AppLovin APP
NASDAQ APP
$305.09 -6.92 (-2.22%)
As of: Sep 9, 2026 · 3:59 PM EDT

AppLovin (APP) Enterprise Value (2021 - 2026)

AppLovin's (APP) quarterly Enterprise Value came in at $169.7 billion in Q2 2026, up 44.54% year-over-year from $117.4 billion in Q2 2025, and up 29.46% quarter-over-quarter from $131.1 billion in Q1 2026.

Analysis

AppLovin (APP) Enterprise Value (2021 - 2026) Analysis & Trends

AppLovin (APP) has reported Enterprise Value for 6 consecutive years, with $169.7 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Enterprise Value rose 44.54% year-over-year to $169.7 billion in Q2 2026; TTM through Jun 2026 was $169.7 billion, a 44.54% increase from a year earlier, with the FY2025 full-year figure at $225.5 billion, up 106.07% from the prior year.
  • Enterprise Value was $169.7 billion for Q2 2026 at AppLovin, up from $131.1 billion in the prior quarter.
  • Over five years, Enterprise Value peaked at $241.6 billion in Q3 2025 and troughed at $2.9 billion in Q4 2022.
  • A 5-year average of $69.8 billion and a median of $24.8 billion in 2024 frame the typical range for Enterprise Value.
  • Across the five-year window, Enterprise Value plunged 91.56% in 2022 and surged 738.95% in 2024, its largest moves.
  • Over 5 years, Enterprise Value stood at $2.9 billion in 2022, then surged by 356.6% to $13.0 billion in 2023, then surged by 738.95% to $109.4 billion in 2024, then surged by 106.07% to $225.5 billion in 2025, then retreated by 24.74% to $169.7 billion in 2026.
  • The last three Enterprise Value figures came in at $169.7 billion (Q2 2026), $131.1 billion (Q1 2026), and $225.5 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alphabet 3,988.57 Bn 3,559.53 Bn 73.85 Bn
2 AppLovin 102.43 Bn 99.38 Bn 1.70 Bn
3 Trade Desk 6.51 Bn 5.03 Bn 530.72 Mn
4 Magnite 3.38 Bn 3.05 Bn 130.79 Mn
5 DoubleVerify Holdings 2.06 Bn 1.85 Bn 161.31 Mn
6 Digital Turbine 1.28 Bn 1.24 Bn -
7 Taboola.com 1.03 Bn 897.53 Mn 139.48 Mn
8 Quinstreet 1.02 Bn 890.87 Mn 49.81 Mn
9 Ibotta 916.56 Mn 768.39 Mn 69.72 Mn
10 Mntn 867.15 Mn 629.87 Mn 66.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 169.70 Bn
Mar 31, 2026 131.09 Bn
Dec 31, 2025 225.47 Bn
Sep 30, 2025 241.58 Bn
Jun 30, 2025 117.41 Bn
Mar 31, 2025 89.10 Bn
Dec 31, 2024 109.42 Bn
Sep 30, 2024 43.23 Bn
Jun 30, 2024 27.35 Bn
Mar 31, 2024 22.33 Bn
Dec 31, 2023 13.04 Bn
Sep 30, 2023 13.09 Bn
Jun 30, 2023 8.09 Bn
Mar 31, 2023 4.60 Bn
Dec 31, 2022 2.86 Bn
Sep 30, 2022 6.30 Bn
Jun 30, 2022 11.90 Bn
Mar 31, 2022 19.25 Bn
Dec 31, 2021 33.84 Bn
Sep 30, 2021 25.99 Bn