APPFOLIO INC(APPF)— Stock Profile, AI Score & Financials
Technology · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
APPFOLIO INC (APPF) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores APPF at 71.6/100 on a 32-signal composite quality model, placing it at rank #179 of 2,960 stocks — the top 10% of the AI-ranked universe. APPF scores in the top quartile across balance sheet strength (97.7), institutional flow (90.7), revenue growth (82.1). Shareholder dilution risk is elevated at 20.0/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), APPFOLIO INC reports quarterly revenue of $281.1M, net income of $41.5M, an operating margin of 18.8%. Top institutional holders of APPF by reported 13-F value include BlackRock, PRINCIPAL FINANCIAL GROUP, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. APPF trades on the Nasdaq exchange and files with the SEC under CIK 1433195. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate APPF daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for APPFOLIO INC directly from SEC EDGAR.
AI Quality Score
71.6/100
AI Rank
#179
Revenue
$281.1M
Net Income
$41.5M
Free Cash Flow
$87.6M
Operating Margin
18.8%
APPF key financials by period
APPFOLIO INC reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$950.8M
$140.9M
16.1%
FY 2024
10-K
$794.2M
$204.1M
17.1%
FY 2023
10-K
$620.4M
$2.7M
0.2%
FY 2022
10-K
$471.9M
$-68.1M
-15.3%
FY 2021
10-K
$359.4M
$1.0M
-3.3%
FY 2020
10-K
$310.1M
$158.4M
3.2%
Institutions holding APPF
Institutional investors reporting a position in APPFOLIO INC on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-07-23 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
AppFolio grew Q2 FY2026 revenue 19% YoY to $281.1M, driven by Value Added Services (+22% YoY), while GAAP operating margin expanded to 18.8% from 17.2%.
Biggest Revenue Drivers
Value Added Services$219.5M+22% YoY
Increased usage of payments, tenant screening, and risk mitigation services as units under management grew 8% YoY
Subscription Services$59.8M+14% YoY
Growth in property management units under management drove Subscription Services users
Biggest Revenue Drivers
Total revenue: $281.1M+19% YoY
Value Added Services$219.5M+22% YoY
Increased usage of payments, tenant screening, and risk mitigation services as units under management grew 8% YoY
Subscription Services$59.8M+14% YoY
Growth in property management units under management drove Subscription Services users
Other$1.9M-37% YoY
Largest Expense Items
Cost of revenue (exclusive of D&A)$102.6M+22% YoY
Higher third-party service provider costs of $15.6M due to increased Value Added Services adoption and usage
Research and product development$51.0M+9% YoY
$3.5M increase in personnel-related costs including stock-based compensation, driven by headcount growth
Sales and marketing$43.9M+19% YoY
$5.2M increase in personnel-related costs, including stock-based and performance-based compensation
General and administrative$25.6M+17% YoY
$2.4M increase in software and professional fees
Margins: GAAP operating margin rose to 18.8% from 17.2% and non-GAAP operating margin rose to 27.1% from 26.2%, as revenue growth outpaced increases in cost of revenue and operating expenses.
Watch Items from the Filing
Effective tax rate jumped to 23.7% from 14.3% YoY, primarily due to higher pre-tax income and a decrease in excess tax benefits from stock-based compensation.
Revenue is generated primarily from customers in the United States, indicating limited geographic diversification.
Committed to a minimum of $219.3M in cloud computing vendor spend through 2031, of which $36.2M is short-term.
Operates as a single reportable segment with the CEO as CODM using consolidated net income as the sole measure of performance, limiting segment-level visibility.
$125.0M remains available under the 2025 Stock Repurchase Program, but no shares were repurchased in Q2 2026 after $125.0M repurchased in Q1 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
