APPFOLIO INC APPF
APPFOLIO INC financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $950.8M | $794.2M | $620.4M | $471.9M | $359.4M | $310.1M | $256.0M | $190.1M | $143.8M | $105.6M |
| R&D expense | $190.4M | $160.4M | $151.4M | $111.1M | $66.0M | $48.5M | $39.5M | $24.1M | $16.6M | $12.6M |
| Operating income | $152.9M | $135.6M | $963,000 | -$72.4M | -$11.9M | $9.8M | $6.5M | $19.7M | $9.3M | -$8.4M |
| Income tax | $20.2M | -$53.7M | $5.3M | $1.4M | $706,000 | $38.4M | -$31.5M | $420,000 | $58,000 | $67,000 |
| Net income | $140.9M | $204.1M | $2.7M | -$68.1M | $1.0M | $158.4M | $36.3M | $20.0M | $9.7M | -$8.3M |
| EPS (diluted) | $3.88 | $5.55 | $0.07 | $-1.95 | $0.03 | $4.44 | $1.02 | $0.56 | $0.28 | $-0.25 |
| Operating cash flow | $242.1M | $188.2M | $60.3M | $25.4M | $35.4M | $48.3M | $38.9M | $36.3M | $29.4M | $11.5M |
| Free cash flow | $238.9M | $186.1M | $51.2M | $18.8M | $27.3M | $29.3M | $30.8M | $34.2M | $27.2M | $7.3M |
| Cash & equivalents | $107.0M | $42.5M | $49.5M | $70.8M | $57.8M | $140.3M | $15.8M | $74.1M | $16.1M | $10.7M |
| Total assets | $689.0M | $626.7M | $408.9M | $381.2M | $408.0M | $389.5M | $260.1M | $175.7M | $110.2M | $92.6M |
| Total liabilities | $146.4M | $107.4M | $111.6M | $115.7M | $110.6M | $103.6M | $128.2M | $83.9M | $25.2M | $22.9M |
| Shareholders' equity | $542.6M | $519.3M | $297.3M | $265.5M | $297.4M | $285.9M | $131.9M | $91.8M | $85.1M | $69.7M |
Growth · year-over-year · Revenue CAGR 27.7%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +19.7% | +28.0% | +31.5% | +31.3% | +15.9% | +21.1% | +34.7% | +32.2% | +36.2% | +40.8% |
| Net income growth | -30.9% | +7452.5% | — | -6726.4% | -99.4% | +336.6% | +81.7% | +105.5% | — | — |
| EPS growth | -30.1% | +7828.6% | — | -6600.0% | -99.3% | +335.3% | +82.1% | +100.0% | — | — |
| Free cash flow growth | +28.4% | +263.3% | +172.2% | -31.0% | -6.7% | -5.0% | -9.8% | +25.8% | +274.2% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.