Financial Performance
AppLovin's financial performance has been strong in recent years. In 2020, the company reported $2.1 billion in revenue, up 65% from 2019. Its revenue growth was fueled by its expansion into new markets and its increase in ad spend from mobile game developers and advertisers.
In 2021, AppLovin reported $3.5 billion in revenue, up 67% from 2020. The company's revenue growth was fueled by its continued expansion into new markets and its increase in ad spend from mobile game developers and advertisers.