AppFolio, Inc.

APPF Technology Software Application

AppFolio, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $950.8 million, up 19.7% from fiscal 2024.

Revenue
+18.6%
EPS
+38.3%
Free cash flow
+14.5%

Quarter to September 2026, against a year earlier

232.54 4.31 −1.82%
Market cap
$8.3B
P/E
48.8×
Fwd P/E
44.1×
Dividend yield
—
F-score
5/9
Altman Z
37.76
Beneish M
−2.90
Dividend safety
n/a

AppFolio, Inc. (APPF) Debt to equity

Alert me on Debt to equity

AppFolio, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.0×, down 0.0× from fiscal 2025 (0.0×). Over the past ten years it has ranged from 0.0× (fiscal 2025) to 0.5× (fiscal 2018) — the current reading is the lowest in ten years. That is below the Software Application industry median of 0.0× and below the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.4× (32.12%)
FY2018 0.5× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.0× —
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
43 more quarters

Against its own ten years

Low 0.0× High 0.5×
Ten-year median 0.0×
Current reading's percentile 82

Debt to equity against peers

Company Debt to equity
YOU CLEAR Secure, Inc. compare 0.0×
QNT Quantinuum Inc. compare 0.0×
TTAN ServiceTitan Inc. compare 0.0×
APPF AppFolio, Inc. 0.0×
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 0.0×
DUOL Duolingo, Inc. compare 0.1×
PCTY Paylocity Holding Corporation compare 0.1×
IDCC InterDigital, Inc. compare 0.2×
ESTC Elastic N.V. compare 0.4×
Software Application industry median 0.0×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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