Applovin Corp (APP) — Cash Flow Quality Index

Latest as of June 2026: 0.69x

Applovin Corp (APP) has a Cash Flow Quality Index of 0.69x as of June 2026. Operating cash flow of $869.04 Million is below net income of $1.27 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore APP cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.69x
Operating CF / Net Income

Operating Cash Flow

$869.04 Million
USD

Net Income

$1.27 Billion
USD

Data as of

Jun 2026
Most recent filing

Applovin Corp Cash Flow Quality Index (2019–2025)

Historical Cash Flow Quality Index for Applovin Corp across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Applovin Corp (APP) cash flow conversion.

Annual Cash Flow Quality Index for Applovin Corp (2019–2025)

Year-by-year earnings quality comparison for Applovin Corp.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.16x $3.97 Billion $3.43 Billion ▼ -12.9%
2024 1.33x $2.10 Billion $1.58 Billion ▼ -55.4%
2023 2.98x $1.06 Billion $356.71 Million ▼ -70.9%
2021 10.24x $361.85 Million $35.34 Million ▲ +514.2%
2019 1.67x $198.46 Million $119.04 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.