APP monthly performance report
Check APP's monthly returns, drawdown, and seasonality trends — updated every month.
APP monthly report
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Key takeaways
- AppLovin Corporation (APP) closed September 2026 at $308.06, down 1.28% for the month and −50.43% over the trailing 12 months.
- Year-to-date, APP is −54.28%, underperforming the S&P 500 which has returned +11.70% YTD.
- The stock is trading −35.63% versus its 200-day moving average ($478.60), a cautious technical signal.
- Over the past three years, APP has outperformed the S&P 500 by +528.28%, with a relative strength index reading of 407.7.
- Win rate over the trailing 39 months stands at 59% — 23 positive months versus 16 negative months.
AppLovin Corporation ended September 2026 at $308.06, posting a monthly return of −1.28%. The S&P 500 returned −0.70% over the same window, leaving relative performance at −0.58%.
The current quarter stands at −40.21% (Q3 2026 (QTD)), while medium-term trend remains soft: price is −35.63% versus the 200-day moving average ($478.60).
Year-to-date, APP is −54.28% against SPY +11.70%, a gap of −65.98%. The stock is currently −58.68% below its 52-week high, with maximum 3-year drawdown at −59.30%.
| Period | APP | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | −4.21% | −0.12% | −4.09% |
| 1 Week | −4.91% | −0.34% | −4.57% |
| 1 Month | −1.28% | −0.70% | −0.58% |
| 3 Months | −40.21% | +2.80% | −43.00% |
| 6 Months | −32.84% | +13.85% | −46.69% |
| YTD | −54.28% | +11.70% | −65.98% |
| 12 Months | −50.43% | +15.01% | −65.45% |
| 3 Years | +599.98% | +71.69% | +528.28% |
| Rank | Month | Return |
|---|---|---|
| #1 | Nov 2024 | +98.80% |
| #2 | Sep 2025 | +50.14% |
| #3 | May 2025 | +45.93% |
| #4 | Feb 2024 | +45.20% |
| #5 | Sep 2024 | +40.57% |
| Rank | Month | Return |
|---|---|---|
| #1 | Jan 2026 | −29.79% |
| #2 | Jul 2026 | −23.16% |
| #3 | Aug 2026 | −21.18% |
| #4 | Mar 2025 | −18.66% |
| #5 | Jun 2026 | −15.96% |
| Quarter | Return |
|---|---|
| Q2 2025 | +32.12% |
| Q3 2025 | +105.25% |
| Q4 2025 | −6.22% |
| Q1 2026 | −40.93% |
| Q2 2026 | +29.45% |
| Q3 2026 (QTD) | −40.21% |
| Year | Return |
|---|---|
| 2023 | +278.44% |
| 2024 | +712.62% |
| 2025 | +108.08% |
| 2026 | −54.28% |
| Metric | Value |
|---|---|
| 52-Week High | $745.61 (2025-09-29) |
| 52-Week Low | $297.50 (2026-08-24) |
| Current Price | $308.06 |
| 200-Day Moving Average | $478.60 |
| Price vs 200DMA | −35.63% |
| 3-Year Maximum Drawdown | −59.30% (2026-08-24) |
| Current Drawdown from 52W High | −58.68% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 407.7 |
| 3-Year Excess Return vs S&P 500 | +528.28% |
| RS Peak | 1087.2 (Sep 2025) |
| RS Trough | 78.8 (Dec 2023) |
| Status | Outperforming Benchmark |
Frequently asked questions
What was APP's return for this report period?
APP returned −1.28% in the latest monthly window ending 2026-09-18.
Has APP outperformed SPY year to date?
YTD APP: −54.28% vs SPY: +11.70%.
What is APP's 12-month return?
−50.43% over the trailing 12 months.
Is APP above or below its 200-day moving average?
Price is −35.63% versus 200DMA ($478.60).
What is the maximum drawdown in the 3-year window?
−59.30% on 2026-08-24.