AppLovin (APP) Total Debt (2020 - 2026)
AppLovin (APP) recorded Total Debt of $3.52 billion in Q2 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 Q2 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 3.1%.
- 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 $3.51 billion (Q1 2026), $3.51 billion (Q4 2025) and $3.51 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,142.52 Bn | 3,900.05 Bn | 73.85 Bn | 98.17 Bn |
| 2 | Meta Platforms | 1,882.44 Bn | 1,584.96 Bn | 49.47 Bn | 83.66 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 14.31 Bn |
| 4 | Alibaba Group Holding | 250.25 Bn | 68.12 Bn | 15.11 Bn | 25.22 Bn |
| 5 | Shopify | 192.03 Bn | 169.21 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 141.56 Bn | 113.53 Bn | 6.38 Bn | 12.72 Bn |
| 7 | Booking Holdings | 121.98 Bn | 55.03 Bn | - | 20.18 Bn |
| 8 | PDD Holdings | 110.31 Bn | -141.62 Bn | 9.45 Bn | - |
| 9 | AppLovin | 102.49 Bn | 92.52 Bn | 1.70 Bn | 3.52 Bn |
| 10 | Spotify Technology | 101.54 Bn | 58.77 Bn | 1.86 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 1.75 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();