AppLovin (APP) Stock Price vs Diluted EPS
Open the interactive overlay on autario.com.
AppLovin's diluted EPS grew 113% year-over-year, from $1.67 per share in Q1 2025 to $3.56 per share in Q1 2026. Over the same period, the stock price declined 50%, from $264.97 on the Q1 2025 report date to $398 on the Q1 2026 report date. This represents valuation compression, with the stock price failing to keep pace with earnings growth. From April 2021 through June 2026, AppLovin's stock price and diluted EPS showed a correlation of 0.84, indicating they generally moved together, though the recent divergence reflects a tightening of the valuation multiple as earnings accelerated.
Diluted EPS was $3.56/share as of 2026-03-31, +113% year over year. The stock moved +50% over the same window ($264.97 -> $398.00). The stock is now cheaper relative to Diluted EPS than a year ago (multiple compression).
Latest close: 604.29 USD (2026-06-02).
Diluted EPS | recent SEC reports
| Report date | Diluted EPS | Period |
|---|
| 2026-03-31 | 3.56 USD/share | Q1 10-Q |
| 2025-09-30 | 2.45 USD/share | Q3 10-Q |
| 2025-06-30 | 2.39 USD/share | Q2 10-Q |
| 2025-03-31 | 1.67 USD/share | Q1 10-Q |
| 2024-09-30 | 1.25 USD/share | Q3 10-Q |
| 2024-06-30 | 0.89 USD/share | Q2 10-Q |
| 2024-03-31 | 0.67 USD/share | Q1 10-Q |
| 2023-09-30 | 0.30 USD/share | Q3 10-Q |
Sources: autario.com/data/stock-app-applovin-daily-prices · autario.com/data/applovin-diluted-eps-sec-filings | data verified and hosted on autario.com.