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Revenue growth rate vs Stock price (indexed)

Konvoy VenturesDecember 2026
Revenue growth rate vs Stock price (indexed)
Chart by Konvoy Ventures. Source: AppLovin’s $27bn Penalty For Not Being Perfect

The chart tracks AppLovin's indexed revenue growth rate and stock price from Q2 '25 to Q2 '26 (indexed to Q2 2025 = 100). While stock price peaked at 201 in Q4 '25 before dropping to 155 in Q2 '26, revenue growth rate continuously declined from 100 to 69.

LabelValue shown on the chart
Q2 '25 Revenue growth rate100
Q3 '25 Revenue growth rate88
Q4 '25 Revenue growth rate86
Q1 '26 Revenue growth rate77
Q2 '26 Revenue growth rate69
Q2 '25 Stock price100
Q3 '25 Stock price158
Q4 '25 Stock price201
Q1 '26 Stock price199
Q2 '26 Stock price155

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