AppLovin (APP) Cash & Equivalents (2019 - 2026)
AppLovin's Cash & Equivalents came in at $3.17 billion for Q3 2026, up 90.4% from $1.67 billion a year earlier and up 3.9% from the prior quarter.
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Analysis
AppLovin (APP) Cash & Equivalents (2019 - 2026) Analysis & Trends
At the end of FY2025, AppLovin's Cash & Equivalents was $2.49 billion, up 256.8% from FY2024.
- Cash & Equivalents carries a five-year compound annual growth rate of 51.0% (FY2020 to FY2025).
- Going back by year, Cash & Equivalents was $697.03 million in FY2024 (+38.8%), $502.15 million in FY2023 (-53.5%), $1.08 billion in FY2022 (-28.9%) and $1.52 billion in FY2021 (+379.3%).
- The Q3 2026 figure represents the highest quarterly Cash & Equivalents in data going back to Q4 2019.
- Year-over-year, Cash & Equivalents has increased for nine consecutive quarters, with growth averaging 165.2% over the last eight quarters.
- The fastest year-over-year change in Cash & Equivalents over five years came in Q1 2026 (growth of 400.6%), and the weakest in Q1 2024 (a decline of 65.0%).
- Business Quant data shows APP's Cash & Equivalents at $3.05 billion (Q2 2026), $2.76 billion (Q1 2026) and $2.49 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,522.13 Bn | 3,257.03 Bn | 76.16 Bn | 56.33 Bn |
| 2 | Meta Platforms | 1,639.39 Bn | 1,303.91 Bn | 51.23 Bn | 11.22 Bn |
| 3 | Netflix | 259.77 Bn | 221.06 Bn | 6.80 Bn | 8.19 Bn |
| 4 | Alibaba Group Holding | 238.46 Bn | 60.53 Bn | 15.16 Bn | 21.06 Bn |
| 5 | Shopify | 188.67 Bn | 173.82 Bn | 1.78 Bn | 1.87 Bn |
| 6 | Uber Technologies | 142.87 Bn | 114.08 Bn | 6.42 Bn | 9.56 Bn |
| 7 | AppLovin | 131.04 Bn | 119.57 Bn | 1.94 Bn | 3.17 Bn |
| 8 | Spotify Technology | 124.73 Bn | 81.65 Bn | 1.89 Bn | 6.84 Bn |
| 9 | Booking Holdings | 119.44 Bn | 53.19 Bn | - | 15.81 Bn |
| 10 | PDD Holdings | 113.02 Bn | -131.03 Bn | 9.48 Bn | 19.00 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.17 Bn |
| Jun 30, 2026 | 3.05 Bn |
| Mar 31, 2026 | 2.76 Bn |
| Dec 31, 2025 | 2.49 Bn |
| Sep 30, 2025 | 1.67 Bn |
| Jun 30, 2025 | 1.19 Bn |
| Mar 31, 2025 | 551.02 Mn |
| Dec 31, 2024 | 697.03 Mn |
| Sep 30, 2024 | 567.60 Mn |
| Jun 30, 2024 | 460.45 Mn |
| Mar 31, 2024 | 436.34 Mn |
| Dec 31, 2023 | 502.15 Mn |
| Sep 30, 2023 | 332.49 Mn |
| Jun 30, 2023 | 876.23 Mn |
| Mar 31, 2023 | 1.25 Bn |
| Dec 31, 2022 | 1.08 Bn |
| Sep 30, 2022 | 943.51 Mn |
| Jun 30, 2022 | 951.56 Mn |
| Mar 31, 2022 | 1.41 Bn |
| Dec 31, 2021 | 1.52 Bn |
API Access
AppLovin Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=APP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "APP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();