What is AppFolio's quick ratio?

AppFolio (APPF) reported quick ratio of 3.5× in Q1 2026.

How has AppFolio's quick ratio changed year-over-year?

AppFolio's quick ratio decreased by 24.1% year-over-year, from 4.6× to 3.5×.

What is the long-term trend for AppFolio's quick ratio?

Over 5 years (2020 to 2025), AppFolio's quick ratio has grown at a -3.7% compound annual growth rate (CAGR), from 4× to 3.3×.

What does quick ratio mean?

Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.

AppFolio APPF Quick ratio

Quick ratio at other companies

ServiceTitan, Inc.TTAN

4.4×-0.4×

Fidelity National Information ServicesFIS

0.6×0.0×

Procore TechnologiesPCOR

1.1×-0.1×

APi GroupAPG

1.4×0.0×

Manhattan AssociatesMANH

1.1×0.0×

SS&C TechnologiesSSNC

1.1×0.0×

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

Calculated from AppFolio’s reported figures.

quick assets/total current liabilities=3.5×

Based on the most recent quarter.

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

Ask your AI about AppFolio's quick ratio.

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

Connect your AI

Claude

Questions, answered.

What is AppFolio's quick ratio?: AppFolio (APPF) reported quick ratio of 3.5× in Q1 2026.
How has AppFolio's quick ratio changed year-over-year?: AppFolio's quick ratio decreased by 24.1% year-over-year, from 4.6× to 3.5×.
What is the long-term trend for AppFolio's quick ratio?: Over 5 years (2020 to 2025), AppFolio's quick ratio has grown at a -3.7% compound annual growth rate (CAGR), from 4× to 3.3×.
What does quick ratio mean?: Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.