Appfolio (APPF) Net Margin (2014 - 2026)
Appfolio (APPF) recorded quarterly Net Margin of 16.17% in Q1 2026, up 0.55% quarter-over-quarter from 16.08% in Q4 2025, and up 175.0% on a YoY basis from 5.88% in Q1 2025.
Appfolio (APPF) Net Margin (2014 - 2026) Analysis & Trends
Appfolio's Net Margin history runs 13 years deep, the most recent figure standing at 16.17% for Q1 2026.
- In Q1 2026, Net Margin rose 175.0% year-over-year to 16.17%; the TTM figure through Mar 2026 stood at 15.26% (down 860.0% YoY), while the FY2025 annual figure was 14.82%, down 1087.0% from the prior year.
- Net Margin was 16.17% for Q1 2026 at Appfolio, up from 16.08% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 50.44% in Q4 2024 to a low of 25.8% in Q1 2023.
- Historically, Net Margin has averaged 6.72% across 5 years, with a median of 15.03% in 2024.
- The sharpest annual moves came in 2024 and 2025: Net Margin surged 4643 bps in 2024, then plunged 3436 bps in 2025.
- A 5-year view of Net Margin shows it stood at 15.88% in 2022, then jumped by 211 bps to 17.62% in 2023, then soared by 186 bps to 50.44% in 2024, then slumped by 68 bps to 16.08% in 2025, then advanced by 1 bps to 16.17% in 2026.
- The last three Net Margin figures came in at 16.17% (Q1 2026), 16.08% (Q4 2025), and 13.49% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | Appfolio | 5.66 Bn | 5.50 Bn | 224.71 Mn | 16.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.17% |
| Dec 31, 2025 | 16.08% |
| Sep 30, 2025 | 13.49% |
| Jun 30, 2025 | 15.27% |
| Mar 31, 2025 | 14.42% |
| Dec 31, 2024 | 50.44% |
| Sep 30, 2024 | 16.04% |
| Jun 30, 2024 | 15.03% |
| Mar 31, 2024 | 20.63% |
| Dec 31, 2023 | 17.62% |
| Sep 30, 2023 | 15.98% |
| Jun 30, 2023 | -12.85% |
| Mar 31, 2023 | -25.80% |
| Dec 31, 2022 | -15.88% |
| Sep 30, 2022 | -3.33% |
| Jun 30, 2022 | -25.52% |
| Mar 31, 2022 | -13.57% |
| Dec 31, 2021 | -1.39% |
| Sep 30, 2021 | -0.15% |
| Jun 30, 2021 | 2.27% |