Applovin’s S&P 500 Inclusion Fuels Record-Breaking Rally

Financial Metrics Justify Premium Valuation

Applovin shares are experiencing unprecedented momentum following the landmark announcement of their inclusion in the S&P 500 index, effective September 22, 2025. This milestone caps off a remarkable year for the advertising technology company, whose stock has surged an astonishing 425%, establishing it as one of the market’s top performers.

The company’s explosive growth is reflected in its premium valuation multiples. Applovin currently trades at a price-to-earnings ratio of 47, significantly exceeding the industry average of 22.62, while its price-to-sales ratio stands at 41.

Key financial highlights underscore this impressive trajectory:

• Revenue grew 74% year-over-year to $2.4 billion for the first six months of 2025
• Adjusted EBITDA margins reached an impressive 81%
• Net margins expanded dramatically from 39% to 58% on... Read more...