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) Revenue growth

Alert me on Revenue growth

AppFolio, Inc.'s revenue growth over the twelve months to 30 September 2026 was 20.0%, up 0.2 percentage points from fiscal 2025 (19.7%). Over the past ten years it has ranged from 15.9% (fiscal 2021) to 57.3% (fiscal 2015); the current reading is higher than 18% of that period. That is above the Software Application industry median of 12.3% and above the Technology sector median of 11.8%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 19.7% (8.29)
FY2024 28.0% (3.47)
FY2023 31.5% 0.17
FY2022 31.3% 15.41
FY2021 15.9% (5.21)
FY2020 21.1% (13.58)
FY2019 34.7% 2.52
FY2018 32.2% (4.03)
FY2017 36.2% (4.62)
FY2016 40.8% (16.46)

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 18.6% (0.76)
Jun 2026 19.3% (1.11)
Mar 2026 20.5% (1.41)
Dec 2025 21.9% 0.66
43 more quarters

Against its own ten years

Low 15.9% High 57.3%
Ten-year median 31.5%
Current reading's percentile 18

Revenue growth against peers

Company Revenue growth
TTAN ServiceTitan Inc. compare 22.9%
YOU CLEAR Secure, Inc. compare 22.9%
DUOL Duolingo, Inc. compare 22.6%
APPF AppFolio, Inc. 20.0%
ESTC Elastic N.V. compare 16.2%
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 12.2%
PCTY Paylocity Holding Corporation compare 11.0%
IDCC InterDigital, Inc. compare −12.0%
QNT Quantinuum Inc. compare —
Software Application industry median 12.3%
Technology sector median 11.8%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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