APPNasdaqServices-Computer Programming, Data Processing, Etc.Fiscal year ends December 31
AppLovin Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$269.12+2.99 (+1.12%)
Close on Oct 19, 2026
- Market cap
- $90.70B
- P/E (TTM)
- 20.7
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
67.7%
227M of 335M shares
Institutional holders
1,458
212 new, 129 sold out
Net institutional buying
9M
In Q2 2026
Insider trades, 12 months
0 buys · 704 sales
Net sold $574.15M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Arash Adam Foroughi | 36,337,732 | 10.60% | 13G (passive) amendment | Dec 31, 2024 |
| BlackRock, Inc. | 21,386,458 | 7.00% | 13G (passive) | Sep 30, 2025 |
| Vanguard Capital Management | 19,337,914 | 6.29% | 13G (passive) | Mar 31, 2026 |
| Prominence Trust Limited | 17,244,541 | 5.80% | 13G (passive) amendment | Dec 31, 2024 |
| Abigail P. Johnson | 15,691,414 | 5.10% | 13G (passive) | Mar 31, 2026 |
| Hontai App Fund Limited Partnership | – | – | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of APP | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 24,040,619 | 7.18% | $12.39B | +400,447 | 0.18% |
| Vanguard Capital Management LLC | 17,744,980 | 5.30% | $9.14B | +994,096 | 0.20% |
| FMR LLC | 17,293,553 | 5.17% | $8.91B | +1,602,139 | 0.39% |
| State Street Corp | 12,101,830 | 3.62% | $6.24B | +334,501 | 0.18% |
| Invesco Ltd. | 10,975,993 | 3.28% | $5.66B | +386,558 | 0.45% |
| Capital World Investors | 8,150,954 | 2.44% | $4.20B | +4,971,394 | 0.50% |
| Geode Capital Management, LLC | 7,362,995 | 2.20% | $3.78B | +74,623 | 0.20% |
| Baillie Gifford & Co | 6,471,615 | 1.93% | $3.33B | −228,517 | 3.03% |
| Vanguard Portfolio Management LLC | 6,350,652 | 1.90% | $3.27B | +414,759 | 0.15% |
| Morgan Stanley | 5,791,247 | 1.73% | $2.98B | +186,406 | 0.16% |
| Price T Rowe Associates Inc /Md/ | 4,773,100 | 1.43% | $2.46M | −661,626 | 0.25% |
| JPMorgan Chase & Co | 4,349,233 | 1.30% | $2.17B | +241,289 | 0.12% |
| Wcm Investment Management, LLC | 3,709,328 | 1.11% | $1.85B | −1,292,272 | 3.35% |
| Goldman Sachs Group Inc | 3,192,790 | 0.95% | $1.65B | +490,931 | 0.14% |
| Kensico Capital Management Corp | 3,182,850 | 0.95% | $1.64B | −101,400 | 28.12% |
| Capital International Investors | 2,968,827 | 0.89% | $1.53B | +144,767 | 0.32% |
| Norges Bank | 2,921,649 | 0.87% | $1.51B | New | 0.15% |
| Bank Of America Corp /De/ | 2,895,451 | 0.87% | $1.49B | −259,955 | 0.10% |
| Northern Trust Corp | 2,398,277 | 0.72% | $1.24B | −8,914 | 0.14% |
| Charles Schwab Investment Management Inc | 2,104,222 | 0.63% | $1.08B | +135,662 | 0.14% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 1,458 | 227M | 67.7% | 212 / 615 | 489 / 129 | 22M | 13M |
| Q1 2026 | 1,394 | 219M | 65.6% | 160 / 531 | 579 / 337 | 41M | 44M |
| Q4 2025 | 1,593 | 248M | 74.1% | 296 / 660 | 537 / 133 | 25M | 26M |
| Q3 2025 | 1,453 | 249M | 74.5% | 398 / 528 | 434 / 125 | 73M | 25M |
| Q2 2025 | 1,202 | 202M | 60.3% | 288 / 441 | 416 / 93 | 23M | 31M |
| Q1 2025 | 1,017 | 209M | 62.6% | 196 / 416 | 360 / 154 | 35M | 28M |
| Q4 2024 | 993 | 204M | 61.0% | 354 / 254 | 362 / 49 | 55M | 37M |
| Q3 2024 | 704 | 189M | 56.6% | 167 / 293 | 205 / 67 | 53M | 34M |
| Q2 2024 | 607 | 183M | 54.7% | 149 / 262 | 160 / 48 | 41M | 32M |
| Q1 2024 | 512 | 174M | 52.1% | 201 / 166 | 116 / 52 | 53M | 23M |
| Q4 2023 | 367 | 144M | 43.0% | 93 / 138 | 96 / 38 | 23M | 13M |
| Q3 2023 | 318 | 134M | 39.9% | 108 / 85 | 96 / 32 | 28M | 42M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of APP | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 8,734,924 | 2.61% | $4.50B | 0.20% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 6,971,715 | 2.08% | $3.59B | 0.21% | Jun 30, 2026 |
| Invesco QQQ Trust, Series 1 | 6,489,828 | 1.94% | $3.34B | 0.68% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 3,700,275 | 1.11% | $1.91B | 0.21% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 3,467,998 | 1.04% | $2.13B | 0.26% | May 31, 2026 |
| Vanguard Growth Index Fund | 3,000,343 | 0.90% | $1.55B | 0.41% | Jun 30, 2026 |
| Fidelity Blue Chip Growth Fund | 2,807,641 | 0.84% | $1.11B | 1.13% | Jul 31, 2026 |
| Growth Fund of America | 2,731,720 | 0.82% | $1.67B | 0.46% | May 31, 2026 |
| American Balanced Fund | 2,434,416 | 0.73% | $1.25B | 0.44% | Jun 30, 2026 |
| American Funds Fundamental Investors | 2,189,150 | 0.65% | $1.13B | 0.62% | Jun 30, 2026 |
| Fidelity Advisor Growth Opportunities Fund | 1,934,128 | 0.58% | $1.19B | 3.36% | May 31, 2026 |
| State Street(R) Technology Select Sector SPDR(R) ETF | 1,857,376 | 0.56% | $956.98M | 0.77% | Jun 30, 2026 |
| New Economy Fund | 1,689,118 | 0.50% | $1.04B | 2.01% | May 31, 2026 |
| Vanguard Information Technology Index Fund | 1,620,985 | 0.48% | $993.81M | 0.58% | May 31, 2026 |
| Vanguard Institutional Index Fund | 1,460,565 | 0.44% | $752.53M | 0.21% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Arash Adam Foroughi | CEO, Director, 10% owner | 33,435,125 | 9.99% | Aug 21, 2026 |
| Matthew Stumpf | Chief Financial Officer (CFO) | 175,429 | 0.05% | Aug 21, 2026 |
| Corina I. Cacovean | Chief Legal Officer | 4,787 | 0.00% | Aug 21, 2026 |
| Xiaochuan Ge | CTO | 968,735 | 0.29% | Aug 21, 2026 |
| Vasily Shikin | Chief Technology Officer | 3,236,654 | 0.97% | May 27, 2026 |
| Dmitriy Dorosh | Principal Accounting Officer | 111,213 | 0.03% | May 22, 2026 |
| Katie Kihorany Jansen | Chief Marketing Officer | 968,189 | 0.29% | Nov 14, 2024 |
| Victoria Valenzuela | Director | 241,231 | 0.07% | Aug 21, 2026 |
| Herald Y. Chen | Director | 674,921 | 0.20% | Aug 14, 2026 |
| Eduardo Vivas | Director | 6,785,087 | 2.03% | Aug 7, 2026 |
| Barbara Messing | Director | 10,190 | 0.00% | Jul 17, 2026 |
| Maynard G. Webb Jr | Director | 123,642 | 0.04% | Jul 17, 2026 |
| Craig Scott Billings | Director | 4,232 | 0.00% | Jun 5, 2026 |
| Mary Margaret Hastings Georgiadis | Director | 191,210 | 0.06% | Jun 5, 2026 |
| Todd R. Morgenfeld | Director | 14,312 | 0.00% | Jun 5, 2026 |
| Dawson Alyssa Harvey | Director | 2,779 | 0.00% | Dec 10, 2025 |
| Associates Americas XII L.P. KKR | 10% owner | 68,237 | 0.02% | Nov 25, 2024 |
| Americas XII Ltd KKR | 10% owner | 43,355,379 | 12.96% | Nov 25, 2024 |
| Americas Fund XII L.P. KKR | 10% owner | 44,782,619 | 13.38% | Nov 25, 2024 |
| Denali Holdings L.P. KKR | 10% owner | 5,572,056 | 1.67% | Nov 25, 2024 |
| Denali Holdings GP LLC KKR | 10% owner | 29,782,619 | 8.90% | Nov 25, 2024 |
| Henry R. Kravis | 10% owner | 761,122 | 0.23% | Nov 25, 2024 |
| Group Co. Inc. KKR | 10% owner | 29,782,619 | 8.90% | Nov 25, 2024 |
| Group Partnership L.P. KKR | 10% owner | 23,072,056 | 6.89% | Nov 25, 2024 |
| George R. Roberts | 10% owner | 23,488,982 | 7.02% | Nov 25, 2024 |
| & Co. Inc. KKR | 10% owner | 108,050,489 | 32.29% | Nov 25, 2024 |
| Management LLP KKR | 10% owner | 44,782,619 | 13.38% | Nov 25, 2024 |
| Group Holdings Corp. KKR | 10% owner | 112,500,379 | 33.62% | Nov 25, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Arash Adam Foroughi CEO, Director, 10% owner | Aug 20, 2026 | Tax withholding | −2,730 | $308.77 | $842.94K | 2,324,954 |
| Victoria Valenzuela Director | Aug 20, 2026 | Tax withholding | −2,730 | $308.77 | $842.94K | 241,231 |
| Corina I. Cacovean Chief Legal Officer | Aug 20, 2026 | Tax withholding | −1,540 | $308.77 | $475.51K | 4,787 |
| Matthew Stumpf Chief Financial Officer (CFO) | Aug 20, 2026 | Tax withholding | −2,021 | $308.77 | $624.02K | 175,429 |
| Xiaochuan Ge CTO | Aug 20, 2026 | Tax withholding | −5,459 | $308.77 | $1.69M | 968,735 |
| Herald Y. Chen Director | Aug 13, 2026 | Gift | +100,000 | – | – | 100,000 |
| Herald Y. Chen Director | Aug 13, 2026 | Conversion | +143,791 | – | – | 251,245 |
| Herald Y. Chen Director | Aug 13, 2026 | Gift | −100,000 | – | – | 151,245 |
| Eduardo Vivas Director | Aug 7, 2026 | Gift | −213,675 | – | – | 6,571,412 |
| Eduardo Vivas Director | Aug 7, 2026 | Gift | +213,675 | – | – | 213,675 |
| Maynard G. Webb Jr Director | Jul 15, 2026 | Award | +41 | – | – | 3,198 |
| Barbara Messing Director | Jul 15, 2026 | Award | +40 | – | – | 10,190 |
| Maynard G. Webb Jr Director | Jul 6, 2026 | Sale(10b5-1 plan) | −1,140 | $523.49 | $596.78K | 120,706 |
| Maynard G. Webb Jr Director | Jul 6, 2026 | Sale(10b5-1 plan) | −412 | $522.42 | $215.24K | 121,846 |
| Maynard G. Webb Jr Director | Jul 6, 2026 | Sale(10b5-1 plan) | −120 | $521.49 | $62.58K | 122,258 |
| Maynard G. Webb Jr Director | Jul 6, 2026 | Sale(10b5-1 plan) | −138 | $520.60 | $71.84K | 122,378 |
| Maynard G. Webb Jr Director | Jul 6, 2026 | Sale(10b5-1 plan) | −240 | $519.56 | $124.69K | 122,516 |
| Maynard G. Webb Jr Director | Jul 6, 2026 | Sale(10b5-1 plan) | −182 | $518.63 | $94.39K | 122,756 |
| Maynard G. Webb Jr Director | Jul 6, 2026 | Sale(10b5-1 plan) | −202 | $517.19 | $104.47K | 122,938 |
| Maynard G. Webb Jr Director | Jul 6, 2026 | Sale(10b5-1 plan) | −380 | $516.25 | $196.18K | 123,140 |
| Maynard G. Webb Jr Director | Jul 6, 2026 | Sale(10b5-1 plan) | −262 | $524.12 | $137.32K | 120,444 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −8,198 | $506.45 | $4.15M | 6,833,388 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −9,319 | $505.46 | $4.71M | 6,841,586 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −9,693 | $504.42 | $4.89M | 6,850,905 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −11,122 | $503.50 | $5.60M | 6,860,598 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −6,991 | $502.61 | $3.51M | 6,871,720 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −5,895 | $501.43 | $2.96M | 6,878,711 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −4,869 | $500.39 | $2.44M | 6,884,606 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −348 | $520.30 | $181.06K | 6,785,087 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −40 | $519.50 | $20.78K | 6,785,435 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −547 | $518.22 | $283.47K | 6,785,475 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −70 | $517.60 | $36.23K | 6,786,022 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −100 | $516.81 | $51.68K | 6,786,092 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −408 | $515.14 | $210.18K | 6,786,192 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −5,311 | $514.35 | $2.73M | 6,786,600 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −5,260 | $513.39 | $2.70M | 6,791,911 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −10,683 | $512.54 | $5.48M | 6,797,171 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −17,871 | $499.46 | $8.93M | 6,889,475 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −19,421 | $498.52 | $9.68M | 6,907,346 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −13,628 | $497.50 | $6.78M | 6,926,767 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −4,695 | $496.49 | $2.33M | 6,940,395 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −3,754 | $495.49 | $1.86M | 6,945,090 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −153 | $494.84 | $75.71K | 6,948,844 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −6,177 | $511.59 | $3.16M | 6,807,854 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −6,456 | $510.43 | $3.30M | 6,814,031 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −6,523 | $509.54 | $3.32M | 6,820,487 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −2,156 | $508.50 | $1.10M | 6,827,010 |
| Eduardo Vivas Director | Jun 16, 2026 | Sale(10b5-1 plan) | −4,222 | $507.43 | $2.14M | 6,829,166 |
| Arash Adam Foroughi CEO, Director, 10% owner | Jun 12, 2026 | Sale | −2,471 | $496.09 | $1.23M | 2,334,535 |
| Arash Adam Foroughi CEO, Director, 10% owner | Jun 12, 2026 | Sale | −4,884 | $495.01 | $2.42M | 2,337,006 |
| Arash Adam Foroughi CEO, Director, 10% owner | Jun 12, 2026 | Sale | −2,820 | $494.01 | $1.39M | 2,341,890 |
| Arash Adam Foroughi CEO, Director, 10% owner | Jun 12, 2026 | Sale | −1,755 | $493.14 | $865.46K | 2,344,710 |
| Arash Adam Foroughi CEO, Director, 10% owner | Jun 12, 2026 | Sale | −2,003 | $491.94 | $985.36K | 2,346,465 |
| Arash Adam Foroughi CEO, Director, 10% owner | Jun 12, 2026 | Sale | −1,160 | $490.92 | $569.47K | 2,348,468 |
| Arash Adam Foroughi CEO, Director, 10% owner | Jun 12, 2026 | Sale | −600 | $489.94 | $293.96K | 2,349,628 |
| Arash Adam Foroughi CEO, Director, 10% owner | Jun 12, 2026 | Sale | −920 | $498.91 | $459.00K | 2,327,684 |
| Arash Adam Foroughi CEO, Director, 10% owner | Jun 12, 2026 | Sale | −1,674 | $498.03 | $833.70K | 2,328,604 |
| Arash Adam Foroughi CEO, Director, 10% owner | Jun 12, 2026 | Sale | −4,257 | $496.91 | $2.12M | 2,330,278 |
| Arash Adam Foroughi CEO, Director, 10% owner | Jun 12, 2026 | Sale | −269 | $488.65 | $131.45K | 2,350,228 |
| Arash Adam Foroughi CEO, Director, 10% owner | Jun 12, 2026 | Sale | −1,280 | $487.62 | $624.15K | 2,350,497 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Vasily Shikin associated, still within 90 window | Aug 21, 2026 | 117,598 | $35.60M | Aug 21, 2026 | Stock Award |
| Maynard G. Webb Jr Director | Jul 6, 2026 | 3,076 | $1.60M | Jul 6, 2026 | Investment |
| Vivas Eduardo Director | Jun 16, 2026 | 163,910 | $84.45M | Jun 16, 2026 | Acquired from shareholder in private transaction |
| Vivas Eduardo Director | Jun 16, 2026 | 1,496 | $770.74K | Jun 16, 2026 | Acquired as a gift |
| Adam Foroughi Arash Officer, Director | Jun 12, 2026 | 41,667 | $20.38M | Jun 12, 2026 | Performance Stock Units |
| Adam Foroughi Arash Officer, Director | Jun 11, 2026 | 41,666 | $20.20M | Jun 11, 2026 | Performance Stock Units |
| Jaf Childrens Trust The Affiliate | Jun 10, 2026 | 20,833 | $10.50M | Jun 10, 2026 | Founder Stock |
| Maynard G. Webb Jr Director | Jun 5, 2026 | 3,076 | $1.79M | Jun 5, 2026 | Investment |
| Valenzuela Victoria Officer | Jun 4, 2026 | 20,000 | $11.32M | Jun 4, 2026 | Restricted Stock Vesting Under a Registered Plan |
| Harvey Dawson Alyssa Director | Jun 4, 2026 | 720 | $410.49K | Jun 4, 2026 | Restricted Stock Vesting Under a Registered Plan |
| Stumpf Matthew Officer | May 28, 2026 | 9,052 | $5.14M | May 28, 2026 | Restricted Stock Units |
| Holdings Trust Ik50 Officer | May 22, 2026 | 8,972 | $4.36M | May 22, 2026 | Founders Shares |
| Holdings Trust Is37 Officer | May 22, 2026 | 8,972 | $4.36M | May 22, 2026 | Founders Shares |
| Holdings Trust Es48 Officer | May 22, 2026 | 8,972 | $4.36M | May 22, 2026 | Founders Shares |
| Shikin Vasily Officer | May 22, 2026 | 62,804 | $30.52M | May 22, 2026 | Restricted Stock Units |