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

Appfolio has reported Cost of Revenue for 13 years, with the latest figure at $37.5 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 52.83% year-over-year to $37.5 million; the trailing twelve-month figure through Mar 2026 stood at $150.3 million (down 60.37% YoY), and the FY2025 full-year result was $143.9 million, down 48.98% from the prior year.
• Cost of Revenue for Q1 2026 stood at $37.5 million, down from $40.2 million in the prior quarter.
• The five-year high for Cost of Revenue was $204.9 million in Q4 2024, with the low at $24.9 million in Q1 2022.
• Average Cost of Revenue over 5 years is $63.6 million, with a median of $40.2 million recorded in 2025.
• Year-over-year, Cost of Revenue jumped 461.07% in 2022 and sank 80.4% in 2025.
• Tracing APPF's Cost of Revenue over 5 years: stood at $114.3 million in 2022, then surged by 33.0% to $152.0 million in 2023, then soared by 34.83% to $204.9 million in 2024, then slumped by 80.4% to $40.2 million in 2025, then decreased by 6.62% to $37.5 million in 2026.
• The last three Cost of Revenue figures came in at $37.5 million (Q1 2026), $40.2 million (Q4 2025), and $35.9 million (Q3 2025), per Business Quant data.

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