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

AppLovin (APP) Price to Sales (2021 - 2026)

AppLovin's (APP) quarterly Price to Sales came in at 89.8 in Q2 2026, down 4.69% year-over-year from 94.22 in Q2 2025, and up 23.62% quarter-over-quarter from 72.65 in Q1 2026.

Analysis

AppLovin (APP) Price to Sales (2021 - 2026) Analysis & Trends

AppLovin (APP) has reported Price to Sales for 6 consecutive years, with 89.8 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Price to Sales fell 4.69% year-over-year to 89.8 in Q2 2026; TTM through Jun 2026 was 25.3, a 9.3% decrease from a year earlier, with the FY2025 full-year figure at 41.59, up 21.78% from the prior year.
  • Price to Sales was 89.8 for Q2 2026 at AppLovin, up from 72.65 in the prior quarter.
  • Over five years, Price to Sales peaked at 173.13 in Q3 2025 and troughed at 27.75 in Q4 2023.
  • A 5-year average of 52.29 and a median of 36.08 in 2022 frame the typical range for Price to Sales.
  • Across the five-year window, Price to Sales sank 595.06% in 2023 and surged 497.0% in 2024, its largest moves.
  • Over 5 years, Price to Sales stood at 5.61 in 2022, then slumped by 595.06% to 27.75 in 2023, then soared by 497.0% to 110.17 in 2024, then climbed by 24.8% to 137.5 in 2025, then slumped by 34.69% to 89.8 in 2026.
  • The last three Price to Sales figures came in at 89.8 (Q2 2026), 72.65 (Q1 2026), and 137.5 (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 89.80
Mar 31, 2026 72.65
Dec 31, 2025 137.50
Sep 30, 2025 173.13
Jun 30, 2025 94.22
Mar 31, 2025 77.36
Dec 31, 2024 110.17
Sep 30, 2024 52.44
Jun 30, 2024 39.11
Mar 31, 2024 21.52
Dec 31, 2023 -27.75
Sep 30, 2023 15.53
Jun 30, 2023 11.95
Mar 31, 2023 8.17
Dec 31, 2022 5.61
Sep 30, 2022 10.16
Jun 30, 2022 16.56
Mar 31, 2022 33.04
Dec 31, 2021 44.56
Sep 30, 2021 37.20