AppLovin is a vertically integrated advertising technology company that acts as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange facilitating transactions between the two. About 80% of AppLovin’s revenue comes from the DSP, AppDiscovery, while the remainder comes from the SSP, Max. AppLovin’s primary tool for future growth is AXON 2, which is an ad optimizer operating within the DSP that allows advertisers to place ads according to specified return thresholds.

$118B

Market Cap • 11/5/2026

2011

(15 years)

Founded

2021

(5 years ago)

IPO

NASDAQ

Listing Exchange

Flag of United States

United States

Country

S&P500 Participant

Index Composite • 2026

Valuation

P/B

35,8

P/S

15,5

P/EBITDA

19,5

P/OCF

24,1

P/FCF

24,1

P/E

24

BVPS

10

EPS

14,8

Market Cap

Market Cap

118B

EV

118,3B

EV/Revenue

15,6

EV/EBITDA

19,6

EV/EBIT

20

Payout

Dividend Per Share

0

Dividend Yield

0%

Buyback Yield

2,7%

Total Yield

2,7%

Payout

0%

Retained Earnings

2,7B

Profitability

Gross Margin

88,8%

EBITDA Margin

79,5%

EBIT Margin

77,8%

Net Margin

65,9%

D&A/EBITDA

0%

R&D/Revenue

5%

Capex/Revenue

0%

Capex/D&A

0%

Capex/OCF

0%

SBC/OCF

6,8%

% PPE

1,3%

% Goodwill

17,7%

ROE

210,1%

ROIC

133,1%

Growth

CAGR Revenue 5Y

24,8%

CAGR Op. Income 5Y

132,8%

CAGR OCF 5Y

67%

Leverage

N.D./EBITDA

0,1

Debt/Equity

0%

Current Ratio

3,8

Quick Ratio

3,7

Interest Coverage

—

Premium

Unlock 100% of the data and have immediate access on more than 6.000 companies with updated information!
  • Unrestricted access
  • Unlimited data history
  • Analysis videos
  • Quarterly highlights
  • Customizable financials table
  • Ranking
  • Discussions

...and much more!

Get Premium