AppLovin (APP) Price to Book (2021 - 2026)
AppLovin's (APP) quarterly Price to Book came in at 54.62 in Q2 2026, down 46.25% year-over-year from 101.62 in Q2 2025, and down 3.56% quarter-over-quarter from 56.63 in Q1 2026.
Analysis
AppLovin (APP) Price to Book (2021 - 2026) Analysis & Trends
AppLovin (APP) has reported Price to Book for 6 consecutive years, with 54.62 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Book fell 46.25% year-over-year to 54.62 in Q2 2026; TTM through Jun 2026 was 54.62, a 46.25% decrease from a year earlier, with the FY2025 full-year figure at 106.79, up 5.69% from the prior year.
- Price to Book was 54.62 for Q2 2026 at AppLovin, down from 56.63 in the prior quarter.
- Over five years, Price to Book peaked at 165.04 in Q3 2025 and troughed at 2.07 in Q4 2022.
- A 5-year average of 50.4 and a median of 32.04 in 2024 frame the typical range for Price to Book.
- Across the five-year window, Price to Book plunged 87.49% in 2022 and surged 872.56% in 2024, its largest moves.
- Over 5 years, Price to Book stood at 2.07 in 2022, then soared by 421.04% to 10.78 in 2023, then jumped by 837.21% to 101.04 in 2024, then increased by 5.69% to 106.79 in 2025, then plunged by 48.86% to 54.62 in 2026.
- The last three Price to Book figures came in at 54.62 (Q2 2026), 56.63 (Q1 2026), and 106.79 (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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.62 |
| Mar 31, 2026 | 56.63 |
| Dec 31, 2025 | 106.79 |
| Sep 30, 2025 | 165.04 |
| Jun 30, 2025 | 101.62 |
| Mar 31, 2025 | 155.81 |
| Dec 31, 2024 | 101.04 |
| Sep 30, 2024 | 46.68 |
| Jun 30, 2024 | 34.13 |
| Mar 31, 2024 | 29.95 |
| Dec 31, 2023 | 10.78 |
| Sep 30, 2023 | 12.24 |
| Jun 30, 2023 | 5.91 |
| Mar 31, 2023 | 3.08 |
| Dec 31, 2022 | 2.07 |
| Sep 30, 2022 | 3.85 |
| Jun 30, 2022 | 6.74 |
| Mar 31, 2022 | 10.27 |
| Dec 31, 2021 | 16.54 |
| Sep 30, 2021 | 13.20 |