In 2025, AppLovin, the adtech stock that started as a mobile gaming company, had another successful year with a 108% increase in its stock price. The company sold its slow-growth games business, leveraged its AI platform, and expanded into new verticals like e-commerce. AppLovin also saw revenue jump 72% to $3.82 billion and GAAP net income rise 128% to $2.23 billion. With a profit margin of nearly 60%, the company’s focus is on growing its adtech business and delivering impressive results.

As AppLovin enters 2026, investors have high expectations for the stock after its recent success. The company is trading at a price-to-earnings ratio of 75 but is expected to deliver another solid year with its new products resonating in the market. AppLovin is growing fast in Asia, diversifying into new verticals, and there is potential for the stock to move even higher. While it may be expensive, the stock’s growth trajectory makes it an attractive investment option.

Read more at Nasdaq: Why AppLovin Stock Jumped 108% in 2025