AppLovin Corporation (APP) Stock Analysis

Company Overview

The market values AppLovin Corporation (APP) at $107.69B. 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 $297.50 to $745.61. APP last closed at $320.56 on September 4, 2026. That is +$6.98 (+2.23%) against the previous close. The latest close sits 7.75% 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 67 percentage points above the Advertising Agencies median of −2.47%. 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 24.64. That is 24.21% below the Advertising Agencies median of 32.51. On forward earnings the ratio is 15.28. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.68. The price-to-sales ratio is 15.77. On price-to-sales that is 18.5 times the Advertising Agencies median of 0.85. 44 Advertising Agencies companies report these metrics, and the medians quoted come from that group.

The trailing one-year price return is −35.88%. Across 5 years the annualized return works out at +32.67%. Beta against the wider market is reported at 2.49. Annualized volatility over the trailing 5 years is 78.31%.

Growth & Income

No dividend is on file for APP.

So far in 2026 the price is −52.43%. 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.