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
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
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