AppLovin APP
NASDAQ APP
$310.79 +2.73 (+0.88%)
As of: Sep 21, 2026 · 9:40 AM EDT

AppLovin (APP) Debt Ratio (2020 - 2026)

AppLovin's (APP) quarterly Debt Ratio came in at 0.43 in Q2 2026, down 27.85% year-over-year from 0.59 in Q2 2025, and down 6.76% quarter-over-quarter from 0.46 in Q1 2026.

Analysis

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

AppLovin (APP) has reported Debt Ratio for 7 consecutive years, with 0.43 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 27.85% year-over-year to 0.43 in Q2 2026; TTM through Jun 2026 was 0.43, a 27.85% decrease from a year earlier, with the FY2025 full-year figure at 0.48, down 19.06% from the prior year.
  • Debt Ratio was 0.43 for Q2 2026 at AppLovin, down from 0.46 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.69 in Q1 2025 and troughed at 0.43 in Q2 2026.
  • A 5-year average of 0.58 and a median of 0.57 in 2022 frame the typical range for Debt Ratio.
  • The widest YoY moves for Debt Ratio: up 44.7% in 2022, down 36.37% in 2022.
  • Over 5 years, Debt Ratio stood at 0.55 in 2022, then gained by 19.4% to 0.66 in 2023, then decreased by 9.77% to 0.6 in 2024, then fell by 19.06% to 0.48 in 2025, then decreased by 12.16% to 0.43 in 2026.
  • The last three Debt Ratio figures came in at 0.43 (Q2 2026), 0.46 (Q1 2026), and 0.48 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Alphabet 4,184.93 Bn 3,755.89 Bn 73.85 Bn 0.11
2 AppLovin 103.29 Bn 100.24 Bn 1.70 Bn 0.43
3 Trade Desk 6.54 Bn 5.05 Bn 530.72 Mn -
4 Magnite 3.61 Bn 3.27 Bn 130.79 Mn 0.12
5 DoubleVerify Holdings 2.08 Bn 1.87 Bn 161.31 Mn -
6 Digital Turbine 1.28 Bn 1.24 Bn - 0.44
7 Quinstreet 991.48 Mn 863.16 Mn 49.81 Mn 0.13
8 Ibotta 965.22 Mn 817.04 Mn 69.72 Mn -
9 Taboola.com 906.66 Mn 773.61 Mn 139.48 Mn 0.05
10 Mntn 837.08 Mn 599.80 Mn 66.30 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.43
Mar 31, 2026 0.46
Dec 31, 2025 0.48
Sep 30, 2025 0.55
Jun 30, 2025 0.59
Mar 31, 2025 0.69
Dec 31, 2024 0.60
Sep 30, 2024 0.65
Jun 30, 2024 0.67
Mar 31, 2024 0.68
Dec 31, 2023 0.66
Sep 30, 2023 0.67
Jun 30, 2023 0.59
Mar 31, 2023 0.55
Dec 31, 2022 0.55
Sep 30, 2022 0.56
Jun 30, 2022 0.55
Mar 31, 2022 0.53
Dec 31, 2021 0.53
Sep 30, 2021 0.39