Applovin Corp (APP) — Free Cash Flow Generation Index

Latest as of June 2026: 1.00x

Applovin Corp (APP) has a Free Cash Flow Generation Index of 1.00x as of June 2026. Free cash flow of $869.04 Million represents 1% of operating cash flow ($869.04 Million). Explore Applovin Corp capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

1.00x
Free Cash Flow / Operating CF

Free Cash Flow

$869.04 Million
USD

Operating Cash Flow

$869.04 Million
USD

Capital Expenditures

$0.00
USD

Applovin Corp Free Cash Flow Generation Index (2018–2025)

Historical FCF Generation Index trend for Applovin Corp across 8 annual periods. For the full cash flow conversion analysis, see Applovin Corp (APP) cash flow conversion.

Annual Free Cash Flow Generation for Applovin Corp (2018–2025)

Year-by-year Free Cash Flow Generation Index for Applovin Corp. Check cash flow reinvestment rate of Applovin Corp to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.99x $3.94 Billion $3.97 Billion $28.32 Million ▼ -0.5%
2024 1.00x $2.09 Billion $2.10 Billion $4.78 Million ▲ +0.2%
2023 1.00x $1.06 Billion $1.06 Billion $4.25 Million ▼ -0.2%
2022 1.00x $412.11 Million $412.77 Million $662.00K ▲ +1.4%
2021 0.98x $356.39 Million $361.85 Million $5.46 Million ▼ -0.1%
2020 0.99x $219.64 Million $222.88 Million $3.24 Million ▲ +0.2%
2019 0.98x $195.10 Million $198.46 Million $3.36 Million ▼ -0.7%
2018 0.99x $137.63 Million $139.03 Million $1.40 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).