Tech — Software
AppLovin Executive Compensation (FY25)
APP · Palo Alto, CA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): June 5, 2026
142 figures on this page: 139 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Adam Foroughi: $11,202,098 → $12,969,001 (15.8% higher)
CEO pay ratio: 114:1 → 97:1 (14.9% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is AppLovin's chief executive and what were they paid?
Adam Foroughi, Chief Executive Officer and Co-Founder, received $12,969,001 in total compensation for fiscal 2025. Foroughi's total moved 15.8% higher from the $11,202,098 reported for fiscal 2024.
What was AppLovin's say-on-pay result?
Shareholders supported the say-on-pay proposal with 92.2% of votes cast including abstentions in favor at the meeting held June 3, 2026 for fiscal 2025.
Which companies are in AppLovin's peer group?
Companies named in the disclosed peer group include Adobe Inc., Cadence Design Systems, Inc., CrowdStrike Holdings, Inc., Datadog, Inc. and Intuit Inc., among others.
What is AppLovin's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 97:1, against median employee compensation of $133,808.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Herald Chen President, Chief Financial Officer, and Director | ◇ | — | — | — | — | — | ◇ | ◇ |
Vasily Shikin Chief Technology Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
Victoria Valenzuela Chief Legal Officer and Corporate Secretary | ◇ | — | — | — | — | — | ◇ | ◇ |
Katie Jansen Chief Marketing Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
Adam Foroughi Chief Executive Officer and Chairperson | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Adam Foroughi Chief Executive Officer and Co-Founder | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Vasily Shikin Chief Technology Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Victoria Valenzuela Chief Administrative & Legal Officer and Corporate Secretary | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Katie Jansen Chief Marketing Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Herald Chen Former Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Adam Foroughi Chief Executive Officer and Co-Founder | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Matthew Stumpf Chief Financial Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Victoria Valenzuela Chief Administrative & Legal Officer and Corporate Secretary | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Vasily Shikin Chief Technology Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Katie Jansen Former Chief Marketing Officer Departed during or after this year | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Vasily Shikin Chief Technology Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Victoria Valenzuela Chief Administrative & Legal Officer and Corporate Secretary | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Matthew Stumpf Chief Financial Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Adam Foroughi Chief Executive Officer and Co-Founder | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Adam Foroughi | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Matthew Stumpf | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Vasily Shikin | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Victoria Valenzuela | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Matthew Stumpf | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Victoria Valenzuela | RSU | ◇ | ◇ | — | — |
| Adam Foroughi | RSU | ◇ | ◇ | — | — |
| Vasily Shikin | RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Eduardo Vivas | ◇ | ◇ | — | — | — | ◇ | ◇ |
Maynard Webb | ◇ | ◇ | — | — | — | — | ◇ |
Craig Billings Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Todd Morgenfeld | ◇ | ◇ | — | — | — | — | ◇ |
Margaret Georgiadis | ◇ | ◇ | — | — | — | — | ◇ |
Barbara Messing | ◇ | ◇ | — | — | — | — | ◇ |
Alyssa Harvey Dawson | ◇ | ◇ | — | — | — | — | ◇ |
Herald Chen | ◇ | ◇ | — | — | — | — | ◇ |
Victoria Valenzuela, Edward Oberwager and Adam Foroughi served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as restricted stock units.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Adobe Inc. ADBE
- Cadence Design Systems, Inc. CDNS
- CrowdStrike Holdings, Inc. CRWD
- Datadog, Inc. DDOG
- Intuit Inc. INTU
- Oracle Corporation ORCL
- Palantir Technologies Inc. PLTR
- Palo Alto Networks, Inc. PANW
- Salesforce, Inc. CRM
- ServiceNow, Inc. NOW
- Shopify Inc. SHOP
- Synopsys, Inc. SNPS
- The Trade Desk, Inc. TTD
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 3, 2026 | = | ◇ | ◇ | ◇ |
| 2022 | June 7, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | June 8, 2022 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact AppLovin disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where AppLovin sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
142 figures on this page: 139 cited to the filing that reported them, 3 calculated from figures it prints.
139 cited to the filing
3 calculated from the filing
Documents cited
- 0001751008-26-000050Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001751008-26-000028CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards in 202 · Grants of Plan-Based Awards in 2025 · and 2 more sections
- 0001751008-25-000041Summary Compensation Table for Fiscal Year 2024
- 0001751008-24-000028Summary Compensation Table for Fiscal Year 2023
- 0001751008-23-000054Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001751008-23-000033Summary Compensation Table for Fiscal Year 2022
- 0001193125-22-171915Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “AppLovin executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/APP (accessed 2026).
Short form: data: Velarion
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Tech — Software rankings
Peers AppLovin discloses
The companies named in APP's own disclosed peer group.
Terms on this page
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}