AppLovin (APP) Total Liabilities (2020 - 2026)
AppLovin (APP) recorded Total Liabilities of $5.28 billion in Q3 2026, up 8.5% from $4.87 billion a year earlier and up 3.5% from the prior quarter.
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Analysis
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 $3.91 billion in Q3 2023 to $5.34 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Total Liabilities has increased for 12 consecutive quarters, with growth averaging 9.1% 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 $5.11 billion (Q2 2026), $5.34 billion (Q1 2026) and $5.12 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,555.16 Bn | 3,290.06 Bn | 76.16 Bn | 325.76 Bn |
| 2 | Meta Platforms | 1,645.02 Bn | 1,309.54 Bn | 51.23 Bn | 206.45 Bn |
| 3 | Netflix | 259.98 Bn | 221.27 Bn | 6.80 Bn | 29.40 Bn |
| 4 | Alibaba Group Holding | 242.36 Bn | 241.21 Bn | - | 114.47 Bn |
| 5 | Shopify | 192.37 Bn | 171.18 Bn | 1.78 Bn | 1.92 Bn |
| 6 | Uber Technologies | 142.90 Bn | 113.72 Bn | 6.42 Bn | 42.49 Bn |
| 7 | AppLovin | 130.75 Bn | 119.27 Bn | 1.94 Bn | 5.28 Bn |
| 8 | Spotify Technology | 122.74 Bn | 105.49 Bn | - | 7.85 Bn |
| 9 | Booking Holdings | 122.04 Bn | 55.79 Bn | - | 38.67 Bn |
| 10 | PDD Holdings | 111.67 Bn | 111.67 Bn | - | 30.97 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.28 Bn |
| 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 |
API Access
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_KEYimport 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();