AppFolio, Inc.
NASDAQ•APPF
CEO: Mr. Shane Trigg
Sector: Technology
Industry: Software - Application
Listing Date: 2015-06-26
AppFolio, Inc., together with its subsidiaries, provides cloud business management solutions for the real estate industry in the United States. The company provides a cloud-based platform that enables users to automate and optimize common workflows; tools that assist with leasing, maintenance, and accounting; and other technology and services offered by third parties. It offers AppFolio Property Manager Core, a platform that provides the basic functionalities required to operate a property management business, as well as serves as a system of record; AppFolio Property Manager Plus, which offers housing management, student housing management, complex accounting, leasing insights, large-scale operations support, role-based permissions, stack integrations, and enhanced customer support services; AppFolio Property Manager Max offers customer relationship management functionality, field customization, customer database functionality, and customer success management services; and AppFolio Investment Manager, a software that provides investment management, asset management, and relationship management solutions. The company also provides value-added services that are designed to enhance, automate, and streamline processes and workflows for property management businesses, such as electronic payment, tenant screening, and insurance services. AppFolio, Inc. was incorporated in 2006 and is headquartered in Goleta, California.
Contact Information
Market Cap
$6.78B
P/E (TTM)
48.0
66.7
Dividend Yield
--
52W High
$326.04
52W Low
$161.13
52W Range
Rank27Top 14.4%
5.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$248.19M-100.00%
4-Quarter Trend
EPS
$1.11-60.64%
4-Quarter Trend
FCF
$63.68M+75.07%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Revenue Growth Strong Total revenue reached $950.8M USD, marking a 20% increase driven by higher usage of Value Added Services.
Units Under Management Property management units under management grew 8% year-end to 9.4 million active or committed units.
Operating Cash Flow Net cash provided by operating activities totaled $242.1M USD, significantly higher than $188.2M USD provided in 2024.
Capital Allocation Strategy Board authorized $300.0M stock repurchase program; $50.0M spent in Q2 2025, leaving $250.0M available.
Risk Factors
Operating Margin Compression GAAP operating margin fell to 16.1% in 2025 from 17.1% in 2024, indicating cost pressures relative to revenue growth.
Regulatory Compliance Risks Evolving laws governing tenant screening and electronic payments create litigation risk, potential fines, and mandatory business practice adjustments.
Third-Party Service Disruption Reliance on third-party payment processors lacks long-term contracts; failure could cause significant operational disruptions and adversely affect results.
AI Adoption and Competition Intense competition requires rapid, costly AI innovation; failure to keep pace risks market share loss and competitive disadvantage.
Outlook
2026 Revenue Projection Expect total revenue growth for 2026 from adding new customers and increased adoption and usage of Value Added Services.
Expense Management Focus Expect Cost of Revenue and Sales/Marketing expenses to remain flat as percentage of revenue for fiscal year 2026.
Differentiate Through Technology Strategy focuses on creating differentiated product experiences using advanced technologies like Realm and integrated AI capabilities.
Customer Growth Strategy Focus on attracting larger, complex property management customers by providing sophisticated, single-platform solutions for expansion.
Peer Comparison
Revenue (TTM)
$6.32B
$5.20B
$3.49B
Gross Margin (Latest Quarter)
81.1%
79.6%
79.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| IDCC | $9.61B | 23.6 | 38.5% | 24.5% |
| MANH | $8.65B | 39.2 | 76.6% | 13.4% |
| PEGA | $7.99B | 20.3 | 60.1% | 4.7% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.5%
Moderate Growth
4Q Net Income CAGR
8.3%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 22, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data