What’s the current market cap for AppLovin stock?

AppLovin (APP) has a market cap of $162B as of May 21, 2026.

What is the P/E ratio for AppLovin stock?

The price to earnings (P/E) ratio for AppLovin (APP) stock is 41.43 as of May 21, 2026.

Does AppLovin stock pay dividends?

No, AppLovin (APP) stock does not pay dividends to its shareholders as of May 21, 2026.

When is the next AppLovin dividend payment date?

AppLovin (APP) stock does not pay dividends to its shareholders.

What is the beta indicator for AppLovin?

AppLovin (APP) has a beta rating of 2.37. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

Buy AppLovin stock | $APP Share Price

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About AppLovin

AppLovin is a vertically integrated advertising technology company that acts as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange facilitating transactions between the two. About 80% of AppLovin's revenue comes from the DSP, AppDiscovery, while the remainder comes from the SSP, Max. AppLovin's primary tool for future growth is AXON 2, which is an ad optimizer operating within the DSP that allows advertisers to place ads according to specified return thresholds.

Ticker

$APP

Sector

Software & Cloud Services

Primary listing

NASDAQ

Employees

887

Headquarters

Palo Alto, United States

Website

www.applovin.com

AppLovin Metrics

BasicAdvanced

$162bn

41.43

$11.64

2.37

What the Analysts think about AppLovin

Analyst ratings (Buy, Hold, Sell) for AppLovin stock.

Bulls say / Bears say

AppLovin exceeded market expectations for fourth-quarter sales, driven by strong demand for its AI-powered DSP (AppDiscovery) and SSP (MAX) platforms, confirming the scalability of its vertically integrated ad-tech business model.

In October 2025, AppLovin joined the S&P 500, marking its rise to a large-cap, blue-chip technology company with a market capitalization surpassing $200 billion—validating its standing as a leader in AI-driven advertising.

Management projected Q1 2026 revenue between $1.745 billion and $1.775 billion, pointing to approximately 18.6% year-over-year growth and ongoing momentum for its AXON 2 ad optimizer and e-commerce initiatives.

The Securities and Exchange Commission’s probe into AppLovin’s data-collection practices remains "active and ongoing," representing a significant regulatory risk that could result in enforcement actions or limit its advertising business.

AppLovin missed market estimates for its fourth-quarter sales, indicating lower demand for its advertising services as competition from major tech companies and new ad platforms intensifies.

Despite surpassing forecasts, AppLovin shares dropped almost 6% in after-hours trading following its Q4 earnings, reflecting investor doubts about its valuation and growth outlook.

Data summarised monthly by Lightyear AI. Last updated on 24 Apr 2026.

AppLovin Financial Performance

Revenues and expenses

QuarterlyAnnual

Q3 24

QoQ growth

Revenue

$37bn

-39.75%

Net income

$45bn

107.52%

Profit margin

37.65%

6.78%

AppLovin Earnings Performance

Company profitability

QuarterlyAnnual

Q4 23

Q1 24

Q2 24

Q3 24

Q4 24

Actual

$3.69

$2.85

$2.45

$2.42

Expected

$3.55

$2.61

$2.05

$2.31

$3.94

Surprise

3.94%

9.20%

19.51%

4.63%

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.

Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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Bulls say / Bears say

AppLovin missed market estimates for its fourth-quarter sales, indicating lower demand for its advertising services as competition from major tech companies and new ad platforms intensifies.

Despite surpassing forecasts, AppLovin shares dropped almost 6% in after-hours trading following its Q4 earnings, reflecting investor doubts about its valuation and growth outlook.

Data summarised monthly by Lightyear AI. Last updated on 24 Apr 2026.