APP · News · 20260806N
Liquidity and Debt Position
AppLovin Corp · 2026-08-06 · Importance 36 · Surprise 6 · In source text
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.
Key facts
- Balance sheet figures: $3B cash, $3.5B debt, and a 29x interest coverage ratio source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | — | Balance sheet figures: $3B cash, $3.5B debt, and a 29x interest coverage ratio |
| liability | negative | realized | — | Balance sheet figures: $3B cash, $3.5B debt, and a 29x interest coverage ratio |