Company / Working Capital
AppLovin Working Capital History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$3.1B
FY2025
5-year range
$672.0M / $3.1B
FY2021-FY2025
Trend
+146.8%
vs FY2024
Sector context
#36 of 311
Information Technology
What the data says
AppLovin's working capital of $3.1B is higher than 88% of companies in the Information Technology sector (FY2025). Improved from $672M to $3.1B over the past 2 years.
Based on SEC 10-K filings.
$3.1B in FY2025 with a 5-year CAGR of +116.6%. Top quartile in the Information Technology sector.
Improved from $672M to $3.1B over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +31.6%
- 5-Year CAGR
- +116.6%
- 10-Year CAGR
- -
Sector benchmark
Top 12% in Information TechnologyTop 12% of 311This company $3.1B Sector average $1.7B
▼
+80.5% above sector average
Key checks
Key Insights
- 5-year CAGR of +116.6%, indicating consistent growth.
- In FY2025, working capital increased 146.8% year-over-year.
- Ranks #36 out of 311 companies in the Information Technology sector.
- Lowest working capital in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score 3.21 (safe zone, above 2.9 threshold)
- Strong profit margin: 45.3%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 192.1%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.1B | +146.8% |
| FY2024 | $1.3B | +86.7% |
| FY2023 | $672.0M | -50.6% |
| FY2022 | $1.4B | -47.6% |
| FY2021 | $2.6B | +3895.8% |
| FY2020 | $64.9M | - |
| FY2019 | - | - |
As of FY2025 · SEC Form 10-K · Last checked Jun 21, 2026