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
DateValue
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