AppLovin (APP) Free Cash Flow (2020 - 2026)

AppLovin (APP) has 7 years of Free Cash Flow data on file, last reported at $1.3 billion in Q1 2026.

• Free Cash Flow for Q1 2026 came in at $1.3 billion, up 55.27% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.4 billion (up 74.58% YoY), and the FY2025 annual result was $4.0 billion, up 89.62% from the prior year.
• Free Cash Flow slipped to $1.3 billion in Q1 2026 per APP's latest filing, from $1.3 billion in the prior quarter.
• Over five years, Free Cash Flow peaked at $1.3 billion in Q4 2025 and troughed at -$32.0 million in Q1 2022.
• A 5-year average of $519.5 million and a median of $392.8 million in 2024 frame the typical range for Free Cash Flow.
• The sharpest annual moves came in 2022 and 2023: Free Cash Flow slumped 151.77% in 2022, then jumped 1001.74% in 2023.
• A 5-year view of Free Cash Flow shows it stood at $163.2 million in 2022, then surged by 112.23% to $346.3 million in 2023, then jumped by 102.45% to $701.0 million in 2024, then jumped by 87.41% to $1.3 billion in 2025, then declined by 1.7% to $1.3 billion in 2026.
• Business Quant data shows APP's Free Cash Flow at $1.3 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.1 billion in Q3 2025.