AppLovin Corp
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
APP$410.00+4.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands, except share and per share data)
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $741,411 | $502,152 |
| Accounts receivable, net | 1,414,246 | 953,810 |
| Prepaid expenses and other current assets | 156,533 | 160,201 |
| Total current assets | 2,312,190 | 1,616,163 |
| Property and equipment, net | 160,530 | 173,331 |
| Operating lease right-of-use assets | 38,069 | 48,210 |
| Goodwill | 1,803,426 | 1,842,850 |
| Intangible assets, net | 896,677 | 1,292,635 |
| Other assets | 658,367 | 385,998 |
| Total assets | $5,869,259 | $5,359,187 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $563,427 | $371,702 |
| Accrued and other current liabilities | 409,392 | 265,256 |
| Short-term debt | — | 215,000 |
| Deferred revenue | 69,839 | 78,559 |
| Operating lease liabilities, current | 14,814 | 13,605 |
| Total current liabilities | 1,057,472 | 944,122 |
| Long-term debt | 3,508,983 | 2,905,906 |
| Operating lease liabilities, non-current | 32,608 | 42,905 |
| Other non-current liabilities | 180,378 | 209,925 |
| Total liabilities | 4,779,441 | 4,102,858 |
| Commitments and contingencies (Note 5) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.00003 par value—100,000,000 shares authorized, no shares issued and outstanding as of December 31, 2024 and 2023 | — | — |
| Class A, Class B, and Class C Common stock, $0.00003 par value—1,850,000,000 (Class A 1,500,000,000, Class B 200,000,000, Class C 150,000,000) shares authorized, 340,041,739 (Class A 309,353,198, Class B 30,688,541, Class C nil) and 339,886,712 (Class A 268,774,090, Class B 71,112,622, Class C nil) shares issued and outstanding as of December 31, 2024 and 2023, respectively | 11 | 11 |
| Additional paid-in capital | 593,699 | 2,134,581 |
| Accumulated other comprehensive loss | (103,096) | (65,274) |
| Retained earnings (Accumulated deficit) | 599,204 | (812,989) |
| Total stockholders’ equity | 1,089,818 | 1,256,329 |
| Total liabilities and stockholders’ equity | $5,869,259 | $5,359,187 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.