AppLovin Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,487	697.03	502.15	1,080	1,521
Short-Term Investments	-	-	-	-	2.53
Trading Asset Securities	-	-	-	7.32	-
Cash & Short-Term Investments	2,487	697.03	502.15	1,088	1,523
Cash Growth	256.81%	38.81%	-53.84%	-28.58%	380.10%
Receivables	1,819	1,283	953.81	702.81	514.52
Prepaid Expenses	124.33	140.47	160.2	148.47	145.88
Restricted Cash	-	-	-	-	1,050
Other Current Assets	-	191.36	-	-	1.62
Total Current Assets	4,431	2,312	1,616	1,939	3,235
Property, Plant & Equipment	147.9	196.44	221.54	138.92	134.58
Long-Term Investments	307.27	68.1	66.8	32.3	-
Goodwill	1,540	1,458	1,843	1,824	966.43
Other Intangible Assets	396.71	472.85	1,293	1,678	1,709
Long-Term Deferred Tax Assets	372.28	377.12	242.28	-	-
Other Long-Term Assets	64.67	984.87	76.92	236.13	118.16
Total Assets	7,260	5,869	5,359	5,848	6,164
Accounts Payable	746.98	504.3	371.7	273.2	258.22
Accrued Expenses	507.71	364.48	265.26	43.54	43.21
Current Portion of Long-Term Debt	-	-	215	33.31	25.81
Current Portion of Leases	31.42	14.53	13.61	36.64	40.39
Current Income Taxes Payable	-	-	-	81.96	67.16
Current Unearned Revenue	47.68	37.05	78.56	64.02	78.93
Other Current Liabilities	-	137.11	-	46.3	126.38
Total Current Liabilities	1,334	1,057	944.12	578.96	640.1
Long-Term Debt	3,513	3,509	2,906	3,188	3,211
Long-Term Leases	122.98	31.1	42.91	98.89	86.58
Long-Term Deferred Tax Liabilities	119.94	74.29	15.3	-	-
Other Long-Term Liabilities	35.25	107.59	194.62	79.81	87.67
Total Liabilities	5,125	4,779	4,103	3,945	4,025
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	446.55	593.7	2,135	3,156	3,160
Retained Earnings	1,735	599.2	-812.99	-1,170	-976.95
Comprehensive Income & Other	-46.99	-103.1	-65.27	-83.38	-45.45
Total Common Equity	2,135	1,090	1,256	1,903	2,138
Minority Interest	-	-	-	-	0.2
Shareholders' Equity	2,135	1,090	1,256	1,903	2,138
Total Liabilities & Equity	7,260	5,869	5,359	5,848	6,164
Total Debt	3,667	3,555	3,177	3,356	3,364
Net Cash (Debt)	-1,180	-2,858	-2,675	-2,269	-1,841
Net Cash Per Share	-3.45	-8.22	-7.38	-6.11	-5.37
Filing Date Shares Outstanding	337.28	339.96	342	376.4	375.83
Total Common Shares Outstanding	338.31	340.04	339.89	373.87	375.09
Working Capital	3,097	1,255	672.04	1,360	2,595
Book Value Per Share	6.31	3.20	3.70	5.09	5.70
Tangible Book Value	197.97	-840.72	-1,879	-1,599	-537.68
Tangible Book Value Per Share	0.59	-2.47	-5.53	-4.28	-1.43
Machinery	3.05	3.62	7.38	109.87	81.42
Leasehold Improvements	17.61	17.67	17.55	17.38	18.64

Source: S&P Global Market Intelligence. Standard template. Financial Sources.