AppLovin (APP) Current Leases (2020 - 2025)
AppLovin's (APP) quarterly Current Leases came in at $13.9 million in 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.
Analysis
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.
- On a quarterly basis, Current Leases fell 4.01% year-over-year to $13.9 million in Q4 2025; TTM through Dec 2025 was $13.9 million, a 4.01% decrease from a year earlier, with the FY2025 full-year figure at $13.9 million, down 4.01% from the prior year.
- Current Leases was $13.9 million for Q4 2025 at AppLovin, down from $14.5 million in the prior quarter.
- Over five years, Current Leases peaked at $24.5 million in Q2 2021 and troughed at $13.2 million in Q2 2022.
- A 5-year average of $16.3 million and a median of $14.8 million in 2023 frame the typical range for Current Leases.
- Across the five-year window, Current Leases slumped 46.19% in 2022 and increased 6.83% in 2023, its largest moves.
- Over 5 years, Current Leases stood at $18.4 million in 2021, then retreated by 17.06% to $15.3 million in 2022, then dropped by 10.81% to $13.6 million in 2023, then climbed by 6.77% to $14.5 million in 2024, then retreated by 4.01% to $13.9 million in 2025.
- The last three Current Leases figures came in at $13.9 million (Q4 2025), $14.5 million (Q4 2024), and $13.6 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,184.93 Bn | 3,755.89 Bn | 73.85 Bn | - |
| 2 | AppLovin | 103.29 Bn | 100.24 Bn | 1.70 Bn | - |
| 3 | Trade Desk | 6.54 Bn | 5.05 Bn | 530.72 Mn | 80.92 Mn |
| 4 | Magnite | 3.61 Bn | 3.27 Bn | 130.79 Mn | 23.86 Mn |
| 5 | DoubleVerify Holdings | 2.08 Bn | 1.87 Bn | 161.31 Mn | 12.85 Mn |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | - |
| 7 | Quinstreet | 991.48 Mn | 863.16 Mn | 49.81 Mn | - |
| 8 | Ibotta | 965.22 Mn | 817.04 Mn | 69.72 Mn | - |
| 9 | Taboola.com | 906.66 Mn | 773.61 Mn | 139.48 Mn | 33.79 Mn |
| 10 | Mntn | 837.08 Mn | 599.80 Mn | 66.30 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 13.94 Mn |
| Dec 31, 2024 | 14.53 Mn |
| Dec 31, 2023 | 13.61 Mn |
| Sep 30, 2023 | 13.80 Mn |
| Jun 30, 2023 | 14.10 Mn |
| Mar 31, 2023 | 14.99 Mn |
| Dec 31, 2022 | 15.25 Mn |
| Sep 30, 2022 | 13.59 Mn |
| Jun 30, 2022 | 13.20 Mn |
| Mar 31, 2022 | 15.94 Mn |
| Dec 31, 2021 | 18.39 Mn |
| Sep 30, 2021 | 21.28 Mn |
| Jun 30, 2021 | 24.54 Mn |
| Mar 31, 2021 | 21.73 Mn |
| Dec 31, 2020 | 22.21 Mn |