AppLovin (APP) Enterprise Value (2020 - 2026)
AppLovin (APP) reported 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 7 years of Enterprise Value data on file, last reported at -$2.8 billion in Q1 2026.
- Enterprise Value for Q1 2026 came in at -$2.8 billion, down 400.64% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.8 billion (down 400.64% YoY), and the FY2025 annual result was -$2.5 billion, down 256.81% from the prior year.
- Enterprise Value retreated to -$2.8 billion in Q1 2026 per APP's latest filing, from -$2.5 billion in the prior quarter.
- Over five years, Enterprise Value peaked at -$332.5 million in Q3 2023 and troughed at -$2.8 billion in Q1 2026.
- A 5-year average of -$1.1 billion and a median of -$943.5 million in 2022 frame the typical range for Enterprise Value.
- The sharpest annual moves came in 2024 and 2026: Enterprise Value soared 64.98% in 2024, then slumped 400.64% in 2026.
- A 5-year view of Enterprise Value shows it stood at -$1.1 billion in 2022, then soared by 53.53% to -$502.2 million in 2023, then plunged by 38.81% to -$697.0 million in 2024, then slumped by 256.81% to -$2.5 billion in 2025, then declined 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn | -2.76 Bn |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn | -3.65 Bn |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn | -1.41 Bn |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - | -3.58 Bn |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn | -133.31 Mn |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn | -184.65 Mn |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn | -519.72 Mn |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn | -173.80 Mn |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn | -90.62 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 1.02 Bn | 193.76 Mn | -170.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2022 | -943.51 Mn |
| Jun 30, 2022 | -951.45 Mn |
| Mar 31, 2022 | -1.41 Bn |
| Dec 31, 2021 | -1.52 Bn |
| Sep 30, 2021 | -1.05 Bn |
| Jun 30, 2021 | -1.18 Bn |