Applovin Corporation (APP) Stock Falls on Q4 2025 Earnings

Applovin Corporation (APP) reported fourth-quarter 2025 results that beat consensus on both revenue and earnings per share. Revenue came in at $1.66 billion versus an estimate of $1.62 billion, and diluted earnings per share were $3.24 compared with an estimate of $2.97. The stock was down 2.71% since market close.

Revenue: $1.66 billion (+20.8% year-over-year).

Gross profit: $1.47 billion (+40.1% year-over-year).

Operating profit: $1.28 billion (+109.8% year-over-year).

Net income attributable to common shareholders: $1.10 billion (+83.9% year-over-year).

Diluted EPS: $3.24 (+88.4% year-over-year).

Cash flow and balance-sheet highlights show strong liquidity and cash generation.

Cash from operating activities: $1.31 billion (+87.4% year-over-year).

Cash and cash equivalents: $2.49 billion (+256.8% year-over-year).

Purchases of property, plant and equipment (capex): $4.78 million (cash outflow).

Cost of sales: $183.53 million (down 42.7% year-over-year).

Total liabilities: $5.12 billion (+7.2% year-over-year).

The company delivered sizable margin expansion and strong operating leverage, with operating profit more than doubling year-over-year and cash generation accelerating. Overall, Applovin's results point to robust profitability and a strengthened cash position heading into the next quarter.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Applovin Corporation Insider Trading Activity

Applovin Corporation insiders have traded $APP stock on the open market 704 times in the past 6 months. Of those trades, 0 have been purchases and 704 have been sales.

Here’s a breakdown of recent trading of $APP stock by insiders over the last 6 months:

HERALD Y CHEN has made 0 purchases and 66 sales selling 500,000 shares for an estimated $219,812,567.
ARASH ADAM FOROUGHI (CEO & Chairperson) has made 0 purchases and 297 sales selling 272,965 shares for an estimated $124,103,833.
EDUARDO VIVAS has made 0 purchases and 14 sales selling 150,000 shares for an estimated $97,636,464.
VASILY SHIKIN (Chief Technology Officer) has made 0 purchases and 264 sales selling 165,000 shares for an estimated $81,206,706.
VICTORIA VALENZUELA (CALO & Corp. Secretary) has made 0 purchases and 23 sales selling 74,208 shares for an estimated $36,245,248.
MATTHEW STUMPF (Chief Financial Officer (CFO)) has made 0 purchases and 33 sales selling 9,758 shares for an estimated $4,547,405.
CRAIG SCOTT BILLINGS has made 0 purchases and 4 sales selling 2,350 shares for an estimated $1,393,368.
DAWSON ALYSSA HARVEY has made 0 purchases and 3 sales selling 700 shares for an estimated $392,623.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Applovin Corporation Hedge Fund Activity

We have seen 880 institutional investors add shares of Applovin Corporation stock to their portfolio, and 681 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

IEQ CAPITAL, LLC added 15,724,631 shares (+28440.3%) to their portfolio in Q3 2025, for an estimated $11,298,776,358
STATE STREET CORP added 6,237,051 shares (+111.1%) to their portfolio in Q3 2025, for an estimated $4,481,570,625
BLACKROCK, INC. added 5,989,081 shares (+31.6%) to their portfolio in Q3 2025, for an estimated $4,303,394,261
MILLENNIUM MANAGEMENT LLC removed 2,574,629 shares (-99.1%) from their portfolio in Q3 2025, for an estimated $1,849,973,921
RAKUTEN INVESTMENT MANAGEMENT, INC. added 2,009,415 shares (+11773.7%) to their portfolio in Q3 2025, for an estimated $1,443,845,054
HRT FINANCIAL LP removed 1,577,072 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $1,133,189,314
D. E. SHAW & CO., INC. removed 1,374,530 shares (-73.7%) from their portfolio in Q3 2025, for an estimated $987,654,786

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Applovin Corporation Congressional Stock Trading

Members of Congress have traded $APP stock 5 times in the past 6 months. Of those trades, 4 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $APP stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 4 times. They made 4 purchases worth up to $60,000 on 12/19, 11/18, 10/17, 10/09 and 0 sales.
REPRESENTATIVE VAL T. HOYLE sold up to $15,000 on 09/23.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

Applovin Corporation Analyst Ratings

Wall Street analysts have issued reports on $APP in the last several months. We have seen 13 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Evercore ISI Group issued a "Outperform" rating on 01/14/2026
Jefferies issued a "Buy" rating on 12/11/2025
Benchmark issued a "Buy" rating on 12/11/2025
Citigroup issued a "Buy" rating on 11/12/2025
Wells Fargo issued a "Overweight" rating on 11/07/2025
Wedbush issued a "Outperform" rating on 11/06/2025
UBS issued a "Buy" rating on 11/06/2025

To track analyst ratings and price targets for Applovin Corporation, check out Quiver Quantitative's $APP forecast page.

Applovin Corporation Price Targets

Multiple analysts have issued price targets for $APP recently. We have seen 17 analysts offer price targets for $APP in the last 6 months, with a median target of $750.0.

Here are some recent targets:

John Hodulik from UBS set a target price of $686.0 on 02/10/2026
Bernie McTernan from Needham set a target price of $700.0 on 01/26/2026
Robert Coolbrith from Evercore ISI Group set a target price of $835.0 on 01/14/2026
Matthew Cost from Morgan Stanley set a target price of $800.0 on 01/13/2026
Alec Brondolo from Wells Fargo set a target price of $735.0 on 01/08/2026
James Heaney from Jefferies set a target price of $860.0 on 12/11/2025
Mike Hickey from Benchmark set a target price of $775.0 on 12/11/2025