stockrowAppLovin 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
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AppLovin Corporation (APP) Debt to equity
AppLovin Corporation's debt to equity at the end of the quarter to 30 June 2026 was 1.1×, down 0.5× from fiscal 2025 (1.6×). Over the past ten years it has ranged from −10.7× (fiscal 2020) to 3.2× (fiscal 2024); the current reading is higher than 64% of that period. That is above the Advertising Agencies industry median of 0.0× and above the Communication Services sector median of 0.1×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 1.6× | (48.89%) |
| FY2024 | 3.2× | 29.62% |
| FY2023 | 2.5× | 45.93% |
| FY2022 | 1.7× | (3.22%) |
| FY2022 | 1.8× | 16.22% |
| FY2021 | 1.5× | (3.53%) |
| FY2021 | 1.6× | — |
| FY2020 | −10.1× | — |
| FY2020 | −10.7× | — |
| FY2019 | −4.6× | — |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 1.1× | (25.26%) |
| Mar 2026 | 1.5× | (9.66%) |
| Dec 2025 | 1.6× | (30.93%) |
| Sep 2025 | 2.4× | (20.79%) |
| 23 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| LFTO Liftoff Mobile, Inc compare | −255× |
| TTD The Trade Desk compare | 0.0× |
| DV DoubleVerify Holdings, Inc. compare | 0.0× |
| MGNI Magnite, Inc. compare | 0.4× |
| ZD Ziff Davis, Inc. compare | 0.4× |
| OMC Omnicom Group Inc. compare | 1.0× |
| APP AppLovin Corporation | 1.1× |
| WPP WPP PLC compare | 1.9× |
| STGW Stagwell Inc. compare | 2.0× |
| Advertising Agencies industry median | 0.0× |
| Communication Services sector median | 0.1× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (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
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement