APPFOLIO INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $105.6m $143.8m $190.1m $256.0m $310.1m $359.4m $471.9m $620.4m $794.2m $950.8m
Cost of Revenue $44.6m $55.3m $73.5m $101.6m $119.0m $143.9m $191.8m $238.1m $282.1m $345.3m
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization $44.6m $55.3m $73.5m $101.6m $119.0m $143.9m $191.8m $238.1m $282.1m $345.3m
Gross Profit (Calculated) (derived) $61.0m $88.5m $116.5m $154.4m $191.0m $215.4m $280.1m $382.4m $512.1m $605.5m
Operating expenses:
Operating Income (Loss) ($8.4m) $9.3m $19.7m $6.5m $9.8m ($11.9m) ($72.4m) $963k $135.6m $152.9m
Additional Financial Items
Amortization of Intangible Assets $1.4m $1.4m $1.2m $5.3m $4.9m $4.6m $4.4m $2.5m $2.1m $10.2m
Capitalized Computer Software, Amortization $6.2m $9.0m $11.0m $14.0m $17.9m $21.5m $23.6m $19.2m $12.2m $8.2m
Goodwill, Impairment Loss $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($8.2m) $9.8m $20.4m $4.8m $196.8m $1.7m ($66.7m) $8.0m $150.3m $161.1m
Net Income (Loss) Attributable to Parent ($8.3m) $9.7m $20.0m $36.3m $158.4m $1.0m ($68.1m) $2.7m $204.1m $140.9m
Net Income (Loss) Available to Common Stockholders, Basic ($8.3m) $9.7m $20.0m $36.3m $158.4m $1.0m ($68.1m) $2.7m $204.1m $140.9m
Earnings Per Share, Basic ($0.25) $0.29 $0.59 $1.07 $4.62 $0.03 ($1.95) $0.08 $5.63 $3.91
Earnings Per Share, Diluted ($0.25) $0.28 $0.56 $1.02 $4.44 $0.03 ($1.95) $0.07 $5.55 $3.88
Weighted Average Number of Shares Outstanding, Basic 33.8m 34.1m 34.0m 34.3m 34.6m 35.0m 35.6m 36.3m 36.0m
Weighted Average Number of Shares Outstanding, Diluted 35.2m 35.6m 35.6m 35.7m 35.7m 35.0m 36.4m 36.8m 36.3m
Research and Development Expense $12.6m $16.6m $24.1m $39.5m $48.5m $66.0m $111.1m $151.4m $160.4m $190.4m
Selling and Marketing Expense $28.8m $28.7m $33.3m $51.5m $58.4m $73.2m $107.4m $107.6m $110.6m $143.9m
General and Administrative Expense $18.0m $21.2m $24.9m $34.5m $47.5m $57.3m $100.8m $93.5m $86.0m $95.6m
Other Nonoperating Income (Expense) ($37k) ($96k) ($56k) $16k $188.9m $13.1m $4.5m $3k $697k $38k
Cost, Depreciation and Amortization $44.6m $55.3m $73.5m $101.6m $119.0m $143.9m $191.8m $29.0m $19.5m $22.7m
Costs and Expenses $114.0m $134.5m $170.4m $249.6m $300.3m $371.2m $544.3m $619.5m $658.6m $797.9m
Current Income Tax Expense (Benefit) $339k ($15k) $9.4m $366k $2.0m $5.8m $32.8m $2.7m
Income Tax Expense (Benefit) $67k $58k $420k ($31.5m) $38.4m $706k $1.4m $5.3m ($53.7m) $20.2m
Interest Income (Expense), Net $246k $535k $787k ($1.7m) ($1.8m) $501k $1.2m $7.0m
Interest Income (Expense), Nonoperating, Net $14.0m $8.2m