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

AppLovin Corp is the larger business by last-quarter revenue ($1.3B vs $724.2M, roughly 1.8× IAMGOLD CORP).

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.

Iamgold Corporation is a Canadian company that owns and operates gold mines in Burkina Faso and Canada. Headquartered in Toronto, the company was incorporated in 1990, and went public on the Toronto Stock Exchange in 1996, with additional shares being listed on the New York Stock Exchange beginning in 2005. The company formerly owned or had stakes in the Sadiola and Yatela gold mines in Mali, the Mupane gold mine in Botswana, the Niobec niobium mine in Quebec, as well as a royalty in the Diav...

APP vs IAG — Head-to-Head

Bigger by revenue
APP
APP
1.8× larger
APP
$1.3B
$724.2M
IAG

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
APP
APP
IAG
IAG
Revenue
$1.3B
$724.2M
Net Profit
$1.1B
Gross Margin
95.2%
35.4%
Operating Margin
Net Margin
82.7%
Revenue YoY
-2.9%
Net Profit YoY
84.0%
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
IAG
IAG
Q4 25
$1.3B
Q3 25
$1.4B
Q2 25
$1.3B
$724.2M
Q1 25
$1.5B
$338.9M
Q4 24
$1.4B
Q3 24
$1.2B
Q2 24
$1.1B
$465.0M
Q1 24
$1.1B
$226.2M
Net Profit
APP
APP
IAG
IAG
Q4 25
$1.1B
Q3 25
$835.5M
Q2 25
$819.5M
Q1 25
$576.4M
Q4 24
$599.2M
Q3 24
$434.4M
Q2 24
$310.0M
Q1 24
$236.2M
Gross Margin
APP
APP
IAG
IAG
Q4 25
95.2%
Q3 25
87.6%
Q2 25
87.7%
35.4%
Q1 25
81.7%
31.2%
Q4 24
76.7%
Q3 24
77.5%
Q2 24
73.8%
15.0%
Q1 24
72.2%
19.1%
Operating Margin
APP
APP
IAG
IAG
Q4 25
Q3 25
76.8%
Q2 25
76.1%
Q1 25
44.7%
Q4 24
44.3%
Q3 24
44.6%
Q2 24
36.2%
Q1 24
32.1%
Net Margin
APP
APP
IAG
IAG
Q4 25
82.7%
Q3 25
59.5%
Q2 25
65.1%
Q1 25
38.8%
Q4 24
43.6%
Q3 24
36.3%
Q2 24
28.7%
Q1 24
22.3%
EPS (diluted)
APP
APP
IAG
IAG
Q4 25
$3.24
Q3 25
$2.45
Q2 25
$2.39
Q1 25
$1.67
Q4 24
$1.72
Q3 24
$1.25
Q2 24
$0.89
Q1 24
$0.67

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APP
APP
IAG
IAG
Q4 25
$2.5B
Q3 25
$1.7B
Q2 25
$1.2B
Q1 25
$551.0M
Q4 24
$741.4M
Q3 24
$567.6M
Q2 24
$460.4M
Q1 24
$436.3M
Total Debt
APP
APP
IAG
IAG
Q4 25
$3.5B
Q3 25
Q2 25
Q1 25
Q4 24
$3.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
APP
APP
IAG
IAG
Q4 25
$2.1B
Q3 25
$1.5B
Q2 25
$1.2B
Q1 25
$575.4M
Q4 24
$1.1B
Q3 24
$938.2M
Q2 24
$814.8M
Q1 24
$760.2M
Total Assets
APP
APP
IAG
IAG
Q4 25
$7.3B
Q3 25
$6.3B
Q2 25
$6.0B
Q1 25
$5.7B
Q4 24
$5.9B
Q3 24
$5.4B
Q2 24
$5.3B
Q1 24
$5.3B
Debt / Equity
APP
APP
IAG
IAG
Q4 25
1.65×
Q3 25
Q2 25
Q1 25
Q4 24
3.22×
Q3 24
Q2 24
Q1 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
IAG
IAG
Operating Cash FlowLast quarter
$1.3B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APP
APP
IAG
IAG
Q4 25
$1.3B
Q3 25
$1.1B
Q2 25
$772.2M
Q1 25
$831.7M
Q4 24
$701.0M
Q3 24
$550.7M
Q2 24
$454.5M
Q1 24
$392.8M
Cash Conversion
APP
APP
IAG
IAG
Q4 25
1.19×
Q3 25
1.26×
Q2 25
0.94×
Q1 25
1.44×
Q4 24
1.17×
Q3 24
1.27×
Q2 24
1.47×
Q1 24
1.66×

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%

IAG
IAG

Segment breakdown not available.

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