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Appfolio (APPF) Operating Expenses (2016 - 2025)

Appfolio's Operating Expenses history spans 12 years, with the latest figure at $204.6 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 13.23% year-over-year to $204.6 million; the TTM value through Dec 2025 reached $797.9 million, up 21.16%, while the annual FY2025 figure was $797.9 million, 21.16% up from the prior year.
  • Operating Expenses reached $204.6 million in Q4 2025 per APPF's latest filing, down from $214.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $214.3 million in Q3 2025 to a low of $84.6 million in Q1 2021.
  • Average Operating Expenses over 5 years is $149.6 million, with a median of $150.5 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: surged 67.68% in 2022, then decreased 5.71% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $102.9 million in 2021, then soared by 39.89% to $144.0 million in 2022, then decreased by 0.29% to $143.6 million in 2023, then rose by 25.85% to $180.7 million in 2024, then grew by 13.23% to $204.6 million in 2025.
  • Per Business Quant, the three most recent readings for APPF's Operating Expenses are $204.6 million (Q4 2025), $214.3 million (Q3 2025), and $195.1 million (Q2 2025).