AppLovin (APP) Change in Receivables (2020 - 2026)
AppLovin's Change in Receivables was $218.46 million in Q3 2026, up 520.7% from $35.2 million a year earlier and up 1.9% from the prior quarter.
AppLovin (APP) Change in Receivables (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, AppLovin's Change in Receivables was $786.49 million through Sep 30, 2026, up 41.4% year-over-year; for FY2025, it came in at $542.22 million, up 16.1% from FY2024.
- Change in Receivables has now increased for three consecutive years, with a five-year compound annual growth rate of 36.8% (FY2020 to FY2025).
- In earlier years, Change in Receivables was $467.03 million in FY2024 (+78.7%), $261.28 million in FY2023 (+49.4%), $174.83 million in FY2022 (-13.4%) and $201.95 million in FY2021 (+78.3%).
- The Q3 2026 figure marks the highest quarterly Change in Receivables since Q4 2024.
- Compared with a year earlier, Change in Receivables was higher in five of the last eight quarters, with growth averaging 113.3%.
- The best year-over-year quarter for Change in Receivables over five years was Q3 2026 (growth of 520.7%); the worst was Q3 2025 (a decline of 68.7%).
- Per Business Quant data, APP's Change in Receivables in the three quarters before Q3 2026 was $214.46 million (Q2 2026), $138.1 million (Q1 2026) and $215.47 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,522.13 Bn | 3,257.03 Bn | 76.16 Bn | 3.92 Bn |
| 2 | Meta Platforms | 1,639.39 Bn | 1,303.91 Bn | 51.23 Bn | 999.00 Mn |
| 3 | Netflix | 259.77 Bn | 221.06 Bn | 6.80 Bn | - |
| 4 | Alibaba Group Holding | 238.46 Bn | 60.53 Bn | 15.16 Bn | - |
| 5 | Shopify | 188.67 Bn | 173.82 Bn | 1.78 Bn | - |
| 6 | Uber Technologies | 142.87 Bn | 114.08 Bn | 6.42 Bn | 99.00 Mn |
| 7 | AppLovin | 131.04 Bn | 119.57 Bn | 1.94 Bn | 218.46 Mn |
| 8 | Spotify Technology | 124.73 Bn | 81.65 Bn | 1.89 Bn | -223.18 Mn |
| 9 | Booking Holdings | 119.44 Bn | 53.19 Bn | - | 112.00 Mn |
| 10 | PDD Holdings | 113.02 Bn | -131.03 Bn | 9.48 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 218.46 Mn |
| Jun 30, 2026 | 214.46 Mn |
| Mar 31, 2026 | 138.10 Mn |
| Dec 31, 2025 | 215.47 Mn |
| Sep 30, 2025 | 35.20 Mn |
| Jun 30, 2025 | 124.17 Mn |
| Mar 31, 2025 | 167.38 Mn |
| Dec 31, 2024 | 229.50 Mn |
| Sep 30, 2024 | 112.35 Mn |
| Jun 30, 2024 | 40.35 Mn |
| Mar 31, 2024 | 84.84 Mn |
| Dec 31, 2023 | 114.48 Mn |
| Sep 30, 2023 | 180.07 Mn |
| Jun 30, 2023 | 32.34 Mn |
| Mar 31, 2023 | -65.61 Mn |
| Dec 31, 2022 | 35.48 Mn |
| Sep 30, 2022 | -24.07 Mn |
| Jun 30, 2022 | -6.83 Mn |
| Mar 31, 2022 | 170.25 Mn |
| Dec 31, 2021 | 101.95 Mn |
AppLovin Change in Receivables 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=change-in-receivables&ticker=APP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "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=change-in-receivables&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();