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APP · Software & cloud · U.S.

AppLovin

Places ads inside mobile games to help apps find new users.

Company Health

97
/100
Very healthy
A quick check of the business from its yearly reports (2022–2025). It doesn’t say whether the stock is a good buy.
Does it make money?
25 of 25 · Good
$61 of every $100 in sales was left as profit last year.
Is it growing?
24 of 25 · Good
Sales grew about 25% a year over the last 3 years.
Can it handle what it owes?
24 of 25 · Good
It could pay off everything it owes with less than a year of the cash its business brings in.

Who owns it

5 of 23 own it · 1 bought more lately
bought lately
owns it
doesn’t own it
Didn’t report owning it: Appaloosa, Melqart, Light Street, Third Point, TCI, Pershing Square, Duquesne, Himalaya Capital, Greenlight, Giverny Capital, Semper Augustus, Akre
Their letters don’t mention it: Arquitos, Laughing Water, Alluvial, Bireme, Kingdom Capital, Saga Partners
From each fund’s latest 13F report (Jun 30, 2026). Funds that don’t file one: from their own letters.

The numbers

From AppLovin’s yearly reports. Tap a year to see its figures.

Sales and profit

Sales grew from $1.45 billion in 2020 to $5.48 billion in 2025, and it made a profit in 4 of the 6 years.
2025
Sales
$5.48 billion
Profit
$3.33 billion

Spare cash each year

It had cash to spare every year, ending with $2.09 billion to spare in 2024.
2025
Not reported
Spare cash is the cash its business brought in, minus what it spent on buildings and equipment. Some years don’t say what it spent, so those bars may be a little high.

What it owns and what it owes

At the end of 2025 it owned $7.26 billion, including $2.49 billion in cash, and owed $5.12 billion.

Key facts

From its yearly report for 2025.
Sales
$5.48 billion
Profit
$3.33 billion
Cash in the bank
$2.49 billion
Everything it owes
$5.12 billion
Year ends
December
Money shown in
U.S. dollars
Latest yearly report
10-K, filed Feb 19, 2026
Figures from AppLovin’s yearly reports to the SEC (EDGAR), collected Oct 12, 2026.
Not investment advice. Holdings come from public SEC reports and the funds’ own letters, and can be up to 4½ months old. How this works
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