← AppLovin Corp
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $317.2m | $1.5b | $1.1b | $502.2m | $741.4m | $2.5b | |
| Accounts receivable, net | $297.0m | $514.5m | $702.8m | $953.8m | $1.4b | $1.8b | |
| Prepaid expenses and other current assets | $48.8m | $150.0m | $155.8m | $160.2m | $156.5m | $124.3m | |
| Total current assets | $663.0m | $3.2b | $1.9b | $1.6b | $2.3b | $4.4b | |
| Property and equipment, net | $28.6m | $63.6m | $78.5m | $173.3m | $160.5m | $122.4m | |
| Goodwill | $249.8m | $966.4m | $1.8b | $1.8b | $1.8b | $1.5b | |
| Intangible assets, net | $1.1b | $1.7b | $1.7b | $1.3b | $896.7m | $396.7m | |
| Operating lease right-of-use assets | $84.3m | $71.0m | $60.4m | $48.2m | $38.1m | $25.5m | |
| Other assets | $42.6m | $118.2m | $268.4m | $386.0m | $658.4m | $456.6m | |
| Current assets of discontinued operations | — | — | — | — | $191.4m | $0 | |
| Equity method investments | — | — | — | — | $0 | $287.7m | |
| Non-current assets of discontinued operations | — | — | — | — | $937.2m | $0 | |
| Accrued and other current liabilities | $95.1m | $133.8m | $147.8m | $252.2m | $409.4m | $572.9m | |
| Operating lease liabilities, current | $22.2m | $18.4m | $14.3m | $13.6m | $14.8m | $13.9m | |
| Current liabilities of discontinued operations | — | — | — | — | $137.1m | $0 | |
| Operating lease liabilities, non-current | $71.8m | $62.5m | $54.2m | $42.9m | $32.6m | $17.8m | |
| Other non-current liabilities | $59.0m | $112.8m | $106.7m | $209.9m | $180.4m | $260.4m | |
| Non-current liabilities of discontinued operations | — | — | — | — | $1.4m | $0 | |
| Total stockholders’ equity | ($158.5m) | $2.1b | $1.9b | $1.3b | $1.1b | $2.1b | |
| Total assets | $2.2b | $6.2b | $5.8b | $5.4b | $5.9b | $7.3b | |
| Total liabilities and stockholders’ equity | $2.2b | $6.2b | $5.8b | $5.4b | $5.9b | $7.3b | |
| Accounts payable | $147.3m | $258.2m | $273.2m | $371.7m | $563.4m | $747.0m | |
| Total current liabilities | $598.1m | $640.1m | $579.0m | $944.1m | $1.1b | $1.3b | |
| Long-term debt | $1.6b | $3.2b | $3.2b | $2.9b | $3.5b | $3.5b | |
| Total liabilities | $2.3b | $4.0b | $3.9b | $4.1b | $4.8b | $5.1b | |
| Preferred stock, $0.00003 par value—100,000 shares authorized, no shares issued and outstanding as of December 31, 2025 and 2024 | 399.6m | 0 | 0 | 0 | 0 | 0 | |
| Class A, Class B, and Class C Common Stock, $0.00003 par value—1,850,000 (Class A 1,500,000, Class B 200,000, Class C 150,000) shares authorized, 338,313 (Class A 307,955, Class B 30,358, Class C nil) and 340,042 (Class A 309,353, Class B 30,689, Class C nil) shares issued and outstanding as of December 31, 2025 and 2024, respectively | 7k | 11k | 11k | 11k | 11k | 11k | |
| Additional paid-in capital | $453.7m | $3.2b | $3.2b | $2.1b | $593.7m | $446.6m | |
| Accumulated other comprehensive loss | $604k | ($45.5m) | ($83.4m) | ($65.3m) | ($103.1m) | ($47.0m) | |
| Retained earnings | ($1.0b) | ($977.0m) | ($1.2b) | ($813.0m) | $599.2m | $1.7b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.