Applovin (APP) Margins & Profitability 2021-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 88.9%
EBITDA Margin: 80.0%
Op. Margin: 78.2%
Net Margin: 65.4%

Op. margin of 78.2% is up 33.4% YoY — cost efficiency is improving. Net margin at 65.4% and gross margin of 88.9% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit