AppLovin (APP) Net Cash Flow (2020 - 2026)
AppLovin (APP) recorded Net Cash Flow of $120.85 million in Q3 2026, down 74.5% from $473.53 million a year earlier and down 59.2% 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 $1.51 billion as of Sep 30, 2026, up 38.1% 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.
- The Q3 2026 figure is the lowest quarterly Net Cash Flow since Q1 2025.
- On a year-over-year basis, Net Cash Flow rose in three of the last five quarters, with growth averaging 119.8%.
- Per Business Quant, the preceding three quarters came in at $296.18 million (Q2 2026), $273.91 million (Q1 2026) and $819.69 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,555.16 Bn | 3,290.06 Bn | 76.16 Bn | 378.00 Mn |
| 2 | Meta Platforms | 1,645.02 Bn | 1,309.54 Bn | 51.23 Bn | -4.93 Bn |
| 3 | Netflix | 259.98 Bn | 221.27 Bn | 6.80 Bn | -924.00 Mn |
| 4 | Alibaba Group Holding | 242.36 Bn | 241.21 Bn | - | - |
| 5 | Shopify | 192.37 Bn | 171.18 Bn | 1.78 Bn | 211.00 Mn |
| 6 | Uber Technologies | 142.90 Bn | 113.72 Bn | 6.42 Bn | 5.02 Bn |
| 7 | AppLovin | 130.75 Bn | 119.27 Bn | 1.94 Bn | 120.85 Mn |
| 8 | Spotify Technology | 122.74 Bn | 105.49 Bn | - | - |
| 9 | Booking Holdings | 122.04 Bn | 55.79 Bn | - | -1.46 Bn |
| 10 | PDD Holdings | 111.67 Bn | 111.67 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 120.85 Mn |
| 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 |
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();