Free Cash Flow for AppLovin (APP)
Free Cash Flow for AppLovin (APP): headline value $3.94B · YoY +88.3%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
APP
Currently viewingFree Cash FlowSwitch metric
Latest period
$3.94B
YoY change
+88.3%
5Y CAGR
+78.2%
Peak year (2025)
$3.94B
Latest annual
$3.94B
Free Cash Flow history chart for AppLovin (APP) from 2018 to 2025
Free Cash Flow history table for AppLovin (APP) from 2018 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $3.94B | +88.3% | ||
| 2024 | $2.09B | +98.1% | ||
| 2023 | $1.06B | +156.5% | ||
| 2022 | $412.11M | +14.3% | ||
| 2021 | $360.46M | +64.1% | ||
| 2020 | $219.64M | +12.6% | ||
| 2019 | $195.10M | +41.8% | ||
| 2018 | $137.63M | — |
Free Cash Flow values are taken from AppLovin's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, AppLovin (APP) free cash flow totalled $3.94B – surged 88.3% year-over-year.
Through 2020–2025 (5 years), AppLovin free cash flow delivered a +78.2% annualised rate; sustaining 7 straight years of year-over-year growth.
The highest annual free cash flow of $3.94B was reported in 2025. The lowest in the available history was $137.63M in 2018.
Among 8 Technology peers, AppLovin (APP) ranks 8th; the peer median for free cash flow is $49.26B.
AppLovin Free Cash Flow by Year
AppLovin Free Cash Flow 2025: $3.94B
AppLovin free cash flow in 2025 was $3.94B, surged 88.3% from 2024. This figure represents the highest annual value in the available history.
AppLovin Free Cash Flow 2024: $2.09B
AppLovin free cash flow in 2024 was $2.09B, surged 98.1% from 2023.
AppLovin Free Cash Flow 2023: $1.06B
AppLovin free cash flow in 2023 was $1.06B, surged 156.5% from 2022.
AppLovin Free Cash Flow 2022: $412.11M
AppLovin free cash flow in 2022 was $412.11M, grew 14.3% from 2021.
AppLovin Free Cash Flow 2021: $360.46M
AppLovin free cash flow in 2021 was $360.46M.
See more financial history for AppLovin (APP).
Sector peers — Free Cash Flow
Companies in the same sector as AppLovin, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.10T | Technology |
| Apple Inc. (AAPL) | $98.77B | Technology |
| NVIDIA Corporation (NVDA) | $96.68B | Technology |
| Microsoft Corporation (MSFT) | $71.61B | Technology |
| Broadcom Inc. (AVGO) | $26.91B | Technology |
| ASML Holding N.V. (ASML) | $10.65B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $6.74B | Technology |
| Micron Technology, Inc. (MU) | $1.67B | Technology |
Frequently asked questions
What is AppLovin's free cash flow?
Latest reported free cash flow for AppLovin (APP) is $3.94B (period ending December 31, 2025).
How has AppLovin free cash flow changed year-over-year?
AppLovin (APP) free cash flow changed +88.3% year-over-year on the latest annual filing.
What is the long-term growth rate of AppLovin free cash flow?
AppLovin (APP) free cash flow compound annual growth rate is +78.2% over the most recent 5 years available.
When did AppLovin free cash flow hit its highest annual value?
AppLovin free cash flow reached its highest annual value of $3.94B in 2025.
What was AppLovin free cash flow in 2024?
AppLovin (APP) free cash flow in 2024 was $2.09B.
What was AppLovin free cash flow in 2025?
AppLovin (APP) free cash flow in 2025 was $3.94B.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
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