Read from its own SEC filings · nothing written, nothing inferred

AppLovin $APP

🫧 Edgar looked up AppLovin Corporation ($APP). Last filing: 10-Q, 2026-08-05. 6 event filings (8-K) in the past twelve months.

🔖 Exposure: revenue $5.5B (FY2025), total debt $3.5B. Experience: revenue up 70.0% on the year, up 18.4% a year over 4 years; operating margin 75.8%, up from 59.3%. Soundness: equity 29.4% of assets, return on equity 156.2%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $4.7B and $13.2B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $3.2B to $19.2B. A statistical range, not company guidance. Against peers (40 filers, $50M+ revenue, services-computer programming, data processing, etc.): operating margin 75.8% against a 2.9% median; growth 70.0% against 5.7%.

AppLovin Corporation against its own record and its peers
Operating marginPeer median 2.9%75.8%Revenue, on the yearPeer median 5.7%70.0%Equity of assetsPeer median 44.6%29.4%Return on equityPeer median 4.6%156.2%Gold tick: the median of 30–38 peers with $50M+ revenue in services-computer programming, data processing, etc.

The figures, as filed

Fiscal year end2025-12-31
Revenue$5.5B
Revenue, on the year70.0%
Revenue, a year over the record18.4%
Operating margin75.8%
Operating margin, prior year59.3%
Net margin60.8%
Research and development$227M · 4.1% of revenue
Free cash flow—
Cash$2.5B
Total debt$3.5B
Equity of assets29.4%
Return on equity156.2%
Payout of profit—
Dividend per share—
Earnings per share$9.84
Book value per share$6.24
Revenue per share$16.03
Shares outstanding341,970,000
Audited years read5

Peers: the median of 40 filers with $50M+ revenue in services-computer programming, data processing, etc..

Health watch · last 12 months

Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt.

Health Harbor

AppLovin sails as: Sound ship

Sailing speed follows growth: 24.8% a year crosses the harbor in 30 seconds.

New shipno warning signs
Sound shipone warning sign
Weathered boattwo warning signs
Old boatthree warning signs
Rotting at the dockfour or more warning signs

Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.

Speed and cash · fiscal 2025

Cash Compass🌱 Cash cow later · growing fast, and already turning revenue into cash
Inside viewTurns 72.5% of revenue into operating cash; revenue growing 24.8% a year over three years; no common dividend.
Outside viewAmong $1B-10B companies: 99th percentile for cash, 91st for growth. cash growth

Both views must agree for a label · market view (price) not sourced; add a price at /boards/ask.json?q=TICKER&price=… · a description, not advice.

Cash conversion (operating cash ÷ revenue)72.5%
Growth speed (3 years, per year)24.8%
Revenue swing (std-dev of yearly growth)47.0%
Speed and steadinessFast and jumpy
Common dividendnone
Equity of assets29.4%

AppLovin is growing faster than its size class, with revenue that swings more. SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class.

Recent filings

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company

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