What is AppFolio's current ratio?

AppFolio (APPF) reported current ratio of 3.5× in Q1 2026.

How has AppFolio's current ratio changed year-over-year?

AppFolio's current ratio decreased by 24.1% year-over-year, from 4.6× to 3.5×.

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

Over 5 years (2020 to 2025), AppFolio's current ratio has grown at a -3.7% compound annual growth rate (CAGR), from 4× to 3.3×.

What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

AppFolio APPF Current ratio

Current ratio at other companies

ServiceTitan, Inc.TTAN

4.4×-0.4×

Procore TechnologiesPCOR

1.1×-0.1×

APi GroupAPG

1.4×0.0×

Fidelity National Information ServicesFIS

0.6×0.0×

Manhattan AssociatesMANH

1.1×0.0×

SS&C TechnologiesSSNC

1.1×0.0×

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%

CapEx$231.0K+0.4%

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

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Return on equity32.6%-16.5pp

Debt / equity0.1×0.0×

Where this comes from

Calculated from AppFolio’s reported figures.

total current assets/total current liabilities=3.5×

Based on the most recent quarter.

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 current ratio?: AppFolio (APPF) reported current ratio of 3.5× in Q1 2026.
How has AppFolio's current ratio changed year-over-year?: AppFolio's current ratio decreased by 24.1% year-over-year, from 4.6× to 3.5×.
What is the long-term trend for AppFolio's current ratio?: Over 5 years (2020 to 2025), AppFolio's current ratio has grown at a -3.7% compound annual growth rate (CAGR), from 4× to 3.3×.
What does current ratio mean?: Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.