AppLovin Corporation
APPCommunication ServicesNASDAQAdvertising Agencies · Last scanned Jun 3, 2026
Scan Results
Daily timeframeAppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally. The $203.46B market capitalization puts APP squarely in mega-cap range for its industry. It operates through two segments, Advertising and Apps.
Market Cap
$203.46B
Beta
2.37
P/E (TTM)
52.62
P/E (Fwd)
27.62
EPS (TTM)
$11.51
EPS (Fwd)
$21.93
ROE
266.4%
ROA
44.2%
Cash
$2.76B
Total Debt
$3.85B
Free CF
$3.18B
52W Change
45.4%
Annual Financials
Cash vs Debt
The company holds $2.76B in cash, though total debt stands at $3.85B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $3.18B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 266.4%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 44.2% further supports the picture of efficient asset utilization. Revenue has grown from $2.82B (2022) to $5.48B (2025), reflecting a 95% increase over the period.
A beta of 2.37 means APP is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence AppLovin Corporation's trajectory.