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AppLovin Corporation

WBAG:APP Stock Report

Market Cap: €96.7b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

AppLovin Management

Management criteria checks 2/4

AppLovin's CEO is Adam Foroughi, appointed in Dec 2011, has a tenure of 14.75 years. total yearly compensation is $12.97M, comprised of 3.1% salary and 96.9% bonuses, including company stock and options. directly owns 10.93% of the company’s shares, worth €10.57B. The average tenure of the management team and the board of directors is 1.4 years and 5.7 years respectively.

Key information

Adam Foroughi

Chief executive officer

US$13.0m

Total compensation

CEO salary percentage3.08%
CEO tenure14.8yrs
CEO ownership10.9%
Management average tenure1.4yrs
Board average tenure5.7yrs

Recent management updates

No updates

Recent updates

No updates

CEO Compensation Analysis

How has Adam Foroughi's remuneration changed compared to AppLovin's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

US$4b

Mar 31 2026n/an/a

US$4b

Dec 31 2025US$13mUS$400k

US$3b

Sep 30 2025n/an/a

US$3b

Jun 30 2025n/an/a

US$3b

Mar 31 2025n/an/a

US$2b

Dec 31 2024US$11mUS$400k

US$2b

Sep 30 2024n/an/a

US$1b

Jun 30 2024n/an/a

US$838m

Mar 31 2024n/an/a

US$617m

Dec 31 2023US$83mUS$400k

US$456m

Sep 30 2023n/an/a

US$104m

Jun 30 2023n/an/a

US$20m

Mar 31 2023n/an/a

-US$82m

Dec 31 2022US$104kUS$100k

-US$193m

Sep 30 2022n/an/a

-US$85m

Jun 30 2022n/an/a

-US$108m

Mar 31 2022n/an/a

-US$73m

Dec 31 2021US$104kUS$100k

US$32m

Sep 30 2021n/an/a

-US$15m

Jun 30 2021n/an/a

-US$105m

Mar 31 2021n/an/a

-US$140m

Dec 31 2020US$409kUS$400k

-US$125m

Dec 31 2019US$410kUS$400k

US$76m

Compensation vs Market: Adam's total compensation ($USD12.97M) is above average for companies of similar size in the Austrian market ($USD4.99M).

Compensation vs Earnings: Adam's compensation has been consistent with company performance over the past year.


CEO

Adam Foroughi (45 yo)

14.8yrs
Tenure
US$12,969,001
Compensation

Mr. Adam Foroughi is a Co-Founder of AppLovin Corporation and has been its Chief Executive Officer and Director since December 2011 and was its Chairperson since March 2021 until April 2, 2026. Mr. Forough...


Leadership Team

NamePositionTenureCompensationOwnership
Adam Foroughi
Co-Founder14.8yrsUS$12.97m10.93%
€ 10.6b
Matthew Stumpf
Chief Financial Officer2.7yrsUS$12.99m0.052%
€ 50.7m
Victoria Valenzuela
Consultantless than a yearUS$13.02m0.071%
€ 68.2m
Dmitriy Dorosh
Vice President Controller & Principal Accounting Officer2.7yrsno data0.033%
€ 32.1m
Giovanni Ge
Chief Technology Officerless than a yearno datano data
David Hsiao
Head of Investor Relationsno datano datano data
Corina Cacovean
Chief Legal Officerless than a yearno data0.0014%
€ 1.4m
1.4yrs
Average Tenure
45yo
Average Age

Experienced Management: APP's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Adam Foroughi
Co-Founder14.8yrsUS$12.97m10.93%
€ 10.6b
Herald Chen
Director8.1yrsUS$349.89k0.24%
€ 235.3m
Maynard Webb
Independent Director1.4yrsUS$850.73k0.00048%
€ 464.1k
Todd Morgenfeld
Independent Director3yrsUS$394.89k0.0039%
€ 3.7m
Barbara Messing
Independent Director2.5yrsUS$369.34k0.0024%
€ 2.3m
Mary Georgiadis
Independent Director5.7yrsUS$383.78k0.057%
€ 55.1m
Craig Billings
Independent Chairperson5.8yrsUS$464.89k0.0011%
€ 1.1m
Eduardo Vivas
Independent Director8.1yrsUS$1.20m2.09%
€ 2.0b
5.7yrs
Average Tenure
54yo
Average Age

Experienced Board: APP's board of directors are considered experienced (5.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/16 03:46
End of Day Share Price 2026/09/16 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AppLovin Corporation is covered by 49 analysts. 32 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David MakArete Research Services LLP
Omar DessoukyBofA Global Research
William LampenBTIG

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