AppLovin Corp (APP) stock
APPNasdaqServices-Computer Programming, Data Processing, Etc.Fiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 17/3027% below fair value
$393.68−11.09 (-2.74%)
Close on Nov 12, 2026Market cap $131.75BP/E 26.5Yield –
AppLovin r&d expenses
Research and development expenses are spending on new products and technology.
AppLovin's R&D Expenses for the twelve months ending Sep 30, 2026 was $378.04M, up 51.1% year over year. For fiscal 2025 it was $226.51M, down 39.6% from the year before. The highest annual figure on record is $507.61M in fiscal 2022.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $226.51M | -39.6% |
| FY2024 | Dec 31, 2024 | $374.71M | +12.3% |
| FY2023 | Dec 31, 2023 | $333.78M | -34.2% |
| FY2022 | Dec 31, 2022 | $507.61M | +38.5% |
| FY2021 | Dec 31, 2021 | $366.40M | +102.8% |
| FY2020 | Dec 31, 2020 | $180.65M | +301.8% |
| FY2019 | Dec 31, 2019 | $44.97M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $101.82M | +132.2% |
| Q2 FY2026 | Jun 30, 2026 | $99.90M | +126.9% |
| Q1 FY2026 | Mar 31, 2026 | $94.10M | +66.8% |
| Q4 FY2025 | Dec 31, 2025 | $82.22M | -22.3% |
| Q3 FY2025 | Sep 30, 2025 | $43.85M | -45.7% |
| Q2 FY2025 | Jun 30, 2025 | $44.03M | -55.6% |
| Q1 FY2025 | Mar 31, 2025 | $56.41M | -63.7% |
| Q4 FY2024 | Dec 31, 2024 | $105.86M | -29.8% |
| Q3 FY2024 | Sep 30, 2024 | $80.78M | -49.3% |
| Q2 FY2024 | Jun 30, 2024 | $99.12M | -27.9% |
| Q1 FY2024 | Mar 31, 2024 | $155.32M | +7.2% |
| Q4 FY2023 | Dec 31, 2023 | $150.82M | +27.6% |
| Q3 FY2023 | Sep 30, 2023 | $159.29M | +30.5% |
| Q2 FY2023 | Jun 30, 2023 | $137.42M | -2.6% |
| Q1 FY2023 | Mar 31, 2023 | $144.85M | +14.7% |
| Q4 FY2022 | Dec 31, 2022 | $118.19M | -1.1% |
| Q3 FY2022 | Sep 30, 2022 | $122.06M | +12.5% |
| Q2 FY2022 | Jun 30, 2022 | $141.11M | +82.2% |
| Q1 FY2022 | Mar 31, 2022 | $126.25M | +107.4% |
| Q4 FY2021 | Dec 31, 2021 | $119.54M | +48.1% |
| Q3 FY2021 | Sep 30, 2021 | $108.52M | +112.2% |
| Q2 FY2021 | Jun 30, 2021 | $77.46M | +160.8% |
| Q1 FY2021 | Mar 31, 2021 | $60.88M | +218.5% |
| Q4 FY2020 | Dec 31, 2020 | $80.70M | – |
| Q3 FY2020 | Sep 30, 2020 | $51.14M | – |
| Q2 FY2020 | Jun 30, 2020 | $29.70M | – |
| Q1 FY2020 | Mar 31, 2020 | $19.11M | – |
See a number that looks wrong?