AppLovin Corporation APP
- Market cap
- $105.3B
- P/E
- 23.8×
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AppLovin Corporation (APP) Free cash flow
AppLovin Corporation's free cash flow for fiscal 2025 was $3.9B, up 90.5% from $2.1B in fiscal 2024. Over the twelve months to 30 June 2026 it was $4.5B. Over the past ten years it has ranged from −$892.4M (fiscal 2022) to $3.9B (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 3 consecutive fiscal years. AppLovin Corporation ranks 1st of 43 Advertising Agencies companies by free cash flow.
Free cash flow, annual
Annual
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $3.9B | 90.54% |
| FY2024 | $2.1B | 106.59% |
| FY2023 | $1.0B | — |
| FY2022 | −$892.4M | — |
| FY2022 | $412.8M | 10.82% |
| FY2021 | $372.5M | 2.93% |
| FY2021 | $361.9M | 64.75% |
| FY2020 | $219.6M | (1.45%) |
| FY2020 | $222.9M | 14.24% |
| FY2019 | $195.1M | (1.69%) |
Quarterly
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $869.0M | (32.71%) |
| Mar 2026 | $1.3B | 0.46% |
| Dec 2025 | $1.3B | 22.02% |
| Sep 2025 | $1.1B | 36.41% |
| 23 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| APP AppLovin Corporation | $4.5B |
| OMC Omnicom Group Inc. compare | $2.4B |
| TTD The Trade Desk compare | $864.2M |
| ZD Ziff Davis, Inc. compare | $316.7M |
| MGNI Magnite, Inc. compare | $200.3M |
| DV DoubleVerify Holdings, Inc. compare | $160.5M |
| STGW Stagwell Inc. compare | $152.0M |
| WPP WPP PLC compare | −$125.0M |
| CCO Clear Channel Outdoor Holdings, Inc. compare | −$513.8M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on APP
- Revenue
- Net income
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement