Income Statement

APPFOLIO INC

APPF
Annual
Performance Overview Click any row in the table to add it to this chart
in millions USD
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY Dec 31, 2018 2018 FY Dec 31, 2017 2017 FY Dec 31, 2016 2016 FY Dec 31, 2015 2015 FY
Revenue
950.82 794.20 620.45 471.88 359.37 310.10 256.01 190.07 143.80 105.59 74.98
Cost of Revenue
- - - - 143.94 119.03 101.64 73.79 55.28 44.63 33.90
Gross Profit
950.82 794.20 620.45 471.88 215.43 191.07 154.37 116.29 88.52 60.96 41.07
Operating Expenses
286.01 246.35 244.82 211.91 123.26 96.01 73.99 49.00 37.78 30.62 23.90
Research & Development
190.42 160.38 151.36 111.12 65.98 48.53 39.51 24.11 16.58 12.64 9.55
Selling, General & Administrative
143.90 110.60 107.60 107.40 73.20 58.45 51.53 37.30 28.71 28.83 26.08
Other Operating Expenses
- - - - - - - - - - -
Operating Income
664.81 547.85 375.63 259.97 92.17 95.06 80.38 67.28 50.74 30.34 17.18
Non-Operating Income
503.70 397.53 367.63 326.69 90.43 -101.77 75.56 46.90 40.97 38.55 32.77
Interest Income
- - - - - - - - - - -
Interest Expense
- - - - - - - - - - 0.80
Other Non-Op Income / Expense
0.04 0.70 0.00 4.47 13.11 188.90 0.02 -0.06 -0.10 -0.04 0.01
Income Before Tax
161.11 150.32 8.00 -66.72 1.73 196.83 4.82 20.39 9.77 -8.21 -15.59
Income Tax Expense
20.19 -53.75 5.30 1.40 0.71 38.43 -31.46 0.42 0.06 0.07 0.08
Non-Controlling Interest
- - - - - - - - - - -
Net Income
140.92 204.07 2.70 -68.12 1.03 158.40 36.28 19.97 9.72 -8.28 -15.67
Supplemental Per share data, derived & other items — not part of the income statement
in millions USD unless noted
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY Dec 31, 2018 2018 FY Dec 31, 2017 2017 FY Dec 31, 2016 2016 FY Dec 31, 2015 2015 FY
Depreciation & Amortization
- - - - - - - - - - -
EBITDA
687.46 565.64 402.13 293.09 123.01 121.85 102.78 81.86 63.44 40.27 23.28
Earnings Per Share (Basic)
3.91 5.63 0.08 -1.95 0.03 4.62 1.07 0.59 0.29 - -
Diluted EPS
3.88 5.55 0.07 -1.95 0.03 4.44 1.02 0.56 0.28 - -
Weighted Average Shares
36.01 36.25 35.63 35.01 34.58 34.26 34.02 34.13 33.85 - -
Diluted Weighted Avg Shares
36.33 36.78 36.42 35.01 35.70 35.71 35.57 35.56 35.15 - -
Comprehensive Income
140.78 204.14 4.49 -69.61 0.78 158.43 36.49 20.00 9.56 -8.18 -15.82