APPFOLIO INCAPPFEarnings & Financial Report
AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.
APPF Q4 2025 Key Financial Metrics
Revenue
$248.2M
Gross Profit
N/A
Operating Profit
$43.6M
Net Profit
$39.9M
Gross Margin
N/A
Operating Margin
17.6%
Net Margin
16.1%
YoY Growth
21.9%
EPS
$1.10
Financial Flow
APPFOLIO INC Q4 2025 Financial Summary
APPFOLIO INC reported revenue of $248.2M for Q4 2025, with a net profit of $39.9M (16.1% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $248.2M |
|---|---|
| Net Profit | $39.9M |
| Gross Margin | N/A |
| Operating Margin | 17.6% |
| Report Period | Q4 2025 |
APPFOLIO INC Annual Revenue by Year
APPFOLIO INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $950.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $950.8M |
| 2024 | $794.2M |
| 2023 | $620.4M |
| 2022 | $471.9M |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $187.4M | $197.4M | $205.7M | $203.7M | $217.7M | $235.6M | $249.4M | $248.2M |
| YoY Growth | 37.7% | 34.2% | 24.4% | 18.5% | 16.2% | 19.4% | 21.2% | 21.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $438.8M | $479.3M | $523.3M | $626.7M | $564.7M | $567.4M | $640.5M | $689.0M |
| Liabilities | $99.6M | $107.9M | $110.5M | $107.4M | $102.6M | $111.8M | $141.6M | $146.4M |
| Equity | $339.2M | $371.4M | $412.8M | $519.3M | $462.1M | $455.6M | $498.9M | $542.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $43.0M | $50.9M | $57.8M | $36.6M | $38.5M | $52.6M | $86.0M | $65.0M |
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