AppLovin used to be the channel you dabbled in. Now, for a lot of mobile-first and DTC brands, it's a real line item, sometimes bigger than TikTok. The problem is your reporting stack didn't grow up with it.

If you're scaling AppLovin (install campaigns, in-app UA, IAP-driven acquisition) you've probably noticed you can tie Meta and Google spend to Shopify or Amazon revenue without much drama. AppLovin is a different story. Its own dashboard tells you installs, IAP events, maybe a rough ROAS on its own terms. It doesn't tell you blended ROAS against total store revenue, and it definitely doesn't touch margin.