AppLovin Corporation (APP)

APP Balance Sheet

Assets, liabilities, and equity analysis

APP Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	4.848B	4.848B	4.431B	3.488B	2.993B	2.367B	2.312B	1.875B	1.660B
Cash & Cash Equivalents	2.759B	2.759B	2.487B	1.667B	1.193B	551.024M	741.411M	567.596M	460.449M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	2.759B	2.759B	2.487B	1.667B	1.193B	551.024M	741.411M	567.596M	460.449M
Accounts Receivable	1.958B	1.958B	1.819B	1.604B	1.582B	1.578B	1.414B	1.187B	1.074B
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	7.708B	7.708B	7.260B	6.343B	5.959B	5.707B	5.869B	5.442B	5.269B
Property, Plant & Equipment	114.820M	114.820M	147.902M	130.815M	129.600M	161.655M	198.599M	177.052M	169.209M
Goodwill	1.523B	1.523B	1.540B	1.541B	1.539B	1.640B	1.803B	1.852B	1.822B
Intangible Assets	368.996M	368.996M	396.714M	421.868M	448.179M	855.046M	896.677M	1.024B	1.102B
Long-Term Investments	288.669M	288.669M	287.666M	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Liabilities	1.494B	1.494B	1.334B	1.073B	1.094B	1.409B	1.057B	779.536M	729.591M
Accounts Payable	697.524M	697.524M	746.977M	516.438M	553.692M	595.219M	563.427M	427.817M	387.507M
Short-Term Debt	0.00	0.00	0.00	0.00	0.00	200.000M	0.00	35.563M	35.563M
Total Liabilities	5.344B	5.344B	5.125B	4.869B	4.792B	5.131B	4.779B	4.504B	4.455B
Long-Term Debt	3.514B	3.514B	3.513B	3.512B	3.511B	3.510B	3.509B	3.474B	3.482B
Total Debt	3.514B	3.514B	3.545B	3.512B	3.511B	3.710B	3.556B	3.510B	3.518B
Net Debt (Cash)	755.351M	755.351M	1.058B	1.845B	2.318B	3.159B	2.815B	2.942B	3.057B
Total Shareholders' Equity	2.363B	2.363B	2.135B	1.474B	1.167B	575.421M	1.090B	938.206M	814.836M
Common Stock	11K	11K	11K	11K	11K	11K	11K	11K	11K
Retained Earnings	1.927B	1.927B	1.735B	1.049B	723.366M	173.953M	599.204M	0.00	-266.837M
Current Ratio	3.24	3.24	3.32	3.25	2.74	1.68	2.19	2.41	2.28
Debt to Equity Ratio	1.49	1.49	1.66	2.38	3.01	6.45	3.26	3.74	4.32

APP Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	4.431B	2.312B	1.616B	1.939B	3.235B	662.994M	586.221M	407.545M
Cash & Cash Equivalents	2.487B	741.411M	502.152M	1.080B	1.521B	317.235M	396.247M	276.119M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	2.487B	741.411M	502.152M	1.080B	1.521B	317.235M	396.247M	276.119M
Accounts Receivable	1.819B	1.414B	953.810M	702.814M	514.520M	296.964M	161.346M	122.462M
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	7.260B	5.869B	5.359B	5.848B	6.164B	2.155B	1.202B	536.855M
Property, Plant & Equipment	147.902M	198.599M	221.541M	138.922M	134.583M	112.923M	22.796M	8.527M
Goodwill	1.540B	1.803B	1.843B	1.824B	966.427M	249.773M	137.121M	98.645M
Intangible Assets	396.714M	896.677M	1.293B	1.678B	1.709B	1.086B	440.905M	13.248M
Long-Term Investments	287.666M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Liabilities	1.334B	1.057B	944.122M	578.958M	640.097M	598.052M	238.875M	113.884M
Accounts Payable	746.977M	563.427M	371.702M	273.196M	258.220M	147.275M	70.522M	59.527M
Short-Term Debt	0.00	0.00	215.000M	33.310M	25.810M	15.210M	12.210M	0.00
Total Liabilities	5.125B	4.779B	4.103B	3.945B	4.025B	2.313B	1.459B	915.210M
Long-Term Debt	3.513B	3.509B	2.906B	3.178B	3.202B	1.584B	1.168B	796.090M
Total Debt	3.545B	3.556B	3.177B	3.280B	3.331B	1.696B	1.196B	796.090M
Net Debt (Cash)	1.058B	2.815B	2.675B	2.200B	1.810B	1.379B	799.592M	519.971M
Total Shareholders' Equity	2.135B	1.090B	1.256B	1.903B	2.138B	-158.545M	-256.567M	-378.355M
Common Stock	11K	11K	11K	11K	11K	7K	7K	5K
Retained Earnings	1.735B	599.204M	-812.989M	-1.170B	-976.954M	-1.012B	-887.213M	-1.006B
Current Ratio	3.32	2.19	1.71	3.35	5.05	1.11	2.45	3.58
Debt to Equity Ratio	1.66	3.26	2.53	1.72	1.56	-10.70	-4.66	-2.10

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About AppLovin Corporation

AppLovin Corporation provides a specialized software platform focused on empowering mobile application developers to enhance the marketing and revenue generation of their products. With operations spanning the United States and international markets, the company assists mobile app developers worldwide. Among its core software offerings is AppDiscovery, a marketing solution that intelligently connects advertiser demand with publisher supply through an auction-based model. Another key product is Adjust, an analytics platform that enables marketers to scale their mobile apps by offering capabilities for performance measurement, campaign optimization, and user data protection. Additionally, MAX is an in-app bidding software engineered to maximize the value derived from an app's advertising inventory by facilitating real-time competitive auctions. Its client base is broad, serving advertisers, publishers, internet platforms, and other stakeholders. Founded in 2011, the enterprise maintains its headquarters in Palo Alto, California.

Palo Alto, CA

876 employees

www.applovin.com

Technology / Software - Application

Sector: Technology
Industry: Software - Application
CEO: Adam Arash Foroughi

View full financials