AppLovin (APP) Debt Ratio (2020 - 2026)

AppLovin (APP) reported Debt Ratio of 0.46 for Q1 2026, down 29.87% year-over-year from 0.65 in Q1 2025, and down 5.79% quarter-over-quarter from 0.48 in Q4 2025.

AppLovin (APP) Debt Ratio (2020 - 2026) Analysis & Trends

AppLovin (APP) has 7 years of Debt Ratio data on file, last reported at 0.46 in Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.46, down 29.87% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.46 (down 29.87% YoY), and the FY2025 annual result was 0.48, down 19.06% from the prior year.
  • Debt Ratio eased to 0.46 in Q1 2026 per APP's latest filing, from 0.48 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.67 in Q1 2024 and troughed at 0.46 in Q1 2026.
  • A 5-year average of 0.58 and a median of 0.58 in 2023 frame the typical range for Debt Ratio.
  • On a YoY basis, Debt Ratio climbed as much as 44.72% in 2022 and fell as far as 36.41% in 2022.
  • A 5-year view of Debt Ratio shows it stood at 0.55 in 2022, then advanced by 6.03% to 0.58 in 2023, then climbed by 2.66% to 0.6 in 2024, then retreated by 19.06% to 0.48 in 2025, then slipped by 5.79% to 0.46 in 2026.
  • Business Quant data shows APP's Debt Ratio at 0.46 in Q1 2026, 0.48 in Q4 2025, and 0.55 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 AppLovin 175.91 Bn 173.15 Bn 1.78 Bn 0.46
2 Omnicom 22.52 Bn 18.86 Bn 1.04 Bn 0.20
3 Trade Desk 9.46 Bn 8.05 Bn 506.89 Mn -
4 Wpp 2.71 Bn -875.81 Mn - 0.21
5 Nexxen International 2.36 Bn 2.23 Bn 70.41 Mn -
6 Magnite 2.27 Bn 2.09 Bn 118.28 Mn 0.12
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn 0.26
8 DoubleVerify Holdings 1.69 Bn 1.51 Bn 135.23 Mn -
9 Stagwell 1.60 Bn 1.51 Bn 244.61 Mn 0.34
10 Clear Channel Outdoor Holdings 1.19 Bn 1.02 Bn 193.76 Mn 1.37

Historic Data

Download Data
DateValue
Mar 31, 2026 0.46
Dec 31, 2025 0.48
Sep 30, 2025 0.55
Jun 30, 2025 0.59
Mar 31, 2025 0.65
Dec 31, 2024 0.60
Sep 30, 2024 0.64
Jun 30, 2024 0.67
Mar 31, 2024 0.67
Dec 31, 2023 0.58
Sep 30, 2023 0.62
Jun 30, 2023 0.58
Mar 31, 2023 0.54
Dec 31, 2022 0.55
Sep 30, 2022 0.55
Jun 30, 2022 0.54
Mar 31, 2022 0.52
Dec 31, 2021 0.52
Sep 30, 2021 0.38
Jun 30, 2021 0.38