AppLovin (APP) Current Leases (2020 - 2025)
AppLovin (APP) posted quarterly Current Leases of $13.9 million for Q4 2025, down 4.01% year-over-year from $14.5 million in Q4 2024, and down 4.01% quarter-over-quarter from $14.5 million in Q4 2024.
AppLovin (APP) Current Leases (2020 - 2025) Analysis & Trends
AppLovin (APP) has reported Current Leases for 6 consecutive years, with $13.9 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Current Leases fell 4.01% year-over-year to $13.9 million; the TTM figure through Dec 2025 stood at $13.9 million (down 4.01% YoY), while the FY2025 annual figure was $13.9 million, down 4.01% from the prior year.
- Current Leases fell to $13.9 million in Q4 2025 per APP's latest filing, from $14.5 million in the prior quarter.
- Across five years, Current Leases topped out at $18.4 million in Q4 2021 and bottomed at $6.8 million in Q3 2022.
- Historically, Current Leases has averaged $14.8 million across 5 years, with a median of $14.4 million in 2022.
- Annual changes were most pronounced in 2022 — Current Leases slumped 61.87% — and 2023, when it soared 97.19%.
- AppLovin's Current Leases stood at $18.4 million in 2021, then fell by 22.06% to $14.3 million in 2022, then retreated by 5.09% to $13.6 million in 2023, then increased by 6.77% to $14.5 million in 2024, then slipped by 4.01% to $13.9 million in 2025.
- Business Quant data shows APP's Current Leases at $13.9 million in Q4 2025, $14.5 million in Q4 2024, and $13.6 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 103.70 Bn | 100.65 Bn | 1.70 Bn | - |
| 2 | Omnicom | 24.37 Bn | 21.03 Bn | 1.30 Bn | - |
| 3 | Trade Desk | 6.27 Bn | 4.78 Bn | 530.72 Mn | 80.92 Mn |
| 4 | Wpp | 5.67 Bn | 2.50 Bn | - | - |
| 5 | Magnite | 3.35 Bn | 3.02 Bn | 130.79 Mn | 23.86 Mn |
| 6 | Stagwell | 2.09 Bn | 1.98 Bn | 269.24 Mn | 53.95 Mn |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn | 12.85 Mn |
| 8 | Ziff Davis | 2.02 Bn | 410.50 Mn | 241.03 Mn | - |
| 9 | Clear Channel Outdoor Holdings | 1.22 Bn | 1.02 Bn | 241.86 Mn | 134.38 Mn |
| 10 | Quinstreet | 1.17 Bn | 1.06 Bn | 41.34 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 13.94 Mn |
| Dec 31, 2024 | 14.53 Mn |
| Dec 31, 2023 | 13.61 Mn |
| Sep 30, 2023 | 13.39 Mn |
| Jun 30, 2023 | 14.10 Mn |
| Mar 31, 2023 | 14.99 Mn |
| Dec 31, 2022 | 14.33 Mn |
| Sep 30, 2022 | 6.79 Mn |
| Jun 30, 2022 | 13.20 Mn |
| Mar 31, 2022 | 15.94 Mn |
| Dec 31, 2021 | 18.39 Mn |
| Sep 30, 2021 | 17.81 Mn |
| Jun 30, 2021 | 17.86 Mn |
| Mar 31, 2021 | 17.67 Mn |
| Dec 31, 2020 | 22.21 Mn |