AppLovin (APP) EV to EBITDA (2021 - 2026)

AppLovin (APP) has reported EV to EBITDA for 6 consecutive years, with 113.57 the latest figure, recorded in Q2 2026.

• On a quarterly basis, EV to EBITDA fell 7.37% year-over-year to 113.57 in Q2 2026; TTM through Jun 2026 was 32.09, a 19.09% decrease from a year earlier, with the FY2025 full-year figure at 54.31, down 5.16% from the prior year.
• EV to EBITDA was 113.57 for Q2 2026 at AppLovin, up from 91.04 in the prior quarter.
• Over five years, EV to EBITDA peaked at 223.89 in Q3 2025 and troughed at 150.44 in Q1 2022.
• A 5-year average of 85.52 and a median of 85.97 in 2026 frame the typical range for EV to EBITDA.
• Across the five-year window, EV to EBITDA sank 122.03% in 2022 and surged 425.69% in 2024, its largest moves.
• Over 5 years, EV to EBITDA stood at 127.37 in 2022, then surged by 126.01% to 33.13 in 2023, then surged by 425.69% to 174.14 in 2024, then advanced by 1.53% to 176.81 in 2025, then plunged by 35.77% to 113.57 in 2026.
• The last three EV to EBITDA figures came in at 113.57 (Q2 2026), 91.04 (Q1 2026), and 176.81 (Q4 2025), per Business Quant data.