AppLovin Corporation(APP) Stock Research - Grey Stern Research

AppLovin Corporation (APP) Stock Analysis

$366.55 (7.62%)

APP Financial Performance


Use the table below to view AppLovin Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $366.55 -
52 Week Low $35.79 -
52 Week High $372.57 -
Market Cap $122.9 Billion 3/15
Gross Margin 77% 9/15
Profit Margin 36% 3/15
EBITDA margin 45% 1/15
Q3 - 2024 Revenue $1.2 Billion 4/15
Q3 - 2024 Earnings $434.4 Million 3/15
Q3 - 2024 Free Cash Flow $565.8 Million 1/15
Trailing 4 Quarters Revenue $4.3 Billion 6/15
Trailing 4 Quarters Earnings $1.2 Billion 4/15
Quarterly Earnings Growth 300% 2/15
Annual Earnings Growth 229% 6/15
Quarterly Revenue Growth 39% 1/15
Annual Revenue Growth 38% 2/15
Cash On Hand $567.6 Million 10/15
Short Term Debt $35.6 Million 4/15
Long Term Debt $3.5 Billion 2/15

AppLovin Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare AppLovin Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 106.73 4/15
PS 28.66 1/15
PB 131.05 1/15
PC 216.61 1/15
Liabilities to Equity 4.80 1/15
ROA 0.21 2/15
ROE 1.23 1/15
Current Ratio 1.21 15/15
Quick Ratio 0.13 15/15
Long Term Debt to Equity 3.70 1/15
Debt to Equity 3.74 1/15
Burn Rate -1.98 11/15
Cash to Cap 0.00 15/15
CCR 1.30 6/15
EV to EBITDA 235.34 5/15
EV to Revenue 29.35 1/15

Company Details

AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; Adjust, an analytics platform that helps marketers grow their mobile apps with solutions for measuring, optimizing campaigns, and protecting user data; and MAX, an in-app bidding software that optimizes the value of an app's advertising inventory by running a real-time competitive auction. Its business clients include various advertisers, publishers, internet platforms, and others. The company was incorporated in 2011 and is headquartered in Palo Alto, California.

CEO: Mr. Adam Arash Foroughi

Website: https://www.applovin.com

Address: 1100 Page Mill Road Palo Alto, CA

Exchange: NASDAQ Global Select

Industry: Software—Application

AppLovin Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to AppLovin Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Atlassian Corporation Plc TEAM $70.2 Billion
Intuit Inc. INTU $178.0 Billion
Workday, Inc. WDAY $68.4 Billion
Shopify Inc. SHOP $144.5 Billion
DocuSign, Inc. DOCU $16.3 Billion
Zoom Video Communications, Inc. ZM $25.3 Billion
Bill.com Holdings, Inc. BILL $9.2 Billion
Datadog, Inc. DDOG $52.7 Billion
Asana, Inc. ASAN $3.5 Billion
JFrog Ltd. FROG $3.4 Billion
Snowflake Inc. SNOW $58.1 Billion
C3.ai, Inc. AI $4.5 Billion
monday.com Ltd. MNDY $14.0 Billion
GitLab Inc. GTLB $10.2 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
APP Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 1.2 Billion $434.4 Million
Q2 2024 $ 1.1 Billion $309.9 Million
Q1 2024 $ 1.1 Billion $236.2 Million
Q4 2023 $ 953.3 Million $171.5 Million
Q3 2023 $ 864.3 Million $108.6 Million
Q2 2023 $ 750.2 Million $80.4 Million
Q1 2023 $ 715.4 Million -$4.5 Million
Q4 2022 $ 702.3 Million -$79.5 Million

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APP Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $567.6 Million $5.4 Billion $3.5 Billion $938.2 Million
Q2 2024 $460.4 Million $5.3 Billion $3.5 Billion $814.8 Million
Q1 2024 $436.3 Million $5.3 Billion $3.5 Billion $760.2 Million
Q4 2023 $502.2 Million $5.4 Billion $3.2 Billion $1.3 Billion
Q3 2023 $332.5 Million $5.0 Billion $3.2 Billion $1.1 Billion
Q2 2023 $876.2 Million $5.5 Billion $3.3 Billion $1.5 Billion
Q1 2023 $1.2 Billion $5.9 Billion $3.3 Billion $1.9 Billion
Q4 2022 $1.1 Billion $5.8 Billion $3.3 Billion $1.9 Billion

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APP Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $565.8 Million $15.1 Million $107.1 Million
Q2 2024 $439.4 Million -$15.1 Million $24.1 Million
Q1 2024 $392.8 Million $0 -$65.8 Million
Q4 2023 $343.7 Million -$244,000 $169.7 Million
Q3 2023 $196.8 Million -$2.3 Million -$543.7 Million
Q2 2023 $223.7 Million -$6.1 Million -$369.7 Million
Q1 2023 $286.5 Million -$2.2 Million $165.4 Million
Q4 2022 $161.8 Million -$1.4 Million $137.0 Million

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