Communication Services
Live Price
Offline$450.00
+0.91% today
1Y Change
+27.38%
Window
Jun 30, 2025 → Jun 25, 2026
Coverage: 248 bars · Jun 30, 2025 → Jun 25, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
AppLovin Corporation Class A Common Stock (APP) is a Communication Services stock with a market cap of $159.72B and listed on NASDAQ. The stock last traded around $450.00 and up 27.4% across the available one-year price window (Jun 30, 2025 → Jun 25, 2026). Baseline metrics include revenue growth of +16.4%, EPS growth of +110.3%, a dividend yield of 0.0%. What stands out right now is revenue +16.4%, EPS +110.3%, free cash flow +88.3% with operating margin 75.8% and ROIC 58.2%. Valuation already assumes a fairly strong business story at P/E 48.2 and price/sales 27.5. Overall, the current profile looks closer to a quality compounder than a generic broad-market placeholder. Stock Foundry combines APP price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Communication Services peers on this page.
Benchmark Edge
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
Relative Read
APP is 8.53 pts ahead over the shared 1Y window.
APP had 40.85 pts deeper max drawdown than SPY.
APP beat SPY in 1 of 2 calendar years shown and trailed in 1.
APP
+27.38%
Normalized return
SPY
+18.85%
S&P 500
Excess Return
+8.53 pts
Relative to SPY
APP Max Drawdown
-49.99%
Trailing 1Y
SPY Max Drawdown
-9.13%
Trailing 1Y
Uses the longest available daily history for APP and SPY.
| Year | APP | SPY | Excess | Leader |
|---|---|---|---|---|
| 2026 | -27.88% | +6.71% | -34.59 pts | SPY |
| 2025 | +98.16% | +11.19% | +86.96 pts | APP |
Financial profile
Profitability, balance sheet stamina, and cash efficiency drawn from the latest filings.
FY Revenue
$2.8B
-0.9% YoY
FY Net Income
$35.4M
+118.4% YoY
Free Cash Flow
$360.5M
-12.5% YoY
Revenue Growth
+16.4%
EPS Growth
+110.3%
Gross Margin
87.9%
Net Margin
60.8%
Income statement
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 5.5B | 4.7B | 3.3B | 2.8B | 2.8B |
| Gross Profit | 4.8B | 3.5B | 2.2B | 1.6B | 1.8B |
| Operating Income | 4.2B | 1.9B | 648M | -48M | 150M |
| EBITDA | 4.4B | 2.3B | 1.1B | 514M | 581M |
| Net Income | 3.3B | 1.6B | 357M | -193M | 35M |
| EPS (Diluted) | — | — | — | — | — |
Balance sheet
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | 2.5B | 741M | 502M | 1.1B | 1.5B |
| Total Assets | 7.3B | 5.9B | 5.4B | 5.8B | 6.2B |
| Total Liabilities | 5.1B | 4.8B | 4.1B | 3.9B | 4.0B |
| Shareholder Equity | 2.1B | 1.1B | 1.3B | 1.9B | 2.1B |
| Total Debt | 3.5B | 3.6B | 3.2B | 3.3B | 3.3B |
| Net Debt | 1.1B | 2.8B | 2.7B | 2.2B | 1.8B |
Cash flow positioning
Latest Full Year
Operating Cash Flow
362M
-12.3% YoY
Capital Expenditures
1M
-110.0% YoY
Free Cash Flow
360M
-12.5% YoY
Key ratios
Gross Margin
87.9%
Operating Margin
75.8%
Net Margin
60.8%
ROE
249.2%
Debt / Equity
1.66x
Next Step
Use the numbers to decide whether this is a growth candidate, a quality compounder, or just an interesting outlier.