AppLovin (APP) Total Debt (2020 - 2026)
AppLovin (APP) recorded Total Debt of $3.52 billion in Q3 2026, up 0.1% from $3.51 billion a year earlier and unchanged from the prior quarter.
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Analysis
AppLovin (APP) Total Debt (2020 - 2026) Analysis & Trends
At the end of FY2025, AppLovin reported Total Debt of $3.51 billion, up 0.1% from FY2024.
- Annual Total Debt has a five-year compound annual growth rate of 17.0% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $3.51 billion in FY2024 (+12.4%), $3.12 billion in FY2023 (-2.8%), $3.21 billion in FY2022 (-0.5%) and $3.23 billion in FY2021 (+101.8%).
- The Q3 2026 figure is the highest quarterly Total Debt since Q1 2025.
- On a year-over-year basis, Total Debt rose in six of the last eight quarters, with growth averaging 1.6%.
- Peak year-over-year performance for Total Debt in the last five years was growth of 101.8% in Q4 2021, against a decline of 5.3% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.52 billion (Q2 2026), $3.51 billion (Q1 2026) and $3.51 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,555.16 Bn | 3,290.06 Bn | 76.16 Bn | 125.10 Bn |
| 2 | Meta Platforms | 1,645.02 Bn | 1,309.54 Bn | 51.23 Bn | 80.92 Bn |
| 3 | Netflix | 259.98 Bn | 221.27 Bn | 6.80 Bn | 15.13 Bn |
| 4 | Alibaba Group Holding | 242.36 Bn | 241.21 Bn | - | 17.00 Bn |
| 5 | Shopify | 192.37 Bn | 171.18 Bn | 1.78 Bn | - |
| 6 | Uber Technologies | 142.90 Bn | 113.72 Bn | 6.42 Bn | 15.66 Bn |
| 7 | AppLovin | 130.75 Bn | 119.27 Bn | 1.94 Bn | 3.52 Bn |
| 8 | Spotify Technology | 122.74 Bn | 105.49 Bn | - | 1.71 Bn |
| 9 | Booking Holdings | 122.04 Bn | 55.79 Bn | - | 20.06 Bn |
| 10 | PDD Holdings | 111.67 Bn | 111.67 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.52 Bn |
| Jun 30, 2026 | 3.52 Bn |
| Mar 31, 2026 | 3.51 Bn |
| Dec 31, 2025 | 3.51 Bn |
| Sep 30, 2025 | 3.51 Bn |
| Jun 30, 2025 | 3.51 Bn |
| Mar 31, 2025 | 3.71 Bn |
| Dec 31, 2024 | 3.51 Bn |
| Sep 30, 2024 | 3.51 Bn |
| Jun 30, 2024 | 3.52 Bn |
| Mar 31, 2024 | 3.53 Bn |
| Dec 31, 2023 | 3.12 Bn |
| Sep 30, 2023 | 3.13 Bn |
| Jun 30, 2023 | 3.20 Bn |
| Mar 31, 2023 | 3.21 Bn |
| Dec 31, 2022 | 3.21 Bn |
| Sep 30, 2022 | 3.22 Bn |
| Jun 30, 2022 | 3.22 Bn |
| Mar 31, 2022 | 3.23 Bn |
| Dec 31, 2021 | 3.23 Bn |
API Access
AppLovin Total Debt 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=total-debt&ticker=APP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();