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Discontinued — last reported Q4 '24

Free cash flow at other companies

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Other financials

Income statement

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Revenue$1.9B+52.8%
Gross profit$1.7B+53.8%
Operating income$1.5B+56.0%
Net income$1.3B+54.5%
EPS (diluted)$3.76+57.3%

Balance sheet

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Cash & equivalents$3.1B+156%
Total debt$3.5B+0.1%
Total equity$3.2B+171%
Total assets$8.3B+38.8%

Cash flow

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Operating cash flow$869.0M+12.5%
CapEx$1.2M+389%

Valuation

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Market cap$103.11B-34.2%
Enterprise value$103.57B-34.8%
P/E23.4×-41.1×
P/S15.1×-21.7×

Profitability

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Gross margin88.5%+2.1pp
Operating margin77.4%+7.8pp
Net margin64.6%+7.4pp
FCF margin58.1%

Returns & leverage

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Return on equity203.7%-41.5pp
Debt / equity1.1×-1.9×
Current ratio4.3×+1.6×

Where this comes from

Calculated from Applovin Corporation’s reported figures.

The source filing: Applovin Corporation’s 10-K, filed February 19, 2026. Open the filing →

Filed
Feb 19, 2026, 4:02 PM EST
Fiscal year
FY2025
Accession
0001751008-26-000010

FAQ

What is Applovin Corporation's free cash flow?
Applovin Corporation (APP) reported free cash flow of $523.56M in Q4 2024.
How has Applovin Corporation's free cash flow changed year-over-year?
Applovin Corporation's free cash flow increased by 52.3% year-over-year, from $343.74M to $523.56M.
What is the long-term trend for Applovin Corporation's free cash flow?
Over 3 years (2021 to 2024), Applovin Corporation's free cash flow has grown at a 79.8% compound annual growth rate (CAGR), from $360.46M to $2.09B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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