Pricing Log in Create free account
Friday 6 November 2026 Export APP’s income statement to Excel — free account

AppLovin Corporation

APP Communication Services Advertising Agencies

AppLovin Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.5 billion, up 70.0% from fiscal 2024.

Revenue
+52.8%
EPS
+55.8%
Free cash flow
+12.5%
Total debt
+0.12%

Quarter to June 2026, against a year earlier

356.46 84.71 +31.17%
Market cap
$90.9B
P/E
27.3×
Fwd P/E
14.6×
Dividend yield
—
F-score
8/9
Altman Z
30.21
Beneish M
−2.41
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

AppLovin Corporation (APP) Current ratio

Alert me on 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 1.7× and above the Communication Services sector median of 1.3×.

Current ratio, annual

Embed this chart

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

Against its own ten years

Low 1.1× High 5.1×
Ten-year median 2.5×
Current reading's percentile 64

Current ratio against peers

Company Current ratio
DV DoubleVerify Holdings, Inc. compare 4.7×
APP AppLovin Corporation 4.3×
ZD Ziff Davis, Inc. compare 2.2×
TTD The Trade Desk compare 1.7×
LFTO Liftoff Mobile, Inc compare 1.4×
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 1.7×
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)

The full definition of Current ratio →

More on APP