AppLovin Corporation announced its financial results for the second quarter of 2025, reporting net cash from operating activities of $772 million and Free Cash Flow of $768 million. The company also completed a significant transaction, selling its Apps business to Tripledot Studios for $400 million in cash, while repurchasing 0.9 million shares of its Class A common stock at a cost of $341 million. At the end of the quarter, AppLovin had 339 million shares of common stock outstanding.
The company provided a financial update on its Investor Relations website and will host a webinar to discuss its second quarter results. The financial metrics reported, including Adjusted EBITDA and Free Cash Flow, are intended to give investors insight into the company's operational performance. However, AppLovin noted that it will not provide forward-looking GAAP equivalents for certain metrics due to the uncertainty surrounding potential adjustments.
linkAug 06, 2025 16:08:54
AppLovin Corporation announced its financial results for the first quarter of 2025, reporting total revenue of $1.48 billion, a 40% increase from the same period in 2024. Advertising revenue rose significantly by 71% to $1.16 billion, while apps revenue decreased by 14% to $325 million. The company achieved a net income of $576 million, which is a 144% increase year-over-year. Additionally, AppLovin generated $832 million in cash from operating activities and reported a Free Cash Flow of $826 million for the quarter.
In a strategic move, AppLovin has entered into a definitive agreement to sell its mobile gaming business to Tripledot Studios for $400 million in cash and an equity stake in Tripledot. The transaction is expected to close in the second quarter of 2025, pending regulatory approvals. As part of its financial strategy, AppLovin repurchased 3.4 million shares of its common stock at a total cost of $1.2 billion during the quarter, and it has provided revenue guidance for the second quarter of 2025, estimating total advertising revenue between $1.195 billion and $1.215 billion.
linkMay 07, 2025 16:19:46
AppLovin Corporation reported significant financial growth for the fourth quarter and full year 2024, with total revenue reaching $1.37 billion for the quarter, a 44% increase from the previous year, and $4.71 billion for the year, up 43%. Advertising revenue was a major contributor, showing a 73% increase in the fourth quarter and a 75% increase for the year. The company also achieved a net income of $599 million for the fourth quarter, marking a 248% rise, and $1.58 billion for the year, a 343% increase compared to 2023. Additionally, they generated $701 million in cash from operating activities in the fourth quarter and $2.1 billion for the full year, with free cash flow also reflecting strong performance at $695 million for the quarter and $2.1 billion for the year.
However, AppLovin faced a slight decline in Apps Revenue, which fell by 1% in the fourth quarter and grew only 3% for the full year. The company also reported a significant increase in interest expense, which rose to $318 million for the year from $276 million in 2023. Furthermore, the total liabilities increased to approximately $4.78 billion, up from $4.10 billion the previous year, indicating a growing debt load. Despite these challenges, the overall financial results demonstrate a robust performance in the advertising segment.
linkFeb 12, 2025 16:07:44
The company has submitted a report as required by the Securities Exchange Act of 1934, indicating compliance with regulatory obligations. Matthew A. Stumpf has signed the document, affirming its authenticity and the company's commitment to transparency in its financial reporting.
No specific financial metrics or performance indicators were mentioned in the press release, leaving out details on the company’s financial health or operational results. This lack of information may leave stakeholders seeking more comprehensive insights into the company's current standing.
linkDec 05, 2024 16:45:02
AppLovin Corporation announced a public offering of senior notes, which will be used primarily to repay its senior secured term loan facilities due in 2028 and 2030. The offering is being managed by J.P. Morgan, BofA Securities, and Morgan Stanley, and is part of an effective registration statement with the SEC. The terms of the notes will depend on market conditions at the time of pricing, and they will be senior unsecured obligations of the company without subsidiary guarantees.
On the negative side, the offering is subject to market conditions, which may affect the final terms of the notes. Additionally, the company has not disclosed the specific amounts for the senior notes or the interest rates, leaving uncertainty regarding the financial implications of the offering. The press release also includes disclaimers about the risks associated with forward-looking statements, indicating potential uncertainties in the company's plans.
linkNov 20, 2024 17:19:59
AppLovin Corporation announced its financial results for the third quarter of 2024, highlighting its role as a marketing platform that connects businesses with customers. The company offers various software and AI solutions aimed at helping businesses grow their audiences and monetize effectively. The announcement included an invitation for shareholders to join a webinar for a detailed discussion on the results and business performance.
However, the press release did not provide specific financial metrics or performance indicators, leaving out details that might clarify the company's current financial standing. There was no mention of any challenges or negative outcomes, which could be significant for stakeholders looking to understand the full context of the company's performance during the quarter.
linkNov 06, 2024 16:08:45
AppLovin announced impressive second-quarter results, with revenue increasing by 44% to $1.08 billion and net income soaring by 286% to $310 million. The company credited its AXON technology for driving growth and reported strong cash flow figures. Looking ahead, AppLovin expects continued revenue growth in Q3 2024, projecting between $1.115 and $1.135 billion. However, they also noted significant share repurchase activity, which may impact future share availability.
linkAug 07, 2024 16:07:40
AppLovin reported a robust start to 2024 with revenue of $1.06 billion (+48% yr/yr), net income of $236 million, and Adjusted EBITDA of $549 million (+101% yr/yr). The company's Software Platform revenue hit a record $678 million in Q1, with strong growth and profitability metrics. AppLovin repurchased shares and has $500 million left in its repurchase authorization. The outlook for Q2 2024 includes revenue of $1,060 to $1,080 million and Adjusted EBITDA of $550 to $570 million.
linkMay 08, 2024 16:07:38
AppLovin reported a strong fourth quarter and full year 2023, with revenue of $953 million in 4Q23, a 36% increase year-over-year, and total revenue for 2023 reaching $3.3 billion, a 17% increase year-over-year. The company achieved a net income of $172 million in 4Q23 and $357 million for the full year. AppLovin's focus on share management and free cash flow generation resulted in the repurchase and withholding of 54.3 million shares in 2023, reducing total shares outstanding by nearly 10%. The company also anticipates further stability and growth in the first quarter of 2024.
linkFeb 14, 2024 16:07:34
AppLovin Corporation announced its record financial results for the third quarter of 2023, with total revenue growing 21% year-over-year to $864 million and net income improving to $109 million. The company's robust performance was driven by the continued success of its AI-based advertising engine, AXON 2.0. Additionally, AppLovin revealed the transition of its President and CFO, with Matt Stumpf being appointed as the new CFO and Dmitriy Dorosh as the Principal Accounting Officer effective January 1, 2024.
linkNov 08, 2023 16:16:43