For the year ending 2025-12-31, APP had $1,745,685K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income (loss) | - | 1,579,776 | 356,711 | -192,947 |
| Net income | 3,333,751 | - | - | - |
| Amortization, depreciation and write-offs | 194,778 | 448,680 | 489,008 | 547,084 |
| Impairment and loss in connection with sale of long-lived assets | - | - | 0 | 127,892 |
| Amortization of debt issuance costs and discount | - | - | 9,363 | 12,678 |
| Goodwill impairment | 188,943 | - | - | - |
| Stock-based compensation, excluding cash-settled awards | 210,421 | 369,367 | 363,107 | 191,612 |
| Lease modification and abandonment of leasehold improvements | - | - | - | 0 |
| Gain on divestiture, net of transaction costs | 106,229 | - | - | - |
| Loss on extinguishments of acquisition related contingent consideration | - | - | - | 0 |
| Impairment of investments | 50,000 | 0 | 27,953 | - |
| Loss on settlement of debt | 0 | -28,375 | - | 0 |
| Change in operating right-of-use assets | 12,295 | 12,689 | 17,842 | 17,107 |
| Amortization of debt issuance costs and discount | - | 5,460 | - | - |
| Loss on disposal of long-lived assets | - | 1,646 | - | - |
| Other | 9,213 | 2,557 | 6,200 | 1,786 |
| Accounts receivable | 542,219 | 467,028 | 261,279 | 174,829 |
| Prepaid expenses and other current assets | - | -4,056 | 12,280 | 3,725 |
| Other assets | - | 189,387 | 121,688 | 77,343 |
| Prepaid expenses and other assets | -134,658 | - | - | - |
| Accounts payable | 232,486 | 189,585 | 98,574 | 3,479 |
| Operating lease liabilities | -15,229 | -14,106 | -18,612 | -18,898 |
| Accrued and other liabilities | 268,226 | 133,974 | 92,754 | -6,412 |
| Deferred revenue | - | -6,633 | 13,857 | -14,711 |
| Net cash provided by operating activities | 3,971,094 | 2,099,011 | 1,061,510 | 412,773 |
| Acquisitions of businesses and intangible assets | - | 25,553 | - | - |
| Purchase of property and equipment | - | 4,776 | 4,246 | 662 |
| Acquisitions of businesses and intangible assets | - | - | 63,899 | 1,339,827 |
| Purchase of intangible assets | 28,318 | - | - | - |
| Purchase of non-marketable equity securities | 20,178 | 76,983 | 17,934 | 66,342 |
| Proceeds from divestiture, net of cash divested | 407,297 | - | - | - |
| Other investing activities | 373 | - | - | -4,312 |
| Proceeds from debt issuance | - | - | 395,281 | 0 |
| Capitalized software development costs | - | - | - | 5,949 |
| Proceeds from exercise of stock options | - | - | 20,932 | 25,487 |
| Proceeds from sale of assets and other | - | 558 | 8,250 | 37,000 |
| Proceeds from issuance of common stock | - | - | - | 0 |
| Net cash provided by (used in) investing activities | 358,428 | -106,754 | -77,829 | -1,371,468 |
| Proceeds from the issuance of common stock through espp | - | - | 4,856 | 5,531 |
| Proceeds from issuance of common stock in initial public offering, net of issuance costs as adjusted for cost reimbursement | - | - | 0 | 0 |
| Payments of related party notes | - | - | 0 | 0 |
| Repurchases of common stock | 2,191,944 | 981,297 | 1,153,593 | 338,880 |
| Payments of withholding taxes related to net share settlement | 392,410 | 1,143,525 | 246,435 | 27,535 |
| Principal repayments of debt | 200,000 | 4,225,223 | 497,994 | 25,810 |
| Payments of deferred acquisition costs | 0 | 0 | 33,903 | 124,184 |
| Principal payments of finance leases | 18,669 | 20,875 | 20,170 | 24,083 |
| Payments of licensed asset obligation | 13,532 | 0 | 27,110 | 17,374 |
| Payments of debt issuance cost | 1,843 | 35,563 | 4,655 | - |
| Proceeds from issuance of debt | 200,000 | 4,614,841 | - | - |
| Payments of deferred ipo costs | - | - | - | 0 |
| Proceeds from issuance of common stock upon exercise of stock options and purchase of espp shares | 25,329 | 41,798 | - | - |
| Net cash used in financing activities | -2,593,069 | -1,749,844 | -1,562,791 | -526,848 |
| Effect of foreign exchange rate on cash, cash equivalents, and restricted cash equivalents | - | -3,154 | 778 | -4,477 |
| Effect of foreign exchange rate on cash and cash equivalents | 9,232 | - | - | - |
| Net increase in cash and cash equivalents, including cash classified within current assets of discontinued operations | 1,745,685 | 239,259 | -578,332 | -1,490,020 |
| Cash, cash equivalents, and restricted cash equivalents at beginning of the period | - | 502,152 | 1,080,484 | 2,570,504 |
| Cash and cash equivalents at end of the period | - | 741,411 | 502,152 | 1,080,484 |
AppLovin Corp (APP)
AppLovin Corp (APP)