AppLovin (APP) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter increased compared to the immediately preceding quarter. The year-over-year comparison shows a decline versus the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the quarter increased compared to the immediately preceding quarter. The year-over-year comparison shows a decline versus the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$750.2M
Revenue reported for this quarter.
Quarter-over-quarter
+4.9%
Change from the immediately preceding quarter.
Year-over-year
-3.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $713.1M | -1.9% |
| Dec 31, 2022 | $702.3M | -11.5% |
| Mar 31, 2023 | $715.4M | +14.4% |
| Jun 30, 2023 | $750.2M | -3.4% |
Revenue performance
Reported revenue rose sequentially, reversing the prior quarter's direction. However, the year-ago comparison was negative, indicating a decline from the same period last year.
Quarterly comparison
Sequentially, revenue improved from the March quarter. On a year-over-year basis, revenue fell relative to the June quarter of the prior year.
What to watch
Monitor whether the sequential revenue growth can sustain and if the year-over-year gap narrows in future quarters.