AppLovin (APP) Current Assets (2020 - 2026)
AppLovin (APP) reported Current Assets of $5.7 billion for Q3 2026, up 63.6% from $3.49 billion a year earlier and up 5.8% from the prior quarter.
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Analysis
AppLovin (APP) Current Assets (2020 - 2026) Analysis & Trends
At the end of FY2025, AppLovin posted Current Assets of $4.43 billion, up 91.6% from FY2024.
- Current Assets has a five-year compound annual growth rate of 46.2% (FY2020 to FY2025).
- By year, Current Assets came in at $2.31 billion in FY2024 (+43.1%), $1.62 billion in FY2023 (-16.7%), $1.94 billion in FY2022 (-40.1%) and $3.24 billion in FY2021 (+387.9%).
- The Q3 2026 figure ranks as the highest quarterly Current Assets in data going back to Q4 2020.
- Year over year, Current Assets has now increased in each of the last nine quarters, with growth averaging 74.6% over the last eight quarters.
- The high point for year-over-year Current Assets in five years was Q4 2021 (growth of 387.9%); the low point was Q4 2022 (a decline of 40.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $5.39 billion (Q2 2026), $4.85 billion (Q1 2026) and $4.43 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,555.16 Bn | 3,290.06 Bn | 76.16 Bn | 374.67 Bn |
| 2 | Meta Platforms | 1,645.02 Bn | 1,309.54 Bn | 51.23 Bn | 119.90 Bn |
| 3 | Netflix | 259.98 Bn | 221.27 Bn | 6.80 Bn | 13.22 Bn |
| 4 | Alibaba Group Holding | 242.36 Bn | 241.21 Bn | - | 88.37 Bn |
| 5 | Shopify | 192.37 Bn | 171.18 Bn | 1.78 Bn | 7.79 Bn |
| 6 | Uber Technologies | 142.90 Bn | 113.72 Bn | 6.42 Bn | 17.87 Bn |
| 7 | AppLovin | 130.75 Bn | 119.27 Bn | 1.94 Bn | 5.70 Bn |
| 8 | Spotify Technology | 122.74 Bn | 105.49 Bn | - | 12.33 Bn |
| 9 | Booking Holdings | 122.04 Bn | 55.79 Bn | - | 21.59 Bn |
| 10 | PDD Holdings | 111.67 Bn | 111.67 Bn | - | 74.18 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.70 Bn |
| Jun 30, 2026 | 5.39 Bn |
| Mar 31, 2026 | 4.85 Bn |
| Dec 31, 2025 | 4.43 Bn |
| Sep 30, 2025 | 3.49 Bn |
| Jun 30, 2025 | 2.99 Bn |
| Mar 31, 2025 | 2.37 Bn |
| Dec 31, 2024 | 2.31 Bn |
| Sep 30, 2024 | 1.88 Bn |
| Jun 30, 2024 | 1.66 Bn |
| Mar 31, 2024 | 1.61 Bn |
| Dec 31, 2023 | 1.62 Bn |
| Sep 30, 2023 | 1.30 Bn |
| Jun 30, 2023 | 1.70 Bn |
| Mar 31, 2023 | 2.05 Bn |
| Dec 31, 2022 | 1.94 Bn |
| Sep 30, 2022 | 1.82 Bn |
| Jun 30, 2022 | 1.82 Bn |
| Mar 31, 2022 | 2.30 Bn |
| Dec 31, 2021 | 3.24 Bn |
API Access
AppLovin Current Assets 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=current-assets&ticker=APP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-assets", "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=current-assets&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();