AppLovin (APP) Enterprise Value (2020 - 2026)
AppLovin's (APP) quarterly Enterprise Value came in at -$2.8 billion in Q1 2026, down 400.64% year-on-year from $917.6 million in Q1 2025, and down 10.92% on a QoQ basis 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.
- On a quarterly basis, Enterprise Value fell 400.64% year-over-year to -$2.8 billion in Q1 2026; TTM through Mar 2026 was -$2.8 billion, a 400.64% decrease from a year earlier, with the FY2025 full-year figure at -$2.5 billion, down 256.81% from the prior year.
- Enterprise Value for Q1 2026 stood at -$2.8 billion, down from -$2.5 billion in the prior quarter.
- Over the last five years, Enterprise Value for APP reached as high as $160000.0 in Q1 2022 and fell as low as -$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.
- Across the five-year window, Enterprise Value soared 100.02% in 2022 and sank 803977.98% in 2023, its largest moves.
- Year by year, Enterprise Value stood at -$1.1 billion in 2022, then soared 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 decreased by 10.92% to -$2.8 billion in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were -$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 | 134.57 Bn | 131.82 Bn | 1.64 Bn | -2.76 Bn |
| 2 | Wpp | 26.03 Bn | 22.66 Bn | - | -3.37 Bn |
| 3 | Omnicom | 22.21 Bn | 18.26 Bn | 1.04 Bn | -3.94 Bn |
| 4 | Trade Desk | 7.97 Bn | 6.56 Bn | 506.89 Mn | -1.41 Bn |
| 5 | Magnite | 2.57 Bn | 2.39 Bn | 103.96 Mn | -184.65 Mn |
| 6 | Ziff Davis | 1.94 Bn | 1.42 Bn | 223.32 Mn | -519.72 Mn |
| 7 | Stagwell | 1.76 Bn | 1.66 Bn | 244.61 Mn | -97.34 Mn |
| 8 | DoubleVerify Holdings | 1.67 Bn | 1.50 Bn | 147.67 Mn | -173.80 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.20 Bn | 1.03 Bn | 193.76 Mn | -170.40 Mn |
| 10 | Criteo | 1.05 Bn | 737.13 Mn | 222.74 Mn | -311.71 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 |
| 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 |
| Mar 31, 2021 | -760.82 Mn |