Appfolio (APPF) Operating Expenses (2014 - 2026)
Appfolio's quarterly Operating Expenses came in at $211.5 million in Q1 2026, up 14.98% year-on-year from $183.9 million in Q1 2025, and up 3.35% quarter-over-quarter from $204.6 million in Q4 2025.
Appfolio has reported Operating Expenses for 13 years, with the latest figure at $211.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 14.98% year-over-year to $211.5 million; the trailing twelve-month figure through Mar 2026 stood at $825.5 million (up 19.78% YoY), and the FY2025 full-year result was $797.9 million, up 21.16% from the prior year.
- Operating Expenses for Q1 2026 stood at $211.5 million, up from $204.6 million in the prior quarter.
- The five-year high for Operating Expenses was $214.3 million in Q3 2025, with the low at $120.0 million in Q1 2022.
- Average Operating Expenses over 5 years is $166.6 million, with a median of $162.6 million recorded in 2023.
- Year-over-year, Operating Expenses soared 67.68% in 2022 and slipped 5.71% in 2024.
- Tracing APPF's Operating Expenses over 5 years: stood at $144.0 million in 2022, then decreased by 0.29% to $143.6 million in 2023, then climbed by 25.85% to $180.7 million in 2024, then grew by 13.23% to $204.6 million in 2025, then advanced by 3.35% to $211.5 million in 2026.
- The last three Operating Expenses figures came in at $211.5 million (Q1 2026), $204.6 million (Q4 2025), and $214.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | Appfolio | 5.89 Bn | 5.74 Bn | 224.71 Mn | 211.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 211.47 Mn |
| Dec 31, 2025 | 204.62 Mn |
| Sep 30, 2025 | 214.31 Mn |
| Jun 30, 2025 | 195.06 Mn |
| Mar 31, 2025 | 183.92 Mn |
| Dec 31, 2024 | 180.71 Mn |
| Sep 30, 2024 | 163.17 Mn |
| Jun 30, 2024 | 161.35 Mn |
| Mar 31, 2024 | 153.34 Mn |
| Dec 31, 2023 | 143.59 Mn |
| Sep 30, 2023 | 165.51 Mn |
| Jun 30, 2023 | 147.75 Mn |
| Mar 31, 2023 | 162.63 Mn |
| Dec 31, 2022 | 144.01 Mn |
| Sep 30, 2022 | 132.90 Mn |
| Jun 30, 2022 | 147.38 Mn |
| Mar 31, 2022 | 119.97 Mn |
| Dec 31, 2021 | 102.94 Mn |
| Sep 30, 2021 | 95.82 Mn |
| Jun 30, 2021 | 87.89 Mn |
| Mar 31, 2021 | 84.59 Mn |
| Dec 31, 2020 | 75.18 Mn |
| Sep 30, 2020 | 80.73 Mn |
| Jun 30, 2020 | 74.70 Mn |
| Mar 31, 2020 | 69.67 Mn |
| Dec 31, 2019 | 67.27 Mn |
| Sep 30, 2019 | 63.80 Mn |
| Jun 30, 2019 | 61.33 Mn |
| Mar 31, 2019 | 57.15 Mn |
| Dec 31, 2018 | 47.67 Mn |
| Sep 30, 2018 | 44.65 Mn |
| Jun 30, 2018 | 39.93 Mn |
| Mar 31, 2018 | 38.17 Mn |
| Dec 31, 2017 | 35.51 Mn |
| Sep 30, 2017 | 34.32 Mn |
| Jun 30, 2017 | 33.11 Mn |
| Mar 31, 2017 | 31.53 Mn |
| Dec 31, 2016 | 29.30 Mn |
| Sep 30, 2016 | 29.37 Mn |
| Jun 30, 2016 | 28.55 Mn |
| Mar 31, 2016 | 26.79 Mn |
| Dec 31, 2015 | 24.37 Mn |
| Sep 30, 2015 | 24.62 Mn |
| Jun 30, 2015 | 21.64 Mn |
| Mar 31, 2015 | 19.36 Mn |
| Dec 31, 2014 | 17.79 Mn |
| Sep 30, 2014 | 14.30 Mn |
| Jun 30, 2014 | 13.11 Mn |