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

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

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

Appfolio (APPF) has reported Research & Development for 13 consecutive years, with $51.0 million the latest figure, recorded in Q2 2026.

  • Quarterly Research & Development rose 9.26% year-over-year to $51.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $200.6 million (up 15.7% YoY) and the FY2025 annual result came in at $190.4 million, up 18.73% from the prior year.
  • Research & Development grew to $51.0 million in Q2 2026 per APPF's latest filing, from $49.6 million in the prior quarter.
  • Over the last five years, Research & Development for APPF reached as high as $54.0 million in Q3 2025 and fell as low as $24.9 million in Q1 2022.
  • A 5-year average of $39.7 million and a median of $40.1 million in 2024 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2022 — Research & Development jumped 56.19% — and 2024, when it decreased 2.24%.
  • Year by year, Research & Development stood at $31.2 million in 2022, then grew by 11.86% to $34.8 million in 2023, then grew by 21.38% to $42.3 million in 2024, then advanced by 8.64% to $45.9 million in 2025, then gained by 10.98% to $51.0 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $51.0 million, $49.6 million, and $45.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -37.02 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 496.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.33 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 3.77 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.37 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 253.90 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 588.95 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 508.44 Mn
10 Appfolio 5.85 Bn 5.70 Bn 178.53 Mn 51.00 Mn

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