What is AppFolio's capex?

AppFolio (APPF) reported capex of $231K in Q1 2026.

How has AppFolio's capex changed year-over-year?

AppFolio's capex increased by 0.4% year-over-year, from $230K to $231K.

What is the long-term trend for AppFolio's capex?

Over 4 years (2021 to 2025), AppFolio's capex has grown at a -21.0% compound annual growth rate (CAGR), from $8.1M to $3.16M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

AppFolio APPF CapEx

CapEx at other companies

ServiceTitan, Inc.TTAN

$596K-53.9%

Procore TechnologiesPCOR

$2.93M-27.4%

AvalonBay CommunitiesAVB

$59.45M+22.9%

First American FinancialFAF

$38.3M-8.2%

APi GroupAPG

$18M+50.0%

Equity Lifestyle PropertiesELS

$45.29M+0.2%

Other financials

Income statement

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Revenue$262.2M+20.4%

Gross profit$167.2M+21.0%

Operating income$50.7M+50.2%

Net income$42.4M+35.2%

EPS (diluted)$1.18+37.2%

Balance sheet

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Cash & equivalents$147.7M+158%

Total debt$37.0M-9.1%

Total equity$470.2M+1.8%

Total assets$580.6M+2.8%

Cash flow

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Operating cash flow$34.3M-10.8%

Free cash flow$34.1M-10.9%

Valuation

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Market cap$5.36B-29.0%

Profitability

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Gross margin63.7%-0.2pp

Operating margin17.1%+0.7pp

Net margin15.3%-8.6pp

FCF margin23.6%+1.4pp

Returns & leverage

See full

Return on equity32.6%-16.5pp

Debt / equity0.1×0.0×

Current ratio3.5×-1.1×

Where this comes from

Reported directly by AppFolio in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: AppFolio’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AppFolio's capex?: AppFolio (APPF) reported capex of $231K in Q1 2026.
How has AppFolio's capex changed year-over-year?: AppFolio's capex increased by 0.4% year-over-year, from $230K to $231K.
What is the long-term trend for AppFolio's capex?: Over 4 years (2021 to 2025), AppFolio's capex has grown at a -21.0% compound annual growth rate (CAGR), from $8.1M to $3.16M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.