APP vs ZM
AppLovin Corp. and Zoom Communications, Inc., side by side — 7 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | APP | ZM |
|---|---|---|
| Revenue | $5.5B | $4.9B |
| Net income | $3.3B | $1.9B |
| Gross margin | 87.9% | 77.0% |
| Net margin | 60.8% | 39.0% |
| Return on equity | 206.8% | 20.3% |
| Diluted EPS | $9.75 | $6.18 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | · | $1.9B |
| Equity | $2.1B | $9.8B |
| Net debt / equity | 0.48× | · |
| Current ratio | 3.32× | 4.33× |
| Revenue CAGR 5y | 30.4% | 12.9% |
| Profit CAGR 5y | · | 23.1% |
APP and ZM book revenue within 15% of each other, and keeps more of each dollar of revenue as profit (60.8% against 39.0%).
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 | ZM |
|---|---|---|
| FY2025 | $5.5B | $4.9B |
| FY2024 | $3.2B | $4.7B |
| FY2023 | $1.8B | $4.5B |
| FY2022 | $2.8B | $4.4B |
| FY2021 | $2.8B | $4.1B |
| FY2020 | $1.5B | $2.7B |
| FY2019 | $994.1M | $622.7M |
Bottom line
| Fiscal year | APP | ZM |
|---|---|---|
| FY2025 | $3.3B | $1.9B |
| FY2024 | $1.6B | $1.0B |
| FY2023 | $356.7M | $637.5M |
| FY2022 | $-192.7M | $103.7M |
| FY2021 | $35.4M | $1.4B |
| FY2020 | $-125.2M | $672.3M |
| FY2019 | $119.0M | $25.3M |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$611,948,000 | APP |
| FY2024 | −$1,441,375,000 | ZM |
| FY2023 | −$2,685,462,000 | ZM |
| FY2022 | −$1,575,902,000 | ZM |
| FY2021 | −$1,306,760,000 | ZM |
| FY2020 | −$1,200,282,000 | ZM |
| FY2019 | +$371,446,000 | APP |
The higher-revenue side has changed between APP and ZM 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 | +21.8 pp | APP |
| FY2024 | +27.3 pp | APP |
| FY2023 | +5.3 pp | APP |
| FY2022 | −9.2 pp | ZM |
| FY2021 | −32.3 pp | ZM |
| FY2020 | −34.0 pp | ZM |
| FY2019 | +7.9 pp | APP |
The higher net margin has changed hands between APP and ZM over this period.
7 of 9 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
APP's net margin has been more volatile than ZM's over the 7 comparable fiscal years — 25.2 percentage points of standard deviation against 13.0.
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 ZM over these 7 fiscal years — APP led in 4 and ZM in 3.
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 ZM's over the 4 comparable fiscal years — 86.7 percentage points of standard deviation against 6.6.
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 ZM over these 4 fiscal years — APP led in 3 and ZM in 1.
4 of 6 comparable fiscal years — a year missing data on either side is not counted.