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Growth Metrics

AppLovin (APP) Debt to Equity (2020 - 2025)

Historic Debt to Equity for AppLovin (APP) over the last 6 years, with Q3 2025 value amounting to $2.38.

  • AppLovin's Debt to Equity fell 3631.09% to $2.38 in Q3 2025 from the same period last year, while for Sep 2025 it was $2.38, marking a year-over-year decrease of 3631.09%. This contributed to the annual value of $3.22 for FY2024, which is 2961.34% up from last year.
  • Per AppLovin's latest filing, its Debt to Equity stood at $2.38 for Q3 2025, which was down 3631.09% from $3.01 recorded in Q2 2025.
  • Over the past 5 years, AppLovin's Debt to Equity peaked at $6.45 during Q1 2025, and registered a low of -$16.59 during Q1 2021.
  • Its 5-year average for Debt to Equity is $1.59, with a median of $2.11 in 2023.
  • Its Debt to Equity has fluctuated over the past 5 years, first skyrocketed by 17464.23% in 2024, then tumbled by 3631.09% in 2025.
  • Over the past 5 years, AppLovin's Debt to Equity (Quarter) stood at $1.51 in 2021, then increased by 11.82% to $1.69 in 2022, then soared by 47.16% to $2.48 in 2023, then grew by 29.61% to $3.22 in 2024, then fell by 26.0% to $2.38 in 2025.
  • Its Debt to Equity stands at $2.38 for Q3 2025, versus $3.01 for Q2 2025 and $6.45 for Q1 2025.