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AppFolio APPF Total costs & expenses

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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:CostsAndExpenses.

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
Research and product development(1)50,99746,674100,62690,432
General and administrative(1)25,62621,93649,96745,287
Depreciation and amortization4,9855,85010,00512,105
Total costs and operating expenses228,147195,063439,613378,982
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

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is AppFolio's total costs & expenses?
AppFolio (APPF) reported total costs & expenses of $228.15M in Q2 2026.
How has AppFolio's total costs & expenses changed year-over-year?
AppFolio's total costs & expenses increased by 17.0% year-over-year, from $195.06M to $228.15M.
What is the long-term trend for AppFolio's total costs & expenses?
Over 4 years (2021 to 2025), AppFolio's total costs & expenses has grown at a 21.1% compound annual growth rate (CAGR), from $371.25M to $797.91M.
What does total costs & expenses mean?
This metric aggregates all operating and non-operating costs incurred by the company to generate revenue during a specific period, including cost of revenue, research and development, sales and marketing, and administrative overhead. It serves as a comprehensive measure of the firm's total resource consumption required to maintain its business model. Monitoring this figure relative to revenue growth helps assess the company's overall operational discipline and scalability.

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