FINHUB Insights

APP · Q4 FY25 · Oct 1 – Dec 31, 2025

AppLovin Q4 FY25: where the revenue came from and where it went

AppLovin Q4 FY25: revenue $1.7B (+168% year over year). Net profit $1.1B. Largest cohort US $0.9B. The whole income statement as a sankey diagram from the SEC filing.

Period
Oct 1 – Dec 31, 2025
Reported
Feb 19, 2026 10-K
Sankey diagram of AppLovin's income statement for Q4 FY25: revenue of $1.66 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.66B +168% year over year
Gross profit$1.47B 89% margin
Operating profit$1.28B 77% margin
Net profit$1.10B 66% margin

The numbers

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
ItemValueShare of revenueYear over year
Revenue 1.66 100% +168%
US 0.87 52% +64%
Non US 0.79 48% +68%
Cost of revenue−0.1811%
Gross profit1.4789% margin−14pp
R&D−0.085%−1pp
Sales & marketing−0.053%+20pp
G&A−0.074%−4pp
Operating profit1.2877% margin−28pp
Tax−0.15
Interest & other costs−0.02
Net profit1.1066%−30pp
Filing on EDGAR More quarters of APP

Source of the numbers: structured XBRL data from the filing (10-K). The diagram is generated automatically and checked against EDGAR before release. The fourth quarter has no column of its own in an annual report, so it is the full year minus the first nine months. How we calculate it → About and methodology.