Appfolio (APPF) Gross Margin (2014 - 2026)
Appfolio's quarterly Gross Margin came in at 85.7% in Q1 2026, up 2222.0% year-on-year from 3.69% in Q1 2025, and up 2.24% quarter-over-quarter from 83.82% in Q4 2025.
Appfolio has reported Gross Margin for 13 years, with the latest figure at 85.7% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 2222.0% year-over-year to 85.7%; the trailing twelve-month figure through Mar 2026 stood at 84.89% (up 3091.0% YoY), and the FY2025 full-year result was 84.87%, up 2038.0% from the prior year.
- Gross Margin for Q1 2026 stood at 85.7%, up from 83.82% in the prior quarter.
- The five-year high for Gross Margin was 87.65% in Q3 2024, with the low at 0.61% in Q4 2024.
- Average Gross Margin over 5 years is 63.18%, with a median of 76.33% recorded in 2022.
- Year-over-year, Gross Margin tumbled 12521 bps in 2022 and jumped 8443 bps in 2025.
- Tracing APPF's Gross Margin over 5 years: stood at 7.89% in 2022, then soared by 46 bps to 11.56% in 2023, then sank by 105 bps to 0.61% in 2024, then jumped by 13845 bps to 83.82% in 2025, then rose by 2 bps to 85.7% in 2026.
- The last three Gross Margin figures came in at 85.7% (Q1 2026), 83.82% (Q4 2025), and 85.6% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Appfolio | 5.89 Bn | 5.74 Bn | 224.71 Mn | 85.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 85.70% |
| Dec 31, 2025 | 83.82% |
| Sep 30, 2025 | 85.60% |
| Jun 30, 2025 | 84.39% |
| Mar 31, 2025 | 63.48% |
| Dec 31, 2024 | -0.61% |
| Sep 30, 2024 | 87.65% |
| Jun 30, 2024 | 64.74% |
| Mar 31, 2024 | 65.51% |
| Dec 31, 2023 | 11.56% |
| Sep 30, 2023 | 82.05% |
| Jun 30, 2023 | 60.66% |
| Mar 31, 2023 | 58.70% |
| Dec 31, 2022 | 7.89% |
| Sep 30, 2022 | 79.50% |
| Jun 30, 2022 | 77.02% |
| Mar 31, 2022 | 76.33% |
| Dec 31, 2021 | 133.10% |
| Sep 30, 2021 | 79.79% |
| Jun 30, 2021 | 63.14% |
| Mar 31, 2021 | 79.50% |
| Dec 31, 2020 | -4.80% |
| Sep 30, 2020 | 61.05% |
| Jun 30, 2020 | 83.07% |
| Mar 31, 2020 | 79.99% |
| Dec 31, 2019 | 4.17% |
| Sep 30, 2019 | 81.40% |
| Jun 30, 2019 | 60.51% |
| Mar 31, 2019 | 80.35% |
| Dec 31, 2018 | 140.35% |
| Sep 30, 2018 | 82.68% |
| Jun 30, 2018 | 83.86% |
| Mar 31, 2018 | 82.51% |
| Dec 31, 2017 | 131.77% |
| Sep 30, 2017 | 62.92% |
| Jun 30, 2017 | 61.81% |
| Mar 31, 2017 | 77.88% |
| Dec 31, 2016 | 75.97% |
| Sep 30, 2016 | 75.22% |
| Jun 30, 2016 | 57.21% |
| Mar 31, 2016 | 54.63% |
| Dec 31, 2015 | 53.60% |
| Sep 30, 2015 | 54.38% |
| Jun 30, 2015 | 55.99% |
| Mar 31, 2015 | 63.98% |
| Dec 31, 2014 | 16.51% |
| Sep 30, 2014 | 66.89% |
| Jun 30, 2014 | 67.94% |