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%

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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

Insider Decisions trades per month

Total sells 574.15

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	13	2	—	—	10	—	4	6	1	—	—	—

Insider Ownership 20.60%

Capital & Financial Ratios $m

Market Cap 93,460.00

Revenue 6,829.12

Net Income 4,409.95

Free Cash Flow 4,527.59

Net Debt 461.77

Current Ratio 4.30

Debt/Equity 1.11

P/E ratio 20.36

Fwd P/E 34.60

P/S ratio 13.09

P/B ratio 28.25

Past 5Y EPS Growth —

This Y EPS Growth 61.47%

Next Y EPS Growth 27.14%

Next Y revenue growth 47.70%

Next 5Y EPS Growth 36.97%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 0.22%

10-year low 10-year high

P/S against its own 10 years 55.85%

10-year low 10-year high

P/B against its own 10 years 52.22%

10-year low 10-year high

EV/Sales against its own 10 years 51.37%

10-year low 10-year high

EV/FCF against its own 10 years 21.83%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	502	697	2,487	3,053
Receivables	954	1,283	1,819	2,171
Inventory	—	—	—	—
Other	—	—	—	—
	1,616	2,312	4,431	5,392

	2023	2024	2025	Q'26
Payables	372	504	747	779
ST’ Debt	215	—	—	—
Other	—	—	—	—
	944	1,057	1,334	1,254

Compound Annual Growth %

	10y	5y	3y
Sales	18.62%	30.45%	24.84%
Cash Flow	34.93%	77.90%	112.68%
Earnings	45.95%	0.00%	0.00%
Book Value	0.00%	0.00%	3.91%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,842	1,924	—	—	—
’25	1,159	1,259	1,405	1,658	5,481
’24	1,058	711	835	620	3,224
’23	715	750	864	—	1,842
’22	625	776	713	702	2,817
’21	604	669	727	793	2,793
’20	260	299	382	510	1,451

Fiscal quarters ending in the months shown.

value withheld pending a data check

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,291	869	—	—	—
’25	832	772	1,053	1,314	3,971
’24	393	455	551	701	2,099
’23	289	230	199	344	1,062
’22	(32)	107	174	163	413
’21	62	90	125	85	362
’20	46	40	37	100	223

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,291	869	—	—	—
’25	832	772	1,053	1,285	3,943
’24	393	439	532	671	2,069
’23	295	191	183	336	1,002
’22	(31)	106	174	(1,140)	(892)
’22	—	—	—	—	413
’21	62	88	123	99	372

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	3.56	3.76	—	—	—
’25	1.67	2.39	2.45	3.24	9.75
’24	0.67	0.89	1.25	1.73	4.53
’23	(0.01)	0.22	0.30	0.49	0.98
’22	(0.31)	(0.06)	0.06	(0.21)	(0.52)
’21	(0.05)	0.04	0.00	0.08	0.09
’20	0.02	(0.10)	(0.42)	(0.09)	(0.59)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	49.41	9.14	9.22	37.40	200.50	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	116.09	98.14	45.11	417.64	745.61
People
People	Employees	—	—	—	—	902	1,594	1,707	1,745	788	380
	Revenue/emp, $m	—	—	—	0.00	1.61	1.75	1.65	1.06	4.09	14.42
Income, $m
Income, $m	Revenue	—	—	—	994	1,451	2,793	2,817	1,842	3,224	5,481
	Gross margin, %	—	—	—	75.73	61.71	64.62	55.41	80.64	83.85	87.86
	EBT	—	—	—	126	(136)	46	(205)	502	1,612	3,953
	EBT margin, %	—	—	—	12.70	(9.35)	1.66	(7.28)	27.23	50.00	72.12
	Net income	—	0	—	119	(126)	35	(193)	357	1,580	3,334
	Depreciation	—	—	—	98	263	444	560	489	449	384
Per share, $
Per share, $	Revenue	—	—	—	4.71	6.75	8.60	7.58	5.23	9.57	16.18
	Earnings	—	—	—	0.56	(0.59)	0.10	(0.52)	1.01	4.68	9.84
	Cash flow	—	—	—	0.94	1.04	1.11	1.11	3.02	6.23	11.72
	Capex	—	—	—	(0.02)	(0.02)	0.03	(3.51)	(0.17)	(0.09)	(0.08)
	Free cash flow	—	—	—	0.92	1.02	1.15	(2.40)	2.85	6.14	11.64
	Book value	—	—	—	(1.22)	(0.74)	6.58	5.12	3.57	3.23	6.30
	Shares, m	—	—	—	211	215	325	372	352	337	339
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	1,338.92	0.00	37.29	69.19	68.41
	P/S	—	—	—	8.08	8.08	10.96	1.42	7.41	33.84	41.65
	P/B	—	—	—	0.00	0.00	14.32	2.10	10.86	100.11	106.94
	EV/Sales	—	—	—	8.86	8.86	11.20	2.18	8.83	34.72	41.87
	EV/FCF	—	—	—	67.40	67.40	83.99	13.55	(47.79)	55.27	59.13
Cash, $m
Cash, $m	Operating cash flow	—	—	—	198	223	362	413	1,062	2,099	3,971
	Capex	—	—	—	(3)	(3)	11	(1,305)	(60)	(30)	(28)
	Free cash flow	—	—	—	195	220	372	(892)	1,002	2,069	3,943
Balance, $m
Balance, $m	Working capital	—	—	—	347	65	2,595	1,360	672	1,255	3,097
	Total debt	—	—	—	1,181	1,599	3,236	3,239	3,121	3,509	3,513
	Net debt	—	—	—	784	1,282	665	2,158	2,619	2,812	1,026
	Shareholders’ equity	—	—	—	(257)	(159)	2,138	1,903	1,256	1,090	2,135
Returns, %
Returns, %	ROA	—	—	—	6.35	(7.46)	0.76	(3.21)	6.37	28.14	50.79
	ROIC	—	—	—	23.02	(3.45)	3.34	(0.74)	12.46	30.61	82.10
	ROE	—	—	—	(11.64)	20.62	4.01	(9.54)	22.58	134.67	206.78

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
APP AppLovin Corporation	$93.5B	20.4×	34.6×	+52.82% (above 0%: growing)	+55.79% (above 0%: growing)	+12.54% (above 0%: growing)	88.26%	77.68%
OMC Omnicom Group Inc.	$22.2B	67.7×	8.5×	+63.43% (above 0%: growing)	+58.33% (above 0%: growing)	−357.80% (below 0%: shrinking)	19.78%	14.06%	Compare
TTD The Trade Desk	$6.2B	14.4×	19.9×	+3.03% (above 0%: growing)	−22.22% (below 0%: shrinking)	+29.84% (above 0%: growing)	74.22%	14.21%	Compare
WPP WPP PLC	$5.9B	20.3×	7.5×	+7.31% (above 0%: growing)	−56.60% (below 0%: shrinking)	−21.98% (below 0%: shrinking)	14.73%	0.00%	Compare
MGNI Magnite, Inc.	$3.5B	20.0×	21.5×	+11.24% (above 0%: growing)	+75.00% (above 0%: growing)	+6,786.00% (above 0%: growing)	67.83%	16.19%	Compare
STGW Stagwell Inc.	$2.2B	128×	20.8×	+11.25% (above 0%: growing)	n/m	−53.97% (below 0%: shrinking)	34.24%	1.47%	Compare
DV DoubleVerify Holdings, Inc.	$2.1B	37.5×	21.3×	+2.52% (above 0%: growing)	+60.00% (above 0%: growing)	+63.97% (above 0%: growing)	83.24%	11.88%	Compare
ZD Ziff Davis, Inc.	$2.0B	3.2×	18.8×	−2.74% (below 0%: shrinking)	+2,623.81% (above 0%: growing)	+100.30% (above 0%: growing)	84.06%	(15.60%)	Compare
QNST QuinStreet, Inc.	$932.2M	11.4×	12.0×	+42.67% (above 0%: growing)	+450.00% (above 0%: growing)	+84.60% (above 0%: growing)	13.32%	5.11%	Compare
Median of peers	$2.9B	20.1×	19.4×	+9.28%	+60.00%	+46.91%	51.04%	8.50%

All 42 Advertising Agencies stocks →