Company / R&D Expense
AppLovin R&D Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$226.5M
FY2025
5-year range
$226.5M / $507.6M
FY2021-FY2025
Trend
-39.6%
vs FY2024
Sector context
#110 of 264
Information Technology
What the data says
At $227M, AppLovin's r&d expense ranks #110 of 264 in the Information Technology sector. R&D Expense has fluctuated over the past 7 years, ranging from $45M in FY2019 to $508M in FY2022.
Based on SEC 10-K filings.
$227M in FY2025 with a 5-year CAGR of +4.6%.
Declined from $334M to $227M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -23.6%
- 5-Year CAGR
- +4.6%
- 10-Year CAGR
- -
Sector benchmark
#110 of 264 in Information TechnologyTop 42% of 264This company $226.5M Sector average $924.6M
▼
-75.5% below sector average
Key checks
Key Insights
- 5-year CAGR of +4.6%, indicating consistent growth.
- In FY2025, r&d expense decreased 39.6% year-over-year.
- Ranks #110 out of 264 companies in the Information Technology sector.
- Peak r&d expense 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 | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $226.5M | -39.6% |
| FY2024 | $374.7M | +12.3% |
| FY2023 | $333.8M | -34.2% |
| FY2022 | $507.6M | +38.5% |
| FY2021 | $366.4M | +102.8% |
| FY2020 | $180.7M | +301.8% |
| FY2019 | $45.0M | - |
As of FY2025 · SEC Form 10-K · Last checked Jun 21, 2026