AppLovin (APP) Prepaid Assets (2020 - 2026)
AppLovin's Prepaid Assets was $167.99 million in Q2 2026, down 23.1% from $218.4 million a year earlier but up 28.4% from the prior quarter.
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Analysis
AppLovin (APP) Prepaid Assets (2020 - 2026) Analysis & Trends
At the end of FY2025, Prepaid Assets at AppLovin came in at $124.33 million, down 11.5% from FY2024.
- Prepaid Assets shows a five-year compound annual growth rate of 20.6% (FY2020 to FY2025).
- In earlier years, Prepaid Assets was $140.47 million in FY2024 (-12.3%), $160.2 million in FY2023 (+2.8%), $155.79 million in FY2022 (+3.8%) and $150.04 million in FY2021 (+207.5%).
- Quarterly Prepaid Assets has moved between $119.16 million (Q3 2023) and $238.5 million (Q1 2025) over five years.
- Compared with a year earlier, Prepaid Assets has declined for three straight quarters, with growth averaging 17.3% over the last eight quarters.
- The best year-over-year quarter for Prepaid Assets over five years was Q4 2021 (growth of 207.5%); the worst was Q1 2026 (a decline of 45.1%).
- Per Business Quant data, APP's Prepaid Assets in the three quarters before Q2 2026 was $130.88 million (Q1 2026), $124.33 million (Q4 2025) and $216.71 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,071.44 Bn | 3,828.96 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,777.07 Bn | 1,479.59 Bn | 49.47 Bn |
| 3 | Netflix | 272.74 Bn | 232.94 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 242.17 Bn | 55.95 Bn | 15.11 Bn |
| 5 | Shopify | 225.98 Bn | 203.16 Bn | 1.71 Bn |
| 6 | Uber Technologies | 137.80 Bn | 109.60 Bn | 6.38 Bn |
| 7 | Booking Holdings | 121.57 Bn | 54.62 Bn | - |
| 8 | PDD Holdings | 110.14 Bn | -133.64 Bn | 9.45 Bn |
| 9 | Spotify Technology | 107.49 Bn | 64.99 Bn | 1.86 Bn |
| 10 | AppLovin | 90.01 Bn | 80.05 Bn | 1.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 167.99 Mn |
| Mar 31, 2026 | 130.88 Mn |
| Dec 31, 2025 | 124.33 Mn |
| Sep 30, 2025 | 216.71 Mn |
| Jun 30, 2025 | 218.40 Mn |
| Mar 31, 2025 | 238.50 Mn |
| Dec 31, 2024 | 140.47 Mn |
| Sep 30, 2024 | 120.39 Mn |
| Jun 30, 2024 | 125.48 Mn |
| Mar 31, 2024 | 136.18 Mn |
| Dec 31, 2023 | 160.20 Mn |
| Sep 30, 2023 | 119.16 Mn |
| Jun 30, 2023 | 150.26 Mn |
| Mar 31, 2023 | 164.86 Mn |
| Dec 31, 2022 | 155.79 Mn |
| Sep 30, 2022 | 215.28 Mn |
| Jun 30, 2022 | 174.83 Mn |
| Mar 31, 2022 | 200.38 Mn |
| Dec 31, 2021 | 150.04 Mn |
| Sep 30, 2021 | 163.86 Mn |
API Access
AppLovin Prepaid Assets 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=prepaid-assets&ticker=APP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();