Appfolio (APPF) Operating Leases (2019 - 2026)

Appfolio (APPF) posted quarterly Operating Leases of $30.7 million for Q2 2026, down 12.85% year-on-year from $35.2 million in Q2 2025, and down 4.13% on a QoQ basis from $32.0 million in Q1 2026.

Appfolio (APPF) Operating Leases (2019 - 2026) Analysis & Trends

Appfolio (APPF) has reported Operating Leases for 8 consecutive years, with $30.7 million the latest figure, recorded in Q2 2026.

  • Quarterly Operating Leases fell 12.85% year-over-year to $30.7 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $30.7 million (down 12.85% YoY) and the FY2025 annual result came in at $33.3 million, down 20.27% from the prior year.
  • Operating Leases slipped to $30.7 million in Q2 2026 per APPF's latest filing, from $32.0 million in the prior quarter.
  • Over the last five years, Operating Leases for APPF reached as high as $57.5 million in Q2 2022 and fell as low as $30.7 million in Q2 2026.
  • A 5-year average of $43.2 million and a median of $43.0 million in 2023 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2022 — Operating Leases surged 37.49% — and 2023, when it fell 25.9%.
  • Year by year, Operating Leases stood at $53.6 million in 2022, then slipped by 16.52% to $44.7 million in 2023, then dropped by 6.69% to $41.7 million in 2024, then slipped by 20.27% to $33.3 million in 2025, then fell by 7.89% to $30.7 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $30.7 million, $32.0 million, and $33.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Appfolio 5.85 Bn 5.70 Bn 178.53 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 30.66 Mn
Mar 31, 2026 31.98 Mn
Dec 31, 2025 33.29 Mn
Sep 30, 2025 34.53 Mn
Jun 30, 2025 35.18 Mn
Mar 31, 2025 36.33 Mn
Dec 31, 2024 41.75 Mn
Sep 30, 2024 41.54 Mn
Jun 30, 2024 43.32 Mn
Mar 31, 2024 44.27 Mn
Dec 31, 2023 44.74 Mn
Sep 30, 2023 44.16 Mn
Jun 30, 2023 42.61 Mn
Mar 31, 2023 48.39 Mn
Dec 31, 2022 53.59 Mn
Sep 30, 2022 57.06 Mn
Jun 30, 2022 57.50 Mn
Mar 31, 2022 56.98 Mn
Dec 31, 2021 57.61 Mn
Sep 30, 2021 58.33 Mn