13 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $951M | $141M | 0.0% | 16.1% | 26.0% | 20.5% | $239M | — | $107M |
| 2024 | $794M | $204M | 0.0% | 17.1% | 39.3% | 32.6% | $186M | — | $43M |
| 2023 | $620M | $3M | 0.0% | 0.2% | 0.9% | 0.7% | $51M | — | $50M |
| 2022 | $472M | -$68M | 0.0% | -15.3% | -25.7% | -17.9% | $19M | — | $71M |
| 2021 | $359M | $1M | 59.9% | -3.3% | 0.3% | 0.3% | $27M | — | $58M |
| 2020 | $310M | $158M | 61.6% | 3.2% | 55.4% | 40.7% | $29M | — | $140M |
| 2019 | $256M | $36M | 60.3% | 2.5% | 27.5% | 13.9% | $31M | $49M | $16M |
| 2018 | $190M | $20M | 61.3% | 10.3% | 21.7% | 11.4% | $34M | $50M | $74M |
| 2017 | $144M | $10M | 61.6% | 6.5% | 11.4% | 8.8% | $27M | $0 | $16M |
| 2016 | $106M | -$8M | 57.7% | -8.0% | -11.9% | -8.9% | $7M | — | $11M |
| 2015 | — | -$16M | — | — | -21.6% | -17.3% | -$11M | — | $12M |
| 2014 | — | -$9M | — | — | 16.8% | -33.9% | -$1M | $0 | $5M |
| 2013 | — | -$7M | — | — | 16.6% | — | -$6M | — | $11M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $281M | $42M | 0.0% | 18.8% | 7.9% | 6.4% | $88M | — | $217M |
| Mar '26 | $262M | $42M | 0.0% | 19.4% | 9.0% | 7.3% | $34M | — | $147M |
| Dec '25 | $248M | $40M | 0.0% | 17.6% | 7.4% | 5.8% | $64M | — | $107M |
| Sep '25 | $249M | $34M | 0.0% | 14.1% | 6.7% | 5.3% | $85M | — | $76M |
| Jun '25 | $236M | $36M | 0.0% | 17.2% | 7.9% | 6.3% | $52M | — | $73M |
| Mar '25 | $218M | $31M | 0.0% | 15.5% | 6.8% | 5.6% | $38M | — | $57M |
| Dec '24 | $204M | $103M | 0.0% | 11.3% | 19.8% | 16.4% | $36M | — | $43M |
| Sep '24 | $206M | $33M | 0.0% | 20.7% | 8.0% | 6.3% | $57M | — | $62M |
| Jun '24 | $197M | $30M | 0.0% | 18.3% | 8.0% | 6.2% | $51M | — | $60M |
| Mar '24 | $187M | $39M | 0.0% | 18.2% | 11.4% | 8.8% | $42M | — | $59M |
| Dec '23 | $172M | $30M | 0.0% | 16.4% | 10.2% | 7.4% | $28M | — | $50M |
| Sep '23 | $165M | $26M | 0.0% | -0.0% | 10.1% | 7.0% | $33M | — | $60M |
| Jun '23 | $147M | -$19M | 0.0% | -0.5% | -8.4% | -5.4% | -$11M | — | $25M |
| Mar '23 | $136M | -$35M | 0.0% | -19.5% | -14.6% | -9.5% | $779000 | — | $104M |
| Dec '22 | $124M | -$20M | 0.0% | -16.1% | -7.4% | -5.2% | $5M | — | $71M |
| Sep '22 | $125M | -$4M | 0.0% | -6.3% | -1.5% | -1.1% | $15M | — | $67M |
| Jun '22 | $117M | -$30M | 0.0% | -25.5% | -11.3% | -8.0% | $2M | — | $43M |
| Mar '22 | $105M | -$14M | 0.0% | -13.9% | -4.9% | -3.6% | -$4M | — | $50M |
| Dec '21 | $96M | -$1M | 59.1% | -7.7% | -0.4% | -0.3% | $6M | — | $58M |
| Sep '21 | $96M | -$141000 | 59.6% | -0.0% | -0.0% | -0.0% | $13M | — | $84M |
How the market has priced APPF against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Appfolio Inc's revenue has grown 25.1% per year, and net income declined 2.3% per year. These are computed facts, not advice.
As of FY2025, Appfolio Inc reported — of total debt against $107M of cash.
In FY2025, gross margin was —, operating margin 16.1%, and net margin 14.8%.
As of Sep '26, Appfolio Inc traded at a price-to-earnings ratio of about 56.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.