AppFolio remains a capital-light, vertically specialized property management software franchise generating a 32.4% free cash flow margin in 2026Q3, with operating leverage visible as operating margin climbed from 11.3% in 2024Q4 to 19.4% despite revenue growth decelerating from 34.2% to 18.6% over the period.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue grew 18.6% year-over-year to $295.7M in 2026Q3 with operating margin expanding to 19.4%, though growth has nearly halved from 34.2% in 2024Q2 and gross margin has remained capped near 64%, suggesting the VAS-heavy mix structurally limits margin expansion versus pure-play SaaS peers.
AppFolio's 2026 revenue outlook of $1.10 billion and adjusted operating margin near 26.5% indicates strong future financial performance.
The company's guidance suggests improved operating leverage and deeper monetization across payments, screening, and resident services.
Monitoring product attachment and upsell trends is a key metric for evaluating AppFolio's growth potential.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 22, 2026 | $1.82+1.7% vs $1.79 | $296M+0.4% vs $294M |
Q3 2026 Jul 23, 2026 | $1.71+1.2% vs $1.69 | $281M+1.4% vs $277M |
Q2 2026 Apr 23, 2026 | $1.61+11.8% vs $1.44 | $262M+1.6% vs $258M |
Q1 2026 Jan 29, 2026 | $1.39+13.9% vs $1.22 | $248M+0.7% vs $247M |
SANTA BARBARA, Calif., Nov. 05, 2026 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ:APPF), the technology leader powering the future of the real estate industry, and IREM ® (Institute of Real Estate Management) today released AI Insights 2026 , a nationwide study of 3,662 real estate management professionals.
Full-year revenue guidance increased to $1.122 billion to $1.127 billion. Platform units grew 8% year over year to 9.8 million.
After reaching an important support level, AppFolio (APPF) could be a good stock pick from a technical perspective. APPF surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.
AppFolio (APPF) possesses solid growth attributes, which could help it handily outperform the market.
Benchmark APPF against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for AppFolio Inc. (APPF)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $230.74 | $8.24B | 59.47 | 19.72% | 14.82% | 26.54% | — | |
| $476.60 | $48.1B | 33.56 | 12.26% | 30.71% | 13.53% | 0.69% | |
| $173.15 | $9.27B | 35.19 | 11.04% | 15.23% | 23.44% | — | |
| $237.32 | $12.95B | 29.37 | 8.95% | 22.78% | 40.43% | 0.64% | |
| $420.56 | $17.22B | 58.41 | 9.1% | 13.51% | 10.25% | — | |
| $12.87 | $1.55B | -18.39 | 15.38% | -1.42% | — | — |
AppFolio Inc. (APPF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
AppFolio Inc. (APPF) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 22, 2026·SEC
Jul 23, 2026·SEC
Jul 1, 2026·SEC
Get notified when APPF posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
AppFolio Inc. (APPF) stock FAQ — growth, dividends, profitability & financials explained
AppFolio Inc. (APPF) reported $1.09B in revenue over the trailing twelve months. Revenue was $950.8M in fiscal year 2025. That is 3482% more than the $26.5M of fiscal year 2013.
AppFolio Inc. (APPF) grew revenue by 19.7% in fiscal year 2025, compared with the prior fiscal year.
Yes. AppFolio Inc. (APPF) earned $169.9M in net income over the trailing twelve months (a 15.6% net margin).
AppFolio Inc. (APPF) had a return on equity (ROE) of 26.5% in fiscal year 2025. That is well above the market's typical 10-15%.
AppFolio Inc. (APPF) generated $281.1M in free cash flow over the trailing twelve months.
