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Applovin Corporation APP Enterprise value

Enterprise value at other companies

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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+409%
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%

Valuation

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Market cap$161.08B+49.0%
P/E40.7×-15.7×
P/S26.1×-3.0×

Profitability

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

Returns & leverage

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Return on equity269.7%-17.8pp
Debt / equity1.5×-5.0×
Current ratio3.2×+1.6×

Where this comes from

Calculated from Applovin Corporation’s reported figures.

The official record: Applovin Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Applovin Corporation's enterprise value?
Applovin Corporation (APP) reported enterprise value of $134.99B in Q1 2026.
How has Applovin Corporation's enterprise value changed year-over-year?
Applovin Corporation's enterprise value increased by 44.8% year-over-year, from $93.25B to $134.99B.
What is the long-term trend for Applovin Corporation's enterprise value?
Over 3 years (2022 to 2025), Applovin Corporation's enterprise value has grown at a 134.0% compound annual growth rate (CAGR), from $53.69B to $687.62B.
What does enterprise value mean?
What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?
The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?
Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.