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AppFolio APPF Net 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%
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:NetIncomeLoss.

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
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
Diluted$1.17$0.99$2.36$1.85
Weighted average common shares outstanding:

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is AppFolio's net income?
AppFolio (APPF) reported net income of $41.54M in Q2 2026.
How has AppFolio's net income changed year-over-year?
AppFolio's net income increased by 15.5% year-over-year, from $35.98M to $41.54M.
What is the long-term trend for AppFolio's net income?
Over 3 years (2022 to 2025), AppFolio's net income has grown at a 27.4% compound annual growth rate (CAGR), from -$68.12M to $140.92M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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