AppLovin Corporation

AppLovin Corporation

APPS.TO
AppLovin CorporationCA flagToronto Stock Exchange
10.16
CAD
+0.29
- -
3.09BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.09
- -
- -
- -
- -
0.37
0.46
Basic EPS, GAAP
- -
-0.01
- -
- -
- -
- -
0.23
0.3
Free Cash Flow per Basic Share
- -
0.01
- -
- -
- -
- -
0.27
0.31
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.83
-1.56
5.7
5.09
3.7
3.2
6.31
9.43
Tangible Book Value per Share
-3.45
-5.29
-1.43
-4.28
-5.53
-2.47
0.59
3.84
Basic Weighted Avg Shares
- -
15,612
- -
- -
- -
- -
14,775
14,703
Sales/Revenue/Turnover
994
1,451
2,793
2,817
1,842
3,224
5,481
6,829
Operating Margin (%)
19.55
1.42
5.37
-1.7
41.94
59.27
75.75
77.44
Depreciation Expense
93
255
431
547
489
449
195
134
Net Income, GAAP
119
-125
35
-193
357
1,580
3,334
4,410
Effective Tax Rate (%)
5.7
- -
23.69
- -
8.73
1.39
13.15
15.38
Profit Margin (%)
11.97
-8.63
1.27
-6.84
19.4
49
60.83
64.58
Working Capital
347
65
2,595
1,360
672
1,255
3,097
4,138
LT Debt
1,181
1,656
3,264
3,233
2,949
3,540
3,531
3,515
Total Equity
-257
-158
2,138
1,903
1,256
1,090
2,135
3,163
Return on Invested Capital (%)
- -
- -
3.22
- -
14.33
39.74
65.33
78.82
Return on Capital (%)
- -
- -
3.26
- -
12.62
41.7
68.07
80.72
Return on Common Equity (%)
- -
- -
- -
-9.54
22.62
134.67
206.78
203.69

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
14
- -
- -
LT Borrowings
3,513
3,514
3,515
LT Finance Leases
18
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
338
336
335
Market Capitalization
5,398
3,051
3,824

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,431
4,848
5,392
Cash, Cash Equivalents & STI
2,487
2,759
3,053
Accounts Receivable, Net
1,819
1,958
2,171
Inventories
- -
- -
- -
Total Current Liabilities
1,334
1,494
1,254
Payables & Accruals
1,254
1,494
1,254
ST Debt
14
- -
- -
Deferred Revenue
48
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-282.74%
95.87%
Free Cash Flow
- -
83.66%
90.59%
Net Income, GAAP
- -
-120.82%
111.03%
Sales/Revenue/Turnover
- -
40.75%
69.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,058
711
835
1,373
3,224
2025
1,159
1,259
1,405
1,658
5,481
2026
1,842
1,924
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.03
- -
- -
2025
0.04
0.06
- -
0.07
0.23
2026
0.08
0.09
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Adam Foroughi
Full Time Employees
898
Sector
Technology
Industry
Software - Application
Address
Palo Alto CA United States of America
IPO Date
Oct 15, 2025
Business
AppLovin Corporation operates as an artificial intelligence-powered advertising technology company that provides end-to-end software solutions designed to help businesses acquire customers, monetize digital content and grow global audiences. The company’s principal offerings comprise Axon Ads Manager, a performance-marketing and user-acquisition platform powered by the Axon AI recommendation engine that matches advertiser demand with mobile-app and web publisher inventory through real-time auctions; MAX, an in-app bidding and mediation platform that enables mobile publishers to manage advertising demand, automate monetization, conduct real-time competitive auctions, improve yield and review ad quality; Adjust, a software-as-a-service mobile measurement, attribution, analytics and fraud-prevention platform for marketers and app developers; and Wurl, a connected-TV platform offering streaming-content distribution, advertising and publishing solutions, including AdPool CTV monetization and Global FAST Pass distribution for free ad-supported streaming television channels. The company serves enterprises, digital advertisers, advertising networks, mobile-app developers, game publishers, e-commerce advertisers, content companies and independent businesses worldwide. AppLovin earns substantially all of its revenue from its advertising solutions, with Axon Ads Manager serving as its principal revenue-generating product. The company operates from Palo Alto, California, with locations across the United States, North America, Asia and Europe, and employs personnel in 15 countries. AppLovin Corporation was incorporated in Delaware in 2011. In June 2025, AppLovin completed the sale of its Apps business to Tripledot, receiving cash consideration and an equity interest in Tripledot, and consequently repositioned itself as a focused advertising technology company. The company is expanding its AI-driven advertising capabilities into web-based e-commerce and social-media-related verticals, while continuing to develop its connected-TV operations through Wurl and the application of Axon AI to CTV advertising and monetization.