PALO ALTO, Calif.--( BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced financial results for the quarter and full year ended December 31, 2024 and posted a letter to its shareholders and a financial update on its Investor Relations website located at https://investors.applovin.com.
Fourth Quarter and Full Year 2024 Financial Highlights:
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Quarter Ended | Year Ended | |||
(In thousands, except percentages) |
December 31, | December 31, |
Additional Financial Highlights:
- Net cash from operating activities was $701 million and $2.1 billion, and Free Cash Flow was $695 million and $2.1 billion for the fourth quarter and full year 2024, respectively.
- During the fourth quarter and full year 2024, we retired and withheld 1.6 million and 25.7 million of our Class A common stock, resulting in total costs of $0.5 billion and $2.1 billion, respectively.2 At the end of 4Q 2024, we had 340 million shares of our Class A and Class B common stock outstanding.
First Quarter 2025 Financial Guidance Summary3
(In millions, except percentages) |
1Q25 |
Webcast and Conference Calls
AppLovin will host a webinar today at 2:00 PM PT / 5:00 PM ET, during which management will discuss the Company’s fourth quarter and full year 2024 results and provide commentary on its business performance. A question-and-answer session will follow the prepared remarks.
The webinar may be accessed on the Company’s investor relations website or via webinar registration. A replay of the webinar will also be available under the Events & Presentations section of our Investor Relations website.
About AppLovin
AppLovin makes technologies that help businesses of every size connect to their ideal customers. The company provides end-to-end software and AI solutions for businesses to reach, monetize and grow their global audiences. For more information about AppLovin, visit: www.applovin.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934...
Non-GAAP Financial Metrics
To supplement our financial information presented in accordance with generally accepted accounting principles in the United States (“GAAP”)...
AppLovin Corporation |
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Consolidated Balance Sheets |
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(In thousands, except share and per share data) |
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(unaudited) |