How does APP's 2024 earnings trend compare to peers?

AppLovin Corporation (APP) demonstrated a robust net income of $599.2 million and total revenue of $1.37 billion in its most recent reporting quarter ending December 31, 2024. When compared to its peers in the tech giant realm, AppLovin's financial performance stands out, especially when considering the net income figures. Here's a comparative analysis: |code|Ticker|Name|Date|Total Revenue|Net Income|market_code| |---|---|---|---|---|---|---| |MSFT|MSFT.O|Microsoft|2024 Q2|6.202E10|2.187E10|185| |APP|APP.O|Applovin|2024 Q2|1.080119E9|3.09969E8|185| |GOOGL|GOOGL.O|Alphabet A|2024 Q2|8.4742E10|2.3619E10|185| |AMZN|AMZN.O|Amazon.com|2024 Q2|1.47977E11|1.3485E10|185| |MSFT|MSFT.O|Microsoft|2024 Q3|6.1858E10|2.1939E10|185| |APP|APP.O|Applovin|2024 Q3|1.198235E9|4.3442E8|185| |GOOGL|GOOGL.O|Alphabet A|2024 Q3|8.8268E10|2.6301E10|185| |AMZN|AMZN.O|Amazon.com|2024 Q3|1.58877E11|1.5328E10|185| |MSFT|MSFT.O|Microsoft|2024 Q4|6.4727E10|2.2036E10|185| |APP|APP.O|Applovin|2024 Q4|1.372779E9|5.99204E8|185| **Google (GOOGL)**: With a net income of $26.54 billion and total revenue of $96.47 billion in the same period, Google's financials are significantly larger than AppLovin's. This disparity could be attributed to Google's diverse business segments, including advertising, cloud computing, and hardware. **Microsoft (MSFT)**: Microsoft reported a net income of $24.11 billion and total revenue of $69.63 billion. Although Microsoft's net income is higher than AppLovin's, its total revenue is still considerably larger. **Amazon (AMZN)**: Amazon's net income of $20 billion and total revenue of $187.79 billion are substantial, indicating a strong business presence. However, Amazon's revenue is more than ten times that of AppLovin. **Facebook (FBGL)**: The data for Facebook's net income and revenue for the corresponding quarter was not available. Without this information, a direct comparison cannot be made. In conclusion, while AppLovin's earnings are impressive within its industry, they are relatively smaller when compared to the giants in the tech sector such as Google, Microsoft, and Amazon. The absence of data for Facebook's earnings in the same quarter prevents a full comparison, but it is clear that AppLovin's financial performance is overshadowed by its more established peers.