Cash Flow Statement
Quarterly Data
The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.
The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.
Paying user area
Try for free
AppLovin Corp. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Income Statement
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Liquidity Ratios
- Enterprise Value (EV)
- Selected Financial Data since 2021
- Return on Assets (ROA) since 2021
- Total Asset Turnover since 2021
- Price to Earnings (P/E) since 2021
- Price to Operating Profit (P/OP) since 2021
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to AppLovin Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
AppLovin Corp., consolidated cash flow statement (quarterly data)
US$ in thousands
Based on: 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).
The financial data reveals several key trends in profitability, operating performance, investing, and financing activities over the observed quarters.
- Net Income (Loss)
- The net income shows considerable volatility, with significant losses in certain quarters notably at the end of March 2022 and December 2022, followed by strong rebounds to substantial profits from March 2023 onward. Over time, the company demonstrates a clear trend of improving profitability, reaching historically high net income levels by the end of the data period in mid-2025.
- Amortization, Depreciation, and Write-offs
- This expense category remains consistently high across the periods, generally ranging above US$80 million and peaking around US$160 million in mid-2022. A downward trend sets in after this peak, with notable decreases observed by mid-2025, indicating potentially lower asset base charges or completion of significant amortizations.
- Goodwill Impairment
- A significant goodwill impairment is recorded late in the timeline, specifically in mid-2025, suggesting a major write-down affecting the asset base, impacting the company’s recorded intangible assets negatively.
- Stock-Based Compensation
- This cost fluctuates, with peaks in early 2023 and modest declines toward the latest periods. The variability reflects changes in equity incentive expenses that could relate to compensation plans or employee stock-related transactions.
- Cash Flow from Operating Activities
- Operating cash flow displays recovery and growth after an initial decline at the beginning of 2022, with positive inflows growing steadily through 2023 into 2025. This trend indicates improving operational efficiency and cash generation.
- Investing Activities
- Cash used in investing activities is substantial and predominantly negative, highlighting ongoing acquisitions, intangible asset purchases, and investments in non-marketable securities. Some quarters show positive cash inflows, possibly from asset sales or divestitures, notably a large cash inflow reported in mid-2025, which seems related to a major divestiture or asset sale.
- Financing Activities
- Financing cash flows are volatile with large inflows corresponding to debt issuances and stock offerings, especially evident in early 2021 and 2024. Conversely, significant outflows relate to repurchases of common stock and repayments of principal debt, reflecting active capital restructuring and shareholder return strategies. The large stock repurchases intensify from late 2022 to 2025, suggesting a focus on returning value to shareholders.
- Working Capital Components
- Key working capital accounts such as accounts receivable, prepaid expenses, accounts payable, and accrued liabilities show notable fluctuations. These variations reflect the dynamics in operational cycles, credit management, and payment schedules. The changes in operating assets and liabilities are mostly negative, indicating cash outflows relating to operational needs, though some periods exhibit positive changes which would support liquidity.
- Foreign Exchange Effects
- The impact of foreign exchange on cash balances is relatively minor but fluctuates between positive and negative values, suggesting modest exposure to currency movements.
- Overall Cash Position
- The net increase or decrease in cash varies widely, with significant inflows and outflows across the quarters. Despite some quarters with large cash decreases, the overall pattern by mid-2025 indicates a strengthening cash position, bolstered by improved operational cash flow and strategic financing and investing decisions.
In summary, the company experiences substantial financial fluctuations, with important restructuring activities such as significant goodwill impairment and aggressive share repurchases. The improvement in net income and operating cash flow coupled with continued investment suggests a growth and value-maximization strategy, though accompanied by periods of financial stress and heavy capital deployment. The management appears focused on enhancing shareholder returns while maintaining investment in intangibles and other assets, navigating a complex operating and financial environment.