the period was in FY2020.
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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $4.2B | +117.3% |
| FY2024 | $1.9B | +147.4% |
| FY2023 | $772.4M | +1716.2% |
| FY2022 | -$47.8M | -131.9% |
| FY2021 | $150.0M | +341.8% |
| FY2020 | -$62.0M | -131.9% |
| FY2019 | $194.4M | - |
As of FY2025 · SEC Form 10-K · Last checked Jun 21, 2026