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APP

AppLovin Corporation

Price Chart
Latest Quote

$558.87

-11.96 (-2.10%)
Current Price
Previous Close $570.83
Open $573.00
Day High $587.00
Day Low $554.43
Volume 4,956,259
Fetched: 2026-06-05T01:45:15
Stock Information
Shares Outstanding 305.73M
Total Debt $3.85B
Cash Equivalents $2.76B
Revenue $6.16B
Net Income $3.91B
Sector Communication Services
Industry Advertising Agencies
Market Cap $187.19B
P/E Ratio 48.54
EPS (TTM) $11.48
Exchange NMS
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📊 Comprehensive Analysis
Company Data
Enterprise Value$188.28B
Sales$6.16B
Income$3.91B
Book/sh$7.03
Cash/sh$9.02
Employees876
Financial Ratios
Quick Ratio3.16
Current Ratio3.24
Debt/Eq162.89
EPS Growth TTM109.20%
Returns & Margins
ROA44.24%
ROE266.44%
Gross Margin88.37%
Operating Margin78.15%
Profit Margin64.29%
Ownership
Insider Ownership18.38%
Institutional Ownership75.04%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E25.41
PEG1.54
P/S30.37
P/B79.28
Analyst Data
Recommendationstrong_buy
Target Price$648.10
Technical Indicators
SMA20$524.89
SMA50$471.77
SMA200$540.05
RSI62.44
ATR36.8617
Shares Float241.53M
Short Float4.10%
Short Ratio2.56
Volatility2.46
Rel Volume1.11
Performance History
Week-9.12%
Month+18.85%
Quarter+10.97%
6 Months-15.86%
YTD-9.88%
Year+33.78%
3 Years+2127.91%
5 Years+649.83%
10 Years+754.60%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-05 $557.20 5,543,100
2026-06-04 $558.87 4,960,400
2026-06-03 $570.83 3,456,200
2026-06-02 $605.63 2,717,800
2026-06-01 $613.70 4,303,800
2026-05-29 $613.09 6,243,700
2026-05-28 $599.89 5,836,600
2026-05-27 $567.83 8,276,800
2026-05-26 $514.24 6,750,200
2026-05-22 $481.68 3,822,200
2026-05-21 $485.89 3,203,700
2026-05-20 $482.28 2,936,100
2026-05-19 $476.90 3,302,300
2026-05-18 $492.38 4,471,600
2026-05-15 $501.00 5,352,700
2026-05-14 $485.16 5,963,600
2026-05-13 $453.53 5,615,800
2026-05-12 $490.69 4,690,600
2026-05-11 $478.42 4,568,500
2026-05-08 $468.55 7,766,900
2026-05-07 $498.87 12,597,300
2026-05-06 $468.83 7,943,700
About AppLovin Corporation

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.

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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $665,140,000 $520,613,000 $356,613,000 $1,256,065,000
Cost Of Revenue $665,140,000 $520,613,000 $356,613,000 $1,256,065,000
Total Revenue $5,480,717,000 $3,224,058,000 $1,841,762,000 $2,817,058,000
Operating Revenue $5,480,717,000 $3,224,058,000 $1,841,762,000 $2,817,058,000
Expenses
Interest Expense $207,016,000 $317,209,000 $273,508,000 $171,863,000
Total Expenses $1,328,803,000 $1,313,102,000 $1,069,351,000 $2,864,849,000
Other Income Expense $8,012,000 $18,196,000 $2,699,000 $14,477,000
Other Non Operating Income Expenses $8,012,000 $18,196,000 $2,699,000 $14,477,000
Net Non Operating Interest Income Expense $-207,016,000 $-317,209,000 $-273,508,000 $-171,863,000
Interest Expense Non Operating $207,016,000 $317,209,000 $273,508,000 $171,863,000
Operating Expense $663,663,000 $792,489,000 $712,738,000 $1,608,784,000
Selling And Marketing Expense $203,651,000 $252,863,000 $228,025,000 $919,550,000
General And Administrative Expense $233,502,000 $164,916,000 $150,932,000 $181,627,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $3,433,195,000 $1,589,524,000 $457,826,000 $-192,746,000
Net Interest Income $-207,016,000 $-317,209,000 $-273,508,000 $-171,863,000
Normalized Income $3,433,195,000 $1,589,524,000 $457,826,000 $-192,746,000
Net Income From Continuing And Discontinued Operation $3,333,764,000 $1,579,790,000 $357,211,000 $-192,746,000
Total Operating Income As Reported $4,151,914,000 $1,910,956,000 $772,411,000 $-47,791,000
Average Dilution Earnings $4,000 $85,000 $52,000 $0
Net Income Common Stockholders $3,333,286,000 $1,577,059,000 $354,941,000 $-192,746,000
Net Income $3,333,764,000 $1,579,790,000 $357,211,000 $-192,746,000
Net Income Including Noncontrolling Interests $3,333,764,000 $1,579,790,000 $357,211,000 $-192,947,000
Net Income Discontinuous Operations $-99,431,000 $-9,734,000 $-100,615,000 -
Net Income Continuous Operations $3,433,195,000 $1,589,524,000 $457,826,000 $-192,947,000
Pretax Income $3,952,910,000 $1,611,943,000 $501,602,000 $-205,177,000
Operating Income $4,151,914,000 $1,910,956,000 $772,411,000 $-47,791,000
Gross Profit $4,815,577,000 $2,703,445,000 $1,485,149,000 $1,560,993,000
Special Income Charges - - - $0
Per Share
Diluted EPS $9.75 $4.53 $0.98 $-0.52
Basic EPS $9.84 $4.68 $1.01 $-0.52
Other
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $4,354,704,000 $2,377,832,000 $1,264,118,000 $513,770,000
Reconciled Depreciation $194,778,000 $448,680,000 $489,008,000 $547,084,000
EBITDA (Bullshit earnings) $4,354,704,000 $2,377,832,000 $1,264,118,000 $513,770,000
EBIT $4,159,926,000 $1,929,152,000 $775,110,000 $-33,314,000
Diluted Average Shares $341,970,000 $347,807,555 $362,589,246 $371,568,011
Basic Average Shares $338,781,000 $336,921,483 $351,952,187 $371,568,011
Diluted NI Availto Com Stockholders $3,333,290,000 $1,577,144,000 $354,993,000 $-192,746,000
Otherunder Preferred Stock Dividend $478,000 $2,731,000 $2,270,000 $0
Tax Provision $519,715,000 $22,419,000 $43,776,000 $-12,230,000
Research And Development $226,510,000 $374,710,000 $333,781,000 $507,607,000
Selling General And Administration $437,153,000 $417,779,000 $378,957,000 $1,101,177,000
Other Gand A $233,502,000 $164,916,000 $150,932,000 $181,627,000
Minority Interests - $0 $0 $201,000
Total Unusual Items - - - $0
Total Unusual Items Excluding Goodwill - - - $0
Restructuring And Mergern Acquisition - - - $0
Fetched: 2026-06-01
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $197,971,000 $-840,718,000 $-1,879,156,000 $-1,598,738,000
Total Assets $7,259,610,000 $5,869,259,000 $5,359,187,000 $5,847,846,000
Total Non Current Assets $2,828,818,000 $3,557,069,000 $3,743,024,000 $3,908,763,000
Other Non Current Assets $456,550,000 $1,430,090,000 $385,998,000 $268,426,000
Goodwill And Other Intangible Assets $1,936,700,000 $1,930,536,000 $3,135,485,000 $3,501,415,000
Other Intangible Assets $396,714,000 $472,851,000 $1,292,635,000 $1,677,660,000
Current Assets $4,430,792,000 $2,312,190,000 $1,616,163,000 $1,939,083,000
Other Current Assets $124,330,000 $140,470,000 $160,201,000 $155,785,000
Assets Held For Sale Current $0 $191,355,000 - -
Receivables $1,819,366,000 $1,283,335,000 $953,810,000 $702,814,000
Accounts Receivable $1,819,366,000 $1,283,335,000 $953,810,000 $702,814,000
Cash Cash Equivalents And Short Term Investments $2,487,096,000 $697,030,000 $502,152,000 $1,080,484,000
Cash And Cash Equivalents $2,487,096,000 $697,030,000 $502,152,000 $1,080,484,000
Restricted Cash - - - $0
Prepaid Assets - - - -
Debt
Net Debt $1,025,891,000 $2,811,953,000 $2,618,754,000 $2,131,238,000
Total Debt $3,544,741,000 $3,554,610,000 $3,177,416,000 $3,280,209,000
Long Term Debt And Capital Lease Obligation $3,530,798,000 $3,540,084,000 $2,948,811,000 $3,232,565,000
Long Term Debt $3,512,987,000 $3,508,983,000 $2,905,906,000 $3,178,412,000
Current Debt And Capital Lease Obligation $13,943,000 $14,526,000 $228,605,000 $47,644,000
Current Debt - - $215,000,000 $33,310,000
Other Current Borrowings - - $215,000,000 $33,310,000
Liabilities
Total Liabilities Net Minority Interest $5,124,939,000 $4,779,441,000 $4,102,858,000 $3,945,169,000
Total Non Current Liabilities Net Minority Interest $3,791,151,000 $3,721,969,000 $3,158,736,000 $3,366,211,000
Other Non Current Liabilities $260,353,000 $180,471,000 $209,925,000 $133,646,000
Liabilities Heldfor Sale Non Current $0 $1,414,000 - -
Current Liabilities $1,333,788,000 $1,057,472,000 $944,122,000 $578,958,000
Current Deferred Liabilities $47,682,000 $37,053,000 $78,559,000 $95,063,000
Payables And Accrued Expenses $1,253,828,000 $819,221,000 $588,695,000 $396,695,000
Payables $1,198,571,000 $768,005,000 $513,556,000 $355,153,000
Total Tax Payable $451,594,000 $263,703,000 $141,854,000 $81,957,000
Accounts Payable $746,977,000 $504,302,000 $371,702,000 $273,196,000
Other Current Liabilities - $137,113,000 $13,054,000 $15,254,000
Equity
Common Stock Equity $2,134,671,000 $1,089,818,000 $1,256,329,000 $1,902,677,000
Total Equity Gross Minority Interest $2,134,671,000 $1,089,818,000 $1,256,329,000 $1,902,677,000
Stockholders Equity $2,134,671,000 $1,089,818,000 $1,256,329,000 $1,902,677,000
Gains Losses Not Affecting Retained Earnings $-46,987,000 $-103,096,000 $-65,274,000 $-83,382,000
Other Equity Adjustments $-46,987,000 $-103,096,000 $-65,274,000 $-83,382,000
Retained Earnings $1,735,097,000 $599,204,000 $-812,989,000 $-1,169,700,000
Long Term Equity Investment $287,666,000 $0 - -
Preferred Securities Outside Stock Equity - - - -
Other
Ordinary Shares Number $338,313,000 $340,041,739 $339,886,712 $373,873,683
Share Issued $338,313,000 $340,041,739 $339,886,712 $373,873,683
Tangible Book Value $197,971,000 $-840,718,000 $-1,879,156,000 $-1,598,738,000
Invested Capital $5,647,658,000 $4,598,801,000 $4,377,235,000 $5,114,399,000
Working Capital $3,097,004,000 $1,254,718,000 $672,041,000 $1,360,125,000
Capital Lease Obligations $31,754,000 $45,627,000 $56,510,000 $68,487,000
Total Capitalization $5,647,658,000 $4,598,801,000 $4,162,235,000 $5,081,089,000
Additional Paid In Capital $446,550,000 $593,699,000 $2,134,581,000 $3,155,748,000
Capital Stock $11,000 $11,000 $11,000 $11,000
Common Stock $11,000 $11,000 $11,000 $11,000
Preferred Stock $0 $0 $0 $0
Long Term Capital Lease Obligation $17,811,000 $31,101,000 $42,905,000 $54,153,000
Current Deferred Revenue $47,682,000 $37,053,000 $78,559,000 $64,018,000
Current Capital Lease Obligation $13,943,000 $14,526,000 $13,605,000 $14,334,000
Pensionand Other Post Retirement Benefit Plans Current $18,335,000 $49,559,000 $48,263,000 $24,302,000
Current Accrued Expenses $55,257,000 $51,216,000 $75,139,000 $41,542,000
Investments And Advances $287,666,000 $0 - -
Goodwill $1,539,986,000 $1,457,685,000 $1,842,850,000 $1,823,755,000
Net PPE $147,902,000 $196,443,000 $221,541,000 $138,922,000
Accumulated Depreciation $-117,567,000 $-90,646,000 $-72,006,000 $-48,858,000
Gross PPE $265,469,000 $287,089,000 $293,547,000 $187,780,000
Leases $17,608,000 $17,666,000 $17,553,000 $17,380,000
Other Properties $237,665,000 $258,676,000 $264,703,000 $60,379,000
Machinery Furniture Equipment $10,196,000 $10,747,000 $11,291,000 $110,021,000
Properties $0 $0 $0 $0
Treasury Shares Number - - $0 -
Minority Interest - - $0 $0
Buildings And Improvements - - - -
Fetched: 2026-06-01
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $3,942,776,000 $2,073,458,000 $997,611,000 $412,111,000
Operating Activities
Operating Cash Flow $3,971,094,000 $2,099,011,000 $1,061,510,000 $412,773,000
Cash Flow From Continuing Operating Activities $3,971,094,000 $2,099,011,000 $1,061,510,000 $412,773,000
Operating Gains Losses $-106,229,000 $28,375,000 $4,337,000 $127,892,000
Investing Activities
Capital Expenditure $-28,318,000 $-25,553,000 $-63,899,000 $-662,000
Investing Cash Flow $358,428,000 $-106,754,000 $-77,829,000 $-1,371,468,000
Cash Flow From Continuing Investing Activities $358,428,000 $-106,754,000 $-77,829,000 $-1,371,468,000
Net Other Investing Changes $-373,000 $-4,218,000 $4,004,000 $41,312,000
Capital Expenditure Reported - - - $-5,949,000
Financing Activities
Repurchase Of Capital Stock $-2,191,944,000 $-981,297,000 $-1,153,593,000 $-338,880,000
Financing Cash Flow $-2,593,069,000 $-1,749,844,000 $-1,562,791,000 $-526,848,000
Cash Flow From Continuing Financing Activities $-2,593,069,000 $-1,749,844,000 $-1,562,791,000 $-526,848,000
Net Other Financing Charges $-407,785,000 $-1,179,088,000 $-312,103,000 $-169,093,000
Net Common Stock Issuance $-2,191,944,000 $-981,297,000 $-1,153,593,000 $-338,880,000
Issuance Of Capital Stock - - $0 $0
Common Stock Issuance - - $0 $0
Other
Repayment Of Debt $-218,669,000 $-4,246,098,000 $-518,164,000 $-49,893,000
Issuance Of Debt $200,000,000 $4,614,841,000 $395,281,000 $0
Interest Paid Supplemental Data $198,788,000 $270,615,000 $248,828,000 $165,959,000
Income Tax Paid Supplemental Data $194,843,000 $67,332,000 $75,433,000 $86,264,000
End Cash Position $2,487,096,000 $741,411,000 $502,152,000 $1,080,484,000
Beginning Cash Position $697,030,000 $502,152,000 $1,080,484,000 $2,570,504,000
Effect Of Exchange Rate Changes $9,232,000 $-3,154,000 $778,000 $-4,477,000
Changes In Cash $1,780,834,000 $242,413,000 $-579,110,000 $-1,485,543,000
Cash Flow From Discontinued Operation $44,381,000 $0 $0 -
Proceeds From Stock Option Exercised $25,329,000 $41,798,000 $25,788,000 $31,018,000
Common Stock Payments $-2,191,944,000 $-981,297,000 $-1,153,593,000 $-338,880,000
Net Issuance Payments Of Debt $-18,669,000 $368,743,000 $-122,883,000 $-49,893,000
Net Long Term Debt Issuance $-18,669,000 $368,743,000 $-122,883,000 $-49,893,000
Long Term Debt Payments $-218,669,000 $-4,246,098,000 $-518,164,000 $-49,893,000
Long Term Debt Issuance $200,000,000 $4,614,841,000 $395,281,000 $0
Net Investment Purchase And Sale $-20,178,000 $-76,983,000 $-17,934,000 $-66,342,000
Purchase Of Investment $-20,178,000 $-76,983,000 $-17,934,000 $-66,342,000
Net Business Purchase And Sale $407,297,000 $0 $0 $-1,345,776,000
Sale Of Business $407,297,000 $0 $0 -
Net Intangibles Purchase And Sale $-28,318,000 $-25,553,000 $-63,899,000 -
Purchase Of Intangibles $-28,318,000 $-25,553,000 $-63,899,000 -
Change In Working Capital $77,922,000 $-349,539,000 $-208,674,000 $-292,439,000
Change In Other Current Liabilities $-15,229,000 $-14,106,000 $-18,612,000 $-18,898,000
Change In Payables And Accrued Expense $500,712,000 $316,926,000 $205,185,000 $-2,933,000
Change In Accrued Expense $268,226,000 $127,341,000 $106,611,000 $-6,412,000
Change In Payable $232,486,000 $189,585,000 $98,574,000 $3,479,000
Change In Account Payable $232,486,000 $189,585,000 $98,574,000 $3,479,000
Change In Prepaid Assets $134,658,000 $-185,331,000 $-133,968,000 $-3,725,000
Change In Receivables $-542,219,000 $-467,028,000 $-261,279,000 $-174,829,000
Changes In Account Receivables $-542,219,000 $-467,028,000 $-261,279,000 $-174,829,000
Other Non Cash Items $21,508,000 $22,352,000 $29,068,000 $31,571,000
Stock Based Compensation $210,421,000 $369,367,000 $363,107,000 $191,612,000
Asset Impairment Charge $238,943,000 $0 $27,953,000 $0
Depreciation Amortization Depletion $194,778,000 $448,680,000 $489,008,000 $547,084,000
Depreciation And Amortization $194,778,000 $448,680,000 $489,008,000 $547,084,000
Amortization Cash Flow $194,778,000 $448,680,000 $489,008,000 $547,084,000
Amortization Of Intangibles $194,778,000 $448,680,000 $489,008,000 $547,084,000
Gain Loss On Sale Of Business $-106,229,000 $0 $0 -
Net Income From Continuing Operations $3,333,751,000 $1,579,776,000 $356,711,000 $-192,947,000
Purchase Of Business - $-25,553,000 $-63,899,000 $-1,345,776,000
Net PPE Purchase And Sale - $-4,776,000 $-4,246,000 $-662,000
Purchase Of PPE - $-4,776,000 $-4,246,000 $-662,000
Change In Other Working Capital - $-6,633,000 $13,857,000 $-14,711,000
Change In Other Current Assets - $-189,387,000 $-121,688,000 $-77,343,000
Gain Loss On Sale Of PPE - $1,646,000 $0 $127,892,000
Sale Of PPE - - - $37,000,000
Unrealized Gain Loss On Investment Securities - - - -
Net Foreign Currency Exchange Gain Loss - - - -
Fetched: 2026-06-01