AppLovin (APP) Net Cash Flow (2020 - 2026)
AppLovin (APP) recorded Net Cash Flow of $296.18 million in Q2 2026, down 53.5% from $636.4 million a year earlier but up 8.1% from the prior quarter.
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Analysis
AppLovin (APP) Net Cash Flow (2020 - 2026) Analysis & Trends
On a TTM basis, AppLovin's Net Cash Flow came in at $1.86 billion as of Jun 30, 2026, up 157.4% year-over-year; for FY2025, it was $1.74 billion, up 616.3% from FY2024.
- Across earlier years, Net Cash Flow came in at $242.41 million in FY2024, -$579.11 million in FY2023, -$1.49 billion in FY2022 and $2.26 billion in FY2021.
- Quarterly Net Cash Flow has ranged from -$1.16 billion in Q1 2022 to $1.52 billion in Q4 2021 over the past five years.
- On a year-over-year basis, Net Cash Flow rose in three of the last four quarters, with growth averaging 168.4%.
- Per Business Quant, the preceding three quarters came in at $273.91 million (Q1 2026), $819.69 million (Q4 2025) and $473.53 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,051.87 Bn | 3,809.40 Bn | 73.85 Bn | 17.88 Bn |
| 2 | Meta Platforms | 1,786.85 Bn | 1,489.37 Bn | 49.47 Bn | -1.82 Bn |
| 3 | Netflix | 272.91 Bn | 233.11 Bn | 6.52 Bn | -3.14 Bn |
| 4 | Alibaba Group Holding | 240.46 Bn | 54.23 Bn | 15.11 Bn | 1.98 Bn |
| 5 | Shopify | 226.17 Bn | 203.35 Bn | 1.71 Bn | -188.00 Mn |
| 6 | Uber Technologies | 137.31 Bn | 109.11 Bn | 6.38 Bn | -987.00 Mn |
| 7 | Booking Holdings | 120.61 Bn | 53.66 Bn | - | 1.44 Bn |
| 8 | PDD Holdings | 109.37 Bn | -134.40 Bn | 9.45 Bn | 836.52 Mn |
| 9 | Spotify Technology | 106.67 Bn | 64.17 Bn | 1.86 Bn | 767.16 Mn |
| 10 | AppLovin | 88.78 Bn | 78.82 Bn | 1.70 Bn | 296.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 296.18 Mn |
| Mar 31, 2026 | 273.91 Mn |
| Dec 31, 2025 | 819.69 Mn |
| Sep 30, 2025 | 473.53 Mn |
| Jun 30, 2025 | 636.40 Mn |
| Mar 31, 2025 | -193.17 Mn |
| Dec 31, 2024 | 177.48 Mn |
| Sep 30, 2024 | 103.23 Mn |
| Jun 30, 2024 | 25.17 Mn |
| Mar 31, 2024 | -63.47 Mn |
| Dec 31, 2023 | 166.66 Mn |
| Sep 30, 2023 | -540.92 Mn |
| Jun 30, 2023 | -369.12 Mn |
| Mar 31, 2023 | 164.27 Mn |
| Dec 31, 2022 | 130.07 Mn |
| Sep 30, 2022 | -3.92 Mn |
| Jun 30, 2022 | -454.81 Mn |
| Mar 31, 2022 | -1.16 Bn |
| Dec 31, 2021 | 1.52 Bn |
| Sep 30, 2021 | -133.67 Mn |
API Access
AppLovin Net Cash Flow 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=net-cash-flow&ticker=APP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();