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AppLovin's gross profit for the
three
months ended in Mar. 2026 was MXN29,552 Mil. AppLovin's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was MXN99,448 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. AppLovin's gross profit for the
three
months ended in Mar. 2026 was MXN29,552 Mil. AppLovin's Revenue for the
three
months ended in Mar. 2026 was MXN33,224 Mil. Therefore, AppLovin's Gross Margin % for the quarter that ended in Mar. 2026 was 88.95%.
AppLovin had a gross margin of 88.95% for the quarter that ended in Mar. 2026 => Durable competitive advantage
During the past 7 years, the highestGross Margin % of AppLovin was 88.37%. The lowest was 55.41%. And the median was 75.73%.
AppLovin (MEX:APP) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
AppLovin had a gross margin of 88.95% for the quarter that ended in Mar. 2026 => Durable competitive advantage
AppLovin Gross Profit Related Terms
AppLovin Gross Profit Historical Data
* Premium members only.
The historical data trend for AppLovin's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:APP vs OMC, TTD, LFTO: Gross Profit Comparison
For the Advertising Agencies subindustry, AppLovin's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AppLovin Gross Profit vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, AppLovin's Gross Profit distribution charts can be found below:
* The bar in red indicates where AppLovin's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN99,448 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
AppLovin (MEX:APP) has a Gross Profit of MXN99,448 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on AppLovin and its competitors.
Is AppLovin's Gross Profit too high?
AppLovin's current Gross Profit is MXN99,448 Mil. Overall, AppLovin has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AppLovin's Gross Profit compare to OMC and TTD?
AppLovin's Gross Profit of MXN99,448 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Media - Diversified company?
A good Gross Profit depends on the Media - Diversified industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on AppLovin and its competitors. AppLovin's current Gross Profit is MXN99,448 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AppLovin stock overvalued right now?
Based on GuruFocus' analysis, AppLovin (MEX:APP) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN8,834.81, compared to a current price of MXN7,181.00 — trading 18.7% below its estimated fair value. The current Gross Profit is MXN99,448 Mil. AppLovin's overall GF Score™ is 73/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For AppLovin (MEX:APP), the current Gross Profit is MXN99,448 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AppLovin (MEX:APP) Overvalued in 2026?
Based on GuruFocus' analysis, AppLovin stock appears to be undervalued.
The current stock price of MXN7,181.00 is trading 18.7% below its estimated GF Value™ of MXN8,834.81.
GuruFocus considers AppLovin to be Modestly Undervalued.
Key valuation signals for MEX:APP:
Gross Profit: MXN99,448 Mil
GF Value™: MXN8,834.81 vs. price of MXN7,181.00 (18.7% below fair value)
No single metric tells the full story. See the MEX:APP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AppLovin is a vertically integrated advertising technology company that acts as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange facilitating transactions between the two. About 80% of AppLovin's revenue comes from the DSP, AppDiscovery, while the remainder comes from the SSP, Max. AppLovin's primary tool for future growth is AXON 2, which is an ad optimizer operating within the DSP that allows advertisers to place ads according to specified return thresholds.
73GF Score
Get the complete analysis for MEX:APP
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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