Appfolio Income Statement (2014-2026)

Reported Financials

Appfolio Quarterly Income Statement

Periods 50 quarters

Latest Sep 2026

Appfolio reported revenue of $295.69M and net income of $45.98M for the quarter ended Sep 2026, up 18.6% year over year. This income statement covers 50 quarters of results from Jun 2014 through Sep 2026, standardized by Business Quant from the company’s SEC filings.

Income StatementIncome Statement	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025	Mar2026	Jun2026	Sep2026
Revenue & cost
Revenue	95.60M	105.30M	117.45M	125.08M	124.06M	136.10M	147.08M	165.44M	171.83M	187.43M	197.38M	205.73M	203.66M	217.70M	235.58M	249.35M	248.19M	262.21M	281.12M	295.69M
Cost of RevenueCost of Rev	39.10M	43.35M	47.43M	50.71M	50.34M	56.21M	57.85M	62.74M	61.28M	64.65M	69.60M	71.63M	76.19M	79.50M	83.83M	91.48M	90.54M	94.98M	102.60M	105.58M
Gross Profit	56.50M	61.95M	70.02M	74.37M	73.72M	79.89M	89.22M	102.70M	110.56M	122.78M	127.77M	134.10M	127.48M	138.20M	151.75M	157.88M	157.65M	167.24M	178.53M	190.11M
Operating items
Research & DevelopmentR&D	19.59M	24.32M	26.69M	28.96M	31.15M	37.66M	37.26M	41.59M	34.85M	37.90M	39.52M	40.66M	42.30M	43.76M	46.67M	54.04M	45.95M	49.63M	51.00M	53.13M
Selling, General & AdministrativeSG&A	16.31M	18.96M	37.95M	19.35M	24.53M	31.69M	18.82M	23.91M	19.04M	21.13M	20.25M	21.14M	23.45M	23.35M	21.94M	27.45M	22.86M	24.34M	25.63M	25.95M
Other Operating ExpensesOther Opex	67.04M	76.68M	82.75M	84.59M	88.32M	93.28M	91.67M	100.01M	89.71M	94.31M	101.57M	101.36M	114.96M	116.81M	126.45M	132.82M	135.81M	137.50M	151.52M	159.20M
Operating ExpensesOpex	102.94M	119.97M	147.38M	132.90M	144.01M	162.63M	147.75M	165.51M	143.59M	153.34M	161.35M	163.17M	180.71M	183.92M	195.06M	214.31M	204.62M	211.47M	228.15M	238.28M
Operating IncomeOp. Inc	-7.34M	-14.67M	-29.93M	-7.82M	-19.95M	-26.53M	-0.68M	-0.07M	28.24M	34.09M	36.03M	42.57M	22.96M	33.78M	40.51M	35.05M	43.58M	50.75M	52.98M	57.41M
Non-operating items
Other Non Operating IncomeOther Non Op Inc.	12.41M	-0.01M	0.05M	4.22M	0.21M	0.02M	-0.05M	-0.25M	0.29M				0.70M	0.06M	-0.01M	0.00M	0.00M	0.57M	0.00M	0.00M
Net income details
EBIT	-7.34M	-14.67M	-29.93M	-7.82M	-19.95M	-26.53M	-0.68M	-0.07M	28.24M	34.09M	36.03M	42.57M	22.96M	33.78M	40.51M	35.05M	43.58M	50.75M	52.98M	57.41M
EBT	5.39M	-14.57M	-29.73M	-3.22M	-19.19M	-25.15M	0.75M	1.47M	30.93M	37.08M	39.50M	46.58M	27.15M	36.79M	41.97M	36.73M	45.62M	53.10M	54.41M	59.61M
Tax ProvisionsTaxes	6.72M	-0.29M	0.24M	0.94M	0.51M	9.96M	19.65M	-24.97M	0.66M	-1.58M	9.84M	13.58M	-75.58M	5.41M	5.99M	3.09M	5.71M	10.70M	12.90M	13.64M
Income After Tax	-1.33M	-14.29M	-29.97M	-4.16M	-19.70M	-35.11M	-18.90M	26.45M	30.27M	38.66M	29.67M	33.01M	102.73M	31.38M	35.98M	33.65M	39.91M	42.40M	41.51M	45.98M
Income from Continuing OperationsIncome (Continuing)	-1.33M	-14.29M	-29.97M	-4.16M	-19.70M	-35.11M	-18.90M	26.45M	30.27M	38.66M	29.67M	33.01M	102.73M	31.38M	35.98M	33.65M	39.91M	42.40M	41.51M	45.98M
Consolidated Net IncomeConsol Net Inc.	-1.33M	-14.29M	-29.97M	-4.16M	-19.70M	-35.11M	-18.90M	26.45M	30.27M	38.66M	29.67M	33.01M	102.73M	31.38M	35.98M	33.65M	39.91M	42.40M	41.51M	45.98M
Income towards Parent CompanyParent Net Inc	-1.33M	-14.29M	-29.97M	-4.16M	-19.70M	-35.11M	-18.90M	26.45M	30.27M	38.66M	29.67M	33.01M	102.73M	31.38M	35.98M	33.65M	39.91M	42.42M	41.54M	45.98M
Net Income towards Common StockholdersNet Income	-1.33M	-14.29M	-29.97M	-4.16M	-19.70M	-35.11M	-18.90M	26.45M	30.27M	38.66M	29.67M	33.01M	102.73M	31.38M	35.98M	33.65M	39.91M	42.42M	41.54M	45.98M
Additional items
EPS (Basic)	-0.04	-0.41	-0.86	-0.12	-0.56	-0.99	-0.53	0.74	0.85	1.07	0.82	0.91	2.83	0.86	1.00	0.94	1.11	1.19	1.17	1.30
EPS (Diluted)	-0.04	-0.41	-0.86	-0.12	-0.56	-0.99	-0.53	0.72	0.83	1.05	0.81	0.90	2.79	0.86	0.99	0.93	1.10	1.18	1.17	1.29
Shares Outstanding	34.58M	34.84M	34.93M	35.04M	35.01M	35.44M	35.57M	35.69M	35.63M	36.09M	36.24M	36.31M	36.25M	36.30M	35.92M	35.89M	36.01M	35.70M	35.39M	35.44M
Shares Outstanding (Diluted)Shares Outstanding (Dil.)	35.70M	34.84M	34.93M	35.04M	35.01M	35.44M	35.57M	36.48M	36.42M	36.67M	36.74M	36.76M	36.78M	36.65M	36.20M	36.26M	36.33M	35.81M	35.46M	35.58M
Shares Outstanding (Entity)Shares Outstanding (Entity.)	34.58M	34.84M	34.93M	35.04M	35.01M	35.44M	35.57M	35.69M	35.63M	36.09M	36.24M	36.31M	36.25M	36.30M	35.92M	35.89M	36.01M	35.70M	35.39M	35.44M
EBITDA	0.15M	-6.79M	-22.17M	-0.16M	-12.43M	-19.59M	5.52M	6.91M	37.11M	41.80M	43.20M	49.39M	30.79M	42.76M	49.06M	43.28M	51.60M	58.97M	61.26M	65.81M
Tax Rate	124.68%						2,637.05%		2.14%		24.91%	29.14%		14.70%	14.27%	8.40%	12.51%	20.15%	23.71%	22.87%

Appfolio Income Statement API

Pull Appfolio's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/statements?ticker=APPF&statement=IS&frequency=Quarter&period=all&api_key=YOUR_API_KEY

import requests

url = "https://data.businessquant.com/statements"
params = {"ticker": "APPF", "statement": "IS", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}

data = requests.get(url, params=params).json()

const res = await fetch("https://data.businessquant.com/statements?ticker=APPF&statement=IS&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();

API documentation

Appfolio APPF Income Statement (2014-2026)

Appfolio Quarterly Income Statement

Appfolio Income Statement API

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