APP vs PINS
AppLovin Corp. and Pinterest, Inc., side by side — 7 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | APP | PINS |
|---|---|---|
| Revenue | $5.5B | $4.2B |
| Net income | $3.3B | $416.9M |
| Gross margin | 87.9% | 80.1% |
| Net margin | 60.8% | 9.9% |
| Return on equity | 206.8% | 8.8% |
| Diluted EPS | $9.75 | $0.61 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | · | $1.3B |
| Equity | $2.1B | $4.7B |
| Net debt / equity | 0.48× | · |
| Current ratio | 3.32× | 7.64× |
| Revenue CAGR 5y | 30.4% | 20.1% |
| Profit CAGR 5y | · | · |
APP bills 1.3× the revenue of PINS, and keeps more of each dollar of revenue as profit (60.8% against 9.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
7 years side by side
| Fiscal year | APP | PINS |
|---|---|---|
| FY2025 | $5.5B | $4.2B |
| FY2024 | $3.2B | $3.6B |
| FY2023 | $1.8B | $3.1B |
| FY2022 | $2.8B | $2.8B |
| FY2021 | $2.8B | $2.6B |
| FY2020 | $1.5B | $1.7B |
| FY2019 | $994.1M | $1.1B |
Bottom line
| Fiscal year | APP | PINS |
|---|---|---|
| FY2025 | $3.3B | $416.9M |
| FY2024 | $1.6B | $1.9B |
| FY2023 | $356.7M | $-35.6M |
| FY2022 | $-192.7M | $-96.0M |
| FY2021 | $35.4M | $316.4M |
| FY2020 | $-125.2M | $-128.3M |
| FY2019 | $119.0M | $-1.4B |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$1,258,950,000 | APP |
| FY2024 | −$422,108,000 | PINS |
| FY2023 | −$1,213,309,000 | PINS |
| FY2022 | +$14,484,000 | APP |
| FY2021 | +$215,077,000 | APP |
| FY2020 | −$241,572,000 | PINS |
| FY2019 | −$148,657,000 | PINS |
The higher-revenue side has changed between APP and PINS over this period. The gap has widened since the earliest year compared.
7 of 9 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +51.0 pp | APP |
| FY2024 | −2.1 pp | PINS |
| FY2023 | +20.5 pp | APP |
| FY2022 | −3.4 pp | PINS |
| FY2021 | −11.0 pp | PINS |
| FY2020 | −1.1 pp | PINS |
| FY2019 | +131.1 pp | APP |
The higher net margin has changed hands between APP and PINS over this period.
7 of 9 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PINS's net margin has been more volatile than APP's over the 7 comparable fiscal years — 48.8 percentage points of standard deviation against 25.2.
7 of 9 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between APP and PINS over these 7 fiscal years — APP led in 3 and PINS in 4.
7 of 9 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
APP's return on equity has been more volatile than PINS's over the 4 comparable fiscal years — 86.7 percentage points of standard deviation against 20.4.
4 of 6 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between APP and PINS over these 4 fiscal years — APP led in 3 and PINS in 1.
4 of 6 comparable fiscal years — a year missing data on either side is not counted.