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) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, AppFolio, Inc. (APPF) trades at a P/S ratio of 7.6×. Over the past ten years it has ranged from 2.1× (July 2015) to 21.8× (June 2020); the current reading is higher than 19% of that period. That is above the Software Application industry median of 3.0× and above the Technology sector median of 2.6×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 8.8× (21.75%)
FY2024 11.3× 15.90%
FY2023 9.7× 22.21%
FY2022 8.0× (31.74%)
FY2021 11.6× (41.45%)
FY2020 19.9× 36.19%
FY2019 14.6× 37.39%
FY2018 10.6× 9.65%
FY2017 9.7× 32.65%
FY2016 7.3× 75.96%

Quarterly newest first

Period P/S ratio Change
Sep 2026 6.5× 19.87%
Jun 2026 5.5× (3.68%)
Mar 2026 5.7× (35.76%)
Dec 2025 8.8× (19.28%)
43 more quarters

Against its own ten years

Low 2.1× High 21.8×
Ten-year median 10.9×
Current reading's percentile 17

P/S ratio against peers

Company P/S ratio
QNT Quantinuum Inc. compare n/m
ESTC Elastic N.V. compare 4.9×
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 5.0×
PCTY Paylocity Holding Corporation compare 5.2×
YOU CLEAR Secure, Inc. compare 5.3×
DUOL Duolingo, Inc. compare 6.2×
TTAN ServiceTitan Inc. compare 7.4×
APPF AppFolio, Inc. 7.6×
IDCC InterDigital, Inc. compare 9.1×
Software Application industry median 3.0×
Technology sector median 2.6×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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