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AppLovin Corporation APP NASDAQ

NASDAQ Global Select • Technology • Software - Application • US • USD

SharesGrow Score
84/100
5/7 Pass
SharesGrow Intrinsic Value
$895.44
+106.5%
Analyst Price Target
$662.36
+52.8%
SharesGrow 7-Criteria Score All 7 criteria scored · income-related highlighted on this page

AppLovin Corporation (APP) has shown exceptional revenue growth over the past 3 years, expanding from $2.8B to $5.5B (average +25.5%/yr). Net income reached $3.3B, reflecting exceptional earnings expansion at +239.3%/yr on average. The net profit margin is 60.8%, which is exceptional. the company was profitable in 3 out of the last 4 years tracked. The gross margin is 87.9% (high), with a +32.5pp trend over the period. With a $147B market cap and MOAT composite score of 86/100, the company has a strong competitive position.

Criteria proven by this page:

  • GROWTH (100/100, Pass) — proving strong growth momentum
  • PAST (75/100, Partial) — profitability has been inconsistent. Looking at the full 8-year history, the company was profitable in 5 of 8 years — a mixed long-term record
  • INCOME (100/100, Pass) — proves strong profitability and pricing power
  • MOAT (86/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 84/100 with 5/7 criteria passed.

84/100
SG Score
View full scorecard →
VALUE
67/100
Price-to-Earnings & upside
→ IV page
FUTURE
94/100
Analyst consensus
→ Forecast
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PAST
75/100
3/4 yrs profit
EPS $9.75
Proven by this page
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HEALTH
67/100
Debt-to-Equity & liquidity
→ Health
MOAT
86/100
Score: 86/100
GM 87.9% (+32.5pp)
Proven by this page
GROWTH
100/100
Rev +25.5%/yr
NI +239.3%/yr
Proven by this page
INCOME
100/100
Margin 60.8%
$5.5B
Proven by this page
AppLovin Corporation Earnings and Revenue History
Analyst Forecast →
Revenue  Actual & Estimate
Earnings & Profit Margin  Actual & Estimate
Metric TTM FY2025 FY2024 FY2023 FY2022
Revenue $5.81B$5.48B$4.71B$3.28B$2.82B
Gross Profit $5.02B$4.82B$3.54B$2.22B$1.56B
Gross Margin 86.5%87.9%75.2%67.7%55.4%
Operating Income $3.98B$4.15B$1.87B$648.21M$-8.65M
Net Income $3.33B$3.33B$1.58B$356.71M$-217.41M
Net Margin 57.4%60.8%33.5%10.9%-7.7%
EPS (Diluted) $9.75$9.75$4.53$0.98$-0.59
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