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) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, AppLovin Corporation (APP) trades at a EV/FCF of 27.1×. Over the past ten years it has ranged from −136× (May 2024) to 115× (November 2021); the current reading is higher than 39% of that period.

EV/FCF, daily

Embed this chart

Annual newest first

Period EV/FCF Change
FY2025 59.1× 6.98%
FY2024 55.3× —
FY2023 −47.8× —
FY2022 13.6× (83.88%)
FY2022 84.1× 0.12%
FY2021 84.0× 24.62%
FY2021 67.4× 0.00%
FY2020 67.4× 0.00%
FY2020 67.4× 0.00%
FY2019 67.4× 0.00%

Quarterly newest first

Period EV/FCF Change
Jun 2026 39.1× 25.62%
Mar 2026 31.2× (47.31%)
Dec 2025 59.1× (20.82%)
Sep 2025 74.7× 71.61%
23 more quarters

Against its own ten years

Low −136× High 115×
Ten-year median 38.4×
Current reading's percentile 33

EV/FCF against peers

Company EV/FCF
WPP WPP PLC compare −32.0×
LFTO Liftoff Mobile, Inc compare 0.0×
ZD Ziff Davis, Inc. compare 3.9×
TTD The Trade Desk compare 5.3×
OMC Omnicom Group Inc. compare 10.5×
DV DoubleVerify Holdings, Inc. compare 11.2×
STGW Stagwell Inc. compare 15.3×
MGNI Magnite, Inc. compare 17.6×
APP AppLovin Corporation 27.1×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

More on APP