AppLovin (APP) Total Liabilities (2020 - 2026)
AppLovin (APP) recorded Total Liabilities of $5.11 billion in Q2 2026, up 6.5% from $4.79 billion a year earlier but down 4.5% from the prior quarter.
AppLovin (APP) Total Liabilities (2020 - 2026) Analysis & Trends
At the end of FY2025, AppLovin reported Total Liabilities of $5.12 billion, up 7.2% from FY2024.
- Annual Total Liabilities has increased for three straight years, with a five-year compound annual growth rate of 17.2% (FY2020 to FY2025).
- Across earlier years, Total Liabilities came in at $4.78 billion in FY2024 (+16.5%), $4.1 billion in FY2023 (+4.0%), $3.95 billion in FY2022 (-2.0%) and $4.03 billion in FY2021 (+74.0%).
- Quarterly Total Liabilities has ranged from $2.52 billion in Q3 2021 to $5.34 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Total Liabilities has increased for 11 consecutive quarters, with growth averaging 9.9% over the last eight quarters.
- Peak year-over-year performance for Total Liabilities in the last five years was growth of 74.0% in Q4 2021, against a decline of 3.3% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $5.34 billion (Q1 2026), $5.12 billion (Q4 2025) and $4.87 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,142.52 Bn | 3,900.05 Bn | 73.85 Bn | 281.50 Bn |
| 2 | Meta Platforms | 1,882.44 Bn | 1,584.96 Bn | 49.47 Bn | 188.74 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 28.30 Bn |
| 4 | Alibaba Group Holding | 250.25 Bn | 68.12 Bn | 15.11 Bn | 125.68 Bn |
| 5 | Shopify | 192.03 Bn | 169.21 Bn | 1.71 Bn | 1.79 Bn |
| 6 | Uber Technologies | 141.56 Bn | 113.53 Bn | 6.38 Bn | 37.58 Bn |
| 7 | Booking Holdings | 121.98 Bn | 55.03 Bn | - | 40.47 Bn |
| 8 | PDD Holdings | 110.31 Bn | -141.62 Bn | 9.45 Bn | 31.67 Bn |
| 9 | AppLovin | 102.49 Bn | 92.52 Bn | 1.70 Bn | 5.11 Bn |
| 10 | Spotify Technology | 101.54 Bn | 58.77 Bn | 1.86 Bn | 6.23 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.11 Bn |
| Mar 31, 2026 | 5.34 Bn |
| Dec 31, 2025 | 5.12 Bn |
| Sep 30, 2025 | 4.87 Bn |
| Jun 30, 2025 | 4.79 Bn |
| Mar 31, 2025 | 5.13 Bn |
| Dec 31, 2024 | 4.78 Bn |
| Sep 30, 2024 | 4.50 Bn |
| Jun 30, 2024 | 4.45 Bn |
| Mar 31, 2024 | 4.50 Bn |
| Dec 31, 2023 | 4.10 Bn |
| Sep 30, 2023 | 3.91 Bn |
| Jun 30, 2023 | 3.96 Bn |
| Mar 31, 2023 | 4.02 Bn |
| Dec 31, 2022 | 3.95 Bn |
| Sep 30, 2022 | 3.92 Bn |
| Jun 30, 2022 | 4.02 Bn |
| Mar 31, 2022 | 4.15 Bn |
| Dec 31, 2021 | 4.03 Bn |
| Sep 30, 2021 | 2.52 Bn |
AppLovin Total Liabilities 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-liabilities&ticker=APP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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-liabilities&ticker=APP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();