AppLovin (APP) Payables (2020 - 2026)
AppLovin's Payables was $778.94 million in Q2 2026, up 40.7% from $553.69 million a year earlier and up 11.7% from the prior quarter.
Powered by 
Analysis
AppLovin (APP) Payables (2020 - 2026) Analysis & Trends
At the end of FY2025, Payables at AppLovin came in at $746.98 million, up 48.1% from FY2024.
- Payables shows a five-year compound annual growth rate of 35.7% (FY2020 to FY2025).
- In earlier years, Payables was $504.3 million in FY2024 (-14.0%), $586.7 million in FY2023 (+91.4%), $306.51 million in FY2022 (+7.9%) and $284.03 million in FY2021 (+74.8%).
- The Q2 2026 figure marks the highest quarterly Payables since Q1 2025.
- Compared with a year earlier, Payables was higher in five of the last eight quarters, with growth averaging 23.1%.
- The best year-over-year quarter for Payables over five years was Q1 2022 (growth of 126.4%); the worst was Q1 2023 (a decline of 20.8%).
- Per Business Quant data, APP's Payables in the three quarters before Q2 2026 was $697.52 million (Q1 2026), $746.98 million (Q4 2025) and $516.44 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,142.52 Bn | 3,900.05 Bn | 73.85 Bn | 20.26 Bn |
| 2 | Meta Platforms | 1,882.44 Bn | 1,584.96 Bn | 49.47 Bn | 15.89 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 3.30 Bn |
| 4 | Alibaba Group Holding | 250.25 Bn | 68.12 Bn | 15.11 Bn | - |
| 5 | Shopify | 192.03 Bn | 169.21 Bn | 1.71 Bn | 1.12 Bn |
| 6 | Uber Technologies | 141.56 Bn | 113.53 Bn | 6.38 Bn | 3.36 Bn |
| 7 | Booking Holdings | 121.98 Bn | 55.03 Bn | - | 5.15 Bn |
| 8 | PDD Holdings | 110.31 Bn | -141.62 Bn | 9.45 Bn | 11.29 Bn |
| 9 | AppLovin | 102.49 Bn | 92.52 Bn | 1.70 Bn | 778.94 Mn |
| 10 | Spotify Technology | 101.54 Bn | 58.77 Bn | 1.86 Bn | 1.54 Bn |
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 |
API Access
AppLovin Payables 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=payables&ticker=APP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();