AppLovin annual operating margin
2019
2020
2021
2022
2023
2024
2025
AppLovin Operating Margin Growth & History (APP)
AppLovin's operating margin was 75.75% for fiscal 2025.
View full AppLovin company overviewAppLovin annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 75.75% | +16.48 pp |
| 2024 | 2024-12-31 | 59.27% | +17.33 pp |
| 2023 | 2023-12-31 | 41.94% | +43.64 pp |
| 2022 | 2022-12-31 | −1.70% | −7.07 pp |
| 2021 | 2021-12-31 | 5.37% | +9.65 pp |
| 2020 | 2020-12-31 | −4.28% | −23.83 pp |
| 2019 | 2019-12-31 | 19.55% | — |
AppLovin quarterly operating margin
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 77.68% | +1.60 pp |
| Q1 2026 | 2026-03-31 | 78.15% | +5.68 pp |
| Q4 2025 | 2025-12-31 | 76.92% | −28.40 pp |
| Q3 2025 | 2025-09-30 | 76.80% | +12.82 pp |
| Q2 2025 | 2025-06-30 | 76.08% | +22.02 pp |
| Q1 2025 | 2025-03-31 | 72.48% | +40.39 pp |
| Q4 2024 | 2024-12-31 | 105.31% | +83.76 pp |
| Q3 2024 | 2024-09-30 | 63.97% | +46.47 pp |
| Q2 2024 | 2024-06-30 | 54.07% | +45.53 pp |
| Q1 2024 | 2024-03-31 | 32.09% | +35.28 pp |
| Q3 2023 | 2023-09-30 | 21.56% | +14.65 pp |
| Q2 2023 | 2023-06-30 | 17.51% | +10.63 pp |
| Q1 2023 | 2023-03-31 | 8.53% | +29.00 pp |
| Q4 2022 | 2022-12-31 | −3.19% | −10.57 pp |
| Q3 2022 | 2022-09-30 | 6.91% | +0.71 pp |
| Q2 2022 | 2022-06-30 | 6.87% | +1.64 pp |
| Q1 2022 | 2022-03-31 | −20.46% | −22.36 pp |
| Q4 2021 | 2021-12-31 | 7.38% | +8.35 pp |
| Q3 2021 | 2021-09-30 | 6.20% | +25.96 pp |
| Q2 2021 | 2021-06-30 | 5.23% | +7.49 pp |
| Q1 2021 | 2021-03-31 | 1.90% | −7.76 pp |
| Q4 2020 | 2020-12-31 | −0.97% | — |
| Q3 2020 | 2020-09-30 | −19.77% | — |
| Q2 2020 | 2020-06-30 | −2.26% | — |
| Q1 2020 | 2020-03-31 | 9.66% | — |
AppLovin operating margin trends
Over the last five reported fiscal years, AppLovin's operating margin increased from −4.28% to 75.75%, a change of +80.03 percentage points. The latest reported quarter, Q2 2026, shows 77.68%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review AppLovin filings at SEC.gov ↗