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Saturday 17 October 2026 Export APP’s income statement to Excel — free account

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.

266.13 13.16 −4.71%
Market cap
$93.5B
P/E
20.4×
Fwd P/E
34.6×
Dividend yield
—
F-score
8/9
Altman Z
30.21
Beneish M
−2.41
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

AppLovin Corporation (APP) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, AppLovin Corporation (APP) trades at a EV/EBITDA of 16.6×. Over the past ten years it has ranged from 9.4× (December 2022) to 85.1× (June 2021); the current reading is higher than 17% of that period. That is above the Advertising Agencies industry median of 12.9× and above the Communication Services sector median of 8.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 50.6× 6.65%
FY2024 47.4× 267.90%
FY2023 12.9× 7.44%
FY2022 12.0× (77.24%)
FY2022 52.7× 0.12%
FY2021 52.7× (18.21%)
FY2021 64.4× 0.00%
FY2020 64.4× 0.00%
FY2020 64.4× 0.00%
FY2019 64.4× 0.00%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 32.0× 16.06%
Mar 2026 27.6× (45.46%)
Dec 2025 50.6× (17.32%)
Sep 2025 61.2× 78.35%
23 more quarters

Against its own ten years

Low 9.4× High 85.1×
Ten-year median 28.8×
Current reading's percentile 17

EV/EBITDA against peers

Company EV/EBITDA
WPP WPP PLC compare 0.8×
ZD Ziff Davis, Inc. compare 3.3×
TTD The Trade Desk compare 6.1×
STGW Stagwell Inc. compare 11.6×
DV DoubleVerify Holdings, Inc. compare 11.8×
QNST QuinStreet, Inc. compare 14.6×
APP AppLovin Corporation 16.6×
OMC Omnicom Group Inc. compare 18.1×
MGNI Magnite, Inc. compare 19.3×
Advertising Agencies industry median 12.9×
Communication Services sector median 8.4×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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