AppLovin (APP) Common Equity (2019 - 2026)
AppLovin's (APP) quarterly Common Equity came in at $3.2 billion in Q2 2026, up 171.01% year-over-year from $1.2 billion in Q2 2025, and up 33.83% quarter-over-quarter from $2.4 billion in Q1 2026.
Analysis
AppLovin (APP) Common Equity (2019 - 2026) Analysis & Trends
AppLovin (APP) has reported Common Equity for 8 consecutive years, with $3.2 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Common Equity rose 171.01% year-over-year to $3.2 billion in Q2 2026; TTM through Jun 2026 was $3.2 billion, a 171.01% increase from a year earlier, with the FY2025 full-year figure at $2.1 billion, up 95.87% from the prior year.
- Common Equity was $3.2 billion for Q2 2026 at AppLovin, up from $2.4 billion in the prior quarter.
- Over five years, Common Equity peaked at $3.2 billion in Q2 2026 and troughed at $575.4 million in Q1 2025.
- A 5-year average of $1.6 billion and a median of $1.5 billion in 2023 frame the typical range for Common Equity.
- Across the five-year window, Common Equity surged 1648.19% in 2022 and plunged 59.96% in 2024, its largest moves.
- Over 5 years, Common Equity stood at $1.9 billion in 2022, then slumped by 33.97% to $1.3 billion in 2023, then decreased by 13.25% to $1.1 billion in 2024, then jumped by 95.87% to $2.1 billion in 2025, then jumped by 48.17% to $3.2 billion in 2026.
- The last three Common Equity figures came in at $3.2 billion (Q2 2026), $2.4 billion (Q1 2026), and $2.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,004.40 Bn | 3,575.36 Bn | 73.85 Bn | 640.48 Bn |
| 2 | AppLovin | 106.30 Bn | 103.24 Bn | 1.70 Bn | 3.16 Bn |
| 3 | Trade Desk | 6.50 Bn | 5.01 Bn | 530.72 Mn | 2.57 Bn |
| 4 | Magnite | 3.37 Bn | 3.04 Bn | 130.79 Mn | 936.27 Mn |
| 5 | DoubleVerify Holdings | 2.06 Bn | 1.85 Bn | 161.31 Mn | 1.09 Bn |
| 6 | Digital Turbine | 1.34 Bn | 1.30 Bn | - | 200.33 Mn |
| 7 | Taboola.com | 1.05 Bn | 917.00 Mn | 139.48 Mn | 937.99 Mn |
| 8 | Quinstreet | 1.02 Bn | 889.44 Mn | 49.81 Mn | 323.09 Mn |
| 9 | Ibotta | 936.81 Mn | 788.64 Mn | 69.72 Mn | 241.57 Mn |
| 10 | Mntn | 873.06 Mn | 635.78 Mn | 66.30 Mn | 334.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.16 Bn |
| Mar 31, 2026 | 2.36 Bn |
| Dec 31, 2025 | 2.13 Bn |
| Sep 30, 2025 | 1.47 Bn |
| Jun 30, 2025 | 1.17 Bn |
| Mar 31, 2025 | 575.42 Mn |
| Dec 31, 2024 | 1.09 Bn |
| Sep 30, 2024 | 938.21 Mn |
| Jun 30, 2024 | 814.84 Mn |
| Mar 31, 2024 | 760.20 Mn |
| Dec 31, 2023 | 1.26 Bn |
| Sep 30, 2023 | 1.10 Bn |
| Jun 30, 2023 | 1.52 Bn |
| Mar 31, 2023 | 1.90 Bn |
| Dec 31, 2022 | 1.90 Bn |
| Sep 30, 2022 | 1.88 Bn |
| Jun 30, 2022 | 1.91 Bn |
| Mar 31, 2022 | 2.01 Bn |
| Dec 31, 2021 | 2.14 Bn |
| Sep 30, 2021 | 2.05 Bn |