AppLovin Corp
Company Stats
- Market Cap
- $97.2B
- as of Sep 30, 2026
- Enterprise Value
- $98.3B
- Shares Outstanding
- 334.7M
- Free Float
- 68.2%
Income Statement
- Revenue
- $5.5B
- Operating Income
- $4.2B
- Net Income
- $3.3B
- EBITDA
- $4.3B
- Non-cash Impairment
- $188.9M
- Revenue Growth, 3Y
- 24.8%
Balance Sheet
- Cash & Equivalents
- $2.5B
- Total Debt
- $3.5B
- Net Debt
- $1.1B
- Net Debt / EBITDA
- 0.24x
- EV / EBITDA
- 22.60x
- Net Debt / EBIT
- 0.26x
Returns & Capital
- Share Repurchases
- $2.2B
- Buyback Yield, 3Y Avg
- 1.5%
- SBC, 3Y Avg
- $314.3M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $5.5B | — | — |
| FY2024 | $3.2B | $2.1B | 65.0% |
| FY2023 | $1.8B | $1.1B | 57.4% |
| FY2022 | $2.8B | $412.1M | 14.6% |
| FY2021 | $2.8B | $360.5M | 12.9% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 13, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Aci Lifts 2026 Guidance as Software Demand Stays Positive
Stronger demand supports expansion as pricing diverges