AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally. It operates through two segments, Advertising and Apps. The company offers Axon Ads Manager, a suite of marketing solutions that enables developers to automate, optimize, and manage marketing efforts; MAX, an in-app bidding technology that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform; and Wurl, a connected TV platform, which distributes streaming video for content companies, provides advertising and publishing solutions. It serves individuals, small and independent businesses, enterprises, advertisers and advertising networks, mobile app publishers, and indie studio developers. The company was incorporated in 2011 and is headquartered in Palo Alto, California.
Applovin Corporation (APP) reported trailing twelve months (TTM) revenue of $5.81B as of December 2025, which represents a 46.0% increase year-over-year. The company's operating margin has expanded to 76.9% from 44.3% a year ago. In terms of profitability, APP generated $3.33B in net income. Valuation-wise, the stock trades at a P/E ratio of 70.7x and a Price-to-Sales (P/S) ratio of 40.6x. The company generated $1.29B in free cash flow over the last twelve months, indicating its ability to reinvest in growth or return capital to shareholders. Data based on the most recent quarterly reports.
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