Appfolio (APPF) Cost of Revenue (2014 - 2026)

Appfolio (APPF) posted quarterly Cost of Revenue of $102.6 million for Q2 2026, up 22.39% year-on-year from $83.8 million in Q2 2025, and up 8.02% on a QoQ basis from $95.0 million in Q1 2026.

Appfolio (APPF) Cost of Revenue (2014 - 2026) Analysis & Trends

Appfolio (APPF) has reported Cost of Revenue for 13 consecutive years, with $102.6 million the latest figure, recorded in Q2 2026.

  • Quarterly Cost of Revenue rose 22.39% year-over-year to $102.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $379.6 million (up 22.0% YoY) and the FY2025 annual result came in at $345.3 million, up 22.43% from the prior year.
  • Cost of Revenue rose to $102.6 million in Q2 2026 per APPF's latest filing, from $95.0 million in the prior quarter.
  • Over the last five years, Cost of Revenue for APPF reached as high as $102.6 million in Q2 2026 and fell as low as $43.3 million in Q1 2022.
  • A 5-year average of $69.7 million and a median of $67.1 million in 2024 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2022 — Cost of Revenue surged 44.52% — and 2024, when it rose 14.17%.
  • Year by year, Cost of Revenue stood at $50.3 million in 2022, then advanced by 21.72% to $61.3 million in 2023, then grew by 24.34% to $76.2 million in 2024, then grew by 18.84% to $90.5 million in 2025, then grew by 13.31% to $102.6 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $102.6 million, $95.0 million, and $90.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn - -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn 1.62 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn 3.07 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn 715.00 Mn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn 464.50 Mn
10 Appfolio 5.99 Bn 5.77 Bn 178.53 Mn 102.60 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 102.60 Mn
Jun 30, 2026 102.60 Mn
Mar 31, 2026 94.98 Mn
Mar 31, 2026 94.98 Mn
Dec 31, 2025 90.54 Mn
Dec 31, 2025 90.54 Mn
Sep 30, 2025 91.48 Mn
Sep 30, 2025 91.48 Mn
Jun 30, 2025 83.83 Mn
Jun 30, 2025 83.83 Mn
Mar 31, 2025 79.50 Mn
Mar 31, 2025 79.50 Mn
Dec 31, 2024 76.19 Mn
Dec 31, 2024 76.19 Mn
Sep 30, 2024 71.63 Mn
Sep 30, 2024 71.63 Mn
Jun 30, 2024 69.60 Mn
Jun 30, 2024 69.60 Mn
Mar 31, 2024 64.65 Mn
Mar 31, 2024 64.65 Mn