AppLovin (APP) Operating Leases (2020 - 2025)

AppLovin (APP) has reported Operating Leases for 6 consecutive years, with $31.8 million the latest figure, recorded in Q4 2025.

• On a quarterly basis, Operating Leases rose 2.1% year-over-year to $31.8 million in Q4 2025; TTM through Dec 2025 was $31.8 million, a 2.1% increase from a year earlier, with the FY2025 full-year figure at $31.8 million, up 2.1% from the prior year.
• Operating Leases was $31.8 million for Q4 2025 at AppLovin, up from $31.1 million in the prior quarter.
• Over five years, Operating Leases peaked at $66.6 million in Q1 2021 and troughed at $31.1 million in Q4 2024.
• A 5-year average of $53.0 million and a median of $54.2 million in 2022 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases dropped 27.51% in 2024 and climbed 2.1% in 2025, its largest moves.
• Over 5 years, Operating Leases stood at $62.5 million in 2021, then dropped by 13.35% to $54.2 million in 2022, then retreated by 20.77% to $42.9 million in 2023, then retreated by 27.51% to $31.1 million in 2024, then rose by 2.1% to $31.8 million in 2025.
• The last three Operating Leases figures came in at $31.8 million (Q4 2025), $31.1 million (Q4 2024), and $42.9 million (Q4 2023), per Business Quant data.