AppLovin Corporation
APP Communication Services Advertising Agencies
In the quarter to June 2026, revenue grew 52.8%, EPS grew 55.8%, free cash flow grew 12.5% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; operating cash flow growth for five consecutive years.
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AppLovin Corporation (APP) Current ratio
AppLovin Corporation's current ratio at the end of the quarter to 30 June 2026 was 4.3×, up 1.0× from fiscal 2025 (3.3×). Over the past ten years it has ranged from 1.1× (fiscal 2020) to 5.1× (fiscal 2021); the current reading is higher than 64% of that period. That is above the Advertising Agencies industry median of 1.5× and above the Communication Services sector median of 1.3×.
Current ratio, annual
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Annual newest first
| Period | Current ratio | Change |
|---|---|---|
| FY2025 | 3.3× | 51.93% |
| FY2024 | 2.2× | 27.73% |
| FY2023 | 1.7× | (48.89%) |
| FY2022 | 3.3× | 0.01% |
| FY2022 | 3.3× | (33.74%) |
| FY2021 | 5.1× | (0.01%) |
| FY2021 | 5.1× | 355.95% |
| FY2020 | 1.1× | (0.01%) |
| FY2020 | 1.1× | (54.82%) |
| FY2019 | 2.5× | 0.09% |
Quarterly newest first
| Period | Current ratio | Change |
|---|---|---|
| Jun 2026 | 4.3× | 32.56% |
| Mar 2026 | 3.2× | (2.35%) |
| Dec 2025 | 3.3× | 2.22% |
| Sep 2025 | 3.2× | 18.79% |
| 20 more quarters | Free account |
Against its own ten years
Current ratio against peers
| Company | Current ratio |
|---|---|
| DV DoubleVerify Holdings, Inc. compare | 4.5× |
| APP AppLovin Corporation | 4.3× |
| ZD Ziff Davis, Inc. compare | 2.2× |
| TTD The Trade Desk compare | 1.7× |
| QNST QuinStreet, Inc. compare | 1.2× |
| MGNI Magnite, Inc. compare | 1.0× |
| OMC Omnicom Group Inc. compare | 0.9× |
| WPP WPP PLC compare | 0.9× |
| STGW Stagwell Inc. compare | 0.8× |
| Advertising Agencies industry median | 1.5× |
| Communication Services sector median | 1.3× |
| Market median | 1.6× |
What Current ratio is
Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.
Current Assets (Total) ÷ Current Liabilities (Total)
More on APP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement