APPF
Income statement / Annual
Last year (2025), Appfolio Inc's total revenue was $950.82 M,
an increase of 19.72% from the previous year.
In 2025, Appfolio Inc's net income was $140.92 M.
See Appfolio Inc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$950.82 M |
$794.20 M |
$620.45 M |
$471.88 M |
$359.37 M |
$310.06 M |
$256.01 M |
$190.07 M |
$143.80 M |
$105.59 M |
| Cost of Revenue |
$367.99 M
|
$301.61 M
|
$238.08 M
|
$191.83 M
|
$143.94 M
|
$119.03 M
|
$101.64 M
|
$73.55 M
|
$55.28 M
|
$44.63 M
|
| Gross Profit |
$582.83 M
|
$492.59 M
|
$382.37 M
|
$280.06 M
|
$215.43 M
|
$191.03 M
|
$154.37 M
|
$116.52 M
|
$88.52 M
|
$60.96 M
|
| Gross Profit Ratio |
0.61
|
0.62
|
0.62
|
0.59
|
0.6
|
0.62
|
0.6
|
0.61
|
0.62
|
0.58
|
| Research and Development Expenses |
$190.42 M
|
$160.38 M
|
$151.36 M
|
$111.12 M
|
$65.98 M
|
$48.53 M
|
$39.51 M
|
$24.11 M
|
$16.58 M
|
$12.64 M
|
| General & Administrative Expenses |
$95.59 M
|
$85.97 M
|
$93.45 M
|
$100.79 M
|
$57.28 M
|
$47.48 M
|
$34.48 M
|
$24.89 M
|
$21.20 M
|
$17.98 M
|
| Selling & Marketing Expenses |
$143.90 M
|
$110.60 M
|
$107.60 M
|
$107.40 M
|
$73.20 M
|
$58.45 M
|
$51.53 M
|
$33.29 M
|
$28.71 M
|
$28.83 M
|
| Selling, General & Administrative Expenses |
$239.49 M
|
$196.57 M
|
$201.05 M
|
$208.19 M
|
$130.48 M
|
$105.93 M
|
$86.01 M
|
$58.18 M
|
$49.91 M
|
$46.81 M
|
| Other Expenses |
$0.00
|
$0.00
|
$28.99 M
|
$33.12 M
|
$30.85 M
|
$26.79 M
|
$22.40 M
|
-$56.00 K
|
-$96.00 K
|
-$37.00 K
|
| Operating Expenses |
$429.91 M
|
$356.95 M
|
$381.41 M
|
$352.43 M
|
$227.30 M
|
$181.24 M
|
$147.91 M
|
$96.87 M
|
$79.19 M
|
$69.38 M
|
| Cost And Expenses |
$797.91 M
|
$658.56 M
|
$619.48 M
|
$544.25 M
|
$371.25 M
|
$300.27 M
|
$249.55 M
|
$170.42 M
|
$134.47 M
|
$114.01 M
|
| Interest Income |
$8.16 M
|
$13.98 M
|
$7.03 M
|
$1.18 M
|
$501.00 K
|
$0.00
|
$0.00
|
$787.00 K
|
$0.00
|
$0.00
|
| Interest Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1.85 M
|
$1.65 M
|
$0.00
|
$535.00 K
|
$246.00 K
|
| Depreciation & Amortization |
$22.65 M
|
$19.55 M
|
$28.63 M
|
$36.31 M
|
$34.04 M
|
$30.49 M
|
$26.53 M
|
$14.58 M
|
$12.70 M
|
$9.94 M
|
| EBITDA |
$183.76 M |
$169.87 M |
$29.60 M |
-$36.06 M |
$22.17 M |
$229.17 M |
$33.00 M |
$34.23 M |
$22.03 M |
$1.51 M |
| EBITDA Ratio |
0.19
|
0.21
|
0.05
|
-0.08
|
0.06
|
0.74
|
0.13
|
0.18
|
0.15
|
0.01
|
| Operating Income Ratio |
0.16
|
0.17
|
0
|
-0.15
|
-0.03
|
0.03
|
0.03
|
0.1
|
0.06
|
-0.08
|
| Total Other Income/Expenses Net |
$8.20 M
|
$14.68 M
|
$7.03 M
|
$5.65 M
|
$13.61 M
|
$187.05 M
|
-$1.64 M
|
$731.00 K
|
$439.00 K
|
$209.00 K
|
| Income Before Tax |
$161.11 M
|
$150.32 M
|
$8.00 M
|
-$66.72 M
|
$1.73 M
|
$196.83 M
|
$4.82 M
|
$20.39 M
|
$9.77 M
|
-$8.21 M
|
| Income Before Tax Ratio |
0.17
|
0.19
|
0.01
|
-0.14
|
0
|
0.63
|
0.02
|
0.11
|
0.07
|
-0.08
|
| Income Tax Expense |
$20.19 M
|
-$53.75 M
|
$5.30 M
|
$1.40 M
|
$706.00 K
|
$38.43 M
|
-$31.46 M
|
$420.00 K
|
$58.00 K
|
$67.00 K
|
| Net Income |
$140.92 M
|
$204.07 M
|
$2.70 M
|
-$68.12 M
|
$1.03 M
|
$158.40 M
|
$36.28 M
|
$19.97 M
|
$9.72 M
|
-$8.28 M
|
| Net Income Ratio |
0.15
|
0.26
|
0
|
-0.14
|
0
|
0.51
|
0.14
|
0.11
|
0.07
|
-0.08
|
| EPS |
3.91 |
5.63 |
0.0758 |
-1.95 |
0.0297 |
4.62 |
1.07 |
0.59 |
0.29 |
-0.25 |
| EPS Diluted |
3.88 |
5.55 |
0.0742 |
-1.95 |
0.0288 |
4.44 |
1.02 |
0.56 |
0.28 |
-0.25 |
| Weighted Average Shares Out |
$36.01 M
|
$36.25 M
|
$35.63 M
|
$35.01 M
|
$34.58 M
|
$34.26 M
|
$34.02 M
|
$34.13 M
|
$33.85 M
|
$33.12 M
|
| Weighted Average Shares Out Diluted |
$36.33 M
|
$36.78 M
|
$36.42 M
|
$35.01 M
|
$35.70 M
|
$35.71 M
|
$35.57 M
|
$35.56 M
|
$35.15 M
|
$33.56 M
|
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