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AppFolio APPF Pre-Tax Income

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Income from operations52,97740,512103,72574,295
Other (loss) income, net(1)(11)56845
Interest income, net1,4351,4663,2194,419
Income before provision for income taxes54,41141,967107,51278,759
Provision for income taxes12,8675,98723,54411,396
Net income$41,544$35,980$83,968$67,363
Net income per common share:
Basic$1.17$1.00$2.36$1.87

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is AppFolio's pre-tax income?
AppFolio (APPF) reported pre-tax income of $54.41M in Q2 2026.
How has AppFolio's pre-tax income changed year-over-year?
AppFolio's pre-tax income increased by 29.7% year-over-year, from $41.97M to $54.41M.
What is the long-term trend for AppFolio's pre-tax income?
Over 4 years (2021 to 2025), AppFolio's pre-tax income has grown at a 210.5% compound annual growth rate (CAGR), from $1.73M to $161.11M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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