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Earnings Per Share
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the computation of basic and diluted net income (loss) per share attributable to common stockholders (in thousands, except share and per share data):
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Basic EPS
Numerator:
Net income (loss) attributable to AppLovin$(21,748)$14,423 $(137,005)$3,902 
Less:
Income attributable to convertible preferred stock— $(902)— $(731)
Income attributable to options exercised by promissory notes— $(140)— $(55)
Income attributable to unvested early exercised options— $(61)— $(12)
Income attributable to unvested RSA’s— $(25)— $(9)
Net income (loss) attributable to common stock$(21,748)$13,295 $(137,005)$3,095 
Denominator:
Weighted average common shares used to compute net income (loss) per share attributable to common stock, basic373,912,724 335,619,207 372,932,509 279,326,624 
Net income (loss) per share attributable to common stock, basic$(0.06)$0.04 $(0.37)$0.01 
Diluted EPS
Numerator:
Net income (loss) attributable to AppLovin$(21,748)$14,423 $(137,005)$3,902 
Less:
Income attributable to convertible preferred stock— $(859)— $(693)
Income attributable to options exercises by promissory notes— $(132)— $(53)
Income attributable to unvested early exercised options— $(59)— $(11)
Income attributable to unvested RSA's— $(24)— $(8)
Net income (loss) attributable to common stock$(21,748)$13,349 $(137,005)$3,137 
Denominator:
Weighted-average shares used in computing net income (loss) per share: Basic373,912,724 335,619,207 372,932,509 279,326,624 
Weighted-average dilutive stock options, RSUs, and convertible security— 18,238,607 — 19,179,641 
Weighted-average shares used in computing net income (loss) per share: Diluted373,912,724 353,857,814 372,932,509 298,506,265 
Net income (loss) per share attributable to common stock: Diluted$(0.06)$0.04 $(0.37)$0.01 
The following table presents the forms of antidilutive potential common shares:
As of June 30,
20222021
Stock options exercised for promissory notes1,774,999 3,484,999 
Shares issuable upon conversion of Athena convertible security— 616,003 
Early exercised stock options512,249 1,291,975 
Unvested RSAs60,579 512,613 
Stock options13,196,979 35,250 
Unvested RSUs9,316,138 — 
ESPP432,845 226,156 
Total antidilutive potential common shares25,293,789 6,166,996