AppLovin (APP) Enterprise Value (2020 - 2026)
AppLovin (APP) posted quarterly Enterprise Value of -$2.8 billion for Q1 2026, down 400.64% year-over-year from $917.6 million in Q1 2025, and down 10.92% quarter-over-quarter from -$2.5 billion in Q4 2025.
AppLovin (APP) Enterprise Value (2020 - 2026) Analysis & Trends
AppLovin (APP) has reported Enterprise Value for 7 consecutive years, with -$2.8 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Enterprise Value fell 400.64% year-over-year to -$2.8 billion; the TTM figure through Mar 2026 stood at -$2.8 billion (down 400.64% YoY), while the FY2025 annual figure was -$2.5 billion, down 256.81% from the prior year.
- Enterprise Value declined to -$2.8 billion in Q1 2026 per APP's latest filing, from -$2.5 billion in the prior quarter.
- Across five years, Enterprise Value topped out at $160000.0 in Q1 2022 and bottomed at -$2.8 billion in Q1 2026.
- Historically, Enterprise Value has averaged -$928.4 million across 5 years, with a median of -$632.3 million in 2024.
- Annual changes were most pronounced in 2022 — Enterprise Value surged 100.02% — and 2023, when it tumbled 803977.98%.
- AppLovin's Enterprise Value stood at -$1.1 billion in 2022, then jumped by 53.53% to -$502.2 million in 2023, then sank by 38.81% to -$697.0 million in 2024, then tumbled by 256.81% to -$2.5 billion in 2025, then fell by 10.92% to -$2.8 billion in 2026.
- Business Quant data shows APP's Enterprise Value at -$2.8 billion in Q1 2026, -$2.5 billion in Q4 2025, and -$1.7 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 103.70 Bn | 100.65 Bn | 1.70 Bn | -3.05 Bn |
| 2 | Omnicom | 24.37 Bn | 21.03 Bn | 1.30 Bn | -2.73 Bn |
| 3 | Trade Desk | 6.27 Bn | 4.78 Bn | 530.72 Mn | -1.49 Bn |
| 4 | Wpp | 5.67 Bn | 2.50 Bn | - | -2.92 Bn |
| 5 | Magnite | 3.35 Bn | 3.02 Bn | 130.79 Mn | -332.62 Mn |
| 6 | Stagwell | 2.09 Bn | 1.98 Bn | 269.24 Mn | -89.16 Mn |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn | -210.17 Mn |
| 8 | Ziff Davis | 2.02 Bn | 410.50 Mn | 241.03 Mn | -1.61 Bn |
| 9 | Clear Channel Outdoor Holdings | 1.22 Bn | 1.02 Bn | 241.86 Mn | -185.74 Mn |
| 10 | Quinstreet | 1.17 Bn | 1.06 Bn | 41.34 Mn | -102.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -3.05 Bn |
| Mar 31, 2026 | -2.76 Bn |
| Dec 31, 2025 | -2.49 Bn |
| Sep 30, 2025 | -1.67 Bn |
| Jun 30, 2025 | -1.19 Bn |
| Mar 31, 2025 | -551.02 Mn |
| Dec 31, 2024 | -697.03 Mn |
| Sep 30, 2024 | -567.60 Mn |
| Jun 30, 2024 | -460.45 Mn |
| Mar 31, 2024 | -436.34 Mn |
| Dec 31, 2023 | -502.15 Mn |
| Sep 30, 2023 | -332.49 Mn |
| Jun 30, 2023 | -876.23 Mn |
| Mar 31, 2023 | -1.25 Bn |
| Dec 31, 2022 | -1.08 Bn |
| Jun 30, 2022 | 109,000.00 |
| Mar 31, 2022 | 160,000.00 |
| Dec 31, 2021 | -1.05 Bn |
| Sep 30, 2021 | -1.05 Bn |
| Jun 30, 2021 | -1.18 Bn |