For the year ending 2025-12-31, APP has $7,259,610K in assets. $5,124,939K in debts. $2,487,096K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 2,487,096 | 741,411 | 502,152 | 1,080,484 |
| Restricted cash equivalents | - | - | - | 0 |
| Accounts receivable, net | 1,819,366 | 1,414,246 | 953,810 | 702,814 |
| Prepaid expenses and other current assets | 124,330 | 156,533 | 160,201 | 155,785 |
| Current assets of discontinued operations | 0 | - | - | - |
| Total current assets | 4,430,792 | 2,312,190 | 1,616,163 | 1,939,083 |
| Property and equipment, net | 122,445 | 160,530 | 173,331 | 78,543 |
| Operating lease right-of-use assets | 25,457 | 38,069 | 48,210 | 60,379 |
| Goodwill | 1,539,986 | 1,803,426 | 1,842,850 | 1,823,755 |
| Intangible assets, net | 396,714 | 896,677 | 1,292,635 | 1,677,660 |
| Equity method investments | 287,666 | - | - | - |
| Other assets | 456,550 | 658,367 | 385,998 | 268,426 |
| Non-current assets of discontinued operations | 0 | - | - | - |
| Total assets | 7,259,610 | 5,869,259 | 5,359,187 | 5,847,846 |
| Accounts payable | 746,977 | 563,427 | 371,702 | 273,196 |
| Licensed asset obligation | - | - | 13,054 | 15,254 |
| Short-term debt | - | 0 | 215,000 | 33,310 |
| Deferred revenue | - | 69,839 | 78,559 | 64,018 |
| Deferred acquisition costs, current | - | - | 0 | 31,045 |
| Current liabilities of discontinued operations | 0 | - | - | - |
| Accrued and other current liabilities | 572,868 | 409,392 | 252,202 | 147,801 |
| Operating lease liabilities, current | 13,943 | 14,814 | 13,605 | 14,334 |
| Total current liabilities | 1,333,788 | 1,057,472 | 944,122 | 578,958 |
| Debt Instrument Carrying Amount | 3,550,000 | - | - | - |
| Less unamortized debt discount and issuance costs | 37,013 | - | - | - |
| Licensed asset obligation, non-current | - | - | 0 | 26,970 |
| Long-term debt | 3,512,987 | 3,508,983 | 2,905,906 | 3,178,412 |
| Other non-current liabilities | 260,353 | 180,378 | 209,925 | 106,676 |
| Non-current liabilities of discontinued operations | 0 | - | - | - |
| Operating lease liabilities, non-current | 17,811 | 32,608 | 42,905 | 54,153 |
| Total liabilities | 5,124,939 | 4,779,441 | 4,102,858 | 3,945,169 |
| Redeemable noncontrolling interest | - | - | 0 | 0 |
| Class a, class b, and class c common stock, 0.00003 par value1,850,000 (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 december31, 2025 and 2024, respectively | 11 | 11 | 11 | 11 |
| Additional paid-in capital | 446,550 | 593,699 | 2,134,581 | 3,155,748 |
| Accumulated other comprehensive loss | -46,987 | -103,096 | -65,274 | -83,382 |
| Retained earnings | 1,735,097 | 599,204 | -812,989 | -1,169,700 |
| Total stockholders equity | 2,134,671 | 1,089,818 | 1,256,329 | 1,902,677 |
| Total liabilities and stockholders equity | 7,259,610 | 5,869,259 | 5,359,187 | 5,847,846 |
AppLovin Corp (APP)
AppLovin Corp (APP)