XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenue $ 726,951 $ 381,740 $ 1,999,634 $ 941,249
Costs and expenses:        
Cost of revenue 254,052 163,060 722,966 357,564
Sales and marketing 285,224 153,014 816,200 417,000
Research and development 108,523 51,136 246,861 99,950
General and administrative 34,104 15,276 122,116 41,256
Lease modification and abandonment of leasehold improvements 0 0 0 7,851
Extinguishments of acquisition-related contingent consideration 0 74,712 0 74,712
Total costs and expenses 681,903 457,198 1,908,143 998,333
Income (loss) from operations 45,048 (75,458) 91,491 (57,084)
Other income (expense):        
Interest expense and loss on settlement of debt (18,756) (20,110) (72,796) (57,548)
Other income (expense), net (9,217) 1,169 (997) 5,347
Total other expense (27,973) (18,941) (73,793) (52,201)
Income (loss) before income taxes 17,075 (94,399) 17,698 (109,285)
Provision for (benefit from) income taxes 16,933 (4,485) 13,767 (2,324)
Net income (loss) 142 (89,914) 3,931 (106,961)
Add: Net loss attributable to noncontrolling interest 36 226 149 546
Net income (loss) attributable to AppLovin 178 (89,688) 4,080 (106,415)
Less: Net income attributable to participating securities (1) 0 (568) 0
Net income (loss) attributable to common stock—Basic 177 (89,688) 3,512 (106,415)
Net income (loss) attributable to common stock—Diluted $ 177 $ (89,688) $ 3,539 $ (106,415)
Net income (loss) per share attributable to common stockholders:        
Basic (in dollars per share) $ 0.00 $ (0.42) $ 0.01 $ (0.50)
Diluted (in dollars per share) $ 0.00 $ (0.42) $ 0.01 $ (0.50)
Weighted average common shares used to compute net income (loss) per share attributable to common stockholders:        
Basic (in shares) 368,427,532 214,638,272 309,353,304 212,998,263
Diluted (in shares) 384,324,785 214,638,272 327,426,792 212,998,263