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Side-by-side financial comparison of AppLovin Corp (APP) and Nomad Foods Ltd (NOMD). Click either name above to swap in a different company.

AppLovin Corp is the larger business by last-quarter revenue ($1.3B vs $834.9M, roughly 1.6× Nomad Foods Ltd). On growth, Nomad Foods Ltd posted the faster year-over-year revenue change (-2.6% vs -2.9%).

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.

Nomad Foods is the largest frozen food company in Europe, whose popular brands include Birds Eye, Ledo, Iglo, Findus, and Frikom. The company manufactures, sells and distributes a range of frozen food products across 22 European markets, with its headquarters in the United Kingdom. The most popular products in Nomad Foods’ portfolio include fish fingers, creamed spinach, peas and chicken. Nomad Foods is listed on the New York Stock Exchange trading under the ticker “NOMD”.

APP vs NOMD — Head-to-Head

Bigger by revenue
APP
APP
1.6× larger
APP
$1.3B
$834.9M
NOMD
Growing faster (revenue YoY)
NOMD
NOMD
+0.3% gap
NOMD
-2.6%
-2.9%
APP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APP
APP
NOMD
NOMD
Revenue
$1.3B
$834.9M
Net Profit
$1.1B
Gross Margin
95.2%
25.6%
Operating Margin
9.1%
Net Margin
82.7%
Revenue YoY
-2.9%
-2.6%
Net Profit YoY
84.0%
EPS (diluted)
$3.24

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
NOMD
NOMD
Q4 25
$1.3B
$834.9M
Q3 25
$1.4B
Q2 25
$1.3B
Q1 25
$1.5B
Q4 24
$1.4B
$856.9M
Q3 24
$1.2B
Q2 24
$1.1B
Q1 24
$1.1B
Net Profit
APP
APP
NOMD
NOMD
Q4 25
$1.1B
Q3 25
$835.5M
Q2 25
$819.5M
Q1 25
$576.4M
Q4 24
$599.2M
$55.5M
Q3 24
$434.4M
Q2 24
$310.0M
Q1 24
$236.2M
Gross Margin
APP
APP
NOMD
NOMD
Q4 25
95.2%
25.6%
Q3 25
87.6%
Q2 25
87.7%
Q1 25
81.7%
Q4 24
76.7%
28.5%
Q3 24
77.5%
Q2 24
73.8%
Q1 24
72.2%
Operating Margin
APP
APP
NOMD
NOMD
Q4 25
9.1%
Q3 25
76.8%
Q2 25
76.1%
Q1 25
44.7%
Q4 24
44.3%
11.5%
Q3 24
44.6%
Q2 24
36.2%
Q1 24
32.1%
Net Margin
APP
APP
NOMD
NOMD
Q4 25
82.7%
Q3 25
59.5%
Q2 25
65.1%
Q1 25
38.8%
Q4 24
43.6%
6.5%
Q3 24
36.3%
Q2 24
28.7%
Q1 24
22.3%
EPS (diluted)
APP
APP
NOMD
NOMD
Q4 25
$3.24
Q3 25
$2.45
Q2 25
$2.39
Q1 25
$1.67
Q4 24
$1.72
Q3 24
$1.25
Q2 24
$0.89
Q1 24
$0.67

Balance Sheet & Financial Strength

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

Metric
APP
APP
NOMD
NOMD
Cash + ST InvestmentsLiquidity on hand
$2.5B
Total DebtLower is stronger
$3.5B
$2.5B
Stockholders' EquityBook value
$2.1B
$2.7B
Total Assets
$7.3B
$6.8B
Debt / EquityLower = less leverage
1.65×
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APP
APP
NOMD
NOMD
Q4 25
$2.5B
Q3 25
$1.7B
Q2 25
$1.2B
Q1 25
$551.0M
Q4 24
$741.4M
Q3 24
$567.6M
Q2 24
$460.4M
Q1 24
$436.3M
Total Debt
APP
APP
NOMD
NOMD
Q4 25
$3.5B
$2.5B
Q3 25
Q2 25
Q1 25
Q4 24
$3.5B
$2.4B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
APP
APP
NOMD
NOMD
Q4 25
$2.1B
$2.7B
Q3 25
$1.5B
Q2 25
$1.2B
Q1 25
$575.4M
Q4 24
$1.1B
$2.9B
Q3 24
$938.2M
Q2 24
$814.8M
Q1 24
$760.2M
Total Assets
APP
APP
NOMD
NOMD
Q4 25
$7.3B
$6.8B
Q3 25
$6.3B
Q2 25
$6.0B
Q1 25
$5.7B
Q4 24
$5.9B
$6.9B
Q3 24
$5.4B
Q2 24
$5.3B
Q1 24
$5.3B
Debt / Equity
APP
APP
NOMD
NOMD
Q4 25
1.65×
0.92×
Q3 25
Q2 25
Q1 25
Q4 24
3.22×
0.82×
Q3 24
Q2 24
Q1 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
NOMD
NOMD
Operating Cash FlowLast quarter
$1.3B
$357.2M
Free Cash FlowOCF − Capex
$272.4M
FCF MarginFCF / Revenue
32.6%
Capex IntensityCapex / Revenue
10.2%
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APP
APP
NOMD
NOMD
Q4 25
$1.3B
$357.2M
Q3 25
$1.1B
Q2 25
$772.2M
Q1 25
$831.7M
Q4 24
$701.0M
$470.2M
Q3 24
$550.7M
Q2 24
$454.5M
Q1 24
$392.8M
Free Cash Flow
APP
APP
NOMD
NOMD
Q4 25
$272.4M
Q3 25
Q2 25
Q1 25
Q4 24
$383.5M
Q3 24
Q2 24
Q1 24
FCF Margin
APP
APP
NOMD
NOMD
Q4 25
32.6%
Q3 25
Q2 25
Q1 25
Q4 24
44.8%
Q3 24
Q2 24
Q1 24
Capex Intensity
APP
APP
NOMD
NOMD
Q4 25
10.2%
Q3 25
Q2 25
Q1 25
Q4 24
10.1%
Q3 24
Q2 24
Q1 24
Cash Conversion
APP
APP
NOMD
NOMD
Q4 25
1.19×
Q3 25
1.26×
Q2 25
0.94×
Q1 25
1.44×
Q4 24
1.17×
8.47×
Q3 24
1.27×
Q2 24
1.47×
Q1 24
1.66×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APP
APP

Other$673.9M51%
US$659.0M49%

NOMD
NOMD

Segment breakdown not available.

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