APP AppLovin

FY2025 10-K
Filed: Feb 19, 2026
Information Technology
Services-Computer Programming, Data Processing, Etc.SEC EDGAR

AppLovin (APP) filed its fiscal year 2025 10-K annual report with the SEC on Feb 19, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: AI-powered end-to-end advertising solutions for global audience reach, monetization, and growth
  • New emphasis on Connected TV (CTV) segment via Wurl platform, expanding into streaming video and advertising solutions
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Management Discussion & Analysis

  • Sale of Apps business for $400M cash plus ~20% equity in Tripledot, completed June 30, 2025
  • Post-sale operates as single segment; Apps business now discontinued operations
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Risk Factors

  • Regulatory risk from evolving privacy laws, including Apple's IDFA changes and Google's Privacy Sandbox retirement impacting data tracking and advertising effectiveness
  • Geopolitical cyber threats heightened by conflicts in Ukraine and the Middle East raising risk of state-sponsored cyberattacks on systems and data
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Financial Summary
XBRL

Revenue

$5.5B

Net Income

$3.3B

Operating Margin

75.8%

Net Margin

60.8%

ROE

156.2%

Total Assets

$7.3B

EPS (Diluted)

$9.75

Operating Cash Flow

$4.0B

Source: XBRL data from AppLovin FY2025 10-K filing on SEC EDGAR. All figures in USD.

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