APP vs. NBIS: AppLovin vs. Nebius Stock Comparison
How do AppLovin (APP) and Nebius (NBIS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
AppLovin (APP) and Nebius (NBIS) both belong to the Software industry, though APP is classified under Application Software while NBIS falls under Systems Software.
| Profile Item | APP | NBIS |
|---|---|---|
| Name | AppLovin Corporation Class A Common Stock | Nebius Group N.V. Class A Ordinary Shares |
| Country/Region | United States | Netherlands |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Systems Software |
| Market Capitalization | 129.62 billion USD | 35.20 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | April 15, 2021 | October 21, 2024 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | APP | NBIS |
|---|---|---|
| Total Return (1Y) | -34.71% | 25.86% |
| Total Return (3Y, Annualized) | 116.87% | -- |
| Total Return (5Y, Annualized) | 31.34% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | APP | NBIS |
|---|---|---|
| Volatility (1Y, Annualized) | 80.36% | 111.62% |
| Beta (5Y) | 2.25 | 4.66 |
| Max Drawdown (5Y) | -91.90% | -58.27% |
| Avg. Volume (3M) | 5.33M | 20.58M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | APP | NBIS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.49 | 0.19 |
| Sortino Ratio (1Y) | -0.69 | 0.31 |
Profitability
ROE (TTM)
AppLovin (APP) at 210.09% clears its industry range for ROE, a sharper capital-efficiency signal than Nebius (NBIS) at 0.60%, which is closer to a typical peer reading.
APP
Software & Services industry group
210.09%
- APP
- 210.09%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
NBIS
Software & Services industry group
0.60%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- NBIS
- 0.60%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
AppLovin (APP) at 65.89% converts revenue to bottom-line profit above its industry’s benchmark range, while Nebius (NBIS) at 3.13% keeps roughly the typical share for its industry.
APP
Software & Services industry group
65.89%
- APP
- 65.89%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
NBIS
Software & Services industry group
3.13%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- NBIS
- 3.13%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Nebius (NBIS) reports a negative operating margin of -0.22%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile AppLovin (APP) reports 78.22%, ranking against industry peers normally.
APP
Software & Services industry group
78.22%
- APP
- 78.22%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
NBIS
Software & Services industry group
-0.22%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- NBIS
- -0.22%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | APP | NBIS |
|---|---|---|
| ROE (TTM) | 210.09% | 0.60% |
| ROA (TTM) | 49.57% | -1.92% |
| Net Margin (TTM) | 65.89% | 3.13% |
| Operating Margin (TTM) | 78.22% | -0.22% |
| Gross Margin (TTM) | 88.78% | 74.26% |
Growth
Revenue Growth
Both AppLovin (APP) at 69.99% and Nebius (NBIS) at 479.02% are expanding revenue faster than their entire industry benchmark ranges for revenue growth — exceptional top-line momentum on both sides, though growth that far above the peer range is worth checking for one-off boosts such as acquisitions.
EPS Growth
Only one side can be read here: AppLovin (APP) reports EPS growth of 115.23%, ranked against its industry; Nebius (NBIS) has no EPS growth figure this period.
Growth Metrics
| Metric | APP | NBIS |
|---|---|---|
| Revenue Growth (YoY) | 69.99% | 479.02% |
| Revenue Growth (3Y CAGR) | 24.84% | 239.83% |
| EPS Growth (YoY) | 115.23% | -- |
| EPS Growth (3Y CAGR) | -- | -28.68% |
Financial Strength
Current Ratio (MRQ)
Both AppLovin (APP) at 3.81 and Nebius (NBIS) at 4.03 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.
APP
Software & Services industry group
3.81
- Max
- 5.11
- APP
- 3.81
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
NBIS
Software & Services industry group
4.03
- Max
- 5.11
- NBIS
- 4.03
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both AppLovin (APP) at 1.07 and Nebius (NBIS) at 0.99 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
APP
Software & Services industry group
1.07
- Max
- 2.52
- Q3
- 1.13
- APP
- 1.07
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
NBIS
Software & Services industry group
0.99
- Max
- 2.52
- Q3
- 1.13
- NBIS
- 0.99
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | APP | NBIS |
|---|---|---|
| Current Ratio (MRQ) | 3.81 | 4.03 |
| Debt / Equity (MRQ) | 1.07 | 0.99 |
| Net Debt / EBITDA | 0.06 | 8.35 |
Dividends
Dividend Yield (TTM)
Neither AppLovin (APP) nor Nebius (NBIS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
APP
Software & Services industry group
0.00%
- APP
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
NBIS
Software & Services industry group
0.00%
- NBIS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither AppLovin (APP) nor Nebius (NBIS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
APP
Software & Services industry group
0.00%
- APP
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
NBIS
Software & Services industry group
0.00%
- NBIS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | APP | NBIS |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
AppLovin (APP) at 26.34 is near its industry’s usual P/E ratio, while Nebius (NBIS) at 101.16 sits in the richer quartile — NBIS needs stronger growth or earnings quality to justify the premium.
APP
Software & Services industry group
26.34
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- APP
- 26.34
- Q1
- 18.77
- Min
- 6.69
NBIS
Software & Services industry group
101.16
- Max
- 112.94
- NBIS
- 101.16
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
Both look expensive on sales: AppLovin (APP) at 17.04 sits in the upper P/S ratio quartile, and Nebius (NBIS) at 25.98 prices even higher, above its industry range.
APP
Software & Services industry group
17.04
- Max
- 17.91
- APP
- 17.04
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
NBIS
Software & Services industry group
25.98
- NBIS
- 25.98
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Nebius (NBIS) at 3.43 sits near its industry’s typical P/B ratio, while AppLovin (APP) at 39.29 prices above its benchmark range — APP looks rich relative to book.
APP
Software & Services industry group
39.29
- APP
- 39.29
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
NBIS
Software & Services industry group
3.43
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- NBIS
- 3.43
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | APP | NBIS |
|---|---|---|
| P/E Ratio (TTM) | 26.34 | 101.16 |
| P/S Ratio (TTM) | 17.04 | 25.98 |
| P/B Ratio (MRQ) | 39.29 | 3.43 |
| Free Cash Flow Yield (TTM) | 2.87% | -27.31% |