Appfolio
APPF
196.97
-6.34
-3.12%
Appfolio
US · APPF
#1757 by market cap
Listed 2015
196.97
-6.34
-3.12%
Live - 5344 symbols - heartbeat 332s ago
· 2026-10-08 04:26
Pre-market
197.29
+0.16%
After-hours
196.97
0.00%
- Market cap
- 6.98B
- P/E (TTM)i
- 44.87
- P/Bi
- 13.26
- EPSi
- 3.88
- Div yieldi
- 0.00%
- 52W posi
- 44%
Reader sentiment
Are you bullish or bearish on APPF?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 32.01, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +19.72% YoY
Margins
- Gross margin
- 63.68%
- Operating margin
- 16.08%
- Net margin
- 14.82%
Key ratios & quality
- Altman Z-Scorei
- 32.01
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 190.07M | 256.01M | 310.06M | 359.37M | 471.88M | 620.45M | 794.20M | 950.82M |
| Gross profit | 116.52M | 154.37M | 191.03M | 215.43M | 280.06M | 382.37M | 512.14M | 605.48M |
| Selling & admin expenses | 58.18M | 86.01M | 105.93M | 130.48M | 208.19M | 201.05M | 196.57M | 239.49M |
| Research & development | 24.11M | 39.51M | 48.53M | 65.98M | 111.12M | 151.36M | 160.38M | 190.42M |
| Operating profit | 19.66M | 6.46M | 9.78M | -11.88M | -72.37M | 963.00K | 135.64M | 152.92M |
| Pretax profit | 20.39M | 4.82M | 196.83M | 1.73M | -66.72M | 8.00M | 150.32M | 161.11M |
| Tax | 420.00K | -31.46M | 38.43M | 706.00K | 1.40M | 5.30M | -53.75M | 20.19M |
| Net profit | 19.97M | 36.28M | 158.40M | 1.03M | -68.12M | 2.70M | 204.07M | 140.92M |
| Basic EPS | 1 | 1 | 5 | 0 | -2 | 0 | 6 | 4 |
| Diluted EPS | 0.56 | 1.02 | 4.44 | 0.03 | -1.95 | 0.07 | 5.55 | 3.88 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 217.70M | 235.58M | 249.35M | 248.19M | 262.21M | 281.12M |
| Gross profit | 138.20M | 151.75M | 157.88M | 157.65M | 167.24M | 178.53M |
| Selling & admin expenses | 54.41M | 58.71M | 63.36M | 63.02M | 61.84M | 69.57M |
| Research & development | 43.76M | 46.67M | 54.04M | 45.95M | 49.63M | 51.00M |
| Operating profit | 33.78M | 40.51M | 35.05M | 43.58M | 50.75M | 52.98M |
| Pretax profit | 36.79M | 41.97M | 36.73M | 45.62M | 53.10M | 54.41M |
| Tax | 5.41M | 5.99M | 3.09M | 5.71M | 10.68M | 12.87M |
| Net profit | 31.38M | 35.98M | 33.65M | 39.91M | 42.42M | 41.54M |
| Basic EPS | 1 | 1 | 1 | 1 | 1 | 1 |
| Diluted EPS | 0.86 | 0.99 | 0.93 | 1.10 | 1.18 | 1.17 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 108.00M | 61.79M | 199.35M | 158.60M | 201.47M | 272.36M | 335.40M | 353.31M |
| Cash & ST investments | 90.71M | 38.69M | 168.52M | 122.45M | 160.07M | 211.71M | 278.25M | 251.22M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 175.74M | 260.10M | 389.48M | 408.02M | 381.22M | 408.89M | 626.68M | 688.97M |
| Total current liabilities | 28.21M | 47.47M | 49.81M | 52.64M | 61.34M | 69.77M | 63.28M | 106.85M |
| Short-term debt | 1.21M | 1.21M | -- | -- | 3.36M | 3.63M | 4.27M | 4.87M |
| Long-term debt | 48.60M | 47.38M | -- | -- | -- | -- | -- | -- |
| Total liabilities | 83,895,000.00 | 128,152,000.00 | 103,560,000.00 | 110,636,000.00 | 115,671,000.00 | 111,577,000.00 | 107,388,000.00 | 146,388,000.00 |
| Total equity | 91.85M | 131.95M | 285.92M | 297.38M | 265.55M | 297.31M | 519.29M | 542.58M |
| Retained earnings | -44.32M | -8.03M | 150.37M | 151.40M | 83.28M | 85.98M | 290.05M | 430.97M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 272.01M | 197.14M | 302.76M | 353.31M | 254.94M | 325.19M |
| Cash & ST investments | 210.81M | 127.57M | 200.15M | 251.22M | 151.65M | 221.69M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 564.73M | 567.40M | 640.47M | 688.97M | 580.56M | 648.37M |
| Total current liabilities | 58.61M | 67.59M | 100.43M | 106.85M | 72.36M | 84.88M |
| Short-term debt | 4.37M | 4.47M | 4.71M | 4.87M | 5.00M | 5.12M |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 102,614,000.00 | 111,757,000.00 | 141,597,000.00 | 146,388,000.00 | 110,332,000.00 | 122,229,000.00 |
| Total equity | 462.12M | 455.65M | 498.87M | 542.58M | 470.23M | 526.14M |
| Retained earnings | 321.43M | 357.41M | 391.06M | 430.97M | 473.40M | 514.94M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 36.27M | 38.89M | 48.30M | 35.39M | 25.37M | 60.28M | 188.16M | 242.11M |
| Depreciation & amortization | 14.58M | 25.77M | 29.21M | 32.23M | 34.01M | 31.12M | 21.57M | 24.87M |
| Free cash flow | 21.86M | 9.81M | 3.22M | 2.67M | 4.14M | 46.42M | 180.97M | 235.51M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -21.56M | 0 | -4.19M | -- | -- | 0 | 0 | -144.77M |
| Ending cash balance | 74.51M | 16.25M | 140.70M | 58.28M | 71.02M | 49.76M | 42.75M | 107.22M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 38.47M | 52.64M | 86.01M | 64.99M | 34.30M | 87.60M |
| Depreciation & amortization | 6.76M | 6.36M | 5.95M | 5.81M | 5.58M | 5.55M |
| Free cash flow | 37.60M | 51.53M | 83.74M | 62.65M | 32.76M | 86.36M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -95.76M | -49.96M | 951.00K | 0 | -125.01M | 0 |
| Ending cash balance | 57.18M | 73.73M | 76.34M | 107.22M | 147.66M | 217.65M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 22.57 | 32.42 | 75.81 | 0.35 | -24.20 | 0.96 | 49.98 | 26.54 |
| ROA %i | 13.96 | 16.65 | 48.77 | 0.26 | -17.26 | 0.68 | 39.41 | 21.42 |
| ROIC %i | 14.44 | 20.41 | 58.81 | 0.30 | -20.37 | -0.86 | 42.74 | 23.43 |
| 5-year avg ROE %i | -- | -18.34 | 26.35 | 28.74 | 21.39 | 17.07 | 20.58 | 10.73 |
| EBIT margin %i | 10.34 | 2.52 | 3.16 | -3.31 | -15.34 | 0.16 | 17.08 | 16.08 |
| FCF / sales %i | 11.50 | 3.83 | 1.04 | 0.74 | 0.88 | 7.48 | 22.79 | 24.77 |
| Current ratioi | 3.83 | 1.30 | 4.00 | 3.01 | 3.28 | 3.90 | 5.30 | 3.31 |
| Quick ratioi | 3.41 | 0.97 | 3.59 | 2.57 | 2.88 | 3.33 | 4.80 | 2.95 |
| Debt / assetsi | 28.35 | 31.49 | 10.31 | 13.66 | 14.06 | 10.94 | 6.66 | 5.54 |
| LT debt / equityi | 52.92 | 61.15 | 14.04 | 18.74 | 18.92 | 13.83 | 7.22 | 6.14 |
| Interest coveragei | -- | -- | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | 36.35 | 34.34 | 29.19 | 23.65 | 22.61 | 26.01 | 30.26 | 26.31 |
| Net income CAGR (3Y) %i | -- | -- | 153.57 | -62.80 | -- | -74.26 | 483.35 | -- |
| FCF CAGR (3Y) %i | -- | -- | -42.24 | -50.37 | -25.00 | 143.40 | 307.57 | 284.69 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 49.11 | 49.11 | 44.69 | 26.54 | 32.60 | 32.09 |
| ROA %i | 39.22 | 38.81 | 35.01 | 21.42 | 26.54 | 25.91 |
| ROIC %i | 41.92 | 42.56 | 39.53 | 23.43 | 28.91 | 28.71 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 16.42 | 16.21 | 14.60 | 16.08 | 17.07 | 17.52 |
| FCF / sales %i | 21.61 | 20.90 | 22.97 | 24.77 | 23.18 | 25.51 |
| Current ratioi | 4.64 | 2.92 | 3.01 | 3.31 | 3.52 | 3.83 |
| Quick ratioi | 4.07 | 2.37 | 2.33 | 2.95 | 2.94 | 3.35 |
| Debt / assetsi | 7.21 | 6.99 | 6.13 | 5.54 | 6.37 | 5.52 |
| LT debt / equityi | 7.86 | 7.72 | 6.92 | 6.14 | 6.80 | 5.83 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Value Added services is the largest reported line at 78.07% of revenue, across 3 reported segments.
- The next-largest line, Subscription services, is a distant second at 21.27% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Value Added services78.07%
Subscription services21.27%
Other0.66%
Quote time 2026-10-08 04:26:48 · For reference only, not investment advice and not tailored to your situation.