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NASDAQ · Advertising Agencies · USD

AppLovin Corporation (APP) Stock Analysis

AppLovin Corporation (APP) is a Advertising Agencies stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

APP

$267.90

−$4.56 (−1.67%)

Oct 21, 2026 · Market close

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Price History

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APP Key Statistics

As of Oct 21, 2026
Trading
Open
$271.38
Previous Close
$272.46
Day's Range
264.08–272.65
52-Week Range
260.59–738.01
Volume
2.71M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
2.56
Valuation
Market Cap
$90.00B
P/E Ratio
20.59
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
13.05
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
0.59
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
13.18
EPS (ttm)Profit attributable to each share over the last twelve months.
13.01
Financials (FY)
Revenue (FY)
$5.48B+69.99%
Net Income (FY)
$3.33B+111.03%
Profit marginThe share of revenue left as profit after all costs and taxes.
64.58%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
305.73M
1-Year Return
−51.52%
Dividend and dates
Earnings Date
November 4, 2026
Avg Volume
5.62M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, APP closed at $267.90, −51.52% over 1 year.

AppLovin Corporation (APP) has a market capitalization of $90.00B.

In fiscal 2025, APP reported revenue of $5.48B.

APP Stock Return by Calendar Year

AppLovin Corporation (APP) return since Apr 2021: what $10,000 became

1 year
$10,000 $4,848
−51.52%
5 years
$10,000 $27,819
+178.19%
Since Apr 2021
$10,000 $41,089
+310.89%

If you had invested $10,000 in AppLovin Corporation (APP) at the close on April 15, 2021, the earliest close on record here, it would have been worth $41,089 at the close on October 21, 2026: +310.89% in total, +29.20% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−60.24%
2025+108.08%
2024+712.62%
2023+278.44%
2022−88.83%
2021 (partial year)+44.57%

As of October 21, 2026.

APP Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$5.48B$3.33B60.8%
2024$3.22B$1.58B49.0%
2023$1.84B$357.21M19.4%
2022$2.82B−$192.75M−6.8%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$5.48B$4.82B$4.15B$3.33B60.8%
2024$3.22B$2.70B$1.91B$1.58B49.0%
2023$1.84B$1.49B$772.41M$357.21M19.4%
2022$2.82B$1.56B−$47.79M−$192.75M−6.8%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

APP Valuation vs Advertising Agencies Median

Median of 41 stocks
MetricAPPAdvertising Agencies medianvs median
P/E20.5927.7326% below
P/S ratio13.180.7417.8x the median
Profit margin64.58%−4.62%69.2 pts above

Medians across 41 Advertising Agencies stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values AppLovin Corporation (APP) at $90.00B. The company sits in the Communication Services sector, in the Advertising Agencies industry. Headcount on file is 876.

Over the past 52 weeks the price has ranged from $260.59 to $738.01. APP last closed at $267.90 on October 21, 2026. That is −$4.56 (−1.67%) against the previous close. The latest close sits 2.81% above that 52-week low.

Financial Health

In fiscal 2025, AppLovin Corporation reported revenue of $5.48B. Against the prior fiscal year total of $3.22B, that is a change of +69.99%. The same year closed with net income of $3.33B. That is +111.03% against the prior fiscal year. Profit margin runs at 64.58%. That is 69.2 percentage points above the Advertising Agencies median of −4.62%. Trailing earnings per share are 13.01.

Across the 4 fiscal years on file, revenue moves from $2.82B in 2022 to $5.48B in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 20.59. That is 25.75% below the Advertising Agencies median of 27.73. On forward earnings the ratio is 13.05. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.59. The price-to-sales ratio is 13.18. On price-to-sales that is 17.8 times the Advertising Agencies median of 0.74. 41 Advertising Agencies companies report these metrics, and the medians quoted come from that group.

The trailing one-year total return is −51.52%. Across 5 years the annualized return works out at +22.71%. Beta against the wider market is reported at 2.56. Annualized volatility over the trailing 5 years is 78.05%.

Growth & Income

No dividend is on file for APP.

So far in 2026 the total return is −60.24%. The strongest complete calendar year on file is 2024 at +712.62%; the weakest is 2022 at −88.83%. Of the 4 complete calendar years on file, 3 finished higher.

Peer Comparison

AppLovin Corporation (APP) operates in the Advertising Agencies industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
AppLovin Corporation APP $90.00B 20.6
Omnicom Group Inc. OMC $22.08B 211.8
The Trade Desk, Inc. TTD $5.95B 15.2
WPP plc WPP $5.70B —

The Advertising Agencies industry average P/E ratio is 27.7x. AppLovin Corporation trades at a P/E of 20.6.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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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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