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Debt-to-equity at other companies

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1.9×-0.8×
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0.2×-0.2×
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3.2×+0.8×
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Other financials

Income statement

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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

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Cash & equivalents$2.8B+408%
Total debt$3.5B-5.3%
Total equity$2.4B+311%
Total assets$7.7B+35.1%

Cash flow

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Operating cash flow$1.3B+55.3%
CapEx$1.2M+389%
Free cash flow$523.6M+52.3%

Valuation

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Market cap$133B-0.5%
Enterprise value$133.75B-1.6%
P/E33.6×-21.5×
P/S21.6×-9.9×

Profitability

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Gross margin88.4%+3.2pp
Operating margin77.1%+12.7pp
Net margin64.3%+12.5pp
FCF margin58.1%

Returns & leverage

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Return on equity269.7%-17.8pp
Current ratio3.2×+1.6×

Where this comes from

Calculated from Applovin Corporation’s reported figures.

Based on the most recent quarter.

The source filing: Applovin Corporation’s 10-Q, filed May 6, 2026. Open the filing →

Filed
May 6, 2026, 5:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001751008-26-000044

FAQ

What is Applovin Corporation's debt-to-equity?
Applovin Corporation (APP) reported debt-to-equity of 1.5× in Q1 2026.
How has Applovin Corporation's debt-to-equity changed year-over-year?
Applovin Corporation's debt-to-equity decreased by 76.9% year-over-year, from 6.4× to 1.5×.
What is the long-term trend for Applovin Corporation's debt-to-equity?
Over 4 years (2021 to 2025), Applovin Corporation's debt-to-equity has grown at a 2.3% compound annual growth rate (CAGR), from 1.6× to 1.7×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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