Appfolio Inc revenue
Appfolio Inc's revenue was $951m in fiscal 2025, up 19.7% on the year before. Since fiscal 2013 ($26.5m) it has grown at a compound 34.7% a year. Over the last twelve months it was $1.09bn.
Revenue history
| Fiscal year | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 27 | 48 | 75 | 106 | 144 | 190 | 256 | 310 | 359 | 472 | 620 | 794 | 951 | 1,087 |
| Growth on the year before | — | +79.6% | +57.3% | +40.8% | +36.2% | +32.2% | +34.7% | +21.1% | +15.9% | +31.3% | +31.5% | +28.0% | +19.7% | — |
| Gross profit | 13 | 25 | 41 | 61 | 89 | 117 | 154 | 191 | 215 | — | — | — | — | — |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Value Added Services | $722M | 75.9% | ▲ 19.3% |
| Subscription Services | $211M | 22.2% | ▲ 17.1% |
| Other Services | $17.8M | 1.9% | ▲ 107.5% |
From Appfolio Inc's 10-K filed February 5, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Appfolio Inc | $1.09bn | 20.0% | 23.8% |
| Servicetitan, Inc. | $1.06bn | 22.9% | — |
| Alarm.com Holdings, Inc. | $1.06bn | 8.7% | 7.3% |
| Duolingo, Inc. | $1.15bn | 29.4% | 37.3% |
| Manhattan Associates Inc | $1.16bn | 8.4% | 9.2% |
| Blackbaud Inc | $1.16bn | 2.2% | 2.2% |
Compare with peers
- Servicetitan, Inc. revenue
- Alarm.com Holdings, Inc. revenue
- Duolingo, Inc. revenue
- Manhattan Associates Inc revenue
- Blackbaud Inc revenue
Head to head: APPF vs TTANALRM vs APPFAPPF vs DUOL
More: Application Software stocks compared, Technology sector, rankings of US companies