AppLovin Corp
APPQ1 2024(APP Q4 FY2023)Derived53% AI
AI Revenue %
53%
AI Fair Value
$48.6B
AI Revenue (Q)
$458.1M
Total Revenue (Q)
$864.3M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Software Platform segment revenue of $505.2M out of $953.3M total revenue = 53.0%. Derived from FY2023 annual totals (Software Platform $1,770,437K, Total $3,283,128K) minus 9M 2023 cumulative data (Software Platform $1,265,273K, Total $2,329,826K). AXON 2.0 launched this quarter. The FY2023 10-K describes the company's mission as providing 'end-to-end software and artificial intelligence-powered (AI) solutions.' MATH: ($1,770,437K - $1,265,273K) / ($3,283,128K - $2,329,826K) = $505,164K / $953,302K = 53.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Our software platform provides end-to-end software and artificial intelligence-powered ('AI') solutions for businesses to reach, monetize and grow their global audience
10-K FY2023 (2023-12-31), Item 1 Business
Software Platform Revenue [9M 2023] $ 1,265,273 ... Total Revenue [9M 2023] $ 2,329,826
10-Q Q3 FY2024 (2024-09-30), Revenue Disaggregation table — 9M 2023 comparative column
AI Products Identified (Ring 1)
AppDiscovery (AXON 2.0 recommendation engine)MAX (in-app bidding monetization)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Adjust (analytics SaaS)Wurl (CTV platform)
Confidence Tier
DerivedCalculated from reported segments primarily serving AI