8-K
filed February 14, 2024, 6:59 PM ET
ticker APP
CIK 0001751008
earnings
confidence high
sentiment positive
materiality 0.85
AppLovin Q4 revenue $953M (+36% YoY), Adj EBITDA $476M; Board approves $1.25B buyback
AppLovin Corp
2023-FY EPS reported
$0.98
revenue$3,283,087,000
- Q4 revenue $953M (+36% YoY), net income $172M, Adjusted EBITDA $476M (+83% YoY) at 50% margin.
- Full-year 2023 revenue $3.3B (+17%), net income $357M, Adjusted EBITDA $1.5B (+41%) at 46% margin.
- Software Platform revenue grew 76% to $1.8B in 2023, segment Adj EBITDA $1.3B (69% margin).
- Board authorized $1.25B increase to share repurchase program; $2.2M remained before authorization.
- Q1 2024 guidance: revenue $955-975M, Adjusted EBITDA $475-495M (50-51% margin).
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
AppLovin Corp reported the full year ended December 31, 2023 results: revenue $3.3 billion, net income $357 million. Guidance reaffirmed.
- Period
- the full year ended December 31, 2023
- Revenue
- $3.3 billion
- Net income
- $357 million
- Guidance
- reaffirmed
- Result
- reported results
Exact text from the filing
Total revenue for 2023 was $3.3 billion (+17% yr/yr), with net income of $357 million
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
AppLovin Corp reported the quarter ended December 31, 2023 results: revenue $953 million, net income $172 million. Guidance reaffirmed.
- Period
- the quarter ended December 31, 2023
- Revenue
- $953 million
- Net income
- $172 million
- Guidance
- reaffirmed
- Result
- reported results
Exact text from the filing
In the fourth quarter, we generated revenue of $953 million (+36% yr/yr), net income of $172 million
View on SEC.gov
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