APP vs MGNI

AppLovin and Magnite, Inc.

AppLovin is the larger company at $158B against $2.5B. On trailing earnings APP is the cheaper of the two at a P/E of 21.3 against 23.1, a gap that is only a bargain if the two are growing at similar rates. Over the past year MGNI returned -2.0% against -55% for APP. The RyuScore puts APP ahead, 69 against 35 out of 100.

AppLovin and Magnite, Inc. compared on valuation, return and the RyuScore
FigureAPPMGNI
Last close$277$25.41
Market cap$158B$2.5B
Trailing P/Elower is cheaper for the same earnings, not automatically better21.323.1
1-year return-55%-2.0%
5-year return+270%-14%
RyuScoresector-relative, 1–1069/10035/100

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

AppLovin

Revenue of $1.9B in Q2 2026, net income $1.3B. Its largest reported line is Advertising, 39% of the disclosed total.

Magnite, Inc.

Revenue of $193M in Q2 2026, net income $19M. Its largest reported line is United States, 74% of the disclosed total.

Open these two in the interactive comparison to add more names, change the period or see the correlation.