Appfolio (APPF) Research & Development (2014 - 2026)
Appfolio (APPF) posted quarterly Research & Development of $51.0 million for Q2 2026, up 9.26% year-over-year from $46.7 million in Q2 2025, and up 2.76% quarter-over-quarter from $49.6 million in Q1 2026.
Appfolio (APPF) Research & Development (2014 - 2026) Analysis & Trends
Appfolio's Research & Development history runs 13 years deep, the most recent figure standing at $51.0 million for Q2 2026.
- In Q2 2026, Research & Development rose 9.26% year-over-year to $51.0 million; the TTM figure through Jun 2026 stood at $200.6 million (up 15.7% YoY), while the FY2025 annual figure was $190.4 million, up 18.73% from the prior year.
- Research & Development for Q2 2026 stood at $51.0 million, 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.
- The 5-year median for Research & Development is $40.1 million (2024), against an average of $39.7 million.
- The sharpest annual moves came in 2022 and 2024: Research & Development surged 56.19% in 2022, then fell 2.24% in 2024.
- Appfolio's Research & Development stood at $31.2 million in 2022, then gained by 11.86% to $34.8 million in 2023, then gained by 21.38% to $42.3 million in 2024, then increased by 8.64% to $45.9 million in 2025, then grew by 10.98% to $51.0 million in 2026.
- Business Quant data shows APPF's Research & Development at $51.0 million in Q2 2026, $49.6 million in Q1 2026, and $45.9 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Appfolio | 7.23 Bn | 7.01 Bn | 178.53 Mn | 51.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |