Stocktoria
AppLovin Corp APP
Nasdaq · XNAS · stock · Services-Computer Programming, Data Processing, Etc. · website · IPO 2021-04-15
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8/9
Piotroski F — financial health
7.86
Altman Z″ — distress risk · safe
—
Dividend payout · no dividend
Valuation · market cap as of 2026-06-29
Market cap$160.3B
P / E48.1×
P / S29.2×
P / B75.1×
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Revenue | $5.5B | $3.2B | $1.8B | $2.8B | $2.8B |
| Operating income | $4.2B | $1.9B | $772.4M | -$47.8M | $150.0M |
| Net income | $3.3B | $1.6B | $356.7M | -$192.7M | $35.4M |
| Operating cash flow | $4.0B | $2.1B | $1.1B | $412.8M | $361.9M |
| Free cash flow | — | $2.1B | $1.1B | $412.1M | $360.5M |
| Total assets | $7.3B | $5.9B | $5.4B | $5.8B | $6.2B |
| Total liabilities | $5.1B | $4.8B | $4.1B | $3.9B | $4.0B |
| Shareholders' equity | $2.1B | $1.1B | $1.3B | $1.9B | $2.1B |
| Ratios | |||||
| Operating margin | 75.8% | 59.3% | 41.9% | -1.7% | 5.4% |
| Net margin | 60.8% | 49.0% | 19.4% | -6.8% | 1.3% |
| FCF margin | — | 65.0% | 57.4% | 14.6% | 12.9% |
| Return on assets | 45.9% | 26.9% | 6.7% | -3.3% | 0.6% |
| Return on equity | 156.2% | 145.0% | 28.4% | -10.1% | 1.7% |
| Debt / equity | 1.65× | 3.22× | 2.48× | 1.67× | 1.50× |
| Current ratio | 3.32 | 2.19 | 1.71 | 3.35 | 5.05 |
| Revenue growth | 70.0% | 75.1% | -34.6% | 0.9% | 92.5% |
Notable holders (13F)
| Investor | Shares | Value |
|---|---|---|
| COATUE MANAGEMENT LLC | 1,290,008 | $513.4M |
| TIGER GLOBAL MANAGEMENT LLC | 1,000,000 | $398.0M |
| RENAISSANCE TECHNOLOGIES LLC | 436,540 | $173.7M |
| Point72 Asset Management, L.P. | 346,300 | $137.8M |
Why these scores methodology →
Piotroski F-score: 8/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: 7.86 (safe)
- Working capital / assets 0.427
- Retained earnings / assets 0.239
- EBIT / assets 0.572
- Equity / liabilities 0.417
Sector peers
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Source: SEC EDGAR filings · CIK 0001751008 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.