Appfolio APPF
NASDAQ APPF
$214.28 -9.29 (-4.16%)
At close: Sep 4, 2026 · 4:00 PM EDT

Appfolio (APPF) Research & Development (2014 - 2026)

Appfolio (APPF) posted Research & Development of $51.0 million for Q2 2026, up 2.76% on a QoQ basis from $49.6 million in Q1 2026, and up 9.26% year-over-year from $46.7 million in Q2 2025.

Analysis

Appfolio (APPF) Research & Development (2014 - 2026) Analysis & Trends

Appfolio has reported Research & Development for 13 years, with the latest figure at $51.0 million in Q2 2026.

  • On a quarterly basis, Research & Development rose 9.26% year-over-year to $51.0 million in Q2 2026; TTM through Jun 2026 was $200.6 million, a 15.7% increase from a year earlier, with the FY2025 full-year figure at $190.4 million, up 18.73% from the prior year.
  • Research & Development was $51.0 million for Q2 2026 at Appfolio, up from $49.6 million in the prior quarter.
  • The five-year high for Research & Development was $54.0 million in Q3 2025, with the low at $24.9 million in Q1 2022.
  • Average Research & Development over 5 years is $39.7 million, with a median of $40.1 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Research & Development jumped 56.19% in 2022, then decreased 2.24% in 2024.
  • Over 5 years, Research & Development stood at $31.2 million in 2022, then climbed by 11.86% to $34.8 million in 2023, then climbed by 21.38% to $42.3 million in 2024, then gained by 8.64% to $45.9 million in 2025, then rose by 10.98% to $51.0 million in 2026.
  • The last three Research & Development figures came in at $51.0 million (Q2 2026), $49.6 million (Q1 2026), and $45.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Costar 12.52 Bn 11.27 Bn 728.00 Mn 395.00 Mn
2 Zillow 7.78 Bn 7.10 Bn 562.00 Mn 249.00 Mn
3 Appfolio 7.58 Bn 7.36 Bn 178.53 Mn 51.00 Mn
4 Fangdd Network 3.79 Bn 3.69 Bn - -
5 SmartRent 256.76 Mn 164.10 Mn 16.22 Mn 5.58 Mn
6 DeFi Development 179.51 Mn 173.23 Mn 3.29 Mn 120,000.00
7 3 E Network Technology 619,891.97 -278,983.03 - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 51.00 Mn
Mar 31, 2026 49.63 Mn
Dec 31, 2025 45.95 Mn
Sep 30, 2025 54.04 Mn
Jun 30, 2025 46.67 Mn
Mar 31, 2025 43.76 Mn
Dec 31, 2024 42.30 Mn
Sep 30, 2024 40.66 Mn
Jun 30, 2024 39.52 Mn
Mar 31, 2024 37.90 Mn
Dec 31, 2023 34.85 Mn
Sep 30, 2023 41.59 Mn
Jun 30, 2023 37.26 Mn
Mar 31, 2023 37.66 Mn
Dec 31, 2022 31.15 Mn
Sep 30, 2022 28.96 Mn
Jun 30, 2022 27.00 Mn
Mar 31, 2022 24.92 Mn
Dec 31, 2021 19.95 Mn
Sep 30, 2021 19.36 Mn