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) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, AppFolio, Inc. (APPF) trades at a EV/EBITDA of 33.5×. Over the past ten years it has ranged from 0.0× (December 2023) to 575× (March 2017); the current reading is higher than 32% of that period. That is above the Software Application industry median of 15.5× and above the Technology sector median of 14.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 43.5× (16.93%)
FY2024 52.4× (63.14%)
FY2023 142× —
FY2022 0.0× —
FY2021 204× 30.72%
FY2020 156× 34.40%
FY2019 116× 101.14%
FY2018 57.8× (6.16%)
FY2017 61.6× (87.15%)
FY2016 480× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 28.7× 12.52%
Jun 2026 25.5× (6.13%)
Mar 2026 27.2× (37.53%)
Dec 2025 43.5× (25.34%)
43 more quarters

Against its own ten years

Low 0.0× High 575×
Ten-year median 61.1×
Current reading's percentile 32

EV/EBITDA against peers

Company EV/EBITDA
QNT Quantinuum Inc. compare n/m
TTAN ServiceTitan Inc. compare n/m
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 9.3×
IDCC InterDigital, Inc. compare 14.8×
YOU CLEAR Secure, Inc. compare 17.8×
PCTY Paylocity Holding Corporation compare 20.1×
APPF AppFolio, Inc. 33.5×
DUOL Duolingo, Inc. compare 37.6×
ESTC Elastic N.V. compare 97.6×
Software Application industry median 15.5×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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