Symbols / APP
APP Chart
About
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.
Fundamentals
Scroll to Statements| Sector | Communication Services | Industry | Advertising Agencies | Market Cap | 133.03B |
| Enterprise Value | 133.80B | Income | 3.43B | Sales | 5.48B |
| Book/sh | 6.31 | Cash/sh | 7.37 | Dividend Yield | — |
| Payout | 0.00% | Employees | 876 | IPO | — |
| P/E | 39.20 | Forward P/E | 19.76 | PEG | — |
| P/S | 24.27 | P/B | 62.32 | P/C | — |
| EV/EBITDA | 31.30 | EV/Sales | 24.41 | Quick Ratio | 3.23 |
| Current Ratio | 3.32 | Debt/Eq | 171.80 | LT Debt/Eq | — |
| EPS (ttm) | 10.03 | EPS next Y | 19.90 | EPS Growth | 84.70% |
| Revenue Growth | 65.90% | Earnings | 2026-05-06 | ROA | 39.53% |
| ROE | 212.94% | ROIC | — | Gross Margin | 87.86% |
| Oper. Margin | 76.92% | Profit Margin | 60.83% | Shs Outstand | 307.95M |
| Shs Float | 242.16M | Short Float | 4.44% | Short Ratio | 2.46 |
| Short Interest | — | 52W High | 745.61 | 52W Low | 200.50 |
| Beta | 2.49 | Avg Volume | 5.44M | Volume | 4.91M |
| Target Price | $661.59 | Recom | Buy | Prev Close | $380.62 |
| Price | $393.22 | Change | 3.31% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$661.59
Mean price target
2. Current target
$393.22
Latest analyst target
3. DCF / Fair value
$157.77
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$393.22
Low
$458.00
High
$860.00
Mean
$661.59
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-02-12 | main | Jefferies | Buy → Buy | $700 |
| 2026-02-12 | main | Citigroup | Buy → Buy | $710 |
| 2026-02-12 | main | UBS | Buy → Buy | $740 |
| 2026-02-12 | reit | RBC Capital | Outperform → Outperform | $700 |
| 2026-02-12 | main | Goldman Sachs | Neutral → Neutral | $585 |
| 2026-02-12 | main | Scotiabank | Sector Outperform → Sector Outperform | $775 |
| 2026-02-12 | reit | Piper Sandler | Overweight → Overweight | $650 |
| 2026-02-12 | main | Wells Fargo | Overweight → Overweight | $543 |
| 2026-02-12 | main | Wedbush | Outperform → Outperform | $640 |
| 2026-02-12 | reit | Needham | Buy → Buy | $700 |
| 2026-02-12 | main | BTIG | Buy → Buy | $640 |
| 2026-02-10 | main | UBS | Buy → Buy | $686 |
| 2026-01-26 | up | Needham | Hold → Buy | $700 |
| 2026-01-14 | init | Evercore ISI Group | — → Outperform | $835 |
| 2026-01-13 | main | Morgan Stanley | Overweight → Overweight | $800 |
| 2026-01-08 | main | Wells Fargo | Overweight → Overweight | $735 |
| 2025-12-11 | main | Jefferies | Buy → Buy | $860 |
| 2025-12-11 | main | Benchmark | Buy → Buy | $775 |
| 2025-11-12 | main | Citigroup | Buy → Buy | $820 |
| 2025-11-07 | main | Wells Fargo | Overweight → Overweight | $721 |
News
RSS: Latest APP news- AppLovin Stock Dropped -30%, Here’s Why - Trefis Wed, 25 Feb 2026 07
- AppLovin Stock Falls Monday: What's Driving The Weakness? - Benzinga Mon, 23 Feb 2026 15
- Software stocks rebound as Anthropic announces new partnerships - CNBC ue, 24 Feb 2026 17
- Why AppLovin (APP) Stock Is Down Today - Yahoo Finance Wed, 11 Feb 2026 08
- AppLovin (APP) stock price rebounds in New York trade, but SEC probe headline still hangs over shares - TechStock² ue, 24 Feb 2026 19
- AppLovin Stock Rallies After Rough Start To Year. Here's Why. - Investor's Business Daily Fri, 20 Feb 2026 15
- 6 Best Investing And Trading Apps For Beginners - Bankrate Fri, 20 Feb 2026 08
- AppLovin Stock (APP) Jumps on Plan to Launch Its Own Social Media Platform - TipRanks hu, 19 Feb 2026 18
- Should You Buy, Sell, or Hold AppLovin Stock Before Q4 Earnings? - Zacks Investment Research Wed, 04 Feb 2026 08
- Assessing AppLovin (APP) Valuation After Recent Share Price Weakness And Strong Growth Expectations - simplywall.st ue, 24 Feb 2026 02
- $APP stock rose 7% this week. Here's what we see in our data. - Quiver Quantitative Sat, 21 Feb 2026 16
- Cyber stocks plunge, but Anthropic’s security tool isn’t a killer app - CTech Sat, 21 Feb 2026 17
- APP Stock Falls 13% Following CloudX Launch: Retail Says 'Ignore The Noise' - Stocktwits Wed, 04 Feb 2026 17
- Uber’s next move: turning SpotHero into in-app parking - Stock Titan Mon, 23 Feb 2026 21
- Billionaire Value Investor Seth Klarman Sold Alphabet and Bought This Outstanding AI Stock Instead - The Motley Fool Mon, 23 Feb 2026 03
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 100000 | — | — | Stock Gift at price 0.00 per share. | CHEN HERALD Y | Director | — | 2026-02-13 00:00:00 | D |
| 1 | 150000 | nan | — | — | CHEN HERALD Y | Director | — | 2026-02-13 00:00:00 | D |
| 2 | 28 | — | — | Stock Award(Grant) at price 0.00 per share. | WEBB MAYNARD GEORGE JR | Director | — | 2026-01-15 00:00:00 | D |
| 3 | 7609 | 5000102.0 | — | Sale at price 657.13 per share. | VALENZUELA VICTORIA | Officer | — | 2025-12-18 00:00:00 | D |
| 4 | 5500 | — | — | Stock Gift at price 0.00 per share. | VALENZUELA VICTORIA | Officer | — | 2025-12-10 00:00:00 | D |
| 5 | 25000 | — | — | Stock Gift at price 0.00 per share. | CHEN HERALD Y | Director | — | 2025-12-09 00:00:00 | D |
| 6 | 50 | — | — | Stock Gift at price 0.00 per share. | HARVEY DAWSON ALYSSA | Director | — | 2025-12-09 00:00:00 | D |
| 7 | 150 | 103998.0 | — | Sale at price 693.32 per share. | HARVEY DAWSON ALYSSA | Director | — | 2025-12-08 00:00:00 | D |
| 8 | 27143 | 14803141.0 | — | Sale at price 524.54 - 555.39 per share. | SHIKIN VASILY | Chief Technology Officer | — | 2025-11-24 00:00:00 | D |
| 9 | 4889 | 2691080.0 | — | Sale at price 524.54 - 564.21 per share. | SHIKIN VASILY | Chief Technology Officer | — | 2025-11-24 00:00:00 | D/I |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.21 | 0.06 | 0.06 | 0.24 |
| NormalizedEBITDA | 2.34B | 1.15B | 513.77M | 580.54M |
| TotalUnusualItems | 0.00 | 0.00 | ||
| TotalUnusualItemsExcludingGoodwill | 0.00 | 0.00 | ||
| NetIncomeFromContinuingOperationNetMinorityInterest | 1.58B | 356.71M | -192.75M | 35.45M |
| ReconciledDepreciation | 448.68M | 489.01M | 547.08M | 431.06M |
| ReconciledCostOfRevenue | 1.17B | 1.06B | 1.26B | 988.10M |
| EBITDA | 2.34B | 1.15B | 513.77M | 580.54M |
| EBIT | 1.89B | 656.24M | -33.31M | 149.48M |
| NetInterestIncome | -318.26M | -275.67M | -171.86M | -103.17M |
| InterestExpense | 318.26M | 275.67M | 171.86M | 103.17M |
| NormalizedIncome | 1.58B | 356.71M | -192.75M | 35.45M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 1.58B | 356.71M | -192.75M | 35.45M |
| TotalExpenses | 2.84B | 2.63B | 2.86B | 2.64B |
| TotalOperatingIncomeAsReported | 1.87B | 648.21M | -47.79M | 150.02M |
| DilutedAverageShares | 341.97M | 347.81M | 362.59M | 371.57M |
| BasicAverageShares | 338.78M | 336.92M | 351.95M | 371.57M |
| DilutedEPS | 9.75 | 4.53 | 0.98 | -0.52 |
| BasicEPS | 9.84 | 4.68 | 1.01 | -0.52 |
| DilutedNIAvailtoComStockholders | 1.58B | 354.99M | -192.75M | 31.88M |
| AverageDilutionEarnings | 85.00K | 51.00K | 0.00 | 176.00K |
| NetIncomeCommonStockholders | 1.58B | 354.94M | -192.75M | 31.70M |
| OtherunderPreferredStockDividend | 2.72M | 1.77M | 0.00 | 3.74M |
| NetIncome | 1.58B | 356.71M | -192.75M | 35.45M |
| MinorityInterests | 0.00 | 0.00 | 201.00K | 108.00K |
| NetIncomeIncludingNoncontrollingInterests | 1.58B | 356.71M | -192.95M | 35.34M |
| NetIncomeContinuousOperations | 1.58B | 356.71M | -192.95M | 35.34M |
| TaxProvision | -3.77M | 23.86M | -12.23M | 10.97M |
| PretaxIncome | 1.58B | 380.57M | -205.18M | 46.31M |
| OtherIncomeExpense | 20.81M | 8.03M | 14.48M | -535.00K |
| OtherNonOperatingIncomeExpenses | 20.81M | 8.03M | 14.48M | -535.00K |
| SpecialIncomeCharges | 0.00 | 0.00 | ||
| RestructuringAndMergernAcquisition | 0.00 | 0.00 | ||
| NetNonOperatingInterestIncomeExpense | -318.26M | -275.67M | -171.86M | -103.17M |
| InterestExpenseNonOperating | 318.26M | 275.67M | 171.86M | 103.17M |
| OperatingIncome | 1.87B | 648.21M | -47.79M | 150.02M |
| OperatingExpense | 1.67B | 1.58B | 1.61B | 1.65B |
| ResearchAndDevelopment | 638.69M | 592.39M | 507.61M | 366.40M |
| SellingGeneralAndAdministration | 1.03B | 983.30M | 1.10B | 1.29B |
| SellingAndMarketingExpense | 849.21M | 830.72M | 919.55M | 1.13B |
| GeneralAndAdministrativeExpense | 181.09M | 152.59M | 181.63M | 158.70M |
| OtherGandA | 181.09M | 152.59M | 181.63M | 158.70M |
| GrossProfit | 3.54B | 2.22B | 1.56B | 1.81B |
| CostOfRevenue | 1.17B | 1.06B | 1.26B | 988.10M |
| TotalRevenue | 4.71B | 3.28B | 2.82B | 2.79B |
| OperatingRevenue | 4.71B | 3.28B | 2.82B | 2.79B |
| Line Item | 2023-12-31 | |||
|---|---|---|---|---|
| TreasurySharesNumber | 0.00 | |||
| OrdinarySharesNumber | 340.04M | 339.89M | 373.87M | 375.09M |
| ShareIssued | 340.04M | 339.89M | 373.87M | 375.09M |
| NetDebt | 2.77B | 2.62B | 2.13B | 1.71B |
| TotalDebt | 3.56B | 3.18B | 3.28B | 3.33B |
| TangibleBookValue | -1.61B | -1.88B | -1.60B | -537.68M |
| InvestedCapital | 4.60B | 4.38B | 5.11B | 5.37B |
| WorkingCapital | 1.25B | 672.04M | 1.36B | 2.59B |
| NetTangibleAssets | -1.61B | -1.88B | -1.60B | -537.68M |
| CapitalLeaseObligations | 47.42M | 56.51M | 68.49M | 102.89M |
| CommonStockEquity | 1.09B | 1.26B | 1.90B | 2.14B |
| TotalCapitalization | 4.60B | 4.16B | 5.08B | 5.34B |
| TotalEquityGrossMinorityInterest | 1.09B | 1.26B | 1.90B | 2.14B |
| MinorityInterest | 0.00 | 0.00 | 201.00K | |
| StockholdersEquity | 1.09B | 1.26B | 1.90B | 2.14B |
| GainsLossesNotAffectingRetainedEarnings | -103.10M | -65.27M | -83.38M | -45.45M |
| OtherEquityAdjustments | -103.10M | -65.27M | -83.38M | -45.45M |
| RetainedEarnings | 599.20M | -812.99M | -1.17B | -976.95M |
| AdditionalPaidInCapital | 593.70M | 2.13B | 3.16B | 3.16B |
| CapitalStock | 11.00K | 11.00K | 11.00K | 11.00K |
| CommonStock | 11.00K | 11.00K | 11.00K | 11.00K |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 4.78B | 4.10B | 3.95B | 4.03B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 3.72B | 3.16B | 3.37B | 3.39B |
| OtherNonCurrentLiabilities | 180.38M | 209.93M | 133.65M | 120.86M |
| PreferredSecuritiesOutsideStockEquity | 201.00K | |||
| LongTermDebtAndCapitalLeaseObligation | 3.54B | 2.95B | 3.23B | 3.26B |
| LongTermCapitalLeaseObligation | 32.61M | 42.91M | 54.15M | 62.50M |
| LongTermDebt | 3.51B | 2.91B | 3.18B | 3.20B |
| CurrentLiabilities | 1.06B | 944.12M | 578.96M | 640.10M |
| OtherCurrentLiabilities | 13.05M | 15.25M | 17.37M | |
| CurrentDeferredLiabilities | 69.84M | 78.56M | 95.06M | 186.53M |
| CurrentDeferredRevenue | 69.84M | 78.56M | 64.02M | 78.93M |
| CurrentDebtAndCapitalLeaseObligation | 14.81M | 228.60M | 47.64M | 66.20M |
| CurrentCapitalLeaseObligation | 14.81M | 13.61M | 14.33M | 40.39M |
| CurrentDebt | 215.00M | 33.31M | 25.81M | |
| OtherCurrentBorrowings | 215.00M | 33.31M | 25.81M | |
| PensionandOtherPostRetirementBenefitPlansCurrent | 64.64M | 48.26M | 24.30M | 32.86M |
| PayablesAndAccruedExpenses | 908.18M | 588.70M | 396.69M | 337.13M |
| CurrentAccruedExpenses | 64.60M | 75.14M | 41.54M | 11.75M |
| Payables | 843.58M | 513.56M | 355.15M | 325.38M |
| TotalTaxPayable | 280.15M | 141.85M | 81.96M | 67.16M |
| AccountsPayable | 563.43M | 371.70M | 273.20M | 258.22M |
| TotalAssets | 5.87B | 5.36B | 5.85B | 6.16B |
| TotalNonCurrentAssets | 3.56B | 3.74B | 3.91B | 2.93B |
| OtherNonCurrentAssets | 658.37M | 386.00M | 268.43M | 118.16M |
| GoodwillAndOtherIntangibleAssets | 2.70B | 3.14B | 3.50B | 2.68B |
| OtherIntangibleAssets | 896.68M | 1.29B | 1.68B | 1.71B |
| Goodwill | 1.80B | 1.84B | 1.82B | 966.43M |
| NetPPE | 198.60M | 221.54M | 138.92M | 134.58M |
| AccumulatedDepreciation | -94.74M | -72.01M | -48.86M | -39.66M |
| GrossPPE | 293.34M | 293.55M | 187.78M | 174.24M |
| Leases | 18.75M | 17.55M | 17.38M | 18.64M |
| OtherProperties | 260.27M | 264.70M | 60.38M | 70.97M |
| MachineryFurnitureEquipment | 14.32M | 11.29M | 110.02M | 84.63M |
| BuildingsAndImprovements | 70.97M | |||
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 2.31B | 1.62B | 1.94B | 3.24B |
| OtherCurrentAssets | 156.53M | 160.20M | 155.78M | 150.04M |
| RestrictedCash | 0.00 | 1.05B | ||
| PrepaidAssets | 150.04M | |||
| Receivables | 1.41B | 953.81M | 702.81M | 514.52M |
| AccountsReceivable | 1.41B | 953.81M | 702.81M | 514.52M |
| CashCashEquivalentsAndShortTermInvestments | 741.41M | 502.15M | 1.08B | 1.52B |
| CashAndCashEquivalents | 741.41M | 502.15M | 1.08B | 1.52B |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 2.09B | 1.06B | 412.11M | 360.46M |
| RepurchaseOfCapitalStock | -981.30M | -1.15B | -338.88M | 0.00 |
| RepaymentOfDebt | -4.25B | -518.16M | -49.89M | -746.74M |
| IssuanceOfDebt | 4.61B | 395.28M | 0.00 | 2.34B |
| IssuanceOfCapitalStock | 0.00 | 0.00 | 1.75B | |
| CapitalExpenditure | -4.78M | -4.25M | -662.00K | -1.39M |
| InterestPaidSupplementalData | 270.62M | 248.83M | 165.96M | 76.69M |
| IncomeTaxPaidSupplementalData | 67.33M | 75.43M | 86.26M | 90.62M |
| EndCashPosition | 741.41M | 502.15M | 1.08B | 2.57B |
| BeginningCashPosition | 502.15M | 1.08B | 2.57B | 317.24M |
| EffectOfExchangeRateChanges | -3.15M | 778.00K | -4.48M | -3.20M |
| ChangesInCash | 242.41M | -579.11M | -1.49B | 2.26B |
| FinancingCashFlow | -1.75B | -1.56B | -526.85M | 3.11B |
| CashFlowFromContinuingFinancingActivities | -1.75B | -1.56B | -526.85M | 3.11B |
| NetOtherFinancingCharges | -1.18B | -312.10M | -169.09M | -266.98M |
| ProceedsFromStockOptionExercised | 41.80M | 25.79M | 31.02M | 34.03M |
| NetCommonStockIssuance | -981.30M | -1.15B | -338.88M | 1.75B |
| CommonStockPayments | -981.30M | -1.15B | -338.88M | 0.00 |
| CommonStockIssuance | 0.00 | 0.00 | 1.75B | |
| NetIssuancePaymentsOfDebt | 368.74M | -122.88M | -49.89M | 1.60B |
| NetLongTermDebtIssuance | 368.74M | -122.88M | -49.89M | 1.60B |
| LongTermDebtPayments | -4.25B | -518.16M | -49.89M | -746.74M |
| LongTermDebtIssuance | 4.61B | 395.28M | 0.00 | 2.34B |
| InvestingCashFlow | -106.75M | -77.83M | -1.37B | -1.21B |
| CashFlowFromContinuingInvestingActivities | -106.75M | -77.83M | -1.37B | -1.21B |
| NetOtherInvestingChanges | 558.00K | 8.25M | 41.31M | 12.01M |
| NetInvestmentPurchaseAndSale | -76.98M | -17.93M | -66.34M | -15.00M |
| PurchaseOfInvestment | -76.98M | -17.93M | -66.34M | -15.00M |
| NetBusinessPurchaseAndSale | -25.55M | -63.90M | -1.35B | -1.21B |
| PurchaseOfBusiness | -25.55M | -63.90M | -1.35B | -1.21B |
| NetPPEPurchaseAndSale | -4.78M | -4.25M | -662.00K | -1.39M |
| SaleOfPPE | 37.00M | 0.00 | ||
| PurchaseOfPPE | -4.78M | -4.25M | -662.00K | -1.39M |
| CapitalExpenditureReported | -5.95M | -4.07M | ||
| OperatingCashFlow | 2.10B | 1.06B | 412.77M | 361.85M |
| CashFlowFromContinuingOperatingActivities | 2.10B | 1.06B | 412.77M | 361.85M |
| ChangeInWorkingCapital | -349.54M | -208.67M | -292.44M | -284.30M |
| ChangeInOtherWorkingCapital | -6.63M | 13.86M | -14.71M | -13.91M |
| ChangeInOtherCurrentLiabilities | -14.11M | -18.61M | -18.90M | -26.85M |
| ChangeInOtherCurrentAssets | -189.39M | -121.69M | -77.34M | -45.94M |
| ChangeInPayablesAndAccruedExpense | 323.56M | 191.33M | -2.93M | 101.67M |
| ChangeInAccruedExpense | 133.97M | 92.75M | -6.41M | 3.06M |
| ChangeInPayable | 189.59M | 98.57M | 3.48M | 98.61M |
| ChangeInAccountPayable | 189.59M | 98.57M | 3.48M | 98.61M |
| ChangeInPrepaidAssets | 4.06M | -12.28M | -3.73M | -97.32M |
| ChangeInReceivables | -467.03M | -261.28M | -174.83M | -201.95M |
| ChangesInAccountReceivables | -467.03M | -261.28M | -174.83M | -201.95M |
| OtherNonCashItems | 20.71M | 29.07M | 31.57M | 46.57M |
| StockBasedCompensation | 369.37M | 363.11M | 191.61M | 133.18M |
| UnrealizedGainLossOnInvestmentSecurities | -8.84M | |||
| AssetImpairmentCharge | 0.00 | 27.95M | 0.00 | 0.00 |
| DepreciationAmortizationDepletion | 448.68M | 489.01M | 547.08M | 431.06M |
| DepreciationAndAmortization | 448.68M | 489.01M | 547.08M | 431.06M |
| AmortizationCashFlow | 448.68M | 489.01M | 547.08M | 431.06M |
| AmortizationOfIntangibles | 448.68M | 489.01M | 547.08M | 431.06M |
| OperatingGainsLosses | 30.02M | 4.34M | 127.89M | 16.50M |
| NetForeignCurrencyExchangeGainLoss | -1.73M | |||
| GainLossOnSaleOfPPE | 1.65M | 0.00 | 127.89M | |
| NetIncomeFromContinuingOperations | 1.58B | 356.71M | -192.95M | 35.34M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for APP
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|