AppLovin (APP) Invested Capital (2020 - 2026)

AppLovin (APP) has reported Invested Capital for 7 consecutive years, with $6.7 billion the latest figure, recorded in Q2 2026.

• On a quarterly basis, Invested Capital rose 42.75% year-over-year to $6.7 billion in Q2 2026; TTM through Jun 2026 was $6.7 billion, a 42.75% increase from a year earlier, with the FY2025 full-year figure at $5.6 billion, up 22.81% from the prior year.
• Invested Capital was $6.7 billion for Q2 2026 at AppLovin, up from $5.9 billion in the prior quarter.
• Over five years, Invested Capital peaked at $6.7 billion in Q2 2026 and troughed at $4.3 billion in Q1 2024.
• A 5-year average of $5.0 billion and a median of $4.9 billion in 2023 frame the typical range for Invested Capital.
• Across the five-year window, Invested Capital surged 157.67% in 2022 and dropped 15.89% in 2024, its largest moves.
• Over 5 years, Invested Capital stood at $5.1 billion in 2022, then fell by 6.61% to $4.8 billion in 2023, then slipped by 4.34% to $4.6 billion in 2024, then gained by 22.81% to $5.6 billion in 2025, then increased by 18.25% to $6.7 billion in 2026.
• The last three Invested Capital figures came in at $6.7 billion (Q2 2026), $5.9 billion (Q1 2026), and $5.6 billion (Q4 2025), per Business Quant data.