FY2025 · ended Dec 31, 2025 · Revenue $950.82M, +19.7% YoY · Filed Feb 5, 2026
AppFolio, Inc. (APPF) files with the SEC under industry code 7372, Services-Prepackaged Software. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $950.8 million and net income of $140.9 million. Free cash flow was $238.9 million. As of Sep 30, 2026 it held $346.2 million in cash and investments and $29.3 million in total debt.
Revenue (TTM)
$1.09B
+20.0% vs year-ago TTM
Net income (TTM)
$169.86M
-16.6% vs year-ago TTM
Operating cash flow (TTM)
$283.66M
+32.7% vs year-ago TTM
Free cash flow (TTM)
$282.10M
+33.3% vs year-ago TTM
EPS (TTM)
$4.75
-14.9% vs year-ago TTM
Dividend per share
None
Shares outstanding
—
Net cash
$316.95M
as of Sep 30, 2026
Operating margin
18.8%
FY 2026
Company profile
- Industry
- Services-Prepackaged Software (SIC 7372)
- Listed as
- APPF (Nasdaq)
- Fiscal year ends
- December 31
- Headquarters
- Santa Barbara, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1433195
Other Services-Prepackaged Software companies
- Microsoft Corp MSFT
- Palantir Technologies Inc. PLTR
- Oracle Corp ORCL
- Sap SE SAP
- CrowdStrike Holdings, Inc. CRWD
- Shopify Inc. SHOP
- Salesforce, Inc. CRM
- ServiceNow, Inc. NOW
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $950.8M | $794.2M | $620.4M | $471.9M | $359.4M |
| Operating income | $152.9M | $135.6M | $963,000 | -$72.4M | -$11.9M |
| Net income | $140.9M | $204.1M | $2.7M | -$68.1M | $1.0M |
| Diluted EPS | $3.88 | $5.55 | $0.07 | -$1.95 | $0.03 |
| Operating cash flow | $242.1M | $188.2M | $60.3M | $25.4M | $35.4M |
| Free cash flow | $238.9M | $186.1M | $51.2M | $18.8M | $27.3M |
| Total assets | $689.0M | $626.7M | $408.9M | $381.2M | $408.0M |
| Total liabilities | $146.4M | $107.4M | $111.6M | $115.7M | $110.6M |
| Stockholders' equity | $542.6M | $519.3M | $297.3M | $265.5M | $297.4M |
| Cash and investments | $184.0M | $42.5M | $49.5M | $70.8M | $183.5M |
| Total debt | $38.2M | $41.7M | $44.7M | $53.6M | $57.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 22, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 22, 2026 | Oct 22, 2026 |
| 10-Q | Quarterly report | Jul 23, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 23, 2026 | Jul 23, 2026 |
| 8-K/A |
Amended current report
Officer or director change
|
Jul 1, 2026 | Jan 12, 2026 |
| 8-K |
Current report
Officer or director change
|
Jul 1, 2026 | Jun 26, 2026 |
All 946 AppFolio, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.