Highlights and achievements for fiscal year 2025
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- Delivered record high revenue of JPY 43.7 billion, up 28% YoY. (JPY 45.0 billion, up 32% YoY on an FX neutral basis)
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- Substantial growth in E-commerce (49% YoY) and Other Internet
Services (59% YoY) led by the Travel sector, reflects dual engine
growth, driving high revenue quality
-
- All key regions demonstrate strong growth. NEA and US & EMEA both achieved 36% YoY revenue growth on an FX-neutral basis
-
- Profitability improved consistently, operating profit hit a record
JPY 3.0 billion, up 50% YoY with a 6.8% margin (JPY 3.8 billion with an
8.5% margin on an FX-neutral basis)
-
- Gross profit achieved 32% YoY rise, driven by revenue scale, technology differentiations and a high-margin product mix
-
- Q4 FY25 revenue growth accelerated to 34% (up from 26% in Q3),
reached the highest level in the past 9 quarters, fueled by a strong
E-commerce peak season
Guidance for fiscal year 2026
- - Core organic growth is expected to accelerate, with revenue
projected to JPY 54 billion, up 24% YoY, driven by Agentic AI
advancement and dual-engine market penetration
-
- Gross profit expected to grow 25% YoY to JPY 29.4 billion, with
54.5% gross margin, propelled by sustained technology-led efficiency and
margin expansion
-
- Operating income is expected to grow 45% YoY to JPY 4.3 billion
(8.0% margin) and EBITDA to grow 37% YoY to JPY 9.4 billion (17.4%
margin)
-
- Proven track record in leading enterprise-wide transformations,
transitioning from legacy software and manual workflows to a future of
Agentic AI-driven operational excellence
Scaling new heights: A landmark year of Agentic AI–led growth acceleration
TAIPEI, TAIWAN -
Media OutReach Newswire
- 13 February 2026 - Appier Group Inc. (TSE: 4180), hereafter referred
to as "Appier," today announced its financial results for the fiscal
year ended December 31, 2025, and issued guidance for FY26. The company
achieved record revenue of JPY 43.7 billion, a 28% YoY increase (JPY
45.0 billion, up 32% YoY on an FX-neutral basis). This stellar
performance was fueled by dual growth engines: core E-commerce grew 49%
YoY, and Other Internet Services surged 59% YoY, led by the Travel
sector. Since FY19, Appier has delivered a sixfold surge in total
revenue, a record performance anchored by consistent expansion in
incremental revenue.
Profitability surged to a record high, with operating income growing 50%
YoY to JPY 3.0 billion, representing a 6.8% operating margin (JPY 3.8
billion with an 8.5% margin on an FX-neutral basis). Gross profit
outpaced revenue growth, reaching a historical high of JPY 23.5 billion,
up 32% YoY. Gross margin climbed to 53.8% (53.9% FX-neutral), bolstered
by increased revenue scale, technological differentiation, and a
high-margin product mix. This upward trajectory underscores Appier's
ability to scale customer value while driving operational leverage.
Balanced regional expansion and deepening vertical penetration drive quality growth
In FY25, all key regions delivered strong growth. Northeast Asia (68%)
and the U.S. & EMEA (19%) both achieved 36% YoY growth (FX-neutral).
NEA was supported by balanced expansion in E-commerce and continued
vertical diversification, while the U.S. & EMEA benefited from solid
momentum across E-commerce and Other Internet Services. Together, this
regional strength and deeper vertical penetration reflect the effective
scaling of Agentic AI-first strategy, driving sustained, high-quality,
and resilient growth.
Revenue growth remains balanced, with 56% of incremental revenue driven
by ROI-led upsells to existing E-commerce customers and 44% fueled by
new customers, primarily from Online Travel. By leveraging Agentic AI to
secure large enterprise catalysts, Appier delivered 13% YoY growth in
both its customer base and FX-neutral ARPC. This strategic focus—coupled
with disciplined OPEX—drove operating leverage. Furthermore, the
operational productivity surged, driven by a 23% YoY growth in gross
profit per headcount.
Entering FY26 with strong profitable momentum
Appier projects revenue growth to reaccelerate in FY26, with organic
revenue expected to outpace total growth, driven by our dual-vertical
growth engines. Forecasting revenue to reach JPY 54 billion, up 24% YoY
and gross profit to hit JPY 29.4 billion, up 25% YoY, with a 54.5%
margin. This optimistic outlook is anchored by a Q4 FY25 inflection
point, where revenue growth surged to 34%, validating Appier's strategic
focus on key accounts and high-growth verticals. Operating income is
projected to rise 45% YoY to JPY 4.3 billion, while EBITDA is expected
to grow 37% YoY to JPY 9.4 billion—representing a 17.4% margin fueled by
disciplined investment and operational leverage.
"2025 marks a defining year for Appier as we evolve into a global leader
in Agentic AI as a Service. Our record profitability and consistent
customer wins validate the strong momentum heading into FY26," said
Chih-Han Yu, CEO and Co-founder of Appier. "By combining differentiated
Agentic AI with deep domain expertise, we have moved beyond single-point
solutions to deploy coordinated multi-agent intelligence that delivers
trusted, enterprise-grade performance. We are transforming our
organization and customers' workflows, replacing legacy software and
manual processes with an autonomous, AI-led execution engine while
scaling a highly efficient foundation for long-term, profitable growth.
Agentic AI empowers dual success of customer ROI and profitable growth
Appier's Agentic AI competitive edge stems from a unique combination of
proprietary data and vertical-specific and customer-centric AI models.
This foundation empowers it to develop domain-specific agents that help
leading organizations transition from traditional software to
autonomous, ROI-driven Agentic workflows. The company's AI capabilities
also enable it to rapidly build Agentic AI models that adapt to customer
workflows at enterprise level to drive broader market penetration and
strengthen customer stickiness.
Powered by a world class Generative AI research team, Appier's Agentic
AI platform goes beyond conventional automation through proprietary LLM
calibration and self-aware reasoning. This foundation of Trustworthy AI
accelerates deployment, autonomously self-corrects, and delivers
enterprise-grade safeguards, superior cost efficiency, and the
reliability required for large-scale production. Together, these
strengths position Appier to lead the next era of enterprise AI—turning
autonomous intelligence into measurable, scalable business impact for
customers worldwide.
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