AppLovin APP
NASDAQ APP
$320.56 +6.98 (+2.23%)
At close: Sep 4, 2026 · 4:00 PM EDT

AppLovin (APP) Market Capitalization (2021 - 2026)

AppLovin's (APP) quarterly Market Capitalization came in at $172.8 billion in Q2 2026, up 45.66% year-over-year from $118.6 billion in Q2 2025, and up 29.07% quarter-over-quarter from $133.8 billion in Q1 2026.

Analysis

AppLovin (APP) Market Capitalization (2021 - 2026) Analysis & Trends

AppLovin (APP) has reported Market Capitalization for 6 consecutive years, with $172.8 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Market Capitalization rose 45.66% year-over-year to $172.8 billion in Q2 2026; TTM through Jun 2026 was $172.8 billion, a 45.66% increase from a year earlier, with the FY2025 full-year figure at $228.0 billion, up 107.02% from the prior year.
  • Market Capitalization was $172.8 billion for Q2 2026 at AppLovin, up from $133.8 billion in the prior quarter.
  • Over five years, Market Capitalization peaked at $243.2 billion in Q3 2025 and troughed at $3.9 billion in Q4 2022.
  • A 5-year average of $70.9 billion and a median of $25.3 billion in 2024 frame the typical range for Market Capitalization.
  • Across the five-year window, Market Capitalization slumped 88.86% in 2022 and jumped 712.99% in 2024, its largest moves.
  • Over 5 years, Market Capitalization stood at $3.9 billion in 2022, then surged by 244.04% to $13.5 billion in 2023, then jumped by 712.99% to $110.1 billion in 2024, then surged by 107.02% to $228.0 billion in 2025, then retreated by 24.22% to $172.8 billion in 2026.
  • The last three Market Capitalization figures came in at $172.8 billion (Q2 2026), $133.8 billion (Q1 2026), and $228.0 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alphabet 4,074.35 Bn 3,645.31 Bn 73.85 Bn
2 AppLovin 107.48 Bn 104.43 Bn 1.70 Bn
3 Trade Desk 6.78 Bn 5.29 Bn 530.72 Mn
4 Magnite 3.46 Bn 3.13 Bn 130.79 Mn
5 DoubleVerify Holdings 2.07 Bn 1.86 Bn 161.31 Mn
6 Digital Turbine 1.28 Bn 1.24 Bn -
7 Quinstreet 1.06 Bn 929.83 Mn 49.81 Mn
8 Taboola.com 972.14 Mn 839.09 Mn 139.48 Mn
9 Mntn 960.26 Mn 722.98 Mn 66.30 Mn
10 Viant Technology 907.77 Mn 920.10 Mn 45.54 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 172.75 Bn
Mar 31, 2026 133.85 Bn
Dec 31, 2025 227.96 Bn
Sep 30, 2025 243.25 Bn
Jun 30, 2025 118.60 Bn
Mar 31, 2025 89.66 Bn
Dec 31, 2024 110.12 Bn
Sep 30, 2024 43.80 Bn
Jun 30, 2024 27.81 Bn
Mar 31, 2024 22.77 Bn
Dec 31, 2023 13.54 Bn
Sep 30, 2023 13.42 Bn
Jun 30, 2023 8.97 Bn
Mar 31, 2023 5.85 Bn
Dec 31, 2022 3.94 Bn
Sep 30, 2022 7.24 Bn
Jun 30, 2022 12.85 Bn
Mar 31, 2022 20.67 Bn
Dec 31, 2021 35.36 Bn
Sep 30, 2021 27.04 Bn