What is Applovin Corporation's market cap?

Applovin Corporation (APP) has a market capitalization of $175.42B and trades on NASDAQ.

What is Applovin Corporation's revenue and profitability?

Applovin Corporation generated $6.2B in trailing twelve-month revenue with net income of $4.0B, representing a net margin of 64.3%. Gross margin stands at 88.4%. These figures are based on the Q1 2026 filing.

Who are Applovin Corporation's competitors?

Applovin Corporation's key competitors include Unity Software Inc., Amazon, Meta Platforms, Inc., and others. These companies compete in similar markets and product categories.

Who does Applovin Corporation partner with?

Applovin Corporation's notable partners include Meta Platforms, Inc., Google, Amazon.

What subsidiaries does Applovin Corporation have?

Applovin Corporation's subsidiaries include Adjust, Wurl.

Where is Applovin Corporation headquartered?

Applovin Corporation is headquartered in United States of America and employs approximately 1,745 people. It has been publicly traded since 2021.

Applovin Corporation

APP

AppLovin provides an end-to-end artificial intelligence-powered advertising platform designed to help businesses reach, monetize, and grow their global audiences.

Market cap

$175.42B+51.7%

Revenue$6.2B+66.4%

Net income$4.0B+106%

EPS (diluted)$11.64+110%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 6, 2026

Revenue$1.8BBeat by $68.7M EPS$3.56Beat by $0.12

Read the full report

Next report

Aug 6, 2026 (In 3 weeks)

Revenue estimate$1.9B

EPS estimate$3.72

Financials

Q1 2026

Income statement

See full

Revenue$1.8B+59.0%

Gross profit$1.6B+62.7%

Operating income$1.4B+71.4%

Net income$1.2B+109%

EPS (diluted)$3.56+113%

Balance sheet

See full

Cash & equivalents$2.8B+408%

Total debt$3.5B-5.3%

Total equity$2.4B+311%

Total assets$7.7B+35.1%

Cash flow

See full

Operating cash flow$1.3B+55.3%

Valuation & ratios

Valuation

See full

Market cap$175.42B+51.7%

Enterprise value$176.18B+49.4%

P/E44.3×-3.3×

P/S28.5×+1.3×

Profitability

See full

Gross margin88.4%+3.2pp

Operating margin77.1%+12.7pp

Net margin64.3%+12.5pp

Returns & leverage

See full

Return on equity269.7%-17.8pp

Debt / equity1.5×-5.0×

Current ratio3.2×+1.6×

Segments

By segment

See full

Reportable Segment$1.8B—

By geography

See full

Rest of the world$935.2M—

Competitors

By market cap

Alphabet Inc.$4.38T+99.8%

Amazon$2.62T+10.5%

Meta Platforms, Inc.$1.53T-15.3%

Applovin Corporation$175.42B+51.7%

Unity Software$12.9B+18.4%

The Trade Desk$9.0B-75.5%

Amplitude, Inc.$1.2B-29.8%

PubMatic$611.2M-1.8%

By revenue growth

Applovin Corporation+66.4%

Meta Platforms, Inc.+26.2%

Alphabet Inc.+17.5%

Amplitude, Inc.+16.4%

By net margin

Applovin Corporation64.29%+12.5pp

Alphabet Inc.37.92%+7.1pp

Meta Platforms, Inc.32.84%-6.3pp

The Trade Desk14.57%-1.5pp

Amazon10.65%+0.5pp

PubMatic-2.51%-16.3pp

Amplitude, Inc.-25.11%+5.9pp

Unity Software-34.99%-9.8pp

Profile

AppLovin provides an end-to-end artificial intelligence-powered advertising platform designed to help businesses reach, monetize, and grow their global audiences. The company's core value proposition lies in its proprietary AI recommendation engine, which optimizes the connection between advertisers and publishers to maximize return on advertising spend. By integrating marketing, measurement, and monetization tools, the company facilitates high-speed auctions and data-driven insights across the mobile and connected TV ecosystems.

Competitive position

AppLovin is a leading player in the mobile advertising ecosystem, leveraging a scaled AI-driven recommendation engine to compete with major digital advertising platforms.

GeographiesUnited States, Global

Customer segmentsMobile app developers, E-commerce companies, Streaming content providers, Enterprise advertisers

Business modelB2B, SaaS, Transaction-based advertising, Marketplace

SuppliersCloud infrastructure providers, Mobile operating system providers (iOS/Android), Data center operators

CustomersMobile game developers, E-commerce retailers, Streaming video services, Digital marketing agencies

CountryUnited States of America

Listed2021

Employees1.7K

CEOAdam Arash Foroughi

SectorTechnology

IndustrySoftware - Application

Websiteapplovin.com

FilingsSEC EDGAR

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Questions, answered.

What is Applovin Corporation's market cap?: Applovin Corporation (APP) has a market capitalization of $175.42B and trades on NASDAQ.
What is Applovin Corporation's revenue and profitability?: Applovin Corporation generated $6.2B in trailing twelve-month revenue with net income of $4.0B, representing a net margin of 64.3%. Gross margin stands at 88.4%. These figures are based on the Q1 2026 filing.
Who are Applovin Corporation's competitors?: Applovin Corporation's key competitors include Unity Software Inc., Amazon, Meta Platforms, Inc., and others. These companies compete in similar markets and product categories.
Who does Applovin Corporation partner with?: Applovin Corporation's notable partners include Meta Platforms, Inc., Google, Amazon.
What subsidiaries does Applovin Corporation have?: Applovin Corporation's subsidiaries include Adjust, Wurl.
Where is Applovin Corporation headquartered?: Applovin Corporation is headquartered in United States of America and employs approximately 1,745 people. It has been publicly traded since 2021.