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AppFolio APPF Debt-to-equity

Debt-to-equity at other companies

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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
Current ratio3.5×-1.1×

Where this comes from

Calculated from AppFolio’s reported figures.

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 debt-to-equity?
AppFolio (APPF) reported debt-to-equity of 0.1× in Q1 2026.
How has AppFolio's debt-to-equity changed year-over-year?
AppFolio's debt-to-equity decreased by 10.8% year-over-year, from 0.1× to 0.1×.
What is the long-term trend for AppFolio's debt-to-equity?
Over 5 years (2020 to 2025), AppFolio's debt-to-equity has grown at a -13.7% compound annual growth rate (CAGR), from 0.1× to 0.1×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.