AppLovin Corporation (APP) Enterprise Value (EV): $158.71B
The enterprise value (EV) for AppLovin Corporation (APP) is $158.71B as of Tuesday, June 23, 2026.
APP Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$158.71B
APP Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| AppLovin Corporation (APP) | $157.69B | $158.71B |
| Uber Technologies, Inc. (UBER)vs › | $145.40B | $175.36B |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $171.94B | $107.08B |
| SAP SE (SAP)vs › | $174.21B | $282.97B |
| Shopify Inc. (SHOP)vs › | $140.12B | $207.75B |
| Salesforce, Inc. (CRM)vs › | $122.95B | $211.52B |
| Palo Alto Networks, Inc. (PANW)vs › | $195.18B | $113.08B |
| Amphenol Corporation (APH)vs › | $204.17B | $169.00B |
| Arista Networks, Inc. (ANET)vs › | $206.52B | $162.87B |
| Cadence Design Systems, Inc. (CDNS)vs › | $107.30B | $84.29B |
Enterprise Value Calculation
Market Cap
$157.69B
Total Debt
$3.51B
Cash
$2.49B
Enterprise Value
$158.71B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
AppLovin Corporation Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
AppLovin Corporation Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for AppLovin Corporation (APP)?
- The enterprise value (EV) for APP stock is $158.71B.
Related Metrics
About AppLovin Corporation
AppLovin Corporation provides a specialized software platform focused on empowering mobile application developers to enhance the marketing and revenue generation of their products. With operations spanning the United States and international markets, the company assists mobile app developers worldwide. Among its core software offerings is AppDiscovery, a marketing solution that intelligently connects advertiser demand with publisher supply through an auction-based model. Another key product is Adjust, an analytics platform that enables marketers to scale their mobile apps by offering capabilities for performance measurement, campaign optimization, and user data protection. Additionally, MAX is an in-app bidding software engineered to maximize the value derived from an app's advertising inventory by facilitating real-time competitive auctions. Its client base is broad, serving advertisers, publishers, internet platforms, and other stakeholders. Founded in 2011, the enterprise maintains its headquarters in Palo Alto, California.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Adam Arash Foroughi