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| Date | Value |
|---|---|
| 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 |