AppFolio Inc (APPF) stock
APPFNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 22, 2026Score 15/3021% above fair value
$222.80−2.05 (-0.91%)
Close on Nov 12, 2026Market cap $7.90BP/E 47.0Yield –
AppFolio gross margin
Gross margin is gross profit as a percentage of revenue.
AppFolio's gross margin for the twelve months ending Sep 30, 2026 was 63.8%. For fiscal 2025 it was 63.7%, against 64.5% the year before. The highest annual figure on record is 64.5% in fiscal 2024.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 63.7% | −0.8 |
| FY2024 | Dec 31, 2024 | 64.5% | +2.9 |
| FY2023 | Dec 31, 2023 | 61.6% | +2.3 |
| FY2022 | Dec 31, 2022 | 59.3% | −0.6 |
| FY2021 | Dec 31, 2021 | 59.9% | −1.7 |
| FY2020 | Dec 31, 2020 | 61.6% | +1.3 |
| FY2019 | Dec 31, 2019 | 60.3% | −1.0 |
| FY2018 | Dec 31, 2018 | 61.3% | −0.3 |
| FY2017 | Dec 31, 2017 | 61.6% | +3.8 |
| FY2016 | Dec 31, 2016 | 57.7% | +2.9 |
| FY2015 | Dec 31, 2015 | 54.8% | +2.1 |
| FY2014 | Dec 31, 2014 | 52.7% | +4.0 |
| FY2013 | Dec 31, 2013 | 48.7% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 64.3% | +1.0 |
| Q2 FY2026 | Jun 30, 2026 | 63.5% | −0.9 |
| Q1 FY2026 | Mar 31, 2026 | 63.8% | +0.3 |
| Q4 FY2025 | Dec 31, 2025 | 63.5% | +0.9 |
| Q3 FY2025 | Sep 30, 2025 | 63.3% | −1.9 |
| Q2 FY2025 | Jun 30, 2025 | 64.4% | −0.3 |
| Q1 FY2025 | Mar 31, 2025 | 63.5% | −2.0 |
| Q4 FY2024 | Dec 31, 2024 | 62.6% | −1.7 |
| Q3 FY2024 | Sep 30, 2024 | 65.2% | +3.1 |
| Q2 FY2024 | Jun 30, 2024 | 64.7% | +4.1 |
| Q1 FY2024 | Mar 31, 2024 | 65.5% | +6.8 |
| Q4 FY2023 | Dec 31, 2023 | 64.3% | +4.9 |
| Q3 FY2023 | Sep 30, 2023 | 62.1% | +2.6 |
| Q2 FY2023 | Jun 30, 2023 | 60.7% | +1.0 |
| Q1 FY2023 | Mar 31, 2023 | 58.7% | −0.1 |
| Q4 FY2022 | Dec 31, 2022 | 59.4% | +0.3 |
| Q3 FY2022 | Sep 30, 2022 | 59.5% | −0.1 |
| Q2 FY2022 | Jun 30, 2022 | 59.6% | −3.5 |
| Q1 FY2022 | Mar 31, 2022 | 58.8% | +1.0 |
| Q4 FY2021 | Dec 31, 2021 | 59.1% | +0.4 |
| Q3 FY2021 | Sep 30, 2021 | 59.6% | −1.5 |
| Q2 FY2021 | Jun 30, 2021 | 63.1% | −3.0 |
| Q1 FY2021 | Mar 31, 2021 | 57.8% | −2.2 |
| Q4 FY2020 | Dec 31, 2020 | 58.7% | −2.1 |
| Q3 FY2020 | Sep 30, 2020 | 61.0% | −0.8 |
| Q2 FY2020 | Jun 30, 2020 | 66.2% | +5.7 |
| Q1 FY2020 | Mar 31, 2020 | 60.1% | +2.4 |
| Q4 FY2019 | Dec 31, 2019 | 60.8% | +0.4 |
| Q3 FY2019 | Sep 30, 2019 | 61.8% | +0.3 |
| Q2 FY2019 | Jun 30, 2019 | 60.5% | −2.0 |
| Q1 FY2019 | Mar 31, 2019 | 57.6% | −3.1 |
| Q4 FY2018 | Dec 31, 2018 | 60.4% | −1.2 |
| Q3 FY2018 | Sep 30, 2018 | 61.5% | −1.4 |
| Q2 FY2018 | Jun 30, 2018 | 62.5% | +0.7 |
| Q1 FY2018 | Mar 31, 2018 | 60.8% | +1.2 |
| Q4 FY2017 | Dec 31, 2017 | 61.6% | +1.8 |
| Q3 FY2017 | Sep 30, 2017 | 62.9% | – |
| Q2 FY2017 | Jun 30, 2017 | 61.8% | – |
| Q1 FY2017 | Mar 31, 2017 | 59.6% | – |
| Q4 FY2016 | Dec 31, 2016 | 59.9% | – |
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