APP is the ticker symbol for AppLovin Corp, a publicly traded Technology sector company listed on Nasdaq. 13F Pro tracks APP with AI-powered analysis, an AI quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is APP a good stock to buy?

13F Pro's AI ranking engine scores APP at 84.7/100, ranked #6 of 2,925 stocks on a composite quality score built from its SEC filings, covering profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for APP is available at https://13fpro.ai/company/APP. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source APP data?

All AppLovin Corp fundamentals and ownership data come directly from SEC EDGAR. AppLovin Corp files with the SEC under CIK 1751008. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

AppLovin Corp APP

NasdaqLarge CapTechnology

13F Pro quality score

Rank #6 of 2,925TOP 1%

Why it scores 85 Technology peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$1.92B

Quarter to Jun 30

Net income

$1.27B

Quarter to Jun 30

Operating margin

77.7%

Quarter to Jun 30

Top Institutional Holders

as of Q2 2026

$116.22B total

BlackRock, Inc.

$12.39B+1.7%

VANGUARD CAPITAL MANAGEMENT LLC

$9.14B+5.9%

FMR LLC

$8.91B+10.2%

STATE STREET CORP

$6.24B+2.8%

Invesco Ltd.

$5.66B+164.8%

Capital World Investors

$4.20B+156.4%

GEODE CAPITAL MANAGEMENT, LLC

$3.78B+1.0%

BAILLIE GIFFORD & CO

$3.33B-3.4%

VANGUARD PORTFOLIO MANAGEMENT LLC

$3.27B+7.0%

MORGAN STANLEY

$2.98B+3.3%

PRICE T ROWE ASSOCIATES INC /MD/

$2.46B-12.2%

JPMORGAN CHASE & CO

$2.17B+5.9%

WCM INVESTMENT MANAGEMENT, LLC

$1.85B-25.8%

GOLDMAN SACHS GROUP INC

$1.65B+18.2%

KENSICO CAPITAL MANAGEMENT CORP

$1.64B-3.1%

Capital International Investors

$1.53B+5.1%

NORGES BANK

$1.51B--

BANK OF AMERICA CORP /DE/

$1.49B-8.2%

NORTHERN TRUST CORP

$1.24B-0.4%

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$1.08B+6.9%

Capital Research Global Investors

$981.61M-27.8%

JENNISON ASSOCIATES LLC

$937.47M-20.9%

SPRUCE HOUSE INVESTMENT MANAGEMENT LLC

$922.26M0.0%

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME

$894.17M+7.5%

Jericho Capital Asset Management L.P.

$864.16M0.0%

See all 1,475 institutional holders →

What's Driving APP's Business? Latest 10-Q Breakdown

29/29 datapoints verified

AI-extracted from the 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Q2 revenue rose 53% YoY to $1.92B as AppLovin Ads net revenue per installation increased 58%, offsetting a 2% decline in installation volume; net income was $1.27B.

Biggest Revenue Drivers

United States$989.6M

Revenue disaggregated by geography based on user location; company operates as a single reportable segment

Rest of the world$934.1M

Revenue disaggregated by geography based on user location; substantially all revenue from AppLovin Ads

Biggest Revenue Drivers

Total revenue: $1.92B+53% YoY

United States$989.6M

Revenue disaggregated by geography based on user location; company operates as a single reportable segment

Rest of the world$934.1M

Revenue disaggregated by geography based on user location; substantially all revenue from AppLovin Ads

Largest Expense Items

Cost of revenue$225.8M+46% YoY

Increase of $52.1 million in expenses associated with operating our network infrastructure driven by the growth in our operations

Research and development$99.9M+127% YoY

Increase of $54.8 million in personnel-related expenses related to an increase in stock-based compensation-related payroll costs

Sales and marketing$63.4M+35% YoY

Increase of $17.2 million in advertising and marketing program costs, partially offset by a $3.5 million decrease in personnel-related expenses

General and administrative$40.3M-27% YoY

Decrease of $9.5 million in bad debt expense and $5.2 million in professional services costs associated with transaction-related expenses

Margins: Income from operations was 78% of revenue versus 76% a year ago, as total costs fell to 22% of revenue from 24%. Adjusted EBITDA margin rose to 83.9% from 80.9%.

Watch Items from the Filing

Installation volume declined 2% YoY; growth relied entirely on a 58% increase in net revenue per installation from Axon AI-driven AppLovin Ads performance.
Securities class action and consolidated derivative suits allege false statements on advertising solutions and growth; company cannot estimate maximum exposure or range of possible loss.
Cloud computing commitment of $1.3 billion over three years signed August 2024; $953.5 million paid through June 30, 2026, leaving a sizable remaining obligation.
Stock-based compensation more than doubled to $85.8 million from $34.6 million, with R&D alone at $68.9 million versus $17.2 million a year ago.
$3.6 billion of senior unsecured notes outstanding; $1.5 billion of stock repurchased in six months leaves $1.8 billion of authorization remaining.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →

Key Metrics

Revenue

Q2 2026

EDGAR

Net Income

Q2 2026

EDGAR

EPS (Diluted)

Q2 2026

EDGAR

Operating Margin

Q2 2026

EDGAR

ROIC

Q2 2026

EDGAR

Debt/Equity

Q2 2026

EDGAR

Financial Trends

Revenue & Net Income

13fpro.ai/company/APP

Earnings Per Share

13fpro.ai/company/APP

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AppLovin Corp reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Op. marginOperating margin
FY 2025	10-K	$5.5B	$3.3B	75.8%
FY 2024	10-K	$3.2B	$1.6B	59.3%
FY 2023	10-K	$1.8B	$356.7M	41.9%
FY 2022	10-K	$2.8B	$-192.7M	-1.7%
FY 2021	10-K	$2.8B	$35.4M	5.4%
FY 2020	10-K	$1.5B	$-125.2M	-4.3%

About AppLovin Corp (APP): stock profile, AI score and financials

AppLovin Corp (APP) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores APP at 84.7/100 on a composite quality score built from its SEC filings, placing it at rank #6 of 2,925 stocks — the top 1% of the AI-ranked universe. APP scores in the top quartile across balance sheet strength (99.6), profitability (98.7), free cash flow (97.6). Shareholder dilution risk is elevated at 27.7/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), AppLovin Corp reports quarterly revenue of $1.9B, net income of $1.3B, an operating margin of 77.7%. Top institutional holders of APP by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, FMR, based on the most recent SEC filings. APP trades on the Nasdaq exchange and files with the SEC under CIK 1751008. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate APP daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for AppLovin Corp directly from SEC EDGAR.

Financials through the period ended Jun 30, 2026SEC EDGAR: CIK 1751008 →

AppLovin Corp APP

Top Institutional Holders

What's Driving APP's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Biggest Revenue Drivers

Largest Expense Items

Watch Items from the Filing

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

APP key financials by period

APP insiders

Congress trading in APP

About AppLovin Corp (APP): stock profile, AI score and financials

AppLovin Corp APP

Top Institutional Holders

What's Driving APP's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

APP key financials by period

Companies similar to APP

APP insiders

Congress trading in APP

About AppLovin Corp (APP): stock profile, AI score and financials