AppLovin (MEX:APP) Research & Development: MXN4,811 Mil (TTM As of Mar. 2026)


MEX:APP AppLovin Corp MEX:APP
73 GF Score
Price MXN8,170.00
GF Value MXN8,601.91
Valuation Fairly Valued
! 1 Warning Sign
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What is AppLovin Research & Development?

AppLovin MEX:APP 73 Research & Development is MXN4,811 Mil as of Mar. 2026. GuruFocus rates MEX:APP with a GF Score™ of 73/100 and a GF Value™ of MXN8,601.91 (Fairly Valued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. AppLovin's Research & Development for the three months ended in Mar. 2026 was MXN1,697 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was MXN4,811 Mil.

AppLovin  (MEX:APP) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

AppLovin Research & Development Related Terms

AppLovin Research & Development Historical Data

* Premium members only.

The historical data trend for AppLovin's Research & Development 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 Research & Development Chart

AppLovin Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 7,516.37 9,896.31 5,665.68 7,814.84 4,078.47

AppLovin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 1,153.97 829.09 804.43 1,480.43 1,696.95
MEX:APP
73GF Score
AppLovin Corp MEX:APP
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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AppLovin Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development 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 MXN4,811 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MXN4,811 Mil mean?
AppLovin (MEX:APP) has a Research & Development of MXN4,811 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on AppLovin and its competitors.
Is AppLovin's Research & Development too high?
AppLovin's current Research & Development is MXN4,811 Mil. Overall, AppLovin has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AppLovin's Research & Development compare to OMC and TTD?
AppLovin's Research & Development of MXN4,811 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 Research & Development for a Media - Diversified company?
A good Research & Development depends on the Media - Diversified industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on AppLovin and its competitors. AppLovin's current Research & Development is MXN4,811 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 Fairly Valued. The stock's GF Value™ is MXN8,601.91, compared to a current price of MXN8,170.00 — trading 5% below its estimated fair value. The current Research & Development is MXN4,811 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For AppLovin (MEX:APP), the current Research & Development is MXN4,811 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 MXN8,170.00 is trading 5% below its estimated GF Value™ of MXN8,601.91. GuruFocus considers AppLovin to be Fairly Valued.

Key valuation signals for MEX:APP:

  • Research & Development: MXN4,811 Mil
  • GF Value™: MXN8,601.91 vs. price of MXN8,170.00 (5% below fair value)
  • GF Score™: 73/100 with 1 warning sign

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 Business Description

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.
73GF Score

Get the complete analysis for MEX:APP

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

MXN8,170.00
Price
MXN8,601.91
GF Value