Market Cap for AppLovin (APP)
According to AppLovin's latest reported financial statements, the company's latest reported market cap is $229.03B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
APP
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Latest period
$229.03B
YoY change
-34.2%
5Y CAGR
+36.2%
Peak year (2025)
$230.43B
Latest annual
$151.64B
Market Cap history chart for AppLovin (APP) from 2021 to 2026
Market Cap history table for AppLovin (APP) from 2021 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $151.64B | -34.2% | ||
| 2025 | $230.43B | +104.6% | ||
| 2024 | $112.63B | +679.5% | ||
| 2023 | $14.45B | +269.3% | ||
| 2022 | $3.91B | -87.9% | ||
| 2021 | $32.31B | — |
Market Cap values are taken from AppLovin's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2026, AppLovin (APP) market cap totalled $151.64B – plunged 34.2% year-over-year.
Looking at the 2021–2026 (5 years) stretch, AppLovin market cap compounded at +36.2% per year, with the latest reading among the more recent periods of the dataset.
AppLovin market cap peaked at $230.43B in 2025; the latest annual figure is $151.64B in 2026 (34.2% below peak).
Across the available history, market cap reached its high of $230.43B in 2025 and its low of $3.91B in 2022.
Among 8 Technology peers, AppLovin (APP) ranks 9th; the peer median for market cap is $1.96T.
AppLovin Market Cap by Year
AppLovin Market Cap 2026: $151.64B
AppLovin market cap in 2026 was $151.64B, plunged 34.2% below 2025.
AppLovin Market Cap 2025: $230.43B
AppLovin market cap in 2025 was $230.43B, surged 104.6% from 2024. This figure represents the highest annual value in the available history.
AppLovin Market Cap 2024: $112.63B
AppLovin market cap in 2024 was $112.63B, surged 679.5% from 2023.
AppLovin Market Cap 2023: $14.45B
AppLovin market cap in 2023 was $14.45B, surged 269.3% from 2022.
AppLovin Market Cap 2022: $3.91B
AppLovin market cap in 2022 was $3.91B.
See more financial history for AppLovin (APP).
Sector peers — Market Cap
Companies in the same sector as AppLovin, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| NVIDIA Corporation (NVDA) | $5.18T | Technology |
| Apple Inc. (AAPL) | $3.98T | Technology |
| Microsoft Corporation (MSFT) | $3.15T | Technology |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.03T | Technology |
| Broadcom Inc. (AVGO) | $1.89T | Technology |
| Micron Technology, Inc. (MU) | $568.70B | Technology |
| ASML Holding N.V. (ASML) | $533.63B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $522.87B | Technology |
Frequently asked questions
What is AppLovin's market cap?
- Latest reported market cap for AppLovin (APP) is $229.03B (period ending December 31, 2025).
How has AppLovin market cap changed year-over-year?
- AppLovin (APP) market cap changed -34.2% year-over-year on the latest annual filing.
What is the long-term growth rate of AppLovin market cap?
- AppLovin (APP) market cap compound annual growth rate is +36.2% over the most recent 5 years available.
When did AppLovin market cap hit its highest annual value?
- AppLovin market cap reached its highest annual value of $230.43B in 2025.
What was AppLovin market cap in 2025?
- AppLovin (APP) market cap in 2025 was $230.43B.
What was AppLovin market cap in 2026?
- AppLovin (APP) market cap in 2026 was $151.64B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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APP Overview
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