APP · 10-Q · 2026Q2 · Full report

Free Cash Flow

AppLovin Corp · 2026-08-05 · Importance 64 · Surprise 56 · Matches filing data

Operating cash flow increased 35% year over year to $2.160 billion for the six months ended June 30, 2026 from $1.604 billion. Free cash flow increased 35% to $2.150 billion from $1.594 billion. Property-and-equipment purchases were $1.8 million and finance-lease principal payments were $8.5 million during the 2026 period. Higher customer collections from revenue growth drove the operating-cash-flow improvement, partly offset by higher publisher payments, operating spending, and income-tax payments.

Key facts

• Six months ended June 30, 2026 Free Cash Flow: $2,150,065 (in thousands), defined as net cash provided by operating activities less purchases of property and equipment and principal payments of finance leases. source
• Net cash provided by operating activities for the six months ended June 30, 2026 primarily consisted of $2.5 billion of net income adjusted for $169.0 million of stock-based compensation, $66.2 million of amortization, depreciation and write-offs, and $50.5 million of net gain on fair value remeasurement of financial instruments, partially offset by a net decrease in operating assets and liabilities of $504.8 million. source
• Six months ended June 30, 2026 Net cash provided by operating activities: $2,160,433 (in thousands). source

Impact estimates