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AppFolio APPF Sale of investments

Sale of investments at other companies

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CalixCALX
$39.62M+249%
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Procore TechnologiesPCOR
$106.73M
LegalZoom.com, Inc. logo
LegalZoom.com, Inc.LZ
$110K

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$7.07B-29.8%
Enterprise value$6.89B-31.4%
P/E44.9×-4.7×
P/S6.8×-4.9×

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:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt.

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

Filed
Apr 23, 2026, 4:09 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001433195-26-000023
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Net cash provided by operating activities34,29838,465
Cash from investing activities
Purchases of available-for-sale investments(42,663)(62,302)
Proceeds from sales of available-for-sale investments140,154102,718
Proceeds from maturities of available-for-sale investments42,36042,150
Purchases of property and equipment(231)(230)
Capitalization of software development costs(1,304)(636)
Cash paid in business acquisition, net of cash acquired(906)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is AppFolio's sale of investments?
AppFolio (APPF) reported sale of investments of $140.15M in Q1 2026.
How has AppFolio's sale of investments changed year-over-year?
AppFolio's sale of investments increased by 36.4% year-over-year, from $102.72M to $140.15M.
What is the long-term trend for AppFolio's sale of investments?
Over 2 years (2021 to 2024), AppFolio's sale of investments has grown at a -51.9% compound annual growth rate (CAGR), from $43.2M to $9.98M.
What does sale of investments mean?
This represents cash inflows from the sale of marketable securities, such as corporate bonds or government debt, classified as available-for-sale. It reflects the company's active management of its liquid investment portfolio.

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