APP · 10-Q · 2026Q2 · Full report

Liquidity and Debt Position

AppLovin Corp · 2026-08-05 · Importance 49 · Surprise 6

As of June 30, 2026, AppLovin had $3.1 billion of cash and cash equivalents and access to a $1.0 billion unsecured revolving credit facility under its 2024 Credit Agreement. Management believes these resources and expected operating cash flow will fund anticipated working capital and capital expenditure needs for at least the next 12 months. Future cash requirements may increase with revenue growth, research and development, IT infrastructure investment, hardware and software purchases, share repurchases, and strategic investments in teams, technologies, or intellectual property. The company may seek additional equity or debt financing earlier than anticipated or opportunistically.

Key facts

• The 2024 Credit Agreement provides for a $1.0 billion unsecured revolving credit facility available under borrowing capacity as of June 30, 2026. source
• As of June 30, 2026, cash and cash equivalents: $3.1 billion. source
• Net cash provided by (used in) investing activities for the six months ended June 30, 2026: $(7,688) (in thousands), primarily related to payments for initial direct costs of certain new leases and purchases of property and equipment. source