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Applovin Corporation APP Price / earnings

Price / earnings at other companies

Amazon logo
AmazonAMZN
28.3×-2.3×
Reddit logo
RedditRDDT
36.4×
Axon Enterprise, Inc. logo
Axon Enterprise, Inc.AXON
165.8×+42.6×
Warner Bros. Discovery, Inc. logo
Warner Bros. Discovery, Inc.WBD
99.7×
Alphabet Inc. logo
Alphabet Inc.GOOGL

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%
Enterprise value$161.83B+44.8%
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.

Based on the most recent quarter.

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 price / earnings?
Applovin Corporation (APP) reported price / earnings of 33.9× in Q1 2026.
How has Applovin Corporation's price / earnings changed year-over-year?
Applovin Corporation's price / earnings decreased by 27.8% year-over-year, from 46.9× to 33.9×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.