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AppLovin (APP) Cash Flow Waterfall

Trace AppLovin's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

TTM

Operating CF

$4.43B

Capex

−$28.32M

Free Cash Flow

$4.40B

FCF Margin

+99.4%

Cash flow waterfall for AppLovin (APP) — TTM through Q1 2026

Free cash flow: $4.40B

Cash flow breakdown for AppLovin (APP) — TTM through Q1 2026

  • Operating Cash Flow$4.43B
  • Capital Expenditure−$28.32M
  • Free Cash Flow$4.40B
  • Other Investing$404.16M
  • Share Buybacks−$2.17B
  • Net Debt Change−$420.51M
  • Other Financing & FX−$5.71M
  • Net Cash Increase$2.21B
Want to see what drove the FCF change?Free Cash Flow Bridge

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