AppLovin Corp (APP) operating KPIs
Close on Oct 30, 2026Market cap $76.47BP/E 17.6Yield –
AppLovin free Cash Flow (AppLovin Non-GAAP definition: OCF less CapEx & Server Finance Lease Principal) ($M)
Unlike standard GAAP FCF (OCF − CapEx), AppLovin deducts principal payments on server finance leases ($18.7M in FY2025; $4.3M in Q2 2026) to reflect ongoing server equipment requirements.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Free Cash Flow (AppLovin Non-GAAP definition: OCF less CapEx & Server Finance Lease Principal) ($M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 3,952 | +90.6% | AppLovin Earnings release (Form 8-K, EX-99.1), filed 2026-02-11 ↗ |
| 2024 | Dec 31, 2024 | 2,073 | +99.9% | AppLovin Earnings release (Form 8-K, EX-99.1), filed 2026-02-11 ↗ |
| 2023 | Dec 31, 2023 | 1,037 | +167.3% | AppLovin Earnings release (Form 8-K, EX-99.1), filed 2025-02-12 ↗ |
| 2022 | Dec 31, 2022 | 388 | +12.4% | AppLovin Earnings release (Form 8-K, EX-99.1), filed 2024-02-14 ↗ |
| 2021 | Dec 31, 2021 | 345 | +64.5% | AppLovin Earnings release (Form 8-K, EX-99.1), filed 2024-02-14 ↗ |
| 2020 | Dec 31, 2020 | 210 | +10.8% | AppLovin Earnings release (Form 8-K, EX-99.1), filed 2024-02-14 ↗ |
| 2019 | Dec 31, 2019 | 189 | – | AppLovin Earnings release (Form 8-K, EX-99.1), filed 2024-02-14 ↗ |
Breakdown
What makes up free cash flow (applovin non-gaap definition: ocf less capex & server finance lease principal)
Cite this data
StockData. (2026). AppLovin Free Cash Flow (AppLovin Non-GAAP definition: OCF less CapEx & Server Finance Lease Principal) ($M), annual 2019–2025 [Data set]. Compiled from AppLovin SEC filings and investor materials. https://stockdatahq.com/stocks/app/kpis/non-gaap-fcf
See every metric in the AppLovin KPI table. Data updated Oct 28, 2026.