Financials in USD. Standardized financial statements.
A compact view of how AppFolio, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $950.82M | $794.20M | $620.45M | $471.88M | $359.37M | $310.06M | $256.01M | $190.07M | $143.80M | $105.59M |
| Revenue Growth? | +19.7% | +28.0% | +31.5% | +31.3% | +15.9% | +21.1% | +34.7% | +32.2% | +36.2% | 0.0% |
| Cost of Revenue? | $367.99M | $301.61M | $238.08M | $191.83M | $143.94M | $119.03M | $101.64M | $73.55M | $55.28M | $44.63M |
| Gross Profit? | $582.83M | $492.59M | $382.37M | $280.06M | $215.43M | $191.03M | $154.37M | $116.52M | $88.52M | $60.96M |
| Gross Margin? | +61.3% | +62.0% | +61.6% | +59.3% | +59.9% | +61.6% | +60.3% | +61.3% | +61.6% | +57.7% |
| Operating Expenses? | $429.91M | $356.95M | $381.41M | $352.43M | $227.30M | $181.24M | $147.91M | $96.87M | $79.19M | $69.38M |
| Operating Income? | $152.92M | $135.64M | $963,000 | -$72.37M | -$11.88M | $9.78M | $6.46M | $19.66M | $9.34M | -$8.42M |
| EBITDA? | $183.76M | $169.87M | $29.59M | -$36.06M | $22.17M | $229.17M | $33.00M | $34.23M | $22.03M | $1.51M |
| Income Before Tax | $161.11M | $150.32M | $8.00M | -$66.72M | $1.73M | $196.83M | $4.82M | $20.39M | $9.77M | -$8.21M |
| Income Tax Expense | $20.19M | -$53.75M | $5.29M | $1.40M | $706,000 | $38.43M | -$31.46M | $420,000 | $58,000 | $67,000 |
| Net Income? | $140.92M | $204.07M | $2.70M | -$68.12M | $1.03M | $158.40M | $36.28M | $19.97M | $9.72M | -$8.28M |
| EPS? | $3.91 | $5.63 | $0.08 | $-1.95 | $0.03 | $4.62 | $1.07 | $0.59 | $0.29 | $-0.25 |
| Diluted EPS? | $3.88 | $5.55 | $0.07 | $-1.95 | $0.03 | $4.44 | $1.02 | $0.56 | $0.28 | $-0.25 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality