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APPFOLIO INC
Nasdaq · CIK 1433195
Last close202.97
Daily change-1.27 (-0.62%)
10 Years gain+983.66%
Dividends TTM0
Dividend yield0.00%
Fundamental Analysis
APPF · STANDARD
SIC 7372 · Services-Prepackaged Software · Fiscal year end 1231
Fundamental
92.0Momentum
46.6Acceleration
53.3Confidence
83.0Annual Revenue13
Quarterly Revenue38
Annual CFO13
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth23.0 / 25
Quality21.6 / 25
Capital Efficiency20.0 / 20
Balance Sheet15.0 / 15
Shareholder Economics7.8 / 10
Forward Indicators0.0 / 5
Signals
ROIC expansionROIC improved by 2.681 percentage points.
Net debt reductionNet debt declined versus the comparison period.
Share count reductionDiluted share count declined 3.2389%.
High quality compounderMulti-year growth, ROIC, FCF, margins, and dilution are strong.
Warnings
Receivables anomaly · MEDIUMAccounts receivable growth is materially above revenue growth.
Possible growth trap · HIGHRevenue growth is high, but quality indicators are deteriorating.
Key Metrics
Revenue Growth TTM27.22%OK
Revenue CAGR 3Y26.31%OK
Gross Margin61.67%OK
Operating Margin17.44%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROIC38.37%OK
Incremental Operating Margin 3Y35.89%OK
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Y-3.24%OK
SBC / Revenuen/aMISSING
SBC / FCFn/aNOT_MEANINGFUL
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $950.82M | $582.83M | $152.92M | $242.11M | $238.95M | 61.3% | 16.08% | 25.13% | 29.32% | 36.33M |
| 2025 FY Dec 31, 2024 | $794.20M | $492.59M | $135.64M | $188.16M | $186.14M | 62.02% | 17.08% | 23.44% | 24.34% | 36.78M |
| 2025 FY Dec 31, 2023 | $620.45M | $353.38M | $963,000.00 | $60.28M | $51.24M | 56.96% | 0.16% | 8.26% | 0.28% | 36.42M |
| 2024 FY Dec 31, 2022 | $471.88M | $246.94M | -$72.37M | $25.37M | $18.83M | 52.33% | -15.34% | 3.99% | -30.93% | 35.01M |
| 2023 FY Dec 31, 2021 | $359.37M | $184.58M | -$11.88M | $35.39M | $27.29M | 51.36% | -3.31% | 7.59% | n/a | 35.7M |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $1.03B | sum latest 4 fiscal quarters Revenue | OK | 0001433195-26-000058, 0001433195-25-000142 |
| Revenue Growth TTM | 27.22% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0001433195-26-000058, 0001433195-25-000142 |
| Revenue CAGR 3Y | 26.31% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0001433195-26-000011 |
| Revenue CAGR 5Y | 25.12% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0001433195-26-000011 |
| Gross Profit CAGR 3Y | 33.14% | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | OK | 0001433195-26-000011 |
| Operating Income Growth | 22.4% | OperatingIncome_current / OperatingIncome_prior_year - 1 | OK | 0001433195-26-000058, 0001433195-25-000142 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Margin | 61.67% | Gross Profit / Revenue | OK | 0001433195-26-000058, 0001433195-25-000142 |
| Operating Margin | 17.44% | Operating Income / Revenue | OK | 0001433195-26-000058, 0001433195-25-000142 |
| ROIC | 38.37% | NOPAT / Average Invested Capital | OK | 0001433195-26-000058, 0001433195-25-000142 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0001433195-26-000058 |
| Current Ratio | 3.83x | Current Assets / Current Liabilities | OK | derived |
| Revenue per Diluted Share | $29.00 | Revenue / Diluted Shares | OK | 0001433195-26-000058, 0001433195-25-000142 |
| SBC / FCF | n/a | SBC / FCF | NOT_MEANINGFUL | derived |