AppLovin
$268.22Change from previous close: −4.65%Absolute change: −$13.09
At a glance
- Revenue growth
- +69.99%
- 2025 vs 2024
- Net income growth
- +111.03%
- 2025 vs 2024
- Net margin
- 60.8%
- 2024: 49.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 4,015 | 2,099 | 1,062 | 413 | 362 | 223 | 198 | 139 |
| Depreciation and amortization | 123 | 122 | 118 | 544 | 431 | 255 | 92.8 | 16.1 |
| Capital expenditure | -28.3 | -25.6 | -63.9 | -0.7 | -1.4 | -3.2 | -3.4 | -1.4 |
| Investing cash flow | 358 | -107 | -77.8 | -1,371 | -1,215 | -680 | -412 | -67.2 |
| Financing cash flow | -2,593 | -1,750 | -1,563 | -527 | 3,110 | 378 | 333 | 1.6 |
| Share repurchases | -2,584 | -2,125 | -1,400 | -366 | — | -1.8 | -0.0 | — |
| Debt issued | 200 | 4,615 | 395 | 0.0 | 2,344 | 481 | 389 | 791 |
| Debt repaid | -219 | -4,246 | -518 | -49.9 | -747 | -74.0 | -16.9 | -1,189 |
| Effect of exchange rates | 9.2 | -3.2 | 0.8 | -4.5 | -3.2 | 0.1 | 0.1 | 0.0 |
| Net change in cash | 1,790 | 239 | -578 | -1,490 | 2,253 | -79.0 | 120 | 73.5 |
| Free cash flow | 4,015 | 2,099 | 1,062 | 412 | 360 | — | — | — |
| Levered free cash flow | 2,699 | 1,294 | 655 | 1,424 | -722 | 476 | 227 | — |