Appfolio (APPF) Cost of Revenue (2014 - 2026)
Appfolio (APPF) posted Cost of Revenue of $102.6 million for Q2 2026, up 8.02% on a QoQ basis from $95.0 million in Q1 2026, and up 22.39% year-over-year from $83.8 million in Q2 2025.
Analysis
Appfolio (APPF) Cost of Revenue (2014 - 2026) Analysis & Trends
Appfolio has reported Cost of Revenue for 13 years, with the latest figure at $102.6 million in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 22.39% year-over-year to $102.6 million in Q2 2026; TTM through Jun 2026 was $379.6 million, a 22.0% increase from a year earlier, with the FY2025 full-year figure at $345.3 million, up 22.43% from the prior year.
- Cost of Revenue was $102.6 million for Q2 2026 at Appfolio, up from $95.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $102.6 million in Q2 2026, with the low at $43.3 million in Q1 2022.
- Average Cost of Revenue over 5 years is $69.7 million, with a median of $67.1 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue surged 44.52% in 2022, then rose 14.17% in 2024.
- Over 5 years, Cost of Revenue stood at $50.3 million in 2022, then gained by 21.72% to $61.3 million in 2023, then climbed by 24.34% to $76.2 million in 2024, then climbed by 18.84% to $90.5 million in 2025, then climbed by 13.31% to $102.6 million in 2026.
- The last three Cost of Revenue figures came in at $102.6 million (Q2 2026), $95.0 million (Q1 2026), and $90.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Costar | 12.52 Bn | 11.27 Bn | 728.00 Mn | 220.00 Mn |
| 2 | Zillow | 7.78 Bn | 7.10 Bn | 562.00 Mn | 210.00 Mn |
| 3 | Appfolio | 7.58 Bn | 7.36 Bn | 178.53 Mn | 102.60 Mn |
| 4 | Fangdd Network | 3.79 Bn | 3.69 Bn | - | - |
| 5 | SmartRent | 256.76 Mn | 164.10 Mn | 16.22 Mn | 23.62 Mn |
| 6 | DeFi Development | 179.51 Mn | 173.23 Mn | 3.29 Mn | 21,000.00 |
| 7 | 3 E Network Technology | 619,891.97 | -278,983.03 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 102.60 Mn |
| Mar 31, 2026 | 94.98 Mn |
| Dec 31, 2025 | 90.54 Mn |
| Sep 30, 2025 | 91.48 Mn |
| Jun 30, 2025 | 83.83 Mn |
| Mar 31, 2025 | 79.50 Mn |
| Dec 31, 2024 | 76.19 Mn |
| Sep 30, 2024 | 71.63 Mn |
| Jun 30, 2024 | 69.60 Mn |
| Mar 31, 2024 | 64.65 Mn |
| Dec 31, 2023 | 61.28 Mn |
| Sep 30, 2023 | 62.74 Mn |
| Jun 30, 2023 | 57.85 Mn |
| Mar 31, 2023 | 56.21 Mn |
| Dec 31, 2022 | 50.34 Mn |
| Sep 30, 2022 | 50.71 Mn |
| Jun 30, 2022 | 47.43 Mn |
| Mar 31, 2022 | 43.35 Mn |
| Dec 31, 2021 | 39.10 Mn |
| Sep 30, 2021 | 38.73 Mn |