Applovin Corp (APP) — Financial Flexibility Index
Applovin Corp (APP) has a Financial Flexibility Index of 0.17x as of June 2026. Free cash flow of $869.04 Million (operating CF $869.04 Million minus capex $0.00) represents 0% of total liabilities ($5.11 Billion). Check APP capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Applovin Corp Financial Flexibility Index (2018–2025)
Historical Financial Flexibility Index trend for Applovin Corp across 8 annual periods. For the full cash flow conversion analysis, see Applovin Corp (APP) cash flow conversion.
Annual Financial Flexibility Index for Applovin Corp (2018–2025)
Year-by-year free cash flow to debt coverage for Applovin Corp. Explore APP cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.78x | $4.00 Billion | $3.97 Billion | $5.12 Billion | ▲ +77.3% |
| 2024 | 0.44x | $2.10 Billion | $2.10 Billion | $4.78 Billion | ▲ +69.5% |
| 2023 | 0.26x | $1.07 Billion | $1.06 Billion | $4.10 Billion | ▲ +147.9% |
| 2022 | 0.10x | $413.44 Million | $412.77 Million | $3.95 Billion | ▲ +14.8% |
| 2021 | 0.09x | $367.31 Million | $361.85 Million | $4.03 Billion | ▼ -6.7% |
| 2020 | 0.10x | $226.12 Million | $222.88 Million | $2.31 Billion | ▼ -29.3% |
| 2019 | 0.14x | $201.82 Million | $198.46 Million | $1.46 Billion | ▼ -9.9% |
| 2018 | 0.15x | $140.43 Million | $139.03 Million | $915.21 Million | — |