AppLovin Corporation (APP) quarterly cash flow statement — complete operating, investing & financing history
AppLovin Corporation (APP) cash flow statement — 8-year operating, investing & financing cash flows
| 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 |
|---|
| Cash from Operations | 869.04M | 1.29B | 1.31B | 1.05B | 772.23M | 831.71M | 701M | 550.7M | 454.53M | 392.78M | 343.99M | 199.07M | 229.79M | 288.66M | 163.2M | 174.48M | 106.81M | -31.72M | 85.02M | 124.56M |
| Operating CF Margin % | 45.18% | 70.09% | 79.24% | 74.97% | 61.35% | 71.76% | 51.06% | 65.94% | 63.93% | 37.12% | 36.09% | 23.03% | 30.63% | 40.35% | 23.24% | 24.47% | 13.76% | -5.07% | 10.71% | 17.13% |
| Operating CF Growth % | 12.54% | 55.27% | 87.41% | 91.29% | 69.9% | 111.75% | 103.79% | 176.64% | 97.8% | 36.07% | 110.78% | 14.09% | 115.14% | 1010.06% | 91.96% | 40.08% | 18.08% | -151.31% | - | - |
| Net Income | 1.27B | 1.21B | 1.1B | 835.54M | 819.53M | 576.42M | 599.2M | 434.42M | 309.97M | 236.18M | 172.23M | 108.64M | 80.36M | -4.52M | -79.51M | 23.66M | -21.8M | -115.3M | 31.41M | 142K |
| Depreciation & Amortization | 32.56M | 33.66M | 32.74M | 35.1M | 47.05M | 79.89M | 127.84M | 99.64M | 108.54M | 112.67M | 119.11M | 121.8M | 119.89M | 128.21M | 101.58M | 163.83M | 152.69M | 128.99M | 115.65M | 119.44M |
| Stock-Based Compensation | 85.61M | 83.37M | 80.25M | 33.14M | 35.74M | 61.28M | 93.83M | 81.56M | 98.72M | 95.25M | 88.05M | 110.84M | 81.25M | 82.97M | 47.67M | 42.15M | 57.16M | 44.64M | 41.35M | 34.73M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -150.46M | -16.48M | -9.38M | 39.27M | -72.7M | 197.03M | 33.5M | 6.93M | 1.76M | 8.54M | 39.53M | 9.37M | 3.32M | 9.14M | 133.92M | 7.69M | 8.36M | 9.5M | 16.15M | 3.82M |
| Working Capital Changes | -365.21M | -14.78M | 107.87M | 110.36M | -57.41M | -82.9M | -153.37M | -71.84M | -64.47M | -59.86M | -74.94M | -151.58M | -55.03M | 72.87M | -40.45M | -62.84M | -89.59M | -99.55M | -119.55M | -33.56M |
| Change in Receivables | -214.46M | -138.1M | -215.47M | -35.2M | -124.17M | -167.38M | -229.5M | -112.34M | -40.35M | -84.84M | -114.48M | -180.07M | -32.34M | 65.61M | -35.48M | 24.07M | 6.83M | -170.25M | -101.95M | -30.12M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 79.17M | -49.56M | 230.42M | -36.97M | 6.5M | 32.55M | 134.01M | 40.12M | -2.6M | 18.06M | 90.62M | 20.22M | -21.99M | 9.72M | 11.36M | -21.65M | -97.83M | 111.6M | 49.27M | 15.41M |
| Cash from Investing | -2.44M | -5.25M | -828K | -64.01M | 445.93M | -22.66M | -367K | -6.4M | -68.36M | -31.64M | -6.8M | -15.83M | -42.22M | -12.97M | 22.29M | -42.01M | -292M | -1.06B | -8.68M | -183.07M |
| Capital Expenditures | 0 | 0 | -28.32M | 0 | 0 | 0 | -4.78M | -3.2M | 0 | 0 | -244K | -183K | -3.75M | -70K | -41K | -221K | -115K | -285K | -428K | -309K |
| CapEx % of Revenue | - | - | 1.71% | - | - | - | 0.35% | 0.38% | - | - | 0.03% | 0.02% | 0.5% | 0.01% | 0.01% | 0.03% | 0.01% | 0.05% | 0.05% | 0.04% |
| Acquisitions | 0 | 0 | 0 | -424.7M | 424.7M | 0 | -25.55M | 0 | 0 | 0 | -12.08M | -13.46M | -36.16M | -2.19M | -4.13M | -41.35M | -248.54M | -1.05B | -7.69M | -181.78M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -2.44M | -5.25M | 27.49M | 362.19M | 21.23M | -3.99M | 29.96M | -2.55M | -20.36M | -3.3M | 6.52M | -2.09M | -2.31M | 6.12M | 36.25M | -443K | -950K | 504K | -557K | 16K |
| Cash from Financing | -570.42M | -1.01B | -493.21M | -560.26M | -537.38M | -1B | -523.16M | -441.07M | -361M | -424.61M | -170.52M | -724.15M | -556.7M | -111.42M | -55.41M | -136.39M | -269.62M | -65.42M | 1.45B | -75.16M |
| Debt Issued (Net) | 0 | 0 | -20.51M | -200M | -200M | 200M | -16.83M | -8.89M | -8.89M | 403.36M | -11.59M | -78.56M | -8.33M | -8.33M | -14.31M | -14.1M | -10.73M | -10.75M | 1.46B | -9.65M |
| Equity Issued (Net) | -551.23M | -981.72M | -413.3M | -495.71M | -262.02M | -1B | -625K | -228.45M | 9.32M | -752.22M | 5.91M | -581.49M | -507.2M | -64.9M | 0 | -94.86M | -200.32M | -43.7M | 0 | 988K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -551.23M | -981.72M | -417.62M | -501.9M | -271.52M | -1B | -625K | -228.45M | 0 | -752.22M | 0 | -581.49M | -507.2M | -64.9M | 0 | -94.86M | -200.32M | -43.7M | 0 | 0 |
| Other Financing | -19.19M | -30.51M | -59.4M | 135.45M | -75.35M | -201.31M | -505.7M | -203.74M | -361.43M | -75.75M | -164.84M | -64.11M | -41.16M | -38.19M | -41.1M | -27.43M | -58.58M | -10.97M | -11.83M | -66.5M |
| Net Change in Cash | 294.63M | 271.57M | 820.2M | 474.29M | 641.58M | -190.39M | 173.81M | 107.15M | 24.11M | -65.82M | 169.66M | -543.74M | -369.67M | 165.41M | 136.98M | -8.05M | -461.7M | -1.16B | 1.52B | -134.13M |
| Free Cash Flow | 869.04M | 1.29B | 1.29B | 1.05B | 772.23M | 831.71M | 696.23M | 547.5M | 454.53M | 392.78M | 350.27M | 185.61M | 226.04M | 288.66M | 161.75M | 172.32M | 105.75M | -33.66M | 83.38M | 122.91M |
| FCF Margin % | 45.18% | 70.09% | 77.53% | 74.97% | 61.35% | 71.76% | 50.72% | 65.55% | 63.93% | 37.12% | 36.74% | 21.48% | 30.13% | 40.35% | 23.03% | 24.17% | 13.62% | -5.38% | 10.51% | 16.91% |
| FCF Growth % | 12.54% | 55.27% | 84.63% | 92.41% | 69.9% | 111.75% | 98.77% | 194.98% | 101.08% | 36.07% | 116.54% | 7.71% | 113.76% | 957.53% | 94% | 40.2% | 19.61% | -154.56% | - | - |
| FCF per Share | 2.57 | 3.81 | 3.78 | 3.09 | 2.26 | 2.41 | 2.01 | 1.57 | 1.31 | 1.13 | 1.01 | 0.52 | 0.62 | 0.77 | 0.43 | 0.46 | 0.28 | -0.09 | 0.24 | 0.32 |
| FCF Conversion (FCF/Net Income) | 0.69x | 1.07x | 1.19x | 1.26x | 0.94x | 1.44x | 1.17x | 1.27x | 1.47x | 1.66x | 2.00x | 1.83x | 2.86x | -63.89x | -2.05x | 7.34x | -4.91x | 0.28x | 2.71x | 699.78x |
| Interest Paid | 99.65M | 1.69M | 97.77M | 1.47M | 97.16M | 2.39M | 50.48M | 75.15M | 73.8M | 71.19M | 64.23M | 65.65M | 51.94M | 67.01M | 58.31M | 45.78M | 33M | 28.86M | 29.67M | 15.25M |
| Taxes Paid | 639.82M | 106.68M | 27.55M | 66.67M | 95.02M | 5.6M | 5.51M | 29.06M | 29.19M | 3.58M | 62.68M | 5.94M | 4.99M | 1.82M | 27.49M | 39.24M | 15.12M | 4.41M | 18.43M | 39.45M |