AppLovin (APP) Payables (2020 - 2026)
AppLovin's (APP) quarterly Payables came in at $697.5 million in Q1 2026, down 12.29% year-on-year from $795.2 million in Q1 2025, and down 6.62% on a QoQ basis from $747.0 million in Q4 2025.
AppLovin (APP) Payables (2020 - 2026) Analysis & Trends
AppLovin (APP) has 7 years of Payables data on file, last reported at $697.5 million in Q1 2026.
- On a quarterly basis, Payables fell 12.29% year-over-year to $697.5 million in Q1 2026; TTM through Mar 2026 was $697.5 million, a 12.29% decrease from a year earlier, with the FY2025 full-year figure at $747.0 million, up 48.12% from the prior year.
- Payables for Q1 2026 stood at $697.5 million, down from $747.0 million in the prior quarter.
- Over the last five years, Payables for APP reached as high as $795.2 million in Q1 2025 and fell as low as $294.2 million in Q2 2023.
- Historically, Payables has averaged $478.6 million across 5 years, with a median of $463.4 million in 2024.
- Across the five-year window, Payables soared 894.83% in 2022 and slipped 20.78% in 2023, its largest moves.
- Year by year, Payables stood at $306.5 million in 2022, then surged by 91.42% to $586.7 million in 2023, then slipped by 14.04% to $504.3 million in 2024, then surged by 48.12% to $747.0 million in 2025, then slipped by 6.62% to $697.5 million in 2026.
- Per Business Quant data, the three most recent Payables figures were $697.5 million in Q1 2026, $747.0 million in Q4 2025, and $516.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 134.57 Bn | 131.82 Bn | 1.64 Bn | 697.52 Mn |
| 2 | Wpp | 26.03 Bn | 22.66 Bn | - | 18.93 Bn |
| 3 | Omnicom | 22.21 Bn | 18.26 Bn | 1.04 Bn | 18.18 Bn |
| 4 | Trade Desk | 7.97 Bn | 6.56 Bn | 506.89 Mn | 2.63 Bn |
| 5 | Magnite | 2.57 Bn | 2.39 Bn | 103.96 Mn | 1.59 Bn |
| 6 | Ziff Davis | 1.94 Bn | 1.42 Bn | 223.32 Mn | 450.27 Mn |
| 7 | Stagwell | 1.76 Bn | 1.66 Bn | 244.61 Mn | 526.10 Mn |
| 8 | DoubleVerify Holdings | 1.67 Bn | 1.50 Bn | 147.67 Mn | 12.46 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.20 Bn | 1.03 Bn | 193.76 Mn | 35.15 Mn |
| 10 | Criteo | 1.05 Bn | 737.13 Mn | 222.74 Mn | 448.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 30.81 Mn |
| Sep 30, 2021 | 226.85 Mn |
| Jun 30, 2021 | 210.97 Mn |