AppLovin Corporation (APP)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 1,451 | 2,793 | 2,817 | 1,842 | 3,224 | 5,481 | 6,829 | 8,132 |
| Operating profit | $m | 4,152 | 5,288 | ||||||
| Net profit | $m | -125 | 35 | -193 | 357 | 1,580 | 3,334 | 4,410 | 5,417 |
| EPS reported | $ | 9.75 | 13.01 | ||||||
| Operating cashflow per share | $ | 11.72 | 13.45 | ||||||
| Capex per share | $ | 0.08 | 0.08 | ||||||
| FCF per share | $ | 11.64 | 13.37 | ||||||
| Free cash flow | $m | 3,943 | 4,499 | ||||||
| Net debt | $m | 1,026 | 462 | ||||||
| Book value equity | $m | 2,135 | 3,163 | ||||||
| Book value per share | $ | 6.24 | 9.36 | ||||||
| Number of shares | m | 341.97 | 337.88 | ||||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 69.11 | 23.89 | ||||||
| P/B LTM | x | 106.94 | 72.17 | ||||||
| P/S LTM | x | 41.65 | 33.43 | ||||||
| P/FCF LTM | x | 57.90 | 50.74 | ||||||
| EV/EBITDA LTM | x | 52.66 | 41.56 | ||||||
| EV/Sales LTM | x | 41.84 | 15.84 | ||||||
| Earnings Yield LTM | % | +1.45% | +4.19% | ||||||
| FCF Yield | % | +1.73% | +1.97% | ||||||
| Quality | |||||||||
| ROE | % | +156.17% | +193.10% | ||||||
| ROIC | % | +60.71% | +63.79% | ||||||
| Operating margin | % | +75.75% | +77.44% | ||||||
| Gross margin | % | +87.86% | +88.46% | ||||||
| FCF/Sales | % | +71.94% | +65.88% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +115.23% | +187.20% | ||||||
| Sales Growth YoY | % | +69.99% | +111.82% | ||||||
| Net Income Growth YoY | % | +111.03% | +179.15% | ||||||
| FCF Growth | % | +88.27% | +114.84% | ||||||
| Operating Profit Growth | % | +117.27% | +176.74% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 0.00% | 0.00% | ||||||
| Dividend Growth | % | - | - | ||||||
| Payout Ratio | % | 0.00% | 0.00% | ||||||
| FCF/Debt | x | 1.11 | 1.28 | ||||||
| Net Debt/EBITDA | x | 0.24 | 0.08 | ||||||
| EBIT/Net interest | x | 20.06 | 25.79 | ||||||
| Net debt/market cap | % | +1.54% | +3.26% | ||||||
| Net debt/Equity | x | 0.48 | 0.15 | ||||||
| Gross debt/equity | x | 1.66 | 1.11 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
AppLovin Corporation provides a specialized software platform focused on empowering mobile application developers to enhance the marketing and revenue generation of their products. With operations spanning the United States and international markets, the company assists mobile app developers worldwide. Among its core software offerings is AppDiscovery, a marketing solution that intelligently connects advertiser demand with publisher supply through an auction-based model. Another key product is Adjust, an analytics platform that enables marketers to scale their mobile apps by offering capabilities for performance measurement, campaign optimization, and user data protection. Additionally, MAX is an in-app bidding software engineered to maximize the value derived from an app's advertising inventory by facilitating real-time competitive auctions. Its client base is broad, serving advertisers, publishers, internet platforms, and other stakeholders. Founded in 2011, the enterprise maintains its headquarters in Palo Alto, California.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
AppLovin Corporation provides a specialized software platform focused on empowering mobile application developers to enhance the marketing and revenue generation of their products. With operations spanning the United States and international markets, the company assists mobile app developers worldwide. Among its core software offerings is AppDiscovery, a marketing solution that intelligently connects advertiser demand with publisher supply through an auction-based model. Another key product is Adjust, an analytics platform that enables marketers to scale their mobile apps by offering capabilities for performance measurement, campaign optimization, and user data protection. Additionally, MAX is an in-app bidding software engineered to maximize the value derived from an app's advertising inventory by facilitating real-time competitive auctions. Its client base is broad, serving advertisers, publishers, internet platforms, and other stakeholders. Founded in 2011, the enterprise maintains its headquarters in Palo Alto, California.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free