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What changed in AppLovin Corporation's latest annual report

In the year ended 31 Dec 2025, AppLovin Corporation's revenue rose 70% to USD 5.48bn, from USD 3.22bn; net income rose 111% to USD 3.33bn, from USD 1.58bn; cash and cash equivalents rose 256.8% to USD 2.49bn, from USD 697.03m.

Year ended 31 Dec 2025. Source: 10-K filed 19 Feb 2026, read it on SEC EDGAR.

USD 3.22bn to USD 5.48bn

Revenue, up 70% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue3.22bn5.48bnUp 70%
Net income1.58bn3.33bnUp 111%
Total assets5.87bn7.26bnUp 23.7%
Total liabilities4.78bn5.12bnUp 7.2%
Long-term debt3.51bn3.51bnUp 0.1%
Cash and cash equivalents697.03m2.49bnUp 256.8%
Shareholders' equity1.09bn2.13bnUp 95.9%

Questions people ask

Did AppLovin Corporation's revenue grow last year?

Revenue grew 70%, from USD 3.22bn to USD 5.48bn in the year ended 31 Dec 2025.

Is AppLovin Corporation profitable?

Yes. Net income was USD 3.33bn in the year ended 31 Dec 2025. The year before: USD 1.58bn.

How much cash and debt does AppLovin Corporation have?

At its latest year end (31 Dec 2025), AppLovin Corporation reported cash and cash equivalents of USD 2.49bn and long-term debt of USD 3.51bn.

Where do these numbers come from?

From AppLovin Corporation's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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AppLovin Corporation (APP) 10-K: what changed year on year | LYNORIQ Insights