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AppFolio (APPF) Revenue & Revenue Breakdown

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AppFolio Revenue Highlights

Latest Revenue (Y)

$950.82M

Latest Revenue (Q)

$281.12M

Main Segment (Y)

Value Added Services

AppFolio Revenue by Period

AppFolio Revenue by Year

DateRevenueChange
2025-12-31$950.82M19.72%
2024-12-31$794.20M28.01%
2023-12-31$620.45M31.48%
2022-12-31$471.88M31.31%
2021-12-31$359.37M15.90%
2020-12-31$310.06M21.11%
2019-12-31$256.01M34.69%
2018-12-31$190.07M32.17%
2017-12-31$143.80M36.20%
2016-12-31$105.59M40.82%
2015-12-31$74.98M57.28%
2014-12-31$47.67M79.61%
2013-12-31$26.54M-

AppFolio generated $950.82M in revenue during NA 2025, up 19.72% compared to the previous quarter, and up 306.66% compared to the same period a year ago.

AppFolio Revenue by Quarter

DateRevenueChange
2026-06-30$281.12M7.21%
2026-03-31$262.21M5.65%
2025-12-31$248.19M-0.47%
2025-09-30$249.35M5.85%
2025-06-30$235.57M8.21%
2025-03-31$217.70M6.89%
2024-12-31$203.66M-1.01%
2024-09-30$205.73M4.23%
2024-06-30$197.38M5.31%
2024-03-31$187.43M9.08%
2023-12-31$171.83M3.86%
2023-09-30$165.44M12.49%
2023-06-30$147.07M8.06%
2023-03-31$136.10M9.71%
2022-12-31$124.06M-0.82%
2022-09-30$125.08M6.50%
2022-06-30$117.45M11.54%
2022-03-31$105.30M10.14%
2021-12-31$95.60M-0.22%
2021-09-30$95.81M7.60%
2021-06-30$89.04M12.82%
2021-03-31$78.92M8.96%
2020-12-31$72.43M-13.86%
2020-09-30$84.09M3.75%
2020-06-30$81.04M11.79%
2020-03-31$72.50M7.62%
2019-12-31$67.36M-0.84%
2019-09-30$67.94M6.78%
2019-06-30$63.62M11.44%
2019-03-31$57.09M13.35%
2018-12-31$50.37M0.48%
2018-09-30$50.13M6.11%
2018-06-30$47.24M11.57%
2018-03-31$42.34M11.72%
2017-12-31$37.90M-0.02%
2017-09-30$37.90M5.65%
2017-06-30$35.88M11.68%
2017-03-31$32.13M14.69%
2016-12-31$28.01M-0.54%
2016-09-30$28.16M7.48%
2016-06-30$26.20M12.89%
2016-03-31$23.21M13.78%
2015-12-31$20.40M0.46%
2015-09-30$20.30M10.20%
2015-06-30$18.43M16.26%
2015-03-31$15.85M19.89%
2014-12-31$13.22M1.50%
2014-09-30$13.02M12.33%
2014-06-30$11.59M17.90%
2014-03-31$9.83M-

AppFolio generated $281.12M in revenue during Q2 2026, up 7.21% compared to the previous quarter, and up 129.13% compared to the same period a year ago.

AppFolio Revenue Breakdown

AppFolio Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Other Services$17.82M$8.59M$9.65M$11.71M$12.93M
Value Added Services$721.55M----
Subscription Services$211.46M----
Value Plus Services-$605.01M$454.10M$327.64M$241.29M
Core Solutions-$180.60M$156.69M$132.54M$105.15M

AppFolio's latest annual revenue breakdown by segment (product or service), as of Dec 25: Value Added Services (75.89%), Subscription Services (22.24%), and Other Services (1.87%).

Quarterly Revenue by Product

Product/ServiceJun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Value Added Services$219.47M$201.36M$184.61M$192.09M$180.15M$164.71M$157.73M$151.62M$142.33M$123.19M----------
Other Services$1.86M$2.63M$7.87M$3.51M$2.96M$3.48M$2.70M$1.98M$1.73M$2.18M$2.59M$2.50M$2.48M$2.10M$2.39M$2.74M$3.59M$2.99M$3.15M$3.31M
Subscription Services$59.80M$58.22M------------------
Core Solutions---$53.75M$52.47M$49.51M$47.63M$46.03M$44.02M$42.92M$41.25M$39.76M$38.52M$37.17M$35.38M$33.94M$32.41M$30.81M$28.69M$26.92M
Value Plus Services----------$251.18M$106.08M$96.83M$86.29M$88.40M$81.45M$71.50M$63.75M$65.58M-

AppFolio's latest quarterly revenue breakdown by segment (product or service), as of Jun 26: Value Added Services (78.07%), Subscription Services (21.27%), and Other Services (0.66%).

AppFolio Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
OTEXOpen Text$5.77B$1.28B
NICENICE$2.38B$659.31M
PAYCPaycom Software$2.05B$571.90M
PEGAPegasystems$1.75B$420.72M
ESTCElastic$1.74B$449.88M
GTMZoomInfo$1.25B$310.20M
MANHManhattan Associates$1.08B$282.21M
TTANServiceTitan$960.97M$268.82M
APPFAppFolio$950.82M$281.12M
IDCCInterDigital$834.01M$164.68M
DSGXDescartes Systems Group$575.23M$149.11M

APPF Revenue FAQ

What is AppFolio’s yearly revenue?

AppFolio's yearly revenue for 2025 was $950.82M, representing an increase of 19.72% compared to 2024. The company's yearly revenue for 2024 was $794.2M, representing an increase of 28.01% compared to 2023. APPF's yearly revenue for 2023 was $620.44M, representing an increase of 31.48% compared to 2022.

What is AppFolio’s quarterly revenue?

AppFolio's quarterly revenue for Q2 2026 was $281.12M, a 7.21% increase from the previous quarter (Q1 2026), and a 19.34% increase year-over-year (Q2 2025). The company's quarterly revenue for Q1 2026 was $262.21M, a 5.65% increase from the previous quarter (Q4 2025), and a 20.45% increase year-over-year (Q1 2025). APPF's quarterly revenue for Q4 2025 was $248.19M, a -0.47% decrease from the previous quarter (Q3 2025), and a 21.86% increase year-over-year (Q4 2024).

What is AppFolio’s revenue growth rate?

AppFolio's revenue growth rate for the last 3 years (2023-2025) was 53.25%, and for the last 5 years (2021-2025) was 164.58%.

What are AppFolio’s revenue streams?

AppFolio's revenue streams in c 25 are Other Services, Value Added Services, and Subscription Services. Other Services generated $17.82M in revenue, accounting 1.87% of the company's total revenue, up 107.50% year-over-year. Value Added Services generated $721.55M in revenue, accounting 75.89% of the company's total revenue Subscription Services generated $211.46M in revenue, accounting 22.24% of the company's total revenue

What is AppFolio’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of AppFolio was Value Added Services. This segment made a revenue of $721.55M, representing 75.89% of the company's total revenue.