AppLovin (APP) Other Working Capital Changes (2020 - 2026)
AppLovin (APP) posted Other Working Capital Changes of $73.37 million for Q2 2026, compared with -$10.24 million a year earlier.
AppLovin (APP) Other Working Capital Changes (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Other Working Capital Changes at AppLovin was -$119.39 million; for FY2025, it came in at -$134.66 million.
- In prior years, AppLovin's Other Working Capital Changes was $185.33 million in FY2024 (+38.3%), $133.97 million in FY2023 (+73.2%), $77.34 million in FY2022 (+68.4%) and $45.94 million in FY2021 (+29.4%).
- The Q2 2026 figure stands as the highest quarterly Other Working Capital Changes since Q4 2024.
- On a year-over-year basis, Other Working Capital Changes increased in three of the last four quarters, with growth averaging 249.5%.
- The strongest year-over-year quarter for Other Working Capital Changes in the past five years was Q1 2025, with growth of 507.3%; the weakest was Q2 2024, with a decline of 47.0%.
- According to Business Quant data, Other Working Capital Changes for the three prior quarters was -$16.48 million (Q1 2026), -$215.55 million (Q4 2025) and $39.27 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,066.39 Bn | 3,823.92 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,800.77 Bn | 1,503.29 Bn | 49.47 Bn |
| 3 | Netflix | 274.88 Bn | 235.08 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 242.41 Bn | 56.18 Bn | 15.11 Bn |
| 5 | Shopify | 228.17 Bn | 205.35 Bn | 1.71 Bn |
| 6 | Uber Technologies | 138.83 Bn | 110.62 Bn | 6.38 Bn |
| 7 | Booking Holdings | 121.78 Bn | 54.83 Bn | - |
| 8 | PDD Holdings | 110.42 Bn | -133.36 Bn | 9.45 Bn |
| 9 | Spotify Technology | 107.25 Bn | 64.75 Bn | 1.86 Bn |
| 10 | AppLovin | 90.16 Bn | 80.20 Bn | 1.70 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -47.06 Mn |
| Mar 31, 2026 | -9.83 Mn |
| Dec 31, 2025 | 37.89 Mn |
| Sep 30, 2025 | 63.78 Mn |
| Jun 30, 2025 | 72.55 Mn |
| Mar 31, 2025 | -51.86 Mn |
| Dec 31, 2024 | -231.22 Mn |
| Sep 30, 2024 | 7.04 Mn |
| Jun 30, 2024 | -652,000.00 |
| Mar 31, 2024 | 26.81 Mn |
| Dec 31, 2023 | -143.11 Mn |
| Sep 30, 2023 | -25.18 Mn |
| Jun 30, 2023 | 16.33 Mn |
| Mar 31, 2023 | -18.46 Mn |
| Dec 31, 2022 | -15.95 Mn |
| Sep 30, 2022 | -57.98 Mn |
| Jun 30, 2022 | 9.94 Mn |
| Mar 31, 2022 | -67.79 Mn |
| Dec 31, 2021 | -66.83 Mn |
| Sep 30, 2021 | -29.25 Mn |
AppLovin Other Working Capital Changes 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=other-working-capital-changes&ticker=APP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();