Applovin (APP) vs Flutter Entertainment (FLUT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Applovin (APP) has outperformed Flutter Entertainment (FLUT) over the past year, losing 55.5% versus a loss of 68.1%. Over five years, APP leads with a +206.3% price change compared with -62.1% for FLUT. Applovin is the larger company by market cap ($94.50 billion vs $13.16 billion), about 7.2 times the size.
On valuation, Flutter Entertainment trades at a lower forward P/E (10.7x vs 13.4x for Applovin). Applovin converts more of its revenue into profit, with a net margin of 60.8% versus -2.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | APP | FLUT |
|---|---|---|
| Share price | $281.29 | $75.85 |
| Market cap | $94.50B | $13.16B |
| 1-day change | +0.90% | -0.52% |
| YTD return | -58.25% | -64.73% |
| 1-year return | -55.48% | -68.12% |
| 5-year return | +206.28% | -62.11% |
| P/E ratio (TTM) | 21.42 | — |
| Forward P/E | 13.41 | 10.69 |
| EPS (TTM) | $13.13 | $-4.26 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $5.48B | $16.38B |
| Revenue growth (YoY) | +69.99% | +16.62% |
| Net income (latest FY) | $3.33B | $-407.00M |
| Gross margin | 87.86% | 45.19% |
| Operating margin | 75.75% | 0.22% |
| Net margin | 60.83% | -2.48% |
| 52-week high | $738.01 | $255.26 |
| 52-week low | $266.84 | $73.50 |
| Distance from 52-week high | -61.89% | -70.29% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +76.23% | +77.60% |
| Average volume | 5.91M | 2.97M |
| Shares outstanding | 305.73M | 173.54M |
| Employees | 876 | 28,518 |
| Sector | Technology | Technology |
| Industry | Computer Software: Programming Data Processing | Computer Software: Programming Data Processing |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Applovin is about 7.2 times larger than Flutter Entertainment by market value ($94.50B vs $13.16B).
- APP has outperformed FLUT by 12.6 percentage points over the past year.
- Applovin is more profitable, keeping 60.8 cents of every revenue dollar as net income versus -2.5 cents for Flutter Entertainment.
- Applovin grew revenue faster in its latest fiscal year (+69.99% vs +16.62%).
About Applovin
APP stock →AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally. It operates through two segments, Advertising and Apps.
Technology · Computer Software: Programming Data Processing · 876 employees
About Flutter Entertainment
FLUT stock →Flutter Entertainment plc operates as a sports betting and gaming company in the United States, the United Kingdom, Ireland, Australia, Italy, and internationally. It provides sportsbooks; iGaming products, such as blackjack, roulette, slot machines, poker, and rummy, as well as lottery products; and sports betting products, which include Betfair betting exchanges, daily fantasy sports, and horse racing wagering under the TVG brand.
Technology · Computer Software: Programming Data Processing · 28,518 employees
APP vs FLUT FAQ
Which is bigger, Applovin or Flutter Entertainment?
Applovin (APP) is larger, with a market capitalization of $94.50B compared with $13.16B for Flutter Entertainment (FLUT).
Which stock has performed better over the past year, APP or FLUT?
APP returned -55.48% over the past 12 months, compared with -68.12% for FLUT (price return, excluding dividends). Past performance does not predict future results.
Are Applovin and Flutter Entertainment in the same industry?
Yes. Both are classified in the Computer Software: Programming Data Processing industry within the Technology sector.