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Side-by-side financial comparison of AppLovin Corp (APP) and Crane Co (CR). Click either name above to swap in a different company.

AppLovin Corp is the larger business by last-quarter revenue ($1.3B vs $696.4M, roughly 1.9× Crane Co). AppLovin Corp runs the higher net margin — 82.7% vs 9.6%, a 73.1% gap on every dollar of revenue. On growth, Crane Co posted the faster year-over-year revenue change (24.9% vs -2.9%). Over the past eight quarters, Crane Co's revenue compounded faster (14.8% CAGR vs 12.2%).

AppLovin Corporation is an American mobile technology company headquartered in Palo Alto, California. Founded in 2012, the company helps developers market, monetize, analyze and publish their apps through its mobile advertising, marketing, and analytics platforms, SSP MAX; DSP AppDiscovery; and SparkLabs creative studio. The company also invests in various mobile game publishers.

Crane Co. is an American industrial products company based in Stamford, Connecticut. Founded by Richard Teller Crane in 1855, it became one of the leading manufacturers of bathroom fixtures in the United States, until 1990, when that division was sold off. In 1960 it began the process of becoming a holding company with a diverse portfolio. Its business segments are Aerospace & Electronics, Engineered Materials, Fluid Handling, and Controls. Industries served by these segments include chemical...

APP vs CR — Head-to-Head

Bigger by revenue
APP
APP
1.9× larger
APP
$1.3B
$696.4M
CR
Growing faster (revenue YoY)
CR
CR
+27.8% gap
CR
24.9%
-2.9%
APP
Higher net margin
APP
APP
73.1% more per $
APP
82.7%
9.6%
CR
Faster 2-yr revenue CAGR
CR
CR
Annualised
CR
14.8%
12.2%
APP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
APP
APP
CR
CR
Revenue
$1.3B
$696.4M
Net Profit
$1.1B
$67.1M
Gross Margin
95.2%
40.4%
Operating Margin
14.4%
Net Margin
82.7%
9.6%
Revenue YoY
-2.9%
24.9%
Net Profit YoY
84.0%
-37.3%
EPS (diluted)
$3.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APP
APP
CR
CR
Q1 26
$696.4M
Q4 25
$1.3B
$581.0M
Q3 25
$1.4B
$589.2M
Q2 25
$1.3B
$577.2M
Q1 25
$1.5B
$557.6M
Q4 24
$1.4B
$544.1M
Q3 24
$1.2B
$548.3M
Q2 24
$1.1B
$528.6M
Net Profit
APP
APP
CR
CR
Q1 26
$67.1M
Q4 25
$1.1B
$81.7M
Q3 25
$835.5M
$91.4M
Q2 25
$819.5M
$86.4M
Q1 25
$576.4M
$107.1M
Q4 24
$599.2M
$81.0M
Q3 24
$434.4M
$77.3M
Q2 24
$310.0M
$71.6M
Gross Margin
APP
APP
CR
CR
Q1 26
40.4%
Q4 25
95.2%
41.6%
Q3 25
87.6%
42.7%
Q2 25
87.7%
42.0%
Q1 25
81.7%
42.6%
Q4 24
76.7%
40.9%
Q3 24
77.5%
41.4%
Q2 24
73.8%
40.0%
Operating Margin
APP
APP
CR
CR
Q1 26
14.4%
Q4 25
17.5%
Q3 25
76.8%
20.1%
Q2 25
76.1%
17.8%
Q1 25
44.7%
18.1%
Q4 24
44.3%
15.8%
Q3 24
44.6%
18.1%
Q2 24
36.2%
16.9%
Net Margin
APP
APP
CR
CR
Q1 26
9.6%
Q4 25
82.7%
14.1%
Q3 25
59.5%
15.5%
Q2 25
65.1%
15.0%
Q1 25
38.8%
19.2%
Q4 24
43.6%
14.9%
Q3 24
36.3%
14.1%
Q2 24
28.7%
13.5%
EPS (diluted)
APP
APP
CR
CR
Q1 26
Q4 25
$3.24
$1.40
Q3 25
$2.45
$1.56
Q2 25
$2.39
$1.47
Q1 25
$1.67
$1.83
Q4 24
$1.72
$1.37
Q3 24
$1.25
$1.33
Q2 24
$0.89
$1.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APP
APP
CR
CR
Cash + ST InvestmentsLiquidity on hand
$2.5B
$355.4M
Total DebtLower is stronger
$3.5B
$1.2B
Stockholders' EquityBook value
$2.1B
$2.1B
Total Assets
$7.3B
$4.1B
Debt / EquityLower = less leverage
1.65×
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APP
APP
CR
CR
Q1 26
$355.4M
Q4 25
$2.5B
$506.5M
Q3 25
$1.7B
$388.2M
Q2 25
$1.2B
$332.2M
Q1 25
$551.0M
$435.1M
Q4 24
$741.4M
$306.7M
Q3 24
$567.6M
$258.2M
Q2 24
$460.4M
$229.3M
Total Debt
APP
APP
CR
CR
Q1 26
$1.2B
Q4 25
$3.5B
$1.1B
Q3 25
Q2 25
Q1 25
Q4 24
$3.5B
$247.0M
Q3 24
Q2 24
Stockholders' Equity
APP
APP
CR
CR
Q1 26
$2.1B
Q4 25
$2.1B
$2.1B
Q3 25
$1.5B
$2.0B
Q2 25
$1.2B
$1.9B
Q1 25
$575.4M
$1.8B
Q4 24
$1.1B
$1.6B
Q3 24
$938.2M
$1.6B
Q2 24
$814.8M
$1.5B
Total Assets
APP
APP
CR
CR
Q1 26
$4.1B
Q4 25
$7.3B
$3.9B
Q3 25
$6.3B
$2.5B
Q2 25
$6.0B
$2.5B
Q1 25
$5.7B
$2.6B
Q4 24
$5.9B
$2.6B
Q3 24
$5.4B
$2.7B
Q2 24
$5.3B
$2.5B
Debt / Equity
APP
APP
CR
CR
Q1 26
0.57×
Q4 25
1.65×
0.56×
Q3 25
Q2 25
Q1 25
Q4 24
3.22×
0.15×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APP
APP
CR
CR
Operating Cash FlowLast quarter
$1.3B
Free Cash FlowOCF − Capex
$-40.2M
FCF MarginFCF / Revenue
-5.8%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters
$361.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APP
APP
CR
CR
Q1 26
Q4 25
$1.3B
$205.8M
Q3 25
$1.1B
$130.2M
Q2 25
$772.2M
$105.0M
Q1 25
$831.7M
$-46.2M
Q4 24
$701.0M
$202.0M
Q3 24
$550.7M
$75.4M
Q2 24
$454.5M
$51.3M
Free Cash Flow
APP
APP
CR
CR
Q1 26
$-40.2M
Q4 25
$196.0M
Q3 25
$116.8M
Q2 25
$88.9M
Q1 25
$-60.4M
Q4 24
$188.2M
Q3 24
$67.3M
Q2 24
$44.6M
FCF Margin
APP
APP
CR
CR
Q1 26
-5.8%
Q4 25
33.7%
Q3 25
19.8%
Q2 25
15.4%
Q1 25
-10.8%
Q4 24
34.6%
Q3 24
12.3%
Q2 24
8.4%
Capex Intensity
APP
APP
CR
CR
Q1 26
1.5%
Q4 25
1.7%
Q3 25
2.3%
Q2 25
2.8%
Q1 25
2.5%
Q4 24
2.5%
Q3 24
1.5%
Q2 24
1.3%
Cash Conversion
APP
APP
CR
CR
Q1 26
Q4 25
1.19×
2.52×
Q3 25
1.26×
1.42×
Q2 25
0.94×
1.22×
Q1 25
1.44×
-0.43×
Q4 24
1.17×
2.49×
Q3 24
1.27×
0.98×
Q2 24
1.47×
0.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APP
APP

Other$673.9M51%
US$659.0M49%

CR
CR

Process Flow Technologies$378.1M54%
Aerospace & Advanced Technologies$318.3M46%

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