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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) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, AppLovin Corporation (APP) trades at a P/E ratio of 20.4×. Over the past ten years it has ranged from 0.0× (June 2023) to 1,341× (January 2022); the current reading is higher than 36% of that period. That is in line with the Advertising Agencies industry median of 20.1× and above the Communication Services sector median of 16.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 68.4× (1.14%)
FY2024 69.2× 85.56%
FY2023 37.3× —
FY2022 0.0× —
FY2022 1,341× 0.13%
FY2021 1,339× —
FY2021 0.0× —
FY2020 0.0× —
FY2020 0.0× —
FY2019 0.0× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 39.4× 16.08%
Mar 2026 34.0× (50.36%)
Dec 2025 68.4× (20.41%)
Sep 2025 85.9× 76.28%
23 more quarters

Against its own ten years

Low 0.0× High 1,341×
Ten-year median 40.7×
Current reading's percentile 0

P/E ratio against peers

Company P/E ratio
ZD Ziff Davis, Inc. compare 3.2×
QNST QuinStreet, Inc. compare 11.4×
TTD The Trade Desk compare 14.4×
MGNI Magnite, Inc. compare 20.0×
WPP WPP PLC compare 20.3×
APP AppLovin Corporation 20.4×
DV DoubleVerify Holdings, Inc. compare 37.5×
OMC Omnicom Group Inc. compare 67.7×
STGW Stagwell Inc. compare 128×
Advertising Agencies industry median 20.1×
Communication Services sector median 16.7×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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