Appfolio (APPF) Operating Margin (2014 - 2026)
Appfolio (APPF) posted quarterly Operating Margin of 18.84% for Q2 2026, up 165.0% year-on-year from 7.11% in Q2 2025, and down 2.63% on a QoQ basis from 19.35% in Q1 2026.
Appfolio (APPF) Operating Margin (2014 - 2026) Analysis & Trends
Appfolio (APPF) has reported Operating Margin for 13 consecutive years, with 18.84% the latest figure, recorded in Q2 2026.
- Quarterly Operating Margin rose 165.0% year-over-year to 18.84% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 17.52% (up 131.0% YoY) and the FY2025 annual result came in at 16.08%, down 100.0% from the prior year.
- Operating Margin retreated to 18.84% in Q2 2026 per APPF's latest filing, from 19.35% in the prior quarter.
- Over the last five years, Operating Margin for APPF reached as high as 20.69% in Q3 2024 and fell as low as 25.48% in Q2 2022.
- A 5-year average of 5.87% and a median of 14.79% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin slumped 2677 bps — and 2024, when it surged 3768 bps.
- Year by year, Operating Margin stood at 16.08% in 2022, then surged by 202 bps to 16.43% in 2023, then sank by 31 bps to 11.27% in 2024, then soared by 56 bps to 17.56% in 2025, then climbed by 7 bps to 18.84% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 18.84%, 19.35%, and 17.56% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 12.05% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 14.56% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 21.08% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 4.06% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -22.99% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -23.45% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 29.26% |
| 10 | Appfolio | 5.85 Bn | 5.70 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% |