Which has grown faster, APP or LITE?

Over the past five years, APP grew revenue faster — APP at a 25.84% CAGR versus LITE at 11.33%.

Is APP or LITE more profitable?

APP runs the higher net margin — APP at 64.58% versus LITE at -230.10%.

How have APP and LITE total returns compared?

Over the past 5 years, APP delivered 30.35% and LITE delivered 65.07% annualized total return. Past performance doesn't predict future results.

AppLovin Corporation (APP) vs Lumentum Holdings Inc. (LITE)

A side-by-side comparison of AppLovin Corporation and Lumentum Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

APP

AppLovin Corporation

$91.25B

$271.63TechnologyDelayed quote: Oct 2, 2026, 1:05 PM EDT

LITE

Lumentum Holdings Inc.

$84.72B

$1,088.96TechnologyDelayed quote: Oct 2, 2026, 1:05 PM EDT

Total return — APP vs LITE

growth of $100 · dividends reinvested · last 5y

APP +331.5% (+34.0%/yr)LITE +1030.6% (+62.4%/yr)LITE compounded faster over this window

APP LITE

APP vs LITE: by the numbers

•APP is the larger company ($91.25B vs $84.72B market cap).
•APP is profitable (64.58% net margin) while LITE runs a net loss (-230.10%).
•APP grew revenue faster over the past five years (25.84% vs 11.33% CAGR).

Metrics side by side

Valuation

Metric	APP	LITE
P/E ratio	20.88	N/A
Forward P/E	17.24	50.27
P/S ratio	13.36	28.11
P/B ratio	28.85	18.24
EV / EBITDA	16.91	117.44
FCF yield	4.93%	N/A

Profitability

Metric	APP	LITE
Gross margin	88.46%	41.67%
Operating margin	77.44%	17.41%
Net margin	64.58%	-230.10%
ROE	139.42%	-149.34%
ROIC	63.79%	8.17%

Growth (annualized)

Metric	APP	LITE
Revenue CAGR (5Y)	25.84%	11.33%
FCF CAGR (5Y)	73.58%	N/A
Total return CAGR (5Y)	30.35%	65.07%

Frequently asked

Which has grown faster, APP or LITE?: Over the past five years, APP grew revenue faster — APP at a 25.84% CAGR versus LITE at 11.33%.
Is APP or LITE more profitable?: APP runs the higher net margin — APP at 64.58% versus LITE at -230.10%.
How have APP and LITE total returns compared?: Over the past 5 years, APP delivered 30.35% and LITE delivered 65.07% annualized total return. Past performance doesn't predict future results.

Go deeper

Full APP analysis Full LITE analysis Interactive comparison tool

Dig into the metrics

AppLovin P/E ratio AppLovin ROE Lumentum ROE AppLovin operating margin Lumentum operating margin AppLovin revenue growth Lumentum revenue growth AppLovin free cash flow Lumentum free cash flow

AppLovin & Lumentum appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.