vs

Side-by-side financial comparison of AppLovin Corp (APP) and Evercore Inc. (EVR). Click either name above to swap in a different company.

AppLovin Corp is the larger business by last-quarter revenue ($1.8B vs $1.4B, roughly 1.3× Evercore Inc.). AppLovin Corp runs the higher net margin — 65.5% vs 23.0%, a 42.4% gap on every dollar of revenue. On growth, Evercore Inc. posted the faster year-over-year revenue change (100.3% vs 59.0%). Over the past eight quarters, Evercore Inc.'s revenue compounded faster (42.2% CAGR vs 30.6%).

AppLovin Corporation is an American mobile technology company headquartered in Palo Alto, California. Founded in 2012, the company helps developers market, monetize, analyze and publish their apps through its mobile advertising, marketing, and analytics platforms, SSP MAX; DSP AppDiscovery; and SparkLabs creative studio. The company also invests in various mobile game publishers.

Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. The firm has advised on over $4.7 trillion of merger, acquisition, and restructuring transactions since its founding.

APP vs EVR — Head-to-Head

Bigger by revenue
APP
APP
1.3× larger
APP
$1.8B
$1.4B
EVR
Growing faster (revenue YoY)
EVR
EVR
+41.3% gap
EVR
100.3%
59.0%
APP
Higher net margin
APP
APP
42.4% more per $
APP
65.5%
23.0%
EVR
Faster 2-yr revenue CAGR
EVR
EVR
Annualised
EVR
42.2%
30.6%
APP

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
APP
APP
EVR
EVR
Revenue
$1.8B
$1.4B
Net Profit
$1.2B
$322.7M
Gross Margin
88.9%
Operating Margin
78.2%
Net Margin
65.5%
23.0%
Revenue YoY
59.0%
100.3%
Net Profit YoY
109.2%
106.1%
EPS (diluted)
$3.56
$7.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APP
APP
EVR
EVR
Q1 26
$1.8B
$1.4B
Q4 25
$1.3B
$1.3B
Q3 25
$1.4B
$1.0B
Q2 25
$1.3B
$838.0M
Q1 25
$1.5B
$699.0M
Q4 24
$1.4B
$979.5M
Q3 24
$1.2B
$738.4M
Q2 24
$1.1B
$693.4M
Net Profit
APP
APP
EVR
EVR
Q1 26
$1.2B
$322.7M
Q4 25
$1.1B
$204.0M
Q3 25
$835.5M
$144.6M
Q2 25
$819.5M
$97.2M
Q1 25
$576.4M
$146.2M
Q4 24
$599.2M
$140.4M
Q3 24
$434.4M
$78.4M
Q2 24
$310.0M
$73.8M
Gross Margin
APP
APP
EVR
EVR
Q1 26
88.9%
Q4 25
95.2%
Q3 25
87.6%
Q2 25
87.7%
Q1 25
81.7%
Q4 24
76.7%
Q3 24
77.5%
Q2 24
73.8%
Operating Margin
APP
APP
EVR
EVR
Q1 26
78.2%
Q4 25
24.2%
Q3 25
76.8%
20.8%
Q2 25
76.1%
18.0%
Q1 25
44.7%
16.0%
Q4 24
44.3%
21.8%
Q3 24
44.6%
16.7%
Q2 24
36.2%
15.9%
Net Margin
APP
APP
EVR
EVR
Q1 26
65.5%
23.0%
Q4 25
82.7%
15.7%
Q3 25
59.5%
13.8%
Q2 25
65.1%
11.6%
Q1 25
38.8%
20.9%
Q4 24
43.6%
14.3%
Q3 24
36.3%
10.6%
Q2 24
28.7%
10.6%
EPS (diluted)
APP
APP
EVR
EVR
Q1 26
$3.56
$7.20
Q4 25
$3.24
$4.80
Q3 25
$2.45
$3.41
Q2 25
$2.39
$2.36
Q1 25
$1.67
$3.48
Q4 24
$1.72
$3.32
Q3 24
$1.25
$1.86
Q2 24
$0.89
$1.81

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APP
APP
EVR
EVR
Cash + ST InvestmentsLiquidity on hand
$2.8B
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$2.4B
Total Assets
$7.7B
Debt / EquityLower = less leverage
1.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APP
APP
EVR
EVR
Q1 26
$2.8B
Q4 25
$2.5B
$3.0B
Q3 25
$1.7B
$2.4B
Q2 25
$1.2B
$1.7B
Q1 25
$551.0M
$1.4B
Q4 24
$741.4M
$2.4B
Q3 24
$567.6M
$1.8B
Q2 24
$460.4M
$1.7B
Total Debt
APP
APP
EVR
EVR
Q1 26
$3.5B
Q4 25
$3.5B
Q3 25
Q2 25
Q1 25
Q4 24
$3.5B
Q3 24
Q2 24
Stockholders' Equity
APP
APP
EVR
EVR
Q1 26
$2.4B
Q4 25
$2.1B
$2.0B
Q3 25
$1.5B
$1.8B
Q2 25
$1.2B
$1.7B
Q1 25
$575.4M
$1.5B
Q4 24
$1.1B
$1.7B
Q3 24
$938.2M
$1.6B
Q2 24
$814.8M
$1.5B
Total Assets
APP
APP
EVR
EVR
Q1 26
$7.7B
Q4 25
$7.3B
$5.4B
Q3 25
$6.3B
$4.4B
Q2 25
$6.0B
$3.7B
Q1 25
$5.7B
$3.3B
Q4 24
$5.9B
$4.2B
Q3 24
$5.4B
$3.6B
Q2 24
$5.3B
$3.3B
Debt / Equity
APP
APP
EVR
EVR
Q1 26
1.49×
Q4 25
1.65×
Q3 25
Q2 25
Q1 25
Q4 24
3.22×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APP
APP
EVR
EVR
Operating Cash FlowLast quarter
$1.3B
Free Cash FlowOCF − Capex
$1.3B
FCF MarginFCF / Revenue
69.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.07×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APP
APP
EVR
EVR
Q1 26
$1.3B
Q4 25
$1.3B
$807.5M
Q3 25
$1.1B
$560.9M
Q2 25
$772.2M
$437.7M
Q1 25
$831.7M
$-549.7M
Q4 24
$701.0M
$686.4M
Q3 24
$550.7M
$234.5M
Q2 24
$454.5M
$348.5M
Free Cash Flow
APP
APP
EVR
EVR
Q1 26
$1.3B
Q4 25
$798.6M
Q3 25
$541.5M
Q2 25
$411.7M
Q1 25
$-569.3M
Q4 24
$673.1M
Q3 24
$226.6M
Q2 24
$340.7M
FCF Margin
APP
APP
EVR
EVR
Q1 26
69.8%
Q4 25
61.6%
Q3 25
51.8%
Q2 25
49.1%
Q1 25
-81.4%
Q4 24
68.7%
Q3 24
30.7%
Q2 24
49.1%
Capex Intensity
APP
APP
EVR
EVR
Q1 26
Q4 25
0.7%
Q3 25
1.9%
Q2 25
3.1%
Q1 25
2.8%
Q4 24
1.4%
Q3 24
1.1%
Q2 24
1.1%
Cash Conversion
APP
APP
EVR
EVR
Q1 26
1.07×
Q4 25
1.19×
3.96×
Q3 25
1.26×
3.88×
Q2 25
0.94×
4.50×
Q1 25
1.44×
-3.76×
Q4 24
1.17×
4.89×
Q3 24
1.27×
2.99×
Q2 24
1.47×
4.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APP
APP

Segment breakdown not available.

EVR
EVR

Advisory Fees (1)$1.2B89%
Commissions and Related Revenue$62.7M4%
Underwriting Fees$55.1M4%
Asset Management and Administration Fees (2)$23.7M2%
Other Revenue, net$15.4M1%

Related Comparisons