Appfolio (APPF) Operating Income (2014 - 2026)
Appfolio (APPF) posted Operating Income of $57.41 million for Q3 2026, up 63.8% from $35.05 million a year earlier and up 8.4% from the prior quarter.
Appfolio (APPF) Operating Income (2014 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Operating Income at Appfolio was $204.71 million, up 54.7% year-over-year; for FY2025, it came in at $152.92 million, up 12.7% from FY2024.
- Annual Operating Income shows a five-year compound annual growth rate of 73.3% (FY2020 to FY2025).
- In prior years, Appfolio's Operating Income was $135.64 million in FY2024, $963,000 in FY2023, -$72.37 million in FY2022 and -$11.88 million in FY2021.
- The Q3 2026 figure stands as the highest quarterly Operating Income in data going back to Q2 2014.
- On a year-over-year basis, Operating Income has increased in each of the last four quarters, with growth averaging 26.2% over the last eight quarters.
- The strongest year-over-year quarter for Operating Income in the past five years was Q4 2025, with growth of 89.8%; the weakest was Q4 2024, with a decline of 18.7%.
- According to Business Quant data, Operating Income for the three prior quarters was $52.98 million (Q2 2026), $50.75 million (Q1 2026) and $43.58 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | -178,646.00 |
| 2 | Veeva Systems | 49.39 Bn | 21.63 Bn | 695.95 Mn | 275.02 Mn |
| 3 | Samsara | 23.96 Bn | 20.73 Bn | 392.58 Mn | 4.88 Mn |
| 4 | Ptc | 22.37 Bn | 21.18 Bn | 490.47 Mn | 166.51 Mn |
| 5 | Toast | 20.05 Bn | 12.69 Bn | 543.00 Mn | 165.00 Mn |
| 6 | Manhattan Associates | 14.85 Bn | 13.91 Bn | 174.30 Mn | 81.00 Mn |
| 7 | Bentley Systems | 13.89 Bn | 13.37 Bn | 349.55 Mn | 122.62 Mn |
| 8 | Trimble | 12.57 Bn | 11.65 Bn | 659.10 Mn | 142.00 Mn |
| 9 | Costar | 12.28 Bn | 7.66 Bn | 741.00 Mn | 84.00 Mn |
| 10 | Appfolio | 8.17 Bn | 7.24 Bn | 190.11 Mn | 57.41 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 57.41 Mn |
| Jun 30, 2026 | 52.98 Mn |
| Mar 31, 2026 | 50.75 Mn |
| Dec 31, 2025 | 43.58 Mn |
| Sep 30, 2025 | 35.05 Mn |
| Jun 30, 2025 | 40.51 Mn |
| Mar 31, 2025 | 33.78 Mn |
| Dec 31, 2024 | 22.96 Mn |
| Sep 30, 2024 | 42.57 Mn |
| Jun 30, 2024 | 36.03 Mn |
| Mar 31, 2024 | 34.09 Mn |
| Dec 31, 2023 | 28.24 Mn |
| Sep 30, 2023 | -67,000.00 |
| Jun 30, 2023 | -679,000.00 |
| Mar 31, 2023 | -26.53 Mn |
| Dec 31, 2022 | -19.95 Mn |
| Sep 30, 2022 | -7.82 Mn |
| Jun 30, 2022 | -29.93 Mn |
| Mar 31, 2022 | -14.67 Mn |
| Dec 31, 2021 | -7.34 Mn |
Appfolio Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=APPF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "APPF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=APPF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();