🇺🇸 US Stock Screener ← Switch market ★ Elite Club ⚡ HerAI

AppLovin Corporation APP NDXSPXAI

Communication Services · Advertising Agencies · United States
https://www.applovin.com
Company Profile ↓
$448.98
+26.15% 1Y
Mkt Cap$137.27B
P/E39.11
P/B70.68
52W High$733.60
52W Low$350.00
Book Value$7.03
EPS (TTM)$11.48

Company Overview

AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally. It operates through two segments, Advertising and Apps. The company offers Axon Ads Manager, a suite of marketing solutions that enables developers to automate, optimize, and manage marketing efforts; MAX, an in-app bidding technology that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform; and Wurl, a connected TV platform, which distributes streaming video for content companies, provides advertising and publishing solutions. It serves individuals, small and independent businesses, enterprises, advertisers and advertising networks, mobile app publishers, and indie studio developers. The company was incorporated in 2011 and is headquartered in Palo Alto, California.

Why Investors Should Care

Healthy Capital Returns

Return on capital employed stands at 70.2%.

Consistent Profit Growth

Net profit has compounded at 609.9% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 24.8% CAGR over the past five years.

Healthy Margins

Maintains a net profit margin of 64.3%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $5.48B (+70.0% YoY); net profit $3.33B.
  • Trailing 12 Months Year-on-year growth — revenue +59.0%, earnings +113.1%.
  • 5-Year Trend Long-term compounding — revenue CAGR 24.8%, profit CAGR 609.9%.

Growth & Price Performance

Compounded Sales Growth

5 Years:24.84%
1 Year:59.00%

Compounded Profit Growth

5 Years:609.87%
1 Year:113.10%

Stock Price Performance

1 Year:+26.15%
6 Months:-30.68%
3 Months:+7.55%
1 Month:-6.18%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI AI AdTech
Core Focus

AXON 2.0 ML ad-targeting engine drove dramatic monetization uplift; e-commerce expansion.

Key Initiatives
  • AXON AI advertising engine AppLovin's AXON machine-learning engine powers its mobile-advertising recommendation and bidding — the core driver of its surging, high-margin ad revenue.
  • AI-driven ad optimisation Continuous model improvement lifts advertiser ROI and AppLovin's take-rate, with expansion into e-commerce advertising.
  • Self-service AI ad tools AXON Ads Manager automates campaign creation, optimisation and management for advertisers.
Why Investors Should Care
  • AI is the product — AXON drives exceptional profitability (net margin ~64%, operating margin ~78%).
  • Explosive ~6x five-year profit growth and strong free cash flow.
  • Expansion beyond gaming into e-commerce ads is a large optionality leg.
  • Very high beta (~2.5) and rich valuation; reliance on the AXON model is concentration risk.
AI InvestmentAXON model investment + agentic-ad pilots.
AI RevenueSoftware platform revenue >$3B; growing >70%.
ROI (Now)Operating margin >55%; among best in software.
ROI (Expected)Web/e-commerce + connected TV expansion.

Curated from public filings and analyst commentary; figures are illustrative.

⚙Ad space

Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Healthy ROCE of 70.2%.
  • Excellent profit margin of 64.3%.
  • Compounding revenue at 24.8% over 5 years.
  • Profit CAGR of 609.9% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading 38.8% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

⚙Ad space

Valuation

Stock P/E
39.11
Industry PE
22.30
Forward P/E
20.48
PEG Ratio
1.37
Book Value
$7.03
Price to Book
70.68
P/S
27.07
EV/EBITDA
34.48
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
24.84%
Profit 5Y
609.87%
Revenue (YoY)
59.00%
Earnings (YoY)
113.10%

Profitability & Returns

ROCE
70.20%
ROE
-
ROA
44.24%
Profit Margin
64.29%
Op Margin
78.15%
Gross Margin
88.37%
EPS (Latest Qtr)
$3.56
EPS (TTM)
$11.48

Balance Sheet & Liquidity

Debt/Equity
1.63
Quick Ratio
3.16
Current Ratio
3.24
Debt
$3.85B
Total Assets
$7.71B
Current Assets
$4.85B
Working Capital
$3.10B

Ownership

Promoter Holding
14.32%
Chg in Prom Hold
-3.98%
FII / Inst Holding
74.56%
Chg in FII Hold
-0.47%

Financial Snapshot

Enterprise Value
$137.27B
Total Revenue (TTM)
$6.16B
EBITDA
$4.87B
Free Cash Flow
$3.18B
Operating Cash Flow
$4.44B
Shares Outstanding
305.73M
Gross Margin
88.37%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Communication Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 APP AppLovin Corporation NDXSPXAI 448.98 39.11 $137.27B 0.00% 70.20% - 24.84% 609.87%
2 GOOGL Alphabet Inc. NDXSPXAI 359.51 27.46 $2.11T 0.24% 26.20% 38.88% 17.96% 21.53%
3 META Meta Platforms, Inc. NDXSPXAI 661.04 24.04 $1.45T 0.37% 25.69% 32.93% 36.10% 35.91%
4 NFLX Netflix, Inc. NDXSPXAI 73.53 23.72 $309.62B 0.00% 29.87% 48.49% 22.30% 32.79%
5 TMUS T-Mobile US, Inc. NDXSPX 187.13 19.87 $202.51B 2.16% 9.39% 18.02% 22.63% 28.77%
6 VZ Verizon Communications Inc. SPX 42.47 10.36 $177.34B 6.65% 8.59% 17.20% 0.33% -6.86%
7 DIS The Walt Disney Company SPX 95.87 15.34 $166.48B 1.50% 10.74% 11.01% 6.96% 4.12%
8 T AT&T Inc. SPX 21.28 7.00 $147.86B 4.71% 6.59% 18.37% 0.31% 3.44%
9 SPOT Spotify Technology S.A. AI 481.06 32.39 $98.92B 0.00% 24.61% 37.99% 13.59% -
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 260.18M299.33M381.74M603.88M668.81M726.95M625.42M776.23M713.10M715.40M750.16M864.26M1.06B711.01M-1.16B1.26B1.41B1.66B1.84B
Cost of Revenue ---------------151.68M155.08M174.85M183.53M203.63M
Gross Profit ---------------1.01B1.10B1.23B1.47B1.64B
Operating Expenses ---------------167.31M146.00M151.18M199.17M198.88M
Operating Income 25.14M-6.76M-75.46M11.46M34.98M45.05M-127.99M53.35M49.27M61.05M131.33M186.32M339.56M384.42M-839.98M957.68M1.08B1.28B1.44B
EBITDA ---------------927.38M982.47M1.11B1.34B1.52B
Interest Expense ---------------52.89M51.41M51.43M51.29M51.16M
Pretax Income ---------------794.61M884.00M1.02B1.25B1.43B
Tax Provision ---------------71.07M112.15M185.40M151.10M225.79M
Net Income 4.66M-21.39M-89.69M-10.52M14.42M178.00K-115.26M-21.75M23.77M-4.52M80.36M108.64M236.18M309.97M-576.42M819.53M835.54M1.10B1.21B
Diluted EPS 0.01-0.10-0.42-0.050.040.00-0.31-0.060.06-0.010.220.300.670.89-1.672.392.453.243.56
R&D Expense 19.11M29.70M51.14M60.88M77.46M108.52M126.25M141.11M122.06M144.85M137.42M159.29M155.32M99.12M80.78M56.41M44.03M43.85M-94.10M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 994.10M1.45B-2.82B1.84B3.22B5.48B
Cost of Revenue ---1.26B356.61M520.61M665.14M
Gross Profit ---1.56B1.49B2.70B4.82B
Operating Expenses ---1.61B712.74M792.49M663.66M
Operating Income 194.37M-62.04M--47.79M772.41M1.91B4.15B
EBITDA ---513.77M1.26B2.38B4.35B
Interest Expense ---171.86M273.51M317.21M207.02M
Pretax Income ----205.18M501.60M1.61B3.95B
Tax Provision ----12.23M43.78M22.42M519.72M
Net Income 119.04M-125.19M--192.75M357.21M1.58B3.33B
Diluted EPS 0.36-0.58--0.520.984.539.75
R&D Expense 44.97M180.65M366.40M507.61M333.78M374.71M226.51M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --2.15B-5.85B5.36B5.87B7.26B
Current Assets ----1.94B1.62B2.31B4.43B
Cash & Equivalents --317.24M-1.08B502.15M697.03M2.49B
Inventory --------
Receivables ----702.81M953.81M1.28B1.82B
Total Liabilities --2.31B-3.95B4.10B4.78B5.12B
Current Liabilities --598.05M-578.96M944.12M1.06B1.33B
Long Term Debt --1.58B-3.18B2.91B3.51B3.51B
Total Debt ----3.28B3.18B3.55B3.54B
Total Equity -378.36M-256.57M-158.54M-1.90B1.26B1.09B2.13B
Shares Outstanding ----373.87M339.89M340.04M338.31M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 198.46M222.88M-412.77M1.06B2.10B3.97B
Investing Cash Flow -411.55M-679.89M--1.37B-77.83M-106.75M358.43M
Financing Cash Flow 333.16M377.86M--526.85M-1.56B-1.75B-2.59B
Capital Expenditure -3.36M-3.24M--662.00K-63.90M-25.55M-28.32M
Free Cash Flow 195.10M219.64M-412.11M997.61M2.07B3.94B
Net Change in Cash ----1.49B-579.11M242.41M1.78B
Share Buybacks 11.00K1.77M0338.88M1.15B981.30M2.19B

Ratios (Annual)

Figures in %.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ---55.4%80.6%83.9%87.9%
Operating Margin % 19.6%-4.3%--1.7%41.9%59.3%75.8%
Net Margin % 12.0%-8.6%--6.8%19.4%49.0%60.8%
ROE % -46.4%79.0%--10.1%28.4%145.0%156.2%
ROCE % --4.0%--0.9%17.5%39.7%70.1%

Shareholding Pattern

Insiders
14.32%
Institutions
74.56%
Public Float
87.02%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 7.73% 23.64M $12.49B
2 Vanguard Capital Management LLC 5.48% 16.75M $8.85B
3 FMR, LLC 5.13% 15.69M $8.29B
4 State Street Corporation 3.85% 11.77M $6.22B
5 Geode Capital Management, LLC 2.38% 7.29M $3.85B
6 BAILLIE GIFFORD & CO 2.19% 6.70M $3.54B
7 Vanguard Portfolio Management LLC 1.94% 5.94M $3.14B
8 Morgan Stanley 1.83% 5.60M $2.96B
9 Price (T.Rowe) Associates Inc 1.78% 5.43M $2.87B
10 WCM Investment Management, LLC 1.64% 5.00M $2.64B

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for APP

Yahoo Finance ue, 14 Jul 2026

Is It Too Late to Buy AppLovin After a 1,428% Run in 3 Years?

AppLovin has already minted fortunes for early believers, but a brutal year-to-date selloff and a corporate transformation have created a very different stock than the one that went parabolic. Whether that spells opportunity or a trap depen…

Yahoo Finance ue, 14 Jul 2026

Is AppLovin Stock's Big Bet Beyond Gaming a Smart Buy?

After dominating mobile game advertising, the company is pushing its AI platform into new markets, forcing investors to weigh proven performance against the risks of a major strategic pivot.

Yahoo Finance ue, 14 Jul 2026

Stock Market News for July 14, 2026

Wall Street closed lower on Monday as rising oil prices and escalating U.S.-Iran tensions pressured market sentiment.

Yahoo Finance ue, 14 Jul 2026

AppLovin (APP) Sinks 12.6%: Here’s Why Investors Are Selling

AppLovin Corp. (NASDAQ:APP) is one of the 10 Stocks Investors Are Running Away From. AppLovin extended its losing streak to a 5th consecutive day on Monday, slashing 12.65 percent to end at $442.85 apiece, as investors resumed selling posit…

Yahoo Finance ue, 14 Jul 2026

AppLovin (APP) Stock Looks Like A Bargain On Its 15x Run

AppLovin stock has swung sharply in recent trading, yet the broad valuation checks still lean in its favor, creating a clear tension between a volatile share price and what the numbers suggest about value. AppLovin has delivered a very larg…

Yahoo Finance Mon, 13 Jul 2026

Review & Preview: Summer Doldrums

It’s not Christmas in July, but investors are seeing red. Stocks struggled to start the week between renewed hostilities in the on-again, off-again war in Iran and a lack of support from artificial intelligence and tech stocks. The Dow Jo…

APP — Frequently Asked Questions

What is the current share price of AppLovin Corporation (APP)?

As of 2026-07-14 21:23 PDT, AppLovin Corporation (APP) trades at $448.98 on NasdaqGS. Its 52-week range is $350.00 to $733.60.

What is the market capitalisation of APP?

AppLovin Corporation (APP) has a market capitalisation of $137.27B on NasdaqGS.

What is the P/E ratio of APP?

APP trades at a trailing price-to-earnings (P/E) ratio of 39.11. The industry average P/E is 22.30. Its price-to-book (P/B) ratio is 70.68.

Is APP a good stock to buy?

This page provides a data-driven analysis of AppLovin Corporation (APP), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

Explore More

📊 Communication Services Sector 🔍 All Stock Screens 📈 Technical Screens 💰 Fundamental Screens 🔄 Swing Trading Setups 📐 Chart Patterns 📅 Earnings Calendar 📋 All USA Stocks
⚙Ad space