How did Applovin's Software Platform revenue surge impact its Q4 2024 profitability?
5/9/2025 02:44am
Applovin's Software Platform revenue surge had a positive impact on its Q4 2024 profitability, as evidenced by the increase in net income. The company's total revenue for the quarter was $953.26 million, with a year-over-year growth rate of 0.44%. This growth in revenue, coupled with the net income of $599.2 million reported for the quarter, indicates that the company was able to generate higher profits due to the increase in software platform revenue.
|code|Ticker|Name|Date|Net Income YoY|market_code|
|---|---|---|---|---|---|
|APP|APP.O|Applovin|2024 Q1|5327.600708277999|185|
|APP|APP.O|Applovin|2024 Q2|285.7398857597969|185|
|APP|APP.O|Applovin|2024 Q3|299.87481475344947|185|
|APP|APP.O|Applovin|2024 Q4|247.90313122340083|185|