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
- +55.5%
- EPS
- +74.6%
- Free cash flow
- +12.5%
- Total debt
- +0.12%
Quarter to September 2026, against a year earlier
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AppLovin Corporation (APP) Return on invested capital
AppLovin Corporation's return on invested capital over the twelve months to 30 September 2026 was 101.6%, up 19.5 percentage points from fiscal 2025 (82.1%). Over the past ten years it has ranged from −3.45% (fiscal 2020) to 82.1% (fiscal 2025) — the current reading is the highest in ten years. That is above the Advertising Agencies industry median of 0.00% and above the Communication Services sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 82.1% | 51.49 |
| FY2024 | 30.6% | 18.15 |
| FY2023 | 12.5% | 13.20 |
| FY2022 | −0.74% | (0.74) |
| FY2022 | 0.00% | (3.34) |
| FY2021 | 3.34% | 3.34 |
| FY2021 | 0.00% | 3.45 |
| FY2020 | −3.45% | (3.45) |
| FY2020 | 0.00% | (23.02) |
| FY2019 | 23.0% | 23.02 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| APP AppLovin Corporation | 101.6% |
| TTD The Trade Desk compare | 33.7% |
| MGNI Magnite, Inc. compare | 9.66% |
| DV DoubleVerify Holdings, Inc. compare | 7.30% |
| OMC Omnicom Group Inc. compare | 5.98% |
| STGW Stagwell Inc. compare | 3.95% |
| ZD Ziff Davis, Inc. compare | 0.00% |
| LFTO Liftoff Mobile, Inc compare | 0.00% |
| WPP WPP PLC compare | 0.00% |
| Advertising Agencies industry median | 0.00% |
| Communication Services sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement