APP - NASDAQ

AppLovin Corporation

APP·NASDAQ

$570.83

-5.7%

TechnologySoftware - Application

AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; Adjust, an analytics platform that helps marketers grow their mobile apps with solutions for measuring, optimizing campaigns, and protecting user data; and MAX, an in-app bidding software that optimizes the value of an app's advertising inventory by running a real-time competitive auction. Its business clients include various advertisers, publishers, internet platforms, and others. The company was incorporated in 2011 and is headquartered in Palo Alto, California.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$191.76B

EPS9.8400

P/E Ratio58.01

Earnings Date08/05/2026

7.26B

Assets

24%

3Y+24.0%

5Y+237.0%

10Y+1252.0%

5.12B

Total Liabilities

3Y+30.0%

5Y+122.0%

10Y+460.0%

2.13B

Total Equity

96%

3Y+12.0%

5Y-1449.0%

10Y-664.0%

AppLovin Corporation Funding & Solvency Profile

APP · NASDAQ

Current Assets

Cash & Cash Equivalents2.49B

Net Receivables1.82B

Inventory0.00

Other Current Assets124.33M

Total Current Assets4 B

Non-Current Assets

Property, Plant & Equipment147.90M

Goodwill & Intangible Assets1.94B

Long-Term Investments287.67M

Other Non-Current Assets456.55M

Total Non-Current Assets892 M

Total Assets

7.26B

Financial Health Analysis

Current Ratio

3.32x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

2.40x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

3 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

61% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

AppLovin Corporation Balance Sheet

APP • NASDAQ

AppLovin Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	2.5B	741.4M	502.2M	1.1B	1.5B	317.2M	396.2M	276.1M
Cash & Short-Term Investments	2.5B	741.4M	502.2M	1.1B	1.5B	317.2M	396.2M	276.1M
Net Receivables	1.8B	1.4B	953.8M	702.8M	514.5M	297M	161.3M	122.5M
Accounts Receivables	1.8B	1.4B	953.8M	702.8M	514.5M	297M	161.3M	122.5M
Prepaids	0.0	0.0	0.0	0.0	150M	48.8M	28.6M	7.3M
Other Current Assets	124.3M	156.5M	160.2M	155.8M	1.1B	0.0	0.0	1.7M
Total Current Assets	4.4B	2.3B	1.6B	1.9B	3.2B	663M	586.2M	407.5M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	147.9M	198.6M	221.5M	138.9M	134.6M	112.9M	22.8M	8.5M
Goodwill	1.5B	1.8B	1.8B	1.8B	966.4M	249.8M	137.1M	98.6M
Intangible Assets	396.7M	896.7M	1.3B	1.7B	1.7B	1.1B	440.9M	13.2M
Goodwill & Intangible Assets	1.9B	2.7B	3.1B	3.5B	2.7B	1.3B	578M	111.9M
Long-Term Investments	287.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	456.5M	658.4M	386M	268.4M	118.2M	42.6M	15.4M	8.9M
Total Non-Current Assets	2.8B	3.6B	3.7B	3.9B	2.9B	1.5B	616.3M	129.3M
Total Assets	7.3B	5.9B	5.4B	5.8B	6.2B	2.2B	1.2B	536.9M
LIABILITIES
CURRENT LIABILITIES
Total Payables	747M	843.6M	513.6M	355.2M	325.4M	187.4M	70.5M	59.5M
Accounts Payable	747M	563.4M	371.7M	273.2M	258.2M	147.3M	70.5M	59.5M
Other Payables	0.0	280.2M	141.9M	82M	67.2M	40.1M	0.0	0.0
Accrued Expenses	0.0	64.6M	75.1M	41.5M	11.8M	13M	37.3M	12.4M
Short Term Debt	13.9M	0.0	215M	33.3M	25.8M	15.2M	12.2M	0.0
Capital Lease Obligations (Current)	0.0	14.8M	13.6M	14.3M	40.4M	25M	2.5M	0.0
Tax Payables	0.0	0.0	141.9M	82M	67.2M	40.1M	0.0	0.0
Deferred Revenue	0.0	69.8M	78.6M	64M	78.9M	86.9M	8.2M	0.0
Other Current Liabilities	572.9M	64.6M	48.3M	70.6M	157.8M	270.5M	108.1M	41.9M
Total Current Liabilities	1.3B	1.1B	944.1M	579M	640.1M	598.1M	238.9M	113.9M
NON-CURRENT LIABILITIES
Long Term Debt	3.5B	3.5B	2.9B	3.2B	3.2B	1.6B	1.2B	796.1M
Other Non-Current Liabilities	242.5M	180.4M	209.9M	133.6M	120.9M	59M	39.1M	5.2M
Total Non-Current Liabilities	3.8B	3.7B	3.2B	3.4B	3.4B	1.7B	1.2B	801.3M
Capital Lease Obligations	17.8M	47.4M	56.5M	68.5M	102.9M	96.8M	15.3M	0.0
Total Liabilities	5.1B	4.8B	4.1B	3.9B	4B	2.3B	1.5B	915.2M
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	399.6M	399.6M	399.6M
Common Stock	11K	11K	11K	11K	11K	7K	7K	5K
Additional Paid-In Capital	446.6M	593.7M	2.1B	3.2B	3.2B	453.7M	235.2M	230.9M
Retained Earnings	1.7B	599.2M	-813M	-1.2B	-977M	-1B	-887.2M	-1B
Accumulated Other Comprehensive Income/Loss	-47M	-103.1M	-65.3M	-83.4M	-45.5M	604K	-4.1M	-2.6M
Total Stockholders' Equity	2.1B	1.1B	1.3B	1.9B	2.1B	-158.5M	-256.6M	-378.4M
Total Equity	2.1B	1.1B	1.3B	1.9B	2.1B	-158.2M	-256.6M	-378.4M
Minority Interest	0.0	0.0	0.0	0.0	201K	309K	0.0	0.0
SUMMARY
Total Liabilities & Equity	7.3B	5.9B	5.4B	5.8B	6.2B	2.2B	1.2B	536.9M
Total Investments	287.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Debt	3.5B	3.6B	3.2B	3.3B	3.3B	1.7B	1.2B	796.1M
Net Debt	1.1B	2.8B	2.7B	2.2B	1.8B	1.4B	799.6M	520M
Shares Outstanding	337,976,266	337,976,266	337,976,266	337,976,266	337,976,266	337,976,266	337,976,266	337,976,266

SEC Filings

APP - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 06, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 21, 2026	June 03, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 07, 2026	April 02, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 19, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 11, 2026	February 11, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	November 05, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 05, 2025	November 05, 2025	2025	View Filing
8-K 8-K 2025 N/A	August 06, 2025	August 06, 2025	2025	View Filing
10-Q 10-Q 2025 Q2 Q2	August 06, 2025	June 30, 2025	2025	View Filing

Showing 1 to 10 of 87 filings

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