applovin corp. - APP

APP

Close Chg Chg %
458.95 -23.04 -5.02%

Closed Market

435.91

-23.04 (5.02%)

Volume: 4.05M

Last Updated:

Mar 24, 2026, 4:00 PM EDT

Company Overview: applovin corp. - APP

APP Key Data

Open

$456.00

Day Range

427.70 - 458.10

52 Week Range

200.50 - 745.61

Market Cap

$154.79B

Shares Outstanding

337.28M

Public Float

223.03M

Beta

2.51

Rev. Per Employee

N/A

P/E Ratio

45.72

EPS

$9.53

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

5.19M

 

APP Performance

1 Week
 
3.74%
 
1 Month
 
5.56%
 
3 Months
 
-35.74%
 
1 Year
 
68.50%
 
5 Years
 
N/A
 

APP Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 32
Full Ratings ➔

About applovin corp. - APP

AppLovin Corp. engages in the development and operation of a mobile marketing platform. It offers AppDiscovery, MAX, Adjust, and SparkLabs. Its software-based platform caters to mobile application developers to improve the marketing and monetization of applications. The company was founded by Andrew Karam, John Krystynak, and Adam Foroughi in 2011 and is headquartered in Palo Alto, CA.

APP At a Glance

Applovin Corp.
1100 Page Mill Road
Palo Alto, California 94304
Phone 1-800-839-9646 Revenue 5.48B
Industry Packaged Software Net Income 3.43B
Sector Technology Services 2025 Sales Growth 16.382%
Fiscal Year-end 12 / 2026 Employees 898
View SEC Filings

APP Valuation

P/E Current 44.071
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 67.126
Price to Sales Ratio 42.043
Price to Book Ratio 106.79
Price to Cash Flow Ratio 58.03
Enterprise Value to EBITDA 52.848
Enterprise Value to Sales 42.236
Total Debt to Enterprise Value 0.015

APP Efficiency

Revenue/Employee 6,103,248.33
Income Per Employee 3,822,624.722
Receivables Turnover 3.012
Total Asset Turnover 0.834

APP Liquidity

Current Ratio 3.322
Quick Ratio 3.322
Cash Ratio 1.865

APP Profitability

Gross Margin 86.859
Operating Margin 76.366
Pretax Margin 72.124
Net Margin 62.633
Return on Assets 52.222
Return on Equity 212.915
Return on Total Capital 60.441
Return on Invested Capital 66.675

APP Capital Structure

Total Debt to Total Equity 166.056
Total Debt to Total Capital 62.414
Total Debt to Total Assets 48.828
Long-Term Debt to Equity 165.402
Long-Term Debt to Total Capital 62.168
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Applovin Corp. - APP

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
3.03B 3.28B 4.71B 5.48B
Sales Growth
+8.36% +8.47% +43.44% +16.38%
Cost of Goods Sold (COGS) incl D&A
1.32B 1.13B 1.24B 720.24M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
547.08M 489.01M 448.68M 194.78M
Depreciation
32.45M 38.86M 36.05M 97.37M
Amortization of Intangibles
514.63M 450.15M 412.63M 97.40M
COGS Growth
+30.82% -14.81% +10.18% -41.97%
Gross Income
1.70B 2.16B 3.47B 4.76B
Gross Income Growth
-4.37% +26.53% +60.81% +37.26%
Gross Profit Margin
+56.31% +65.69% +73.65% +86.86%
2022 2023 2024 2025 5-year trend
SG&A Expense
1.50B 1.51B 1.57B 575.07M
Research & Development
507.61M 592.39M 638.69M 226.51M
Other SG&A
995.89M 912.75M 932.34M 348.56M
SGA Growth
-7.89% +0.11% +4.38% -63.40%
Other Operating Expense
- - - -
-
Unusual Expense
247.95M 7.70M 52.08M 33.49M
EBIT after Unusual Expense
(46.99M) 643.87M 1.85B 4.15B
Non Operating Income/Expense
13.68M 8.03M 20.81M 8.01M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
171.86M 271.33M 289.88M 207.02M
Interest Expense Growth
+99.10% +57.87% +6.84% -28.59%
Gross Interest Expense
171.86M 271.33M 289.88M 207.02M
Interest Capitalized
- - - -
-
Pretax Income
(205.18M) 380.57M 1.58B 3.95B
Pretax Income Growth
-543.04% +285.48% +314.12% +150.82%
Pretax Margin
-6.78% +11.59% +33.47% +72.12%
Income Tax
(12.23M) 23.86M (3.77M) 519.72M
Income Tax - Current - Domestic
88.39M 58.92M 31.26M 266.28M
Income Tax - Current - Foreign
1.55M 47.31M 161.05M 259.75M
Income Tax - Deferred - Domestic
(81.31M) (71.93M) (170.73M) (13.16M)
Income Tax - Deferred - Foreign
(20.86M) (10.44M) (25.34M) 6.84M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- (1.77M) (2.72M) (478.00K)
Consolidated Net Income
(192.95M) 354.94M 1.58B 3.43B
Minority Interest Expense
- - - (201.00K)
-
Net Income
(192.75M) 354.94M 1.58B 3.43B
Net Income Growth
-707.97% +284.15% +344.31% +117.67%
Net Margin Growth
-6.37% +10.81% +33.49% +62.63%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(192.75M) 354.94M 1.58B 3.43B
Preferred Dividends
- - - -
-
Net Income Available to Common
(192.75M) 354.94M 1.58B 3.43B
EPS (Basic)
-0.5187 1.0085 4.6808 10.1326
EPS (Basic) Growth
-713.85% +294.43% +364.13% +116.47%
Basic Shares Outstanding
371.57M 351.95M 336.92M 338.78M
EPS (Diluted)
-0.5187 0.979 4.5345 10.0381
EPS (Diluted) Growth
-713.85% +288.74% +363.18% +121.37%
Diluted Shares Outstanding
371.57M 362.59M 347.81M 341.97M
EBITDA
748.04M 1.14B 2.35B 4.38B
EBITDA Growth
+28.73% +52.48% +105.67% +86.72%
EBITDA Margin
+24.71% +34.74% +49.81% +79.92%

Snapshot

Average Recommendation BUY Average Target Price 654.808
Number of Ratings 32 Current Quarters Estimate 3.413
FY Report Date 03 / 2026 Current Year's Estimate 15.637
Last Quarter’s Earnings 3.24 Median PE on CY Estimate N/A
Year Ago Earnings 9.75 Next Fiscal Year Estimate 20.609
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 20 19 25 23
Mean Estimate 3.41 3.63 15.64 20.61
High Estimates 3.65 3.95 17.62 23.75
Low Estimate 2.99 3.22 13.73 17.70
Coefficient of Variance 4.86 5.17 5.52 7.88

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 24 24 22
OVERWEIGHT 3 2 5
HOLD 5 5 5
UNDERWEIGHT 0 0 1
SELL 0 0 1
MEAN Buy Buy Overweight

Insider Actions for Applovin Corp. - APP

Date Name Shares Transaction Value
Apr 18, 2025 Barbara H. Messing Director 10,290 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 18, 2025 Alyssa Harvey Dawson Director 6,801 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Applovin Corp. in the News