AppLovin Return on Equity (ROE) Growth & History (APP)
AppLovin's return on equity was 206.78% for fiscal 2025.
View full AppLovin company overviewAppLovin annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 206.78% | +72.11 pp |
| 2024 | 2024-12-31 | 134.67% | +112.09 pp |
| 2023 | 2023-12-31 | 22.58% | +32.12 pp |
| 2022 | 2022-12-31 | −9.54% | −13.12 pp |
| 2021 | 2021-12-31 | 3.58% | — |
AppLovin quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 45.84% | −48.23 pp |
| Q1 2026 | 2026-03-31 | 53.60% | −15.62 pp |
| Q4 2025 | 2025-12-31 | 61.09% | +2.00 pp |
| Q3 2025 | 2025-09-30 | 63.27% | +13.71 pp |
| Q2 2025 | 2025-06-30 | 94.06% | +54.70 pp |
| Q1 2025 | 2025-03-31 | 69.23% | +45.80 pp |
| Q4 2024 | 2024-12-31 | 59.09% | +44.45 pp |
| Q3 2024 | 2024-09-30 | 49.56% | +41.25 pp |
| Q2 2024 | 2024-06-30 | 39.36% | +34.66 pp |
| Q1 2024 | 2024-03-31 | 23.42% | +23.66 pp |
| Q4 2023 | 2023-12-31 | 14.64% | +18.85 pp |
| Q3 2023 | 2023-09-30 | 8.31% | +7.06 pp |
| Q2 2023 | 2023-06-30 | 4.70% | +5.81 pp |
| Q1 2023 | 2023-03-31 | −0.24% | +5.32 pp |
| Q4 2022 | 2022-12-31 | −4.20% | −5.70 pp |
| Q3 2022 | 2022-09-30 | 1.25% | +1.25 pp |
| Q2 2022 | 2022-06-30 | −1.11% | −2.65 pp |
| Q1 2022 | 2022-03-31 | −5.55% | — |
| Q4 2021 | 2021-12-31 | 1.50% | — |
| Q3 2021 | 2021-09-30 | 0.01% | — |
| Q2 2021 | 2021-06-30 | 1.54% | — |
AppLovin return on equity trends
Between the periods ended 2021-12-31 and 2025-12-31, AppLovin's return on equity increased from 3.58% to 206.78%, a change of +203.20 percentage points. The latest reported quarter, Q2 2026, shows 45.84%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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