XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Revenue $ 668,806 $ 299,331 $ 1,272,683 $ 559,509
Costs and expenses:        
Cost of revenue 245,853 118,051 468,914 194,504
Sales and marketing 265,463 135,319 530,976 263,986
Research and development 77,462 29,702 138,338 48,814
General and administrative 45,050 15,170 88,012 25,980
Lease modification and abandonment of leasehold improvements 0 7,851 0 7,851
Total costs and expenses 633,828 306,093 1,226,240 541,135
Income (loss) from operations 34,978 (6,762) 46,443 18,374
Other income (expense):        
Interest expense and loss on settlement of debt (19,030) (18,809) (54,040) (37,438)
Other income (expense), net (1,570) 3,157 8,220 4,178
Total other income (expense) (20,600) (15,652) (45,820) (33,260)
Income (loss) before income taxes 14,378 (22,414) 623 (14,886)
Provision for (benefit from) income taxes 14 (703) (3,166) 2,161
Net income (loss) 14,364 (21,711) 3,789 (17,047)
Add: Net loss attributable to noncontrolling interest 59 320 113 320
Net income (loss) attributable to AppLovin 14,423 (21,391) 3,902 (16,727)
Less: Net income attributable to participating securities (1,128) 0 (807) 0
Net income (loss) attributable to common stock—Basic 13,295 (21,391) 3,095 (16,727)
Net income (loss) attributable to common stock—Diluted $ 13,349 $ (21,391) $ 3,137 $ (16,727)
Net income (loss) per share attributable to common stockholders:        
Basic (in dollars per share) $ 0.04 $ (0.10) $ 0.01 $ (0.08)
Diluted (in dollars per share) $ 0.04 $ (0.10) $ 0.01 $ (0.08)
Weighted average common shares used to compute net income (loss) per share attributable to common stockholders:        
Basic (in shares) 335,619,207 213,440,147 279,326,624 212,169,247
Diluted (in shares) 353,857,814 213,440,147 298,506,265 212,169,247