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Runs a mobile app advertising and monetization platform that helps app developers acquire users and generate ad revenue.
Runs a mobile app advertising and monetization platform that helps app developers acquire users and generate ad revenue.
Takes a cut of the advertising money that app marketers spend to find users: advertisers pay for installs or in-app actions, and the app publishers that show the ads earn a share. Blackstone formed it in 2021 by combining Liftoff and Vungle.
Moat: narrow (data, scale, network effects). Scale in mobile ad data and a two-sided app developer/advertiser network, in a competitive ad-tech space.
Headquarters: Redwood City, California, United States · Founded: 2012 · Employees: 649
Size Liftoff Mobile (LFTO) is a United States Information Technology company (Packaged Software) with a market value of $3.07B, the 1532nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $18.13 on 6 Nov 2026.
Growth Revenue grew 35.5% over the last twelve months (peer median +11.1%); the operating margin is 35.8% (peer median 6.4%).
Valuation It trades at 18.6× forward earnings against a peer median of 25.7× (6th cheapest of 18).
Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +35%, so the hurdle is -43 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 14.5 points above its cost of capital (6.1% WACC).
Short interest Short interest is 1.9% of the free float (15 Oct 2026).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | $799M | $686M | $519M | $474M |
| Revenue growth | — | +32% | +10% | — |
| Gross profit | $597M | $486M | $325M | $245M |
| EBITDA | $378M | $315M | $216M | $183M |
| Net income | $41.9M | -$23.1M | -$48.2M | -$84.7M |
| Free cash flow | $184M | $113M | $53.7M | $35.8M |
| Capital expenditure | $52.5M | $50.1M | $45.1M | $38.6M |
| Total debt | $1.41B | $1.82B | $1.56B | $1.35B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Liftoff Mobile LFTO | $3.07B | n/a | +35% | 36% | 18.6× | -7.3% |
| AppLovin APP | $131B | -16% | +29% | 78% | 20.0× | 28.2% |
| Unity Software U | $22.7B | +83% | +14% | -14% | 49.4× | 33.5% |
| Digital Turbine APPS | $1.26B | +200% | +19% | 10% | 14.7× | 33.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | LFTO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +12.3% | +2.7% | 7th highest of 21 |
| Distance from 52-week high | -39.8% | -38.4% | 10th lowest of 21 |
| Revenue growth (TTM) | +35.5% | +11.1% | 2nd highest of 21 |
| Operating margin | 35.8% | 6.4% | highest of 21 |
| Forward P/E | 18.6× | 25.7× | 6th cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | -7.3% | 15.1% | least demanding of 17 |
| Growth delivered (Del g) | +35.5% | +15.8% | highest of 17 |
| Hurdle (Req g minus delivered) | -42.7 pp | -0.3 pp | least demanding of 17 |
| ROIC minus cost of capital | +14.5 pp | -3.2 pp | 3rd highest of 19 |
| EV / EBITDA | 11.0× | 17.7× | cheapest of 10 |
| Net debt / EBITDA | 2.9× | -0.7× | most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Liftoff Mobile LFTO | United States | $3.07B | n/a | +35% | 36% | 18.6× | -7.3% | +35.5% |
| Via Transportation VIA | United States | $3.07B | +118% | +29% | -17% | 259.2× | n/a | n/a |
| Shenzhen Infogem Technologies 300085.SZ | China | $3.06B | -23% | +2% | -11% | n/a | n/a | n/a |
| DHC Software 002065.SZ | China | $3.04B | -23% | -4% | 3% | 39.5× | 14.8% | +7.1% |
| Beijing Shiji Information Technology 002153.SZ | China | $3.02B | -27% | -4% | -3% | 492.7× | n/a | n/a |
| Cellebrite DI CLBT | United States | $3.13B | -2% | +18% | 11% | 38.0× | 22.8% | +19.5% |
| Tsinghua Tongfang 600100.SS | China | $3.15B | -22% | -11% | -2% | n/a | 30.2% | -10.3% |
| Freshworks FRSH | United States | $3.18B | +37% | +15% | 8% | 14.5× | 12.9% | +27.4% |
| Intsig Information 688615.SS | China | $2.96B | -26% | +24% | 22% | 34.9× | 12.6% | +22.1% |
| Wix.com WIX | United States | $3.18B | -5% | +14% | -3% | 12.6× | -4.4% | +15.2% |
| Teradata TDC | United States | $2.96B | +1% | +1% | 8% | 11.6× | -5.4% | -2.0% |
| Sinch SINCH.ST | Sweden | $3.19B | +13% | -6% | 4% | 13.3× | 23.8% | +27.5% |
| Alarm.com ALRM | United States | $3.19B | +37% | +9% | 13% | 22.4× | 10.9% | +10.3% |
| Bullish BLSH | United States | $3.20B | -51% | +34% | 18% | 33.6× | 32.3% | +14.4% |
| Beijing 51WORLD Digital Twin Technology 6651.HK | Hong Kong | $2.91B | -1% | +39% | -38% | n/a | n/a | n/a |
| SPS Commerce SPSC | United States | $2.90B | +45% | +7% | 17% | 15.3× | 7.3% | +19.2% |
| Hexaware Technologies HEXT.NS | India | $3.26B | +9% | +13% | 12% | 21.7× | 15.4% | +16.5% |
| Perfect World 002624.SZ | China | $3.26B | -26% | -8% | 8% | 21.1× | 19.0% | -8.2% |
| Tata Technologies TATATECH.NS | India | $2.86B | +6% | +22% | 13% | 34.9× | 28.3% | +18.3% |
| Servyou Software 603171.SS | China | $2.84B | -16% | +6% | 5% | 72.7× | 40.3% | +5.9% |
| Intapp INTA | United States | $3.35B | +76% | +14% | -4% | 25.7× | 4.3% | +21.9% |