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/Sales

Alert me on EV/Sales

As of 5 November 2026, AppFolio, Inc. (APPF) trades at a EV/Sales of 7.4×. Over the past ten years it has ranged from 1.1× (July 2015) to 21.9× (June 2020); the current reading is higher than 19% of that period. That is above the Software Application industry median of 2.9× and above the Technology sector median of 2.6×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 8.6× (21.61%)
FY2024 11.0× 15.75%
FY2023 9.5× 21.93%
FY2022 7.8× (32.48%)
FY2021 11.6× (41.13%)
FY2020 19.7× 34.26%
FY2019 14.6× 40.60%
FY2018 10.4× 10.30%
FY2017 9.4× 32.04%
FY2016 7.2× 79.52%

Quarterly newest first

Period EV/Sales Change
Sep 2026 6.3× 18.94%
Jun 2026 5.3× (4.88%)
Mar 2026 5.6× (35.19%)
Dec 2025 8.6× (19.93%)
43 more quarters

Against its own ten years

Low 1.1× High 21.9×
Ten-year median 10.7×
Current reading's percentile 16

EV/Sales against peers

Company EV/Sales
QNT Quantinuum Inc. compare n/m
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 3.2×
ESTC Elastic N.V. compare 4.4×
YOU CLEAR Secure, Inc. compare 4.7×
PCTY Paylocity Holding Corporation compare 5.1×
DUOL Duolingo, Inc. compare 5.1×
TTAN ServiceTitan Inc. compare 7.0×
APPF AppFolio, Inc. 7.4×
IDCC InterDigital, Inc. compare 8.1×
Software Application industry median 2.9×
Technology sector median 2.6×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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