undamentalytics Newsletter
Sign in

Applovin Corp balance sheet

At the end of fiscal 2025, Applovin Corp had total assets of $7.26bn, total liabilities of $5.12bn and shareholders' equity of $2.13bn. It held $2.49bn in cash against $3.55bn of debt: net debt of $1.06bn.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash and equivalents3963171,5211,0805026972,4873,053
Receivables—2975157039541,2831,8192,171
Total current assets—6633,2351,9391,6162,3124,4315,392
Goodwill1372509661,8241,4971,4581,5401,519
Total assets—2,1556,1645,8485,3595,8697,2608,269
Accounts payable—147258273372504747779
Deferred revenue (current)—877964793748—
Total current liabilities—5986405799441,0571,3341,254
Short-term debt—1526332150——
Long-term debt—1,5843,2023,1782,9063,5093,5133,515
Total debt01,5993,2533,2453,3363,5503,5503,515
Total liabilities—2,3134,0253,9454,1034,7795,1255,106
Shareholders' equity−257−1592,1381,9031,2561,0902,1353,163
Net debt (negative = net cash)−3961,2821,7332,1652,8342,8531,063462
Shares outstanding—226m375m374m340m340m338m335m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

Compare with peers

Head to head: APP vs TOSTAPP vs TEAMAPP vs SSNC

More: Application Software stocks compared, Technology sector, rankings of US companies

Figures from Applovin Corp's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Applovin Corp.