APP · News · 20260804N

Liquidity and Debt Position

AppLovin Corp · 2026-08-04 · Importance 36 · Surprise 6

AppLovin had approximately $3 billion of cash and $3.5 billion of debt following the second quarter of 2026. The company reported a 29x interest-coverage ratio, indicating substantial operating capacity relative to interest expense. First-quarter free cash flow was $1.3 billion, supporting self-funded growth and share repurchases.

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