AppLovin Corp (APP) stock
Close on Nov 11, 2026Market cap $135.46BP/E 27.2Yield –
AppLovin Corp grew revenue 57.8% to $7.61B over the twelve months to Sep 30, 2026. Operating income rose 68.9% to $5.92B, moving the operating margin from 72.7% to 77.8%. At the latest close the market valued the company at $135.46B, 27.2 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $135.46B
- P/E ratio
- 27.2
- Price to sales
- 17.80
- Price to book
- 41.06
- Dividend yield
- –
- Free cash flow yield
- –
Fundamentals
- Revenue
- $7.61B
- Net income
- $5.01B
- EPS, diluted
- $14.86
- Book value per share
- $9.85
- Diluted shares
- 335M
Trading
- Next earnings
- Feb 10, 2027 (estimated, after the close)
- Previous close
- $395.51
- Open
- $394.50
- Day's range
- $394.50 – $413.60
- Volume
- 4,675,780
- Average volume (20 days)
- 5,855,478
- Index membership
- S&P 500 (since Sep 2025), Nasdaq-100 (since Nov 2024), Russell 1000 (since Jun 2022), Russell 3000 (since Aug 2022)
- Beta (5 years)
- 2.45
- 52-week range
- $225.19 – $738.01
- RSI (14 days)
- 74.3
- Volatility (1 year)
- 80.2%
- Relative volume
- 0.81×
- WACC
- 16.8%
On 3 of our idea lists: Breakout quarter, Mega-cap growers, Superinvestor favorites
Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, QQQ, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2021, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | APP | S&P 500 | Difference | APP per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +46.1% | -2.4% | +48.5 pts | ||
| 3 months | +27.0% | -1.2% | +28.2 pts | ||
| Year to date | -39.9% | +12.3% | −52.2 pts | ||
| 1 year | -32.0% | +12.4% | −44.4 pts | ||
| 3 years | +824.3% | +78.8% | +745.5 pts | +109.9% | +21.4% |
| 5 years | +252.4% | +75.2% | +177.3 pts | +28.7% | +11.9% |
Eight years at a glance
Fiscal years 2018 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases AppLovin filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Update
- Results
- Results
About AppLovin
Services-Computer Programming, Data Processing, Etc.
AppLovin provides end-to-end artificial intelligence-powered software solutions designed to help businesses reach, engage, and monetize digital audiences globally. Its core offering is Axon Ads Manager, an automated user acquisition tool driven by a predictive recommendation engine. The company also operates MAX, a real-time in-app auction platform that optimizes ad inventory value for app publishers, alongside Adjust, a marketing analytics platform for attribution and ad measurement. Additionally, through its Wurl platform, it distributes streaming video content and delivers targeted ad solutions for connected television. Its customer base includes commercial advertisers seeking audience growth, ad networks procuring mediation inventory, and mobile application publishers aiming to monetize content.
Company profile, executives and historyAppLovin stock: common questions
What is AppLovin's stock price?
APP closed at $404.77 on Nov 11, 2026, up 2.34% on the day. Over the past 52 weeks it traded between $225.19 and $738.01.
What is AppLovin's market cap?
AppLovin was worth $135.46B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is APP's P/E ratio?
APP trades at 27.2 times earnings, based on diluted earnings per share of $14.86 over the twelve months to Sep 30, 2026.
How much revenue does AppLovin make?
AppLovin reported revenue of $7.61B for the twelve months to Sep 30, 2026, up 57.8% from a year earlier.
Does AppLovin pay a dividend?
No. AppLovin has not paid a cash dividend over the last twelve months.
When does AppLovin report earnings next?
AppLovin is expected to report Q4 FY2026 results on Feb 10, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has APP stock performed over the past year?
Including dividends, APP returned -32.0% over the past year, against +12.4% for the S&P 500.
How many APP shares are sold short?
11M shares were sold short at the latest FINRA report, 15.88% of the float, or 3.4 days of average trading volume.
Who are AppLovin's competitors?
Companies most similar to AppLovin by business, industry and size include TTD, ZM, NIQ, PINS, TBLA.
See a number that looks wrong?