What is AppFolio's operating lease liabilities?

AppFolio (APPF) reported operating lease liabilities of -$1.18M in Q1 2026.

How has AppFolio's operating lease liabilities changed year-over-year?

AppFolio's operating lease liabilities decreased by 12.3% year-over-year, from -$1.05M to -$1.18M.

What is the long-term trend for AppFolio's operating lease liabilities?

Over 3 years (2021 to 2025), AppFolio's operating lease liabilities has grown at a 49.8% compound annual growth rate (CAGR), from $1.27M to -$4.26M.

AppFolio APPF Operating lease liabilities

Operating lease liabilities at other companies

ServiceTitan, Inc.TTAN

——

Procore TechnologiesPCOR

——

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$34.3M-10.8%

CapEx$231.0K+0.4%

Free cash flow$34.1M-10.9%

Valuation

See full

Market cap$5.36B-29.0%

Enterprise value$5.25B-30.3%

P/E35.3×-3.1×

P/S5.4×-3.8×

Profitability

See full

Gross margin63.7%-0.2pp

Operating margin17.1%+0.7pp

Net margin15.3%-8.6pp

FCF margin23.6%+1.4pp

Returns & leverage

See full

Return on equity32.6%-16.5pp

Debt / equity0.1×0.0×

Current ratio3.5×-1.1×

Where this comes from

Reported directly by AppFolio in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOperatingLeaseLiability.

The official record: AppFolio’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

Ask your AI about AppFolio's operating lease liabilities.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is AppFolio's operating lease liabilities?: AppFolio (APPF) reported operating lease liabilities of -$1.18M in Q1 2026.
How has AppFolio's operating lease liabilities changed year-over-year?: AppFolio's operating lease liabilities decreased by 12.3% year-over-year, from -$1.05M to -$1.18M.
What is the long-term trend for AppFolio's operating lease liabilities?: Over 3 years (2021 to 2025), AppFolio's operating lease liabilities has grown at a 49.8% compound annual growth rate (CAGR), from $1.27M to -$4.26M.