APPF
Appfolio Inc
NASDAQ: APPF · TECHNOLOGY · SOFTWARE - APPLICATION
$165.32
-2.05% today
Updated 2026-04-29
Market cap
$5.85B
P/E ratio
39.36
P/S ratio
5.87x
EPS (TTM)
$4.20
Dividend yield
—
52W range
$143 – $326
Volume
0.4M
Appfolio Inc (APPF) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.54M | $47.67M | $74.98M | $105.59M | $143.80M | $190.07M | $256.01M | $310.06M | $359.37M | $471.88M | $620.45M | $794.20M | $950.82M |
| Revenue growth (YoY) | — | +79.6% | +57.3% | +40.8% | +36.2% | +32.2% | +34.7% | +21.1% | +15.9% | +31.3% | +31.5% | +28.0% | +19.7% |
| Cost of revenue | $13.62M | $22.55M | $33.90M | $44.63M | $55.28M | $73.55M | $101.64M | $119.03M | $143.94M | $191.83M | $238.08M | $301.61M | $367.99M |
| Gross profit | $12.93M | $25.12M | $41.07M | $60.96M | $88.52M | $116.52M | $154.37M | $191.03M | $215.43M | $280.06M | $382.37M | $492.59M | $582.83M |
| Gross margin | 48.7% | 52.7% | 54.8% | 57.7% | 61.6% | 61.3% | 60.3% | 61.6% | 59.9% | 59.3% | 61.6% | 62.0% | 61.3% |
| R&D | $5.06M | $6.50M | $9.55M | $12.64M | $16.58M | $24.11M | $39.51M | $48.53M | $65.98M | $111.12M | $151.36M | $160.38M | $190.42M |
| SG&A | $2.29M | $6.49M | $14.34M | $17.98M | $21.20M | $24.89M | $34.48M | $47.48M | $57.28M | $100.79M | $93.45M | $85.97M | $95.59M |
| Operating income | $-7.60M | $-8.56M | $-15.00M | $-8.42M | $9.34M | $19.66M | $6.46M | $9.78M | $-11.88M | $-72.37M | $963000.00 | $135.64M | $152.92M |
| Operating margin | -28.6% | -18.0% | -20.0% | -8.0% | 6.5% | 10.3% | 2.5% | 3.2% | -3.3% | -15.3% | 0.2% | 17.1% | 16.1% |
| EBITDA | $-4.46M | $-4.82M | $-8.89M | $1.51M | $22.03M | $34.23M | $33.00M | $229.17M | $22.17M | $-36.06M | $29.59M | $169.87M | $183.76M |
| EBITDA margin | -16.8% | -10.1% | -11.9% | 1.4% | 15.3% | 18.0% | 12.9% | 73.9% | 6.2% | -7.6% | 4.8% | 21.4% | 19.3% |
| EBIT | $-7.30M | $-8.62M | $-15.00M | $-8.42M | $9.34M | $19.66M | $6.48M | $198.68M | $-11.88M | $-72.37M | $963000.00 | $150.32M | $161.11M |
| Interest expense | $0.00 | $0.00 | $595000.00 | $246000.00 | $535000.00 | $0.00 | $1.65M | $1.85M | $501000.00 | $1.18M | — | — | — |
| Income tax | $-12000.00 | $-59000.00 | $75000.00 | $67000.00 | $58000.00 | $420000.00 | $-31.46M | $38.43M | $706000.00 | $1.40M | $5.29M | $-53.75M | $20.19M |
| Effective tax rate | 0.2% | 0.7% | -0.5% | -0.8% | 0.6% | 2.1% | -652.3% | 19.5% | 40.7% | -2.1% | 66.2% | -35.8% | 12.5% |
| Net income | $-7.30M | $-8.62M | $-15.67M | $-8.28M | $9.72M | $19.97M | $36.28M | $158.40M | $1.03M | $-68.12M | $2.70M | $204.07M | $140.92M |
| Net income growth (YoY) | — | -18.0% | -81.7% | +47.1% | +217.3% | +105.5% | +81.7% | +336.6% | -99.4% | -6726.4% | +104.0% | +7452.5% | -30.9% |
| Profit margin | -27.5% | -18.1% | -20.9% | -7.8% | 6.8% | 10.5% | 14.2% | 51.1% | 0.3% | -14.4% | 0.4% | 25.7% | 14.8% |