AppLovin Corp (APP) stock

APPNasdaqServices-Computer Programming, Data Processing, Etc.Fiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 17/3027% below fair value

$404.77+9.26 (+2.34%)

Close on Nov 11, 2026Market cap $135.46BP/E 27.2Yield –

AppLovin statistics

94 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 10, 2027 (estimated, after the close)
Last ex-dividend date: No dividends
Fundamentals through: Sep 30, 2026
Share price as of: Nov 11, 2026

Valuation ratiosIndustry

Market Cap: $135.46B; $808.04M
Enterprise Value: $135.80B; $765.06M
PE Ratio: 27.24; 26.61
PS Ratio: 17.80; 2.34
PB Ratio: 41.06; 2.78
P/TBV Ratio: 93.67; 5.08
P/OCF Ratio: 27.63; 13.22

Enterprise valuationIndustry

EV / Sales: 17.85; 2.10
EV / EBITDA: 22.44; 16.27
EV / EBIT: 22.95; 21.27

Share statisticsIndustry

Shares Outstanding: 335M; 58M
Shares Change (YoY): -1.75%; 2.03%
Shares Change (QoQ): -1.18%; 0.07%
Float: 69M; 53M
Shares Held by Insiders: 79.3%; 13.1%
Shares Held by Institutions: 67.7%; 62.8%

Short sellingIndustry

Short Interest: 11M; –
Short Interest Change: -1.20%; -3.30%
Short % of Float: 15.9%; 5.81%
Short % of Shares Outstanding: 3.29%; 4.26%
Days to Cover: 3.38; 3.54

Stock price statisticsIndustry

52-Week High: $738.01; –
52-Week Low: $225.19; –
20-Day Moving Average: $292.50; –
50-Day Moving Average: $298.73; –
200-Day Moving Average: $407.34; –
Average True Range (14): $22.37; –
Price Change (1 Week): 48.9%; -1.14%
Price Change (1 Month): 48.7%; -0.89%
Price Change (3 Months): 29.5%; -7.73%
Price Change (6 Months): -10.8%; 1.79%
Price Change (YTD): -39.9%; -12.4%
Price Change (1 Year): -37.9%; -13.6%
Price Change (3 Years): 824.3%; -13.1%
Price Change (5 Years): 260.2%; -55.9%
Average Volume (10 Days): 9M; –
Average Volume (20 Days): 6M; –
Average Volume (90 Days): 6M; –
Relative Volume: 0.81; 0.73
Relative Strength Index (14): 74.3; 49.4
Volatility (1 Year): 80.2%; 65.3%
Beta (5 Years): 2.45; 1.20

MarginsIndustry

Gross Margin: 88.8%; 55.6%
Operating Margin: 77.8%; -2.02%
Pretax Margin: 78.0%; -0.57%
Profit Margin: 65.9%; -2.45%
EBITDA Margin: 79.5%; 0.85%

Returns on capitalIndustry

Return on Equity (ROE): 210.1%; 1.34%
Return on Assets (ROA): 67.2%; -3.09%
Return on Invested Capital (ROIC): 143.7%; -0.50%
Return on Capital Employed (ROCE): 83.6%; -0.55%

Financial positionIndustry

Current Ratio: 3.80; 1.38
Quick Ratio: 3.71; 0.93
Debt / Equity: 1.07; 0.52
Debt / EBITDA: 0.58; 2.61
Net Debt / EBITDA: 0.06; 1.45
Interest Coverage: 29.85; -0.56

GrowthIndustry

Revenue Growth (YoY): 57.8%; 9.48%
Net Income Growth (YoY): 77.1%; 9.19%
EPS Growth (YoY): 80.3%; 12.3%
Revenue Growth (3Y CAGR): 24.8%; 7.52%
Revenue Growth (5Y CAGR): 30.4%; 12.3%

EfficiencyIndustry

Asset Turnover: 1.02; 0.64
Revenue Per Employee: $8.47M; $396.32K
Profits Per Employee: $5.58M; -$6.25K
Employee Count: 898; 525
WACC: 16.8%; 10.2%

Income statement (TTM)Industry

Revenue: $7.61B; $257.79M
Gross Profit: $6.76B; $158.07M
Operating Income: $5.92B; -$578.69K
Pretax Income: $5.93B; -$282.31K
Net Income: $5.01B; -$296.46K
EBITDA: $6.05B; -$75.39K
EPS (Diluted): $14.86; $0.00

Balance sheetIndustry

Cash & Short-Term Investments: $3.17B; $40.48M
Total Debt: $3.52B; $179.41M
Net Cash (Debt): -$342.41M; $1.71M
Net Cash Per Share: -$1.02; $0.12
Equity (Book Value): $3.30B; $51.00M
Book Value Per Share: $9.86; $1.98
Tangible Book Value: $1.45B; $2.87M
Working Capital: $4.21B; $14.89M

Cash flow (TTM)Industry

Operating Cash Flow: $4.90B; $6.40M

Dividends and yieldsIndustry

Earnings Yield: 3.70%; 0.37%
Buyback Yield: 2.38%; 3.33%
Shareholder Yield: 2.38%; 3.67%

Taxes and interestIndustry

Interest Expense: $198.27M; $3.42M
Income Tax: $920.91M; $1.63M
Effective Tax Rate: 15.5%; 22.4%

Scores and fair valueIndustry

Graham Number: $57.41; $16.66
Graham Upside: -85.8%; -56.1%
Altman Z-Score: 19.58; 2.04
Piotroski F-Score: 9; 5
Beneish M-Score: -2.45; -2.82

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%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

11M APP shares were sold short on Oct 30, 2026, down 1.2% from the previous report, or 15.88% of the shares available to trade. At recent volumes it would take 3.4 days to buy them back. Over the last 20 sessions, 40.8% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	11,024,355	-1.2%	3,261,164	3.4
Oct 15, 2026	11,158,473	-3.9%	5,115,091	2.2
Sep 30, 2026	11,607,414	+6.1%	5,093,108	2.3
Sep 15, 2026	10,944,088	+3.7%	4,337,771	2.5
Aug 31, 2026	10,555,736	-7.2%	4,764,763	2.2
Aug 14, 2026	11,372,027	-4.5%	8,008,635	1.4
Jul 31, 2026	11,911,631	-5.2%	6,457,543	1.8
Jul 15, 2026	12,561,495	+3.7%	5,691,878	2.2
Jun 30, 2026	12,114,286	-5.7%	5,861,865	2.1
Jun 15, 2026	12,847,141	+0.2%	4,678,463	2.8
May 29, 2026	12,826,379	+7.2%	4,930,293	2.6
May 15, 2026	11,967,523	+7.1%	5,747,626	2.1