AppLovin Corporation (APP) quarterly balance sheet — complete assets, liabilities & equity history
AppLovin Corporation (APP) balance sheet — 8-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 5.39B | 4.85B | 4.43B | 3.49B | 2.99B | 2.37B | 2.31B | 1.88B | 1.66B | 1.61B | 1.62B | 1.3B | 1.7B | 2.05B | 1.94B | 1.82B | 1.82B | 2.3B | 3.24B | 1.63B |
| Cash & Short-Term Investments | 3.05B | 2.76B | 2.49B | 1.67B | 1.19B | 551.02M | 741.41M | 567.6M | 460.45M | 436.34M | 502.15M | 332.49M | 876.23M | 1.25B | 1.08B | 943.51M | 951.56M | 1.41B | 1.52B | 1.05B |
| Cash Only | 3.05B | 2.76B | 2.49B | 1.67B | 1.19B | 551.02M | 741.41M | 567.6M | 460.45M | 436.34M | 502.15M | 332.49M | 876.23M | 1.25B | 1.08B | 943.51M | 951.56M | 1.41B | 1.52B | 1.05B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 2.17B | 1.96B | 1.82B | 1.6B | 1.58B | 1.58B | 1.41B | 1.19B | 1.07B | 1.04B | 953.81M | 849.14M | 669.78M | 637.61M | 702.81M | 665.46M | 690.91M | 684.46M | 514.52M | 412.88M |
| Days Sales Outstanding | 97.66 | 92.26 | 94.98 | 104.29 | 114.21 | 116.17 | 87.18 | 124.57 | 135.01 | 85.54 | 87 | 80.84 | 79.3 | 84.31 | 89.62 | 87.5 | 80.62 | 86.27 | 53.76 | 50.37 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 167.99M | 130.88M | 124.33M | 216.71M | 218.4M | 238.5M | 156.53M | 120.39M | 125.48M | 136.18M | 160.2M | 119.16M | 150.26M | 164.86M | 155.78M | 0 | 0 | 0 | 1.05B | 0 |
| Total Non-Current Assets | 2.88B | 2.86B | 2.83B | 2.86B | 2.97B | 3.34B | 3.56B | 3.57B | 3.61B | 3.65B | 3.74B | 3.7B | 3.79B | 3.87B | 3.91B | 3.98B | 4.11B | 3.87B | 2.93B | 2.94B |
| Property, Plant & Equipment | 111.95M | 114.82M | 147.9M | 130.81M | 129.6M | 161.66M | 198.6M | 177.05M | 169.21M | 172.99M | 221.54M | 155.15M | 172.78M | 178.55M | 138.92M | 130.82M | 123.56M | 129.9M | 134.58M | 140.34M |
| Fixed Asset Turnover | 16.97x | 14.03x | 11.90x | 10.79x | 8.64x | 6.43x | 7.31x | 4.82x | 4.16x | 5.36x | 5.06x | 5.27x | 4.27x | 4.51x | 5.21x | 5.61x | 6.13x | 4.73x | 5.77x | 5.13x |
| Goodwill | 1.52B | 1.52B | 1.54B | 1.54B | 1.54B | 1.64B | 1.8B | 1.85B | 1.82B | 1.83B | 1.84B | 1.81B | 1.83B | 1.83B | 1.82B | 1.76B | 1.8B | 1.58B | 966.43M | 997.66M |
| Intangible Assets | 355.66M | 369M | 396.71M | 421.87M | 448.18M | 855.05M | 896.68M | 1.02B | 1.1B | 1.2B | 1.29B | 1.39B | 1.49B | 1.57B | 1.68B | 1.89B | 2.03B | 2.02B | 1.71B | 1.76B |
| Long-Term Investments | 289.96M | 288.67M | 287.67M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 600.66M | 564.6M | 456.55M | 761.9M | 849.73M | 682.87M | 658.37M | 514.07M | 516.14M | 456.32M | 386M | 349.12M | 288.37M | 280.68M | 268.43M | 198M | 157.83M | 136.16M | 118.16M | 44.59M |
| Total Assets | 8.27B | 7.71B | 7.26B | 6.34B | 5.96B | 5.71B | 5.87B | 5.44B | 5.27B | 5.26B | 5.36B | 5.01B | 5.48B | 5.92B | 5.85B | 5.81B | 5.93B | 6.17B | 6.16B | 4.57B |
| Asset Turnover | 0.24x | 0.25x | 0.24x | 0.23x | 0.22x | 0.20x | 0.24x | 0.16x | 0.14x | 0.20x | 0.18x | 0.16x | 0.13x | 0.12x | 0.12x | 0.12x | 0.13x | 0.10x | 0.15x | 0.16x |
| Asset Growth % | 38.76% | 35.06% | 23.69% | 16.55% | 13.09% | 8.44% | 9.52% | 8.74% | -3.88% | -11.04% | -8.36% | -13.78% | -7.57% | -4.08% | -5.12% | 27.1% | 28.94% | 135.26% | - | - |
| Total Current Liabilities | 1.25B | 1.49B | 1.33B | 1.07B | 1.09B | 1.41B | 1.06B | 779.54M | 729.59M | 762.52M | 944.12M | 805.47M | 591.94M | 619.57M | 578.96M | 543.63M | 644.59M | 785.12M | 640.1M | 569.77M |
| Accounts Payable | 778.94M | 697.52M | 746.98M | 516.44M | 553.69M | 595.22M | 563.43M | 427.82M | 387.51M | 390.08M | 371.7M | 281.1M | 260.85M | 282.95M | 273.2M | 261.51M | 283.4M | 369.66M | 258.22M | 208.54M |
| Days Payables Outstanding | 297.52 | 319.22 | 316.66 | 281.52 | 337.1 | 343.74 | 142.29 | 310.17 | 290.58 | 117.84 | 109.75 | 94.06 | 95.69 | 95.54 | 66.59 | 83.28 | 97.77 | 100.27 | 80.98 | 72.64 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 200M | 0 | 35.56M | 35.56M | 35.56M | 215M | 215M | 33.31M | 33.31M | 33.31M | 33.31M | 33.31M | 29.56M | 25.81M | 18.31M |
| Deferred Revenue (Current) | 0 | 0 | 47.68M | 45.75M | 44.98M | 72.62M | 69.84M | 75.88M | 74.19M | 80.48M | 78.56M | 77.9M | 74.31M | 66.9M | 64.02M | 65.43M | 68.92M | 76.11M | 78.93M | 84.88M |
| Other Current Liabilities | 0 | 0 | 18.34M | 0 | 0 | 0 | 64.64M | 0 | 0 | 0 | 48.26M | 35.99M | 50.22M | 56.71M | 70.6M | 32.51M | 82.78M | 133.43M | 157.84M | 104.88M |
| Current Ratio | 4.30x | 3.24x | 3.32x | 3.25x | 2.74x | 1.68x | 2.19x | 2.41x | 2.28x | 2.11x | 1.71x | 1.61x | 2.87x | 3.31x | 3.35x | 3.36x | 2.82x | 2.93x | 5.05x | 2.85x |
| Quick Ratio | 4.30x | 3.24x | 3.32x | 3.25x | 2.74x | 1.68x | 2.19x | 2.41x | 2.28x | 2.11x | 1.71x | 1.61x | 2.87x | 3.31x | 3.35x | 3.36x | 2.82x | 2.93x | 5.05x | 2.85x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 3.85B | 3.85B | 3.79B | 3.8B | 3.7B | 3.72B | 3.72B | 3.72B | 3.73B | 3.74B | 3.16B | 3.1B | 3.37B | 3.4B | 3.37B | 3.38B | 3.38B | 3.37B | 3.39B | 1.95B |
| Long-Term Debt | 3.52B | 3.51B | 3.51B | 3.51B | 3.51B | 3.51B | 3.51B | 3.47B | 3.48B | 3.49B | 2.91B | 2.91B | 3.17B | 3.17B | 3.18B | 3.18B | 3.19B | 3.2B | 3.2B | 1.73B |
| Capital Lease Obligations | 0 | 0 | 17.81M | 0 | 0 | 0 | 32.61M | 0 | 0 | 0 | 42.91M | 46.89M | 51.29M | 53.95M | 54.15M | 54.15M | 56.34M | 59.87M | 62.5M | 65.7M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 337.08M | 335.82M | 260.35M | 284.02M | 187.53M | 212.09M | 180.38M | 250.29M | 242.87M | 249.9M | 209.93M | 144.78M | 154.73M | 171.18M | 133.65M | 141.49M | 132.56M | 113.83M | 120.86M | 152.05M |
| Total Liabilities | 5.11B | 5.34B | 5.12B | 4.87B | 4.79B | 5.13B | 4.78B | 4.5B | 4.45B | 4.5B | 4.1B | 3.91B | 3.96B | 4.02B | 3.95B | 3.92B | 4.02B | 4.15B | 4.03B | 2.52B |
| Total Debt | 3.52B | 3.51B | 3.54B | 3.51B | 3.51B | 3.71B | 3.56B | 3.51B | 3.52B | 3.53B | 3.18B | 3.19B | 3.27B | 3.27B | 3.28B | 3.29B | 3.29B | 3.3B | 3.33B | 1.84B |
| Net Debt | 461.77M | 755.35M | 1.06B | 1.85B | 2.32B | 3.16B | 2.81B | 2.94B | 3.06B | 3.09B | 2.68B | 2.86B | 2.39B | 2.03B | 2.2B | 2.34B | 2.34B | 1.89B | 1.81B | 786.7M |
| Debt / Equity | 1.11x | 1.49x | 1.66x | 2.38x | 3.01x | 6.45x | 3.26x | 3.74x | 4.32x | 4.64x | 2.53x | 2.91x | 2.15x | 1.72x | 1.72x | 1.75x | 1.73x | 1.64x | 1.56x | 0.90x |
| Debt / EBITDA | 2.26x | 2.38x | 2.71x | 3.15x | 3.49x | 4.03x | 4.83x | 5.54x | 7.14x | 7.80x | 8.18x | 10.35x | 13.00x | 17.30x | 41.44x | 15.42x | 15.98x | 3294.70x | 19.12x | 11.16x |
| Net Debt / EBITDA | 0.30x | 0.51x | 0.81x | 1.66x | 2.31x | 3.43x | 3.83x | 4.64x | 6.20x | 6.83x | 6.88x | 9.27x | 9.51x | 10.72x | 27.79x | 10.99x | 11.36x | 1884.26x | 10.39x | 4.78x |
| Interest Coverage | 30.43x | 28.98x | 25.44x | 20.85x | 18.20x | 16.02x | 6.47x | 7.24x | 5.27x | 4.61x | 3.72x | 2.39x | 2.88x | 0.96x | -0.21x | 1.03x | 1.48x | -3.94x | 1.94x | 1.91x |
| Total Equity | 3.16B | 2.36B | 2.13B | 1.47B | 1.17B | 575.42M | 1.09B | 938.21M | 814.84M | 760.2M | 1.26B | 1.1B | 1.52B | 1.9B | 1.9B | 1.88B | 1.91B | 2.01B | 2.14B | 2.05B |
| Equity Growth % | 171.01% | 310.74% | 95.87% | 57.1% | 43.23% | -24.31% | -13.25% | -14.38% | -46.3% | -59.96% | -33.97% | -41.77% | -20.44% | -5.66% | -11.02% | -8.16% | -4.52% | 1651.36% | - | - |
| Book Value per Share | 9.36 | 6.98 | 6.28 | 4.32 | 3.41 | 1.67 | 3.15 | 2.69 | 2.34 | 2.18 | 3.62 | 3.07 | 4.14 | 5.09 | 5.07 | 4.97 | 5.10 | 5.41 | 6.24 | 5.33 |
| Total Shareholders' Equity | 3.16B | 2.36B | 2.13B | 1.47B | 1.17B | 575.42M | 1.09B | 938.21M | 814.84M | 760.2M | 1.26B | 1.1B | 1.52B | 1.9B | 1.9B | 1.88B | 1.91B | 2.01B | 2.14B | 2.05B |
| Common Stock | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K |
| Retained Earnings | 2.66B | 1.93B | 1.74B | 1.05B | 723.37M | 173.95M | 599.2M | 0 | -266.84M | -576.81M | -812.99M | -985.22M | -1.09B | -1.17B | -1.17B | -1.09B | -1.11B | -1.09B | -976.95M | -1.01B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -73.81M | -67.77M | -46.99M | -2.66M | -5.15M | -73.19M | -103.1M | -54.39M | -90.63M | -83.9M | -65.27M | -93.66M | -76.53M | -73.38M | -83.38M | -140.15M | -128.35M | -58.99M | -45.45M | -27.56M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 109K | 160K | 201K | 160K |