KPIs & Operating Metrics(New)
Growth Metrics

AppLovin (APP) Operating Leases (2020 - 2025)

AppLovin (APP) has disclosed Operating Leases for 6 consecutive years, with $17.8 million as the latest value for Q4 2025.

  • Quarterly Operating Leases fell 42.73% to $17.8 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $17.8 million through Dec 2025, down 42.73% year-over-year, with the annual reading at $17.8 million for FY2025, 42.73% down from the prior year.
  • Operating Leases for Q4 2025 was $17.8 million at AppLovin, down from $31.1 million in the prior quarter.
  • The five-year high for Operating Leases was $66.6 million in Q1 2021, with the low at $17.8 million in Q4 2025.
  • Average Operating Leases over 5 years is $52.0 million, with a median of $54.2 million recorded in 2022.
  • The sharpest move saw Operating Leases fell 8.96% in 2023, then plummeted 42.73% in 2025.
  • Over 5 years, Operating Leases stood at $62.5 million in 2021, then dropped by 13.35% to $54.2 million in 2022, then dropped by 20.77% to $42.9 million in 2023, then dropped by 27.51% to $31.1 million in 2024, then tumbled by 42.73% to $17.8 million in 2025.
  • According to Business Quant data, Operating Leases over the past three periods came in at $17.8 million, $31.1 million, and $42.9 million for Q4 2025, Q4 2024, and Q4 2023 respectively.