APP · Q1 FY26 · Jan 1 – Mar 31, 2026
AppLovin Q1 FY26: where the revenue came from and where it went
AppLovin Q1 FY26: revenue $1.8B (+59% year over year). Net profit $1.2B. Largest cohort Non US $0.9B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- May 6, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$1.84B
+59% year over year
Gross profit$1.64B
89% margin
Operating profit$1.44B
78% margin
Net profit$1.21B
65% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.84 | 100% | +59% |
| Non US | 0.94 | 51% | +72% |
| US | 0.91 | 49% | +47% |
| Cost of revenue | −0.20 | 11% | |
| Gross profit | 1.64 | 89% margin | +2pp |
| R&D | −0.09 | 5% | +0pp |
| Sales & marketing | −0.06 | 3% | −2pp |
| G&A | −0.04 | 2% | −2pp |
| Operating profit | 1.44 | 78% margin | +6pp |
| Tax | −0.23 | ||
| Net profit | 1.21 | 65% | +16pp |
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