AppLovin (XSWX:APP) Gross Profit: CHF5,447 Mil (TTM As of Mar. 2026)


XSWX:APP AppLovin Corp XSWX:APP
94 GF Score
Price CHF443.20
GF Value CHF428.69
! 1 Warning Sign
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What is AppLovin Gross Profit?

AppLovin XSWX:APP 94 Gross Profit is CHF5,447 Mil as of Mar. 2026. GuruFocus rates XSWX:APP with a GF Score™ of 94/100 and a GF Value™ of CHF428.69. The stock has 1 warning sign investors should review.

AppLovin's gross profit for the three months ended in Mar. 2026 was CHF1,639 Mil. AppLovin's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was CHF5,447 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 CHF1,639 Mil. AppLovin's Revenue for the three months ended in Mar. 2026 was CHF1,842 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 highest Gross Margin % of AppLovin was 88.37%. The lowest was 55.41%. And the median was 75.73%.


AppLovin  (XSWX: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.

AppLovin Gross Profit Chart

AppLovin Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial 1,805.01 1,560.99 1,485.15 2,703.45 4,815.58

AppLovin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,007.29 1,103.68 1,230.19 1,474.42 1,638.82

XSWX:APP vs : 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.


XSWX:APP
94GF Score
AppLovin Corp XSWX:APP
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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AppLovin Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

AppLovin's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=5480.717 - 665.14
=4,816

AppLovin's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=1842.449 - 203.632
=1,639

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 CHF5,447 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

AppLovin's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,639 / 1842.449
=88.95 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of CHF5,447 Mil mean?
AppLovin (XSWX:APP) has a Gross Profit of CHF5,447 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 CHF5,447 Mil. Overall, AppLovin has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does AppLovin's Gross Profit compare to ?
AppLovin's Gross Profit of CHF5,447 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 CHF5,447 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?
AppLovin (XSWX:APP) has a current Gross Profit of CHF5,447 Mil. The stock's GF Value™ is CHF428.69, compared to a current price of CHF443.20 — trading 3.4% above its estimated fair value. The current Gross Profit is CHF5,447 Mil. AppLovin's overall GF Score™ is 94/100 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 (XSWX:APP), the current Gross Profit is CHF5,447 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 (XSWX:APP) Overvalued in 2026?

Based on GuruFocus' analysis, AppLovin stock appears to be overvalued. The current stock price of CHF443.20 is trading 3.4% above its estimated GF Value™ of CHF428.69.

Key valuation signals for XSWX:APP:

  • Gross Profit: CHF5,447 Mil
  • GF Value™: CHF428.69 vs. price of CHF443.20 (3.4% above fair value)
  • GF Score™: 94/100 with 1 warning sign

No single metric tells the full story. See the XSWX:APP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AppLovin Business Description

Comparable Companies
Address 1100 Page Mill Road, Palo Alto, CA, USA, 94304
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.
94GF Score

Get the complete analysis for XSWX:APP

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF443.20
Price
CHF428.69
GF Value