Name: AppFolio, Inc. (APPF) Financial Statements
Creator: FinSpry

AppFolio Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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AppFolio, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	950.82	794.20	620.45	471.88	359.37	310.06	256.01	190.07
Cost of Revenue	345.34	301.61	238.08	191.83	143.94	119.03	101.64	73.55
Gross Profit	605.48	492.59	382.37	280.06	215.43	191.03	154.37	116.52
Operating Expenses
Research & Development	190.42	160.38	151.36	111.12	65.98	48.53	39.51	24.11
Selling, General & Administrative	239.49	196.57	201.05	208.19	130.48	105.93	86.01	58.18
Operating Expenses	452.56	356.95	381.41	352.43	227.30	181.24	147.91	96.87
Operating Income	152.92	135.64	0.96	-72.37	-11.88	9.78	6.46	19.66
Other Income/Expense
Interest Income	8.16	13.98	7.03	1.18	0.50	0.00	0.00	0.00
Interest Expense	0.00	0.00	0.00	0.00	0.00	-1.85	0.00	0.00
Other Income/Expense	0.04	14.68	0.00	4.47	-13.11	-188.90	-0.02	-0.06
Income
Income Before Tax	161.11	150.32	8.00	-66.72	1.73	196.83	4.82	20.39
Income Tax Expense	20.19	-53.75	5.30	1.40	0.71	38.43	-31.50	0.42
Net Income	140.92	204.07	2.70	-68.12	1.03	158.40	36.28	19.97
Net Income - Continuous Operations	140.92	204.07	2.70	-68.12	1.03	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	175.57	169.87	29.95	-38.36	20.35	38.99	33.00	34.23
EBIT	152.92	150.32	0.96	-72.37	-11.88	9.78	6.48	19.66
Depreciation & Amortization	22.65	19.55	7.30	33.12	30.85	26.79	22.40	14.58
Earnings Per Share
Basic EPS	4.00	6.00	-	-2.00	-	5.00	1.00	1.00
Diluted EPS	4.00	6.00	-	-2.00	-	4.00	1.00	1.00
Basic Shares Outstanding	36.01	36.25	35.63	35.01	34.58	34.26	34.02	34.13
Diluted Shares Outstanding	36.33	36.78	36.42	35.01	35.70	35.71	35.57	35.56