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Dividend Vision

APP Stock — AppLovin Corp.

AppLovin Corp. (APP)

Updated October 16, 2026.

APP is a Stock. Total return is 308.2% over the past 5.5 years, 210.7 points ahead of SPY at 97.5%.

AppLovin Corporation provides artificial intelligence-powered advertising solutions globally, operating through two main segments: an advertising platform that helps developers automate and optimize marketing efforts, and apps including MAX (an in-app bidding technology), Adjust (a measurement and analytics platform), and Wurl (a connected TV distribution and advertising solution). The company does not currently distribute to shareholders. AppLovin appeals primarily to growth-oriented investors seeking exposure to digital advertising and marketing technology infrastructure.

APP performance versus SPY

Price and return data through 2026-10-16.

Total return is 308.2% over the past 5.5 years, 210.7 points ahead of SPY at 97.5%. Over the past year its total return — price change plus distributions reinvested — is -56.1%. Its deepest 1-year drawdown was 64.3%.

WindowTotal returnCAGR
1M-18.5%—
3M-38.7%—
6M-42.9%—
YTD-60.5%—
1Y-56.1%—
2Y CAGR—35.60%
3Y CAGR—89.80%
5Y CAGR—23.70%
Since inception (5.5 years)308.2%29.10%

APP key facts

Asset type
Stock
Asset class
Equity
Inception date
04/15/2021
Distribution frequency
None
Last close
$266.13 (as of 2026-10-16)
Market cap
$81,021,415,590
Average volume
3503617.0
Beta
2.557
Payout ratio
0.0%
P/E ratio
20.46
Forward P/E
15.4321
EPS
$13.01

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

APP risks and drawbacks

The deepest 1-year drawdown on record here is 64.3%.

Who may consider APP — and who may not

It is a weaker fit for investors who need monthly cash flow (APP does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on APP

Tagged: Communication Services.

Frequently asked questions

Does APP pay monthly?

No. APP does not currently distribute.

When does APP pay a dividend?

APP does not currently distribute.

How has APP performed?

Total return is 308.2% over the past 5.5 years, 210.7 points ahead of SPY at 97.5%. Over the past year its total return — price change plus distributions reinvested — is -56.1%. Its deepest 1-year drawdown was 64.3%.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.