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AppFolio APPF Acquisitions

Acquisitions at other companies

ServiceTitan, Inc. logo
ServiceTitan, Inc.TTAN
$4.95M
Procore Technologies logo
Procore TechnologiesPCOR
$158.9M+285%
AvalonBay Communities logo
AvalonBay CommunitiesAVB
$3.61M+50.8%
PAR Technology logo
PAR TechnologyPAR
$275K-93.6%
ROP
Roper Technologies, Inc.ROP
-$55M-103%
LegalZoom.com, Inc. logo
LegalZoom.com, Inc.LZ
$0-100%

Other financials

Income statement

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Revenue$281.1M+19.3%
Gross profit$178.5M+17.6%
Operating income$53.0M+30.8%
Net income$41.5M+15.5%
EPS (diluted)$1.17+18.2%

Balance sheet

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Cash & equivalents$217.7M+195%
Total debt$35.8M-9.8%
Total equity$526.1M+15.5%
Total assets$648.4M+14.3%

Cash flow

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Operating cash flow$87.6M+66.4%
CapEx$231.0K+0.4%
Free cash flow$87.6M+67.3%

Valuation

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Market cap$6.87B-38.6%
Enterprise value$6.69B-40.1%
P/E43.6×-11.5×
P/S6.6×-6.4×

Profitability

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Gross margin63.5%-0.4pp
Operating margin17.5%+1.3pp
Net margin15.1%-8.4pp
FCF margin25.9%+4.6pp

Returns & leverage

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Return on equity32.1%-17.0pp
Debt / equity0.1×0.0×
Current ratio3.8×+0.9×

Where this comes from

Reported directly by AppFolio in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: AppFolio’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001433195-26-000058
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Purchases of property and equipment(228)(505)
Capitalization of software development costs(2,554)(1,478)
Purchases of long-term investments(10,000)(75,000)
Cash paid in business acquisition, net of cash acquired(906)
Net cash provided by investing activities127,022104,559
Cash from financing activities
Proceeds from stock option exercises and the issuance of common stock under the Employee Stock Purchase Plan998128
Tax withholding for net share settlement(14,478)(19,098)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is AppFolio's acquisitions?
AppFolio (APPF) reported acquisitions of $0 in Q2 2026.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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