AppLovin (APP) Liabilities and Shareholders Equity (2020 - 2026)
AppLovin's Liabilities and Shareholders Equity was $8.27 billion in Q2 2026, up 38.8% from $5.96 billion a year earlier and up 7.3% from the prior quarter.
AppLovin (APP) Liabilities and Shareholders Equity (2020 - 2026) Analysis & Trends
At the end of FY2025, Liabilities and Shareholders Equity at AppLovin came in at $7.26 billion, up 23.7% from FY2024.
- Liabilities and Shareholders Equity shows a five-year compound annual growth rate of 27.5% (FY2020 to FY2025).
- In earlier years, Liabilities and Shareholders Equity was $5.87 billion in FY2024 (+9.5%), $5.36 billion in FY2023 (-8.4%), $5.85 billion in FY2022 (-5.1%) and $6.16 billion in FY2021 (+186.1%).
- The Q2 2026 figure marks the highest quarterly Liabilities and Shareholders Equity in data going back to Q4 2020.
- Compared with a year earlier, Liabilities and Shareholders Equity has increased for eight straight quarters, with growth averaging 19.2% over the last eight quarters.
- The best year-over-year quarter for Liabilities and Shareholders Equity over five years was Q4 2021 (growth of 186.1%); the worst was Q3 2023 (a decline of 13.8%).
- Per Business Quant data, APP's Liabilities and Shareholders Equity in the three quarters before Q2 2026 was $7.71 billion (Q1 2026), $7.26 billion (Q4 2025) and $6.34 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,058.06 Bn | 3,815.58 Bn | 73.85 Bn | 921.98 Bn |
| 2 | Meta Platforms | 1,779.41 Bn | 1,481.93 Bn | 49.47 Bn | 449.96 Bn |
| 3 | Netflix | 273.81 Bn | 234.01 Bn | 6.52 Bn | 58.45 Bn |
| 4 | Alibaba Group Holding | 240.80 Bn | 54.58 Bn | 15.11 Bn | 288.82 Bn |
| 5 | Shopify | 226.51 Bn | 203.69 Bn | 1.71 Bn | 14.47 Bn |
| 6 | Uber Technologies | 137.61 Bn | 109.41 Bn | 6.38 Bn | 65.80 Bn |
| 7 | Booking Holdings | 120.69 Bn | 53.74 Bn | - | 29.68 Bn |
| 8 | PDD Holdings | 109.53 Bn | -134.25 Bn | 9.45 Bn | 97.65 Bn |
| 9 | Spotify Technology | 106.90 Bn | 64.41 Bn | 1.86 Bn | 15.70 Bn |
| 10 | AppLovin | 89.25 Bn | 79.28 Bn | 1.70 Bn | 8.27 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.27 Bn |
| Mar 31, 2026 | 7.71 Bn |
| Dec 31, 2025 | 7.26 Bn |
| Sep 30, 2025 | 6.34 Bn |
| Jun 30, 2025 | 5.96 Bn |
| Mar 31, 2025 | 5.71 Bn |
| Dec 31, 2024 | 5.87 Bn |
| Sep 30, 2024 | 5.44 Bn |
| Jun 30, 2024 | 5.27 Bn |
| Mar 31, 2024 | 5.26 Bn |
| Dec 31, 2023 | 5.36 Bn |
| Sep 30, 2023 | 5.01 Bn |
| Jun 30, 2023 | 5.48 Bn |
| Mar 31, 2023 | 5.92 Bn |
| Dec 31, 2022 | 5.85 Bn |
| Sep 30, 2022 | 5.81 Bn |
| Jun 30, 2022 | 5.93 Bn |
| Mar 31, 2022 | 6.17 Bn |
| Dec 31, 2021 | 6.16 Bn |
| Sep 30, 2021 | 4.57 Bn |
AppLovin Liabilities and Shareholders Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=liabilities-and-shareholders-equity&ticker=APP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "ticker": "APP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=liabilities-and-shareholders-equity&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();