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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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, AppLovin Corporation (APP) trades at a price to free cash flow of 20.1×. Over the past ten years it has ranged from 0.0× (June 2024) to 114× (November 2021); the current reading is higher than 32% of that period. That is above the Advertising Agencies industry median of 8.7× and above the Communication Services sector median of 9.6×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 58.8× 9.19%
FY2024 53.9× —
FY2023 0.0× —
FY2022 8.8× (89.32%)
FY2022 82.3× 0.13%
FY2021 82.2× 33.70%
FY2021 61.5× 0.00%
FY2020 61.5× 0.00%
FY2020 61.5× 0.00%
FY2019 61.5× 0.00%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 39.0× 26.03%
Mar 2026 30.9× (47.40%)
Dec 2025 58.8× (20.58%)
Sep 2025 74.1× 73.79%
23 more quarters

Against its own ten years

Low 0.0× High 114×
Ten-year median 37.1×
Current reading's percentile 32

Price to free cash flow against peers

Company Price to free cash flow
WPP WPP PLC compare n/m
ZD Ziff Davis, Inc. compare 6.5×
TTD The Trade Desk compare 6.6×
QNST QuinStreet, Inc. compare 7.9×
OMC Omnicom Group Inc. compare 9.4×
DV DoubleVerify Holdings, Inc. compare 12.9×
STGW Stagwell Inc. compare 14.5×
MGNI Magnite, Inc. compare 16.7×
APP AppLovin Corporation 20.1×
Advertising Agencies industry median 8.7×
Communication Services sector median 9.6×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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