Appfolio (APPF) Operating Margin (2014 - 2026)
Appfolio (APPF) posted quarterly Operating Margin of 18.84% for Q2 2026, up 165.0% year-over-year from 7.11% in Q2 2025, and down 2.63% quarter-over-quarter from 19.35% in Q1 2026.
Appfolio (APPF) Operating Margin (2014 - 2026) Analysis & Trends
Appfolio's Operating Margin history runs 13 years deep, the most recent figure standing at 18.84% for Q2 2026.
- In Q2 2026, Operating Margin rose 165.0% year-over-year to 18.84%; the TTM figure through Jun 2026 stood at 17.52% (up 131.0% YoY), while the FY2025 annual figure was 16.08%, down 100.0% from the prior year.
- Operating Margin for Q2 2026 stood at 18.84%, down from 19.35% in the prior quarter.
- The five-year high for Operating Margin was 20.69% in Q3 2024, with the low at 25.48% in Q2 2022.
- The 5-year median for Operating Margin is 14.79% (2025), against an average of 5.87%.
- The sharpest annual moves came in 2022 and 2024: Operating Margin slumped 2677 bps in 2022, then soared 3768 bps in 2024.
- Appfolio's Operating Margin stood at 16.08% in 2022, then surged by 202 bps to 16.43% in 2023, then plunged by 31 bps to 11.27% in 2024, then soared by 56 bps to 17.56% in 2025, then rose by 7 bps to 18.84% in 2026.
- Business Quant data shows APPF's Operating Margin at 18.84% in Q2 2026, 19.35% in Q1 2026, and 17.56% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 27.70% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 13.62% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 21.08% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 13.32% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 4.06% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -23.45% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -33.33% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 33.82% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 46.97% |
| 10 | Appfolio | 7.23 Bn | 7.01 Bn | 178.53 Mn | 18.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.84% |
| Mar 31, 2026 | 19.35% |
| Dec 31, 2025 | 17.56% |
| Sep 30, 2025 | 14.05% |
| Jun 30, 2025 | 17.20% |
| Mar 31, 2025 | 15.52% |
| Dec 31, 2024 | 11.27% |
| Sep 30, 2024 | 20.69% |
| Jun 30, 2024 | 18.25% |
| Mar 31, 2024 | 18.19% |
| Dec 31, 2023 | 16.43% |
| Sep 30, 2023 | -0.04% |
| Jun 30, 2023 | -0.46% |
| Mar 31, 2023 | -19.49% |
| Dec 31, 2022 | -16.08% |
| Sep 30, 2022 | -6.25% |
| Jun 30, 2022 | -25.48% |
| Mar 31, 2022 | -13.93% |
| Dec 31, 2021 | -7.68% |
| Sep 30, 2021 | -0.01% |