KPIs & Operating Metrics(New)
Growth Metrics

AppLovin (APP) Free Cash Flow (2020 - 2025)

AppLovin (APP) has disclosed Free Cash Flow for 6 consecutive years, with $1.3 billion as the latest value for Q4 2025.

  • On a quarterly basis, Free Cash Flow rose 87.41% to $1.3 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $4.0 billion, a 89.19% increase, with the full-year FY2025 number at $4.0 billion, up 89.62% from a year prior.
  • Free Cash Flow was $1.3 billion for Q4 2025 at AppLovin, up from $1.1 billion in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $1.3 billion in Q4 2025 to a low of -$33.4 million in Q1 2022.
  • A 5-year average of $395.0 million and a median of $257.0 million in 2023 define the central range for Free Cash Flow.
  • Peak YoY movement for Free Cash Flow: tumbled 153.99% in 2022, then skyrocketed 964.64% in 2023.
  • AppLovin's Free Cash Flow stood at $86.5 million in 2021, then soared by 88.66% to $163.2 million in 2022, then soared by 112.23% to $346.3 million in 2023, then surged by 102.45% to $701.0 million in 2024, then surged by 87.41% to $1.3 billion in 2025.
  • Per Business Quant, the three most recent readings for APP's Free Cash Flow are $1.3 billion (Q4 2025), $1.1 billion (Q3 2025), and $772.2 million (Q2 2025).