AppLovin Corporation (APP)
NASDAQ: APP · Real-Time Price · USD
351.52
+79.77 (29.35%)
Nov 5, 2026, 11:05 AM EST - Market open

AppLovin Ratios and Metrics

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Nov '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
117,636173,086134,237227,721243,046118,46290,079108,67543,63627,38122,80213,38213,8988,9525,9283,9147,22313,02020,69735,27426,947
Market Cap Growth (YoY)
-44.98%46.11%49.02%109.54%456.98%332.65%295.04%712.12%213.98%205.87%284.63%241.90%92.41%-31.25%-71.36%-88.90%-73.19%-52.50%---
Enterprise Value
118,098173,841135,417229,850245,552121,83493,050111,61746,69330,47025,64216,23616,28110,9688,1976,2569,56414,90822,53836,05927,606
Last Close Price
271.75515.23398.00673.82718.54350.08264.97323.83130.5583.2269.2239.8539.9625.7315.7510.5319.4934.4455.0794.2672.37

Price Ratios

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Nov '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
27.0339.2533.8868.3285.8948.7846.9468.9037.9433.2438.4037.72133.84455.37---84.81--1132.69-1703.24
Forward PE
18.7829.6725.2950.3961.0038.5940.0958.5433.3525.7028.1428.3736.2867.9451.8641.8722.7042.7130.8857.5559.09
PS Ratio
13.3225.3521.7841.5550.4027.8624.3233.7113.738.547.034.084.583.112.041.392.484.467.3512.6310.74
PB Ratio
28.8154.7256.80106.68164.90101.50156.5499.7246.5133.6030.0010.6512.685.903.122.063.846.8310.2816.5013.15
P/TBV Ratio
70.56134.30284.741150.27-----------------
P/FCF Ratio
20.0938.2330.2456.7171.4340.8542.5066.0834.01-19.6312.6615.7810.468.099.5021.6645.92-97.8671.74
P/OCF Ratio
20.0938.2330.2456.7171.4340.8542.5066.0833.89-19.5612.6115.7810.468.099.4821.5945.74-97.4871.48
PEG Ratio
0.470.800.680.941.250.722.002.341.001.291.411.421.813.401.100.800.380.671.672.881.95

EV Ratios

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Nov '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
EV/Sales Ratio
13.3825.4621.9741.9450.9228.6525.1234.6214.699.507.904.955.373.812.822.223.295.108.0112.9111.00
EV/EBITDA Ratio
16.8832.1227.7853.8067.6839.5235.9650.9224.4018.4118.1514.4219.4914.7311.6811.8615.4726.3343.9960.3353.47
EV/EBIT Ratio
17.2832.8728.5055.3670.0641.1638.9858.4130.0625.2826.9324.9944.7347.4252.81-167.68302.16-216.34267.68
EV/FCF Ratio
20.1938.4030.5057.2472.1642.0143.9167.8736.39-22.0815.3618.4912.8211.1915.1828.6852.58-100.0473.49

Financial Efficiency

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Nov '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Debt / Equity Ratio
1.111.111.491.722.583.176.823.263.744.324.642.532.912.151.721.761.751.731.641.570.90
Debt / EBITDA Ratio
0.650.580.600.700.850.941.121.341.551.781.852.072.553.204.229.263.633.8033.464.522.69
Debt / FCF Ratio
0.780.780.790.911.121.271.852.162.74-3.043.013.623.824.478.149.8511.61-9.334.90
Net Debt / Equity Ratio
0.150.150.320.551.452.155.862.623.143.754.062.132.601.571.061.191.241.230.940.860.38
Net Debt / EBITDA Ratio
0.090.090.160.280.590.811.301.301.541.852.192.383.423.202.874.303.794.143.693.081.52
Net Debt / FCF Ratio
0.100.100.170.290.630.861.591.742.29-2.662.533.242.792.755.517.028.267.085.112.09
Asset Turnover
0.960.960.920.840.820.760.680.570.610.600.580.330.560.510.480.470.560.560.640.67-
Quick Ratio
4.174.173.163.233.052.541.511.872.252.101.931.541.472.623.063.092.962.552.673.182.58
Current Ratio
4.304.303.243.323.252.741.682.192.412.282.111.711.622.873.313.353.362.822.935.052.85
Return on Equity (ROE)
203.69%203.69%266.44%212.94%242.70%254.76%307.53%135.50%114.62%72.14%46.68%28.98%7.05%1.17%-4.20%-9.55%-4.17%-5.41%-7.37%3.57%-
Return on Assets (ROA)
46.46%46.46%44.28%39.53%37.18%32.95%27.20%21.27%18.58%14.01%10.64%8.62%4.20%2.53%1.61%-0.20%0.69%0.59%0.58%2.50%-
Return on Invested Capital (ROIC)
132.73%122.63%114.75%99.30%83.18%72.21%57.77%45.96%36.85%29.16%22.66%15.24%8.37%5.16%0.78%-3.54%-1.92%-3.50%-0.15%4.38%2.03%
Return on Capital Employed (ROCE)
75.40%75.40%76.50%70.10%66.50%60.80%55.50%39.70%33.30%26.50%21.20%14.70%8.70%4.70%2.90%-0.40%1.10%0.90%0.80%3.00%2.60%

Yields

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Nov '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Earnings Yield
3.70%2.55%2.95%1.46%1.17%2.05%2.13%1.45%2.64%3.02%2.62%2.67%0.76%0.22%-1.38%-4.92%-1.13%-0.81%-0.34%0.10%-0.06%
FCF Yield
4.98%2.62%3.31%1.76%1.40%2.45%2.35%1.51%2.94%-5.09%7.90%6.34%9.56%12.36%10.53%4.62%2.18%1.29%1.02%1.39%
Buyback Yield / Dilution
1.81%1.51%1.78%1.88%2.08%1.66%1.09%0.31%2.43%5.02%6.56%6.35%5.70%2.02%-0.32%4.44%1.52%-5.67%-67.25%-75.90%-79.06%
SEC Filings: 10-K · 10-Q