Applovin Corporation drawdown: 56.3% below the all-time high
Applovin Corporation is 56.3% below its all-time high, set Dec 22, 2025 (as of market close, Sep 4, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −56.3%
- 43.7% of ATH
- All-time high
- $733.6
- Dec 22, 2025
- Time below the high
- 8 mo
- since Dec 22, 2025
- Worst-ever drawdown
- −91.9%
- Dec 27, 2022
- Longest underwater
- 2.8 yrs
- between all-time highs
- Today's level first reached
- Nov 19, 2024
- 1.8 yrs ago
- Last time this deep
- Apr 4, 2025
- in a previous episode
% of all-time high since 2021#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Nov 11, 2021 | Dec 27, 2022 | −91.9% | 14 mo | Sep 16, 2024 | 2.8 yrs |
| Dec 22, 2025 | Aug 24, 2026 | −59.3% | 8 mo | not yet | 8 mo+ |
| Feb 14, 2025 | Apr 4, 2025 | −57.0% | 49 days | Sep 8, 2025 | 7 mo |
| Jun 17, 2021 | Aug 16, 2021 | −36.7% | 2 mo | Oct 14, 2021 | 4 mo |
| Sep 30, 2025 | Nov 21, 2025 | −27.6% | 52 days | Dec 9, 2025 | 2 mo |
| Apr 15, 2021 | May 13, 2021 | −23.5% | 28 days | May 20, 2021 | 35 days |
| Dec 6, 2024 | Dec 18, 2024 | −22.0% | 12 days | Feb 13, 2025 | 2 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2021: how far Applovin Corporation stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Applovin Corporation from its all-time high?
- Applovin Corporation is currently 56.3% below its all-time high, set Dec 22, 2025 (as of market close, Sep 4, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Applovin Corporation drawdown ever?
- The deepest decline on record in our data (since 2021) took Applovin Corporation 91.9% below its prior high, bottoming Dec 27, 2022. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from APP; no free deep history exists for Applovin Corporation — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.