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 r&d expenses
Research and development expenses are spending on new products and technology.
AppFolio's R&D Expenses for the twelve months ending Sep 30, 2026 was $199.70M, up 6.9% year over year. For fiscal 2025 it was $190.42M, up 18.7% from the year before. Over ten years it grew 34.9% a year on average. The highest annual figure on record is $190.42M in fiscal 2025.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $190.42M | +18.7% |
| FY2024 | Dec 31, 2024 | $160.38M | +6.0% |
| FY2023 | Dec 31, 2023 | $151.36M | +36.2% |
| FY2022 | Dec 31, 2022 | $111.12M | +68.4% |
| FY2021 | Dec 31, 2021 | $65.98M | +36.0% |
| FY2020 | Dec 31, 2020 | $48.53M | +22.8% |
| FY2019 | Dec 31, 2019 | $39.51M | +63.9% |
| FY2018 | Dec 31, 2018 | $24.11M | +45.4% |
| FY2017 | Dec 31, 2017 | $16.58M | +31.2% |
| FY2016 | Dec 31, 2016 | $12.64M | +32.3% |
| FY2015 | Dec 31, 2015 | $9.55M | +46.9% |
| FY2014 | Dec 31, 2014 | $6.51M | +28.6% |
| FY2013 | Dec 31, 2013 | $5.06M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $53.13M | -1.7% |
| Q2 FY2026 | Jun 30, 2026 | $51.00M | +9.3% |
| Q1 FY2026 | Mar 31, 2026 | $49.63M | +13.4% |
| Q4 FY2025 | Dec 31, 2025 | $45.95M | +8.6% |
| Q3 FY2025 | Sep 30, 2025 | $54.04M | +32.9% |
| Q2 FY2025 | Jun 30, 2025 | $46.67M | +18.1% |
| Q1 FY2025 | Mar 31, 2025 | $43.76M | +15.5% |
| Q4 FY2024 | Dec 31, 2024 | $42.30M | +21.4% |
| Q3 FY2024 | Sep 30, 2024 | $40.66M | -2.2% |
| Q2 FY2024 | Jun 30, 2024 | $39.52M | +6.1% |
| Q1 FY2024 | Mar 31, 2024 | $37.90M | +0.6% |
| Q4 FY2023 | Dec 31, 2023 | $34.85M | +11.9% |
| Q3 FY2023 | Sep 30, 2023 | $41.59M | +43.6% |
| Q2 FY2023 | Jun 30, 2023 | $37.26M | +39.6% |
| Q1 FY2023 | Mar 31, 2023 | $37.66M | +54.9% |
| Q4 FY2022 | Dec 31, 2022 | $31.15M | +59.0% |
| Q3 FY2022 | Sep 30, 2022 | $28.96M | +75.5% |
| Q2 FY2022 | Jun 30, 2022 | $26.69M | +72.1% |
| Q1 FY2022 | Mar 31, 2022 | $24.32M | +69.1% |
| Q4 FY2021 | Dec 31, 2021 | $19.59M | +66.9% |
| Q3 FY2021 | Sep 30, 2021 | $16.50M | +22.6% |
| Q2 FY2021 | Jun 30, 2021 | $15.51M | +27.9% |
| Q1 FY2021 | Mar 31, 2021 | $14.38M | +28.3% |
| Q4 FY2020 | Dec 31, 2020 | $11.74M | +5.9% |
| Q3 FY2020 | Sep 30, 2020 | $13.45M | +26.9% |
| Q2 FY2020 | Jun 30, 2020 | $12.13M | +29.9% |
| Q1 FY2020 | Mar 31, 2020 | $11.21M | +32.2% |
| Q4 FY2019 | Dec 31, 2019 | $11.09M | +68.3% |
| Q3 FY2019 | Sep 30, 2019 | $10.60M | +64.6% |
| Q2 FY2019 | Jun 30, 2019 | $9.34M | +62.4% |
| Q1 FY2019 | Mar 31, 2019 | $8.48M | +59.0% |
| Q4 FY2018 | Dec 31, 2018 | $6.59M | +43.8% |
| Q3 FY2018 | Sep 30, 2018 | $6.44M | +47.5% |
| Q2 FY2018 | Jun 30, 2018 | $5.75M | +43.7% |
| Q1 FY2018 | Mar 31, 2018 | $5.33M | +47.0% |
| Q4 FY2017 | Dec 31, 2017 | $4.58M | +47.4% |
| Q3 FY2017 | Sep 30, 2017 | $4.37M | – |
| Q2 FY2017 | Jun 30, 2017 | $4.00M | – |
| Q1 FY2017 | Mar 31, 2017 | $3.63M | – |
| Q4 FY2016 | Dec 31, 2016 | $3.11M | – |
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