AppLovin (APP) Payables (2020 - 2026)
AppLovin's (APP) quarterly Payables came in at $778.9 million in Q2 2026, up 40.68% year-over-year from $553.7 million in Q2 2025, and up 11.67% quarter-over-quarter from $697.5 million in Q1 2026.
Analysis
AppLovin (APP) Payables (2020 - 2026) Analysis & Trends
AppLovin (APP) has reported Payables for 7 consecutive years, with $778.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Payables rose 40.68% year-over-year to $778.9 million in Q2 2026; TTM through Jun 2026 was $778.9 million, a 40.68% increase from a year earlier, with the FY2025 full-year figure at $747.0 million, up 48.12% from the prior year.
- Payables was $778.9 million for Q2 2026 at AppLovin, up from $697.5 million in the prior quarter.
- Over five years, Payables peaked at $795.2 million in Q1 2025 and troughed at $294.2 million in Q2 2023.
- A 5-year average of $495.3 million and a median of $479.7 million in 2023 frame the typical range for Payables.
- Across the five-year window, Payables surged 126.4% in 2022 and dropped 20.78% in 2023, its largest moves.
- Over 5 years, Payables stood at $306.5 million in 2022, then jumped by 91.42% to $586.7 million in 2023, then declined by 14.04% to $504.3 million in 2024, then jumped by 48.12% to $747.0 million in 2025, then advanced by 4.28% to $778.9 million in 2026.
- The last three Payables figures came in at $778.9 million (Q2 2026), $697.5 million (Q1 2026), and $747.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,074.35 Bn | 3,645.31 Bn | 73.85 Bn | 20.26 Bn |
| 2 | AppLovin | 107.48 Bn | 104.43 Bn | 1.70 Bn | 778.94 Mn |
| 3 | Trade Desk | 6.78 Bn | 5.29 Bn | 530.72 Mn | 2.56 Bn |
| 4 | Magnite | 3.46 Bn | 3.13 Bn | 130.79 Mn | 1.67 Bn |
| 5 | DoubleVerify Holdings | 2.07 Bn | 1.86 Bn | 161.31 Mn | 12.99 Mn |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | 132.81 Mn |
| 7 | Quinstreet | 1.06 Bn | 929.83 Mn | 49.81 Mn | 109.46 Mn |
| 8 | Taboola.com | 972.14 Mn | 839.09 Mn | 139.48 Mn | 275.95 Mn |
| 9 | Mntn | 960.26 Mn | 722.98 Mn | 66.30 Mn | 53.82 Mn |
| 10 | Viant Technology | 907.77 Mn | 920.10 Mn | 45.54 Mn | 66.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 778.94 Mn |
| Mar 31, 2026 | 697.52 Mn |
| Dec 31, 2025 | 746.98 Mn |
| Sep 30, 2025 | 516.44 Mn |
| Jun 30, 2025 | 553.69 Mn |
| Mar 31, 2025 | 795.22 Mn |
| Dec 31, 2024 | 504.30 Mn |
| Sep 30, 2024 | 463.38 Mn |
| Jun 30, 2024 | 423.07 Mn |
| Mar 31, 2024 | 425.64 Mn |
| Dec 31, 2023 | 586.70 Mn |
| Sep 30, 2023 | 496.10 Mn |
| Jun 30, 2023 | 294.16 Mn |
| Mar 31, 2023 | 316.26 Mn |
| Dec 31, 2022 | 306.51 Mn |
| Sep 30, 2022 | 294.83 Mn |
| Jun 30, 2022 | 316.71 Mn |
| Mar 31, 2022 | 399.22 Mn |
| Dec 31, 2021 | 284.03 Mn |
| Sep 30, 2021 | 226.85 Mn |