AppLovin (APP) Cash from Operations (2020 - 2026)
AppLovin's (APP) quarterly Cash from Operations came in at $869.0 million in Q2 2026, up 12.54% year-over-year from $772.2 million in Q2 2025, and down 32.71% quarter-over-quarter from $1.3 billion in Q1 2026.
Analysis
AppLovin (APP) Cash from Operations (2020 - 2026) Analysis & Trends
AppLovin (APP) has reported Cash from Operations for 7 consecutive years, with $869.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cash from Operations rose 12.54% year-over-year to $869.0 million in Q2 2026; TTM through Jun 2026 was $4.5 billion, a 58.55% increase from a year earlier, with the FY2025 full-year figure at $4.0 billion, up 89.19% from the prior year.
- Cash from Operations was $869.0 million for Q2 2026 at AppLovin, down from $1.3 billion in the prior quarter.
- Over five years, Cash from Operations peaked at $1.3 billion in Q4 2025 and troughed at -$31.7 million in Q1 2022.
- A 5-year average of $539.2 million and a median of $423.7 million in 2024 frame the typical range for Cash from Operations.
- Across the five-year window, Cash from Operations slumped 151.31% in 2022 and soared 1010.06% in 2023, its largest moves.
- Over 5 years, Cash from Operations stood at $163.2 million in 2022, then jumped by 110.78% to $344.0 million in 2023, then surged by 103.79% to $701.0 million in 2024, then soared by 87.41% to $1.3 billion in 2025, then sank by 33.85% to $869.0 million in 2026.
- The last three Cash from Operations figures came in at $869.0 million (Q2 2026), $1.3 billion (Q1 2026), and $1.3 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,982.67 Bn | 3,553.64 Bn | 73.85 Bn | 39.07 Bn |
| 2 | AppLovin | 105.93 Bn | 102.88 Bn | 1.70 Bn | 869.04 Mn |
| 3 | Trade Desk | 6.54 Bn | 5.05 Bn | 530.72 Mn | 153.59 Mn |
| 4 | Magnite | 3.37 Bn | 3.03 Bn | 130.79 Mn | 186.63 Mn |
| 5 | DoubleVerify Holdings | 2.06 Bn | 1.85 Bn | 161.31 Mn | 76.24 Mn |
| 6 | Digital Turbine | 1.34 Bn | 1.30 Bn | - | - |
| 7 | Taboola.com | 1.05 Bn | 919.78 Mn | 139.48 Mn | 31.25 Mn |
| 8 | Quinstreet | 1.01 Bn | 886.58 Mn | 49.81 Mn | 53.15 Mn |
| 9 | Ibotta | 928.43 Mn | 780.26 Mn | 69.72 Mn | 13.26 Mn |
| 10 | Mntn | 876.02 Mn | 638.74 Mn | 66.30 Mn | 26.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 869.04 Mn |
| Mar 31, 2026 | 1.29 Bn |
| Dec 31, 2025 | 1.31 Bn |
| Sep 30, 2025 | 1.05 Bn |
| Jun 30, 2025 | 772.23 Mn |
| Mar 31, 2025 | 831.71 Mn |
| Dec 31, 2024 | 701.00 Mn |
| Sep 30, 2024 | 550.70 Mn |
| Jun 30, 2024 | 454.53 Mn |
| Mar 31, 2024 | 392.78 Mn |
| Dec 31, 2023 | 343.99 Mn |
| Sep 30, 2023 | 199.07 Mn |
| Jun 30, 2023 | 229.79 Mn |
| Mar 31, 2023 | 288.66 Mn |
| Dec 31, 2022 | 163.20 Mn |
| Sep 30, 2022 | 174.48 Mn |
| Jun 30, 2022 | 106.81 Mn |
| Mar 31, 2022 | -31.72 Mn |
| Dec 31, 2021 | 85.02 Mn |
| Sep 30, 2021 | 124.56 Mn |