AppLovin (APP) 10-K Summary — Year Ended Dec 31, 2025
The filing covers AppLovin Corporation's annual report for the fiscal year ended December 31, 2025. It reports strong financial performance with significant revenue growth, but does not provide detailed business or risk descriptions in the supplied sections.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
The filing covers AppLovin Corporation's annual report for the fiscal year ended December 31, 2025. It reports strong financial performance with significant revenue growth, but does not provide detailed business or risk descriptions in the supplied sections.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$5.5B
Revenue reported for the fiscal year.
Operating income
$4.2B
Income from operations reported for the year.
Net income
$3.3B
Net income reported for the year.
Operating cash flow
$4B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $2.8B | +0.9% |
| Dec 31, 2023 | $1.8B | -34.6% |
| Dec 31, 2024 | $3.2B | +75.1% |
| Dec 31, 2025 | $5.5B | +70.0% |
Business overview
The filing does not include a description of the company's business.
Financial performance
Revenue increased significantly compared to the prior year. Operating income and net income were reported at high levels. Operating cash flow was also strong.
Material risks
The filing references risk factors but does not provide their content in the supplied sections.
Liquidity and capital
The company held a substantial cash balance and expects to meet near-term working capital needs. Future capital requirements depend on factors such as revenue growth and investment activities. Additional financing may be pursued if necessary.
What to watch
The volume and timing of the company's stock repurchases.