Appfolio (APPF) Shares Outstanding (Diluted) (2015 - 2026)
Appfolio (APPF) reported Weighted Average Shares Outstanding (Diluted) of 35.58 million for Q3 2026, down 1.9% from 36.26 million a year earlier but up 0.3% from the prior quarter.
Appfolio (APPF) Shares Outstanding (Diluted) (2015 - 2026) Analysis & Trends
For FY2025, Appfolio posted Weighted Average Shares Outstanding (Diluted) of 36.33 million, down 1.2% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has a five-year compound annual growth rate of 0.3% (FY2020 to FY2025).
- By year, Weighted Average Shares Outstanding (Diluted) came in at 36.78 million in FY2024 (+1.0%), 36.42 million in FY2023 (+4.0%), 35.01 million in FY2022 (-1.9%) and 35.7 million in FY2021 (unchanged).
- Five-year quarterly Weighted Average Shares Outstanding (Diluted) spans a low of 34.84 million in Q1 2022 and a high of 36.78 million in Q4 2024.
- Year over year, Weighted Average Shares Outstanding (Diluted) has now declined in each of the last seven quarters, with an average decline of 1.2% over the last eight quarters.
- The high point for year-over-year Weighted Average Shares Outstanding (Diluted) in five years was Q3 2023 (growth of 4.1%); the low point was Q1 2022 (a decline of 2.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 35.46 million (Q2 2026), 35.81 million (Q1 2026) and 36.33 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 49.39 Bn | 21.63 Bn | 695.95 Mn | 165.06 Mn |
| 3 | Samsara | 23.96 Bn | 20.73 Bn | 392.58 Mn | 590.46 Mn |
| 4 | Ptc | 22.37 Bn | 21.18 Bn | 490.47 Mn | 114.98 Mn |
| 5 | Toast | 20.05 Bn | 12.69 Bn | 543.00 Mn | 592.00 Mn |
| 6 | Manhattan Associates | 14.85 Bn | 13.91 Bn | 174.30 Mn | 59.00 Mn |
| 7 | Bentley Systems | 13.89 Bn | 13.37 Bn | 349.55 Mn | 317.69 Mn |
| 8 | Trimble | 12.57 Bn | 11.65 Bn | 659.10 Mn | 233.20 Mn |
| 9 | Costar | 12.28 Bn | 7.66 Bn | 741.00 Mn | 401.90 Mn |
| 10 | Appfolio | 8.17 Bn | 7.24 Bn | 190.11 Mn | 35.58 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 35.58 Mn |
| Jun 30, 2026 | 35.46 Mn |
| Mar 31, 2026 | 35.81 Mn |
| Dec 31, 2025 | 36.33 Mn |
| Sep 30, 2025 | 36.26 Mn |
| Jun 30, 2025 | 36.20 Mn |
| Mar 31, 2025 | 36.65 Mn |
| Dec 31, 2024 | 36.78 Mn |
| Sep 30, 2024 | 36.76 Mn |
| Jun 30, 2024 | 36.74 Mn |
| Mar 31, 2024 | 36.67 Mn |
| Dec 31, 2023 | 36.42 Mn |
| Sep 30, 2023 | 36.48 Mn |
| Jun 30, 2023 | 35.57 Mn |
| Mar 31, 2023 | 35.44 Mn |
| Dec 31, 2022 | 35.01 Mn |
| Sep 30, 2022 | 35.04 Mn |
| Jun 30, 2022 | 34.93 Mn |
| Mar 31, 2022 | 34.84 Mn |
| Dec 31, 2021 | 35.70 Mn |
Appfolio Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=APPF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "APPF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=APPF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();