Appfolio (APPF) Accumulated Expenses (2014 - 2026)
Appfolio (APPF) recorded Accumulated Expenses of $26.99 million in Q2 2026, up 49.1% from $18.1 million a year earlier and up 25.9% from the prior quarter.
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Analysis
Appfolio (APPF) Accumulated Expenses (2014 - 2026) Analysis & Trends
At the end of FY2025, Appfolio reported Accumulated Expenses of $20.83 million, up 42.1% from FY2024.
- Annual Accumulated Expenses has a five-year compound annual growth rate of 8.2% (FY2020 to FY2025).
- Across earlier years, Accumulated Expenses came in at $14.66 million in FY2024 (-32.5%), $21.72 million in FY2023 (+39.2%), $15.6 million in FY2022 (+17.4%) and $13.28 million in FY2021 (-5.6%).
- The Q2 2026 figure is the highest quarterly Accumulated Expenses in data going back to Q4 2014.
- On a year-over-year basis, Accumulated Expenses has increased for six consecutive quarters, with growth averaging 15.6% over the last eight quarters.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 49.1% in Q2 2026, against a decline of 32.5% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $21.44 million (Q1 2026), $20.83 million (Q4 2025) and $19.22 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 46.20 Bn | 18.45 Bn | 695.95 Mn |
| 3 | Samsara | 22.32 Bn | 19.09 Bn | 392.58 Mn |
| 4 | Toast | 16.73 Bn | 9.40 Bn | 516.00 Mn |
| 5 | Ptc | 15.53 Bn | 14.35 Bn | 490.47 Mn |
| 6 | Duolingo | 13.32 Bn | 8.49 Bn | 216.74 Mn |
| 7 | Trimble | 13.32 Bn | 12.38 Bn | 674.90 Mn |
| 8 | Manhattan Associates | 11.58 Bn | 10.58 Bn | 168.33 Mn |
| 9 | Costar | 11.10 Bn | 5.07 Bn | 728.00 Mn |
| 10 | Appfolio | 7.10 Bn | 6.27 Bn | 178.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.99 Mn |
| Mar 31, 2026 | 21.44 Mn |
| Dec 31, 2025 | 20.83 Mn |
| Sep 30, 2025 | 19.22 Mn |
| Jun 30, 2025 | 18.10 Mn |
| Mar 31, 2025 | 15.72 Mn |
| Dec 31, 2024 | 14.66 Mn |
| Sep 30, 2024 | 14.90 Mn |
| Jun 30, 2024 | 16.42 Mn |
| Mar 31, 2024 | 13.53 Mn |
| Dec 31, 2023 | 21.72 Mn |
| Sep 30, 2023 | 19.98 Mn |
| Jun 30, 2023 | 18.56 Mn |
| Mar 31, 2023 | 18.03 Mn |
| Dec 31, 2022 | 15.60 Mn |
| Sep 30, 2022 | 16.16 Mn |
| Jun 30, 2022 | 15.81 Mn |
| Mar 31, 2022 | 14.47 Mn |
| Dec 31, 2021 | 13.28 Mn |
| Sep 30, 2021 | 13.09 Mn |
API Access
Appfolio Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=APPF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "APPF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=APPF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();