AppLovin Corp (APP)
68.86
-2.04
(-2.88%)
USD |
NASDAQ |
Apr 18, 16:00
68.86
0.00 (0.00%)
Pre-Market: 09:00
AppLovin Gross Profit Margin (Quarterly): 71.30% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 71.30% |
| September 30, 2023 | 69.33% |
| June 30, 2023 | 65.53% |
| March 31, 2023 | 63.38% |
| December 31, 2022 | 47.41% |
| September 30, 2022 | 57.79% |
| June 30, 2022 | 60.85% |
| March 31, 2022 | 54.95% |
| Date | Value |
|---|---|
| December 31, 2021 | 66.59% |
| September 30, 2021 | 65.05% |
| June 30, 2021 | 63.24% |
| March 31, 2021 | 63.06% |
| December 31, 2020 | 61.16% |
| September 30, 2020 | 57.29% |
| June 30, 2020 | 60.56% |
| March 31, 2020 | 70.62% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
47.41%
Minimum
Dec 2022
71.30%
Maximum
Dec 2023
62.38%
Average
63.15%
Median
Gross Profit Margin (Quarterly) Benchmarks
| The Trade Desk Inc | 83.38% |
| PubMatic Inc | 71.39% |
| Yext Inc | 78.58% |
| Lyft Inc | 39.26% |
| Freshworks Inc | 83.13% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 23.25% |
| Return on Assets | 6.46% |
| Return on Invested Capital | 7.58% |
| Profit Margin (Quarterly) | 18.07% |
| Operating Margin (Quarterly) | 28.27% |
| Return on Net Operating Assets | 8.39% |