AppFolio Inc. (APPF) quarterly balance sheet — complete assets, liabilities & equity history
AppFolio Inc. (APPF) balance sheet — 13-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 407.37M | 325.19M | 254.94M | 342.15M | 302.76M | 197.13M | 272.01M | 335.4M | 395.14M | 348.8M | 306.67M | 272.36M | 239.88M | 209.48M | 211.88M | 201.47M | 176.79M | 156.38M | 169.57M | 158.59M |
| Cash & Short-Term Investments | 307.28M | 221.69M | 151.65M | 251.47M | 200.4M | 127.82M | 211.06M | 278.5M | 331.62M | 281.58M | 243.76M | 211.71M | 191.53M | 163.97M | 168.95M | 160.07M | 139.25M | 118.05M | 127.92M | 122.45M |
| Cash Only | 258.54M | 217.4M | 147.41M | 107.22M | 76.34M | 73.73M | 57.18M | 42.75M | 62.67M | 59.89M | 59.46M | 49.51M | 59.94M | 24.7M | 103.92M | 70.77M | 67.23M | 42.63M | 49.54M | 57.85M |
| Short-Term Investments | 48.74M | 4.28M | 4.24M | 144.26M | 124.06M | 54.09M | 153.88M | 235.75M | 268.95M | 221.69M | 184.3M | 162.2M | 131.59M | 139.27M | 65.02M | 89.3M | 72.02M | 75.42M | 78.39M | 64.6M |
| Accounts Receivable | 52.53M | 62.58M | 61.33M | 64.01M | 34.35M | 32.54M | 27.46M | 24.35M | 25.58M | 25.69M | 26.18M | 20.71M | 20.36M | 20.03M | 17.42M | 16.5M | 14.88M | 16.18M | 16.15M | 12.6M |
| Days Sales Outstanding | 17.91 | 20.05 | 21.51 | 18.23 | 12.34 | 11.59 | 10.71 | 11.28 | 11.46 | 11.96 | 11.38 | 10.99 | 11.23 | 11.59 | 11.21 | 11.64 | 11.42 | 12.52 | 12.29 | 11.92 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 47.56M | 18.49M | 41.96M | 10.96M | 68.02M | 37.03M | 33.74M | 32.81M | 38.19M | 41.77M | 36.98M | 39.94M | 27.99M | 25.48M | 25.52M | 24.9M | 2.7M | 3.12M | 6.34M | 0 |
| Total Non-Current Assets | 308.3M | 278.32M | 325.62M | 380.12M | 337.7M | 370.27M | 292.72M | 291.28M | 128.15M | 130.52M | 132.1M | 136.53M | 138.72M | 141.88M | 158.82M | 179.75M | 208.09M | 219.04M | 230.46M | 249.42M |
| Property, Plant & Equipment | 34.54M | 36.26M | 37.81M | 39.15M | 39.52M | 39.1M | 40.38M | 41.95M | 43.22M | 44.93M | 46.47M | 47.65M | 46.93M | 46.94M | 46.64M | 49.59M | 56.17M | 57.5M | 71.15M | 72.19M |
| Fixed Asset Turnover | 8.35x | 7.59x | 6.81x | 6.31x | 6.34x | 5.93x | 5.29x | 4.78x | 4.67x | 4.32x | 3.98x | 3.63x | 3.52x | 3.14x | 2.83x | 2.35x | 2.20x | 1.83x | 1.47x | 1.34x |
| Goodwill | 96.41M | 96.41M | 96.41M | 96.41M | 96.41M | 96.41M | 96.41M | 96.41M | 56.06M | 56.06M | 56.06M | 56.06M | 56.06M | 56.06M | 56.06M | 56.06M | 56.06M | 56.15M | 56.15M | 56.15M |
| Intangible Assets | 31.15M | 45.16M | 36.27M | 50.15M | 41.38M | 56.36M | 60.15M | 64.49M | 16.33M | 17.34M | 18.97M | 23.92M | 27M | 30.45M | 34.68M | 40.15M | 41.81M | 46.9M | 49.84M | 52.92M |
| Long-Term Investments | 87.67M | 87.67M | 77.67M | 77.03M | 77.03M | 77.03M | 2M | 2.03M | 1.3M | 1.3M | 0 | 0 | 250K | 0 | 12.72M | 25.16M | 45.2M | 49.91M | 45.85M | 61.08M |
| Other Non-Current Assets | 26.32M | -30M | 26.66M | 25.25M | 23.56M | 11.27M | 11.32M | 9.48M | 11.24M | 10.88M | 10.6M | 8.91M | 8.48M | 8.42M | 8.72M | 8.79M | 8.84M | 8.59M | 7.47M | 7.09M |
| Total Assets | 715.67M | 648.37M | 580.56M | 722.27M | 640.47M | 567.4M | 564.73M | 626.68M | 523.3M | 479.32M | 438.77M | 408.89M | 378.6M | 351.36M | 370.7M | 381.22M | 384.88M | 375.43M | 400.03M | 408.02M |
| Asset Turnover | 0.43x | 0.46x | 0.40x | 0.36x | 0.41x | 0.42x | 0.37x | 0.35x | 0.41x | 0.43x | 0.44x | 0.44x | 0.45x | 0.41x | 0.36x | 0.32x | 0.33x | 0.30x | 0.26x | 0.23x |
| Asset Growth % | 11.74% | 14.27% | 2.8% | 15.25% | 22.39% | 18.38% | 28.71% | 53.26% | 38.22% | 36.42% | 18.36% | 7.26% | -1.63% | -6.41% | -7.33% | -6.57% | -5.52% | -5.92% | 5.63% | 4.76% |
| Total Current Liabilities | 101.88M | 84.88M | 72.36M | 106.85M | 100.43M | 67.59M | 58.61M | 63.28M | 63.7M | 63.35M | 56.06M | 69.77M | 74.15M | 74.71M | 79.83M | 61.34M | 57.77M | 54.72M | 54.02M | 52.64M |
| Accounts Payable | 5.66M | 4.78M | 3.74M | 4.12M | 4.11M | 3.25M | 4.93M | 2.38M | 509K | 1.26M | 1.53M | 1.14M | 1.35M | 1.53M | 740K | 2.47M | 1.51M | 1.34M | 4.81M | 1.7M |
| Days Payables Outstanding | 4.55 | 3.78 | 3.73 | 3.96 | 3.7 | 4.44 | 4.14 | 1.63 | 1.13 | 1.71 | 1.74 | 1.87 | 2.11 | 1.79 | 2.57 | 3.64 | 2.58 | 5.9 | 6.76 | 4.94 |
| Short-Term Debt | 0 | 0 | 0 | 4.87M | 4.71M | 4.47M | 4.37M | 4.27M | 3.14M | 3.88M | 3.8M | 3.63M | 3.06M | 3.05M | 3.13M | 3.36M | 3.8M | 3.45M | 1.99M | 1.87M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1M | 0 | 0 | 0 | 0 | 3.08M | 3.69M | 2.51M |
| Other Current Liabilities | 24.48M | 34.7M | 25M | 38.08M | 39.29M | 34.09M | 27.53M | 26.47M | 26.42M | 26.26M | 21.53M | 29.43M | 26.65M | 25.2M | 28.87M | 21.14M | 22.96M | 20.1M | 18.38M | 16.35M |
| Current Ratio | 4.00x | 3.83x | 3.52x | 3.20x | 3.01x | 2.92x | 4.64x | 5.30x | 6.20x | 5.51x | 5.47x | 3.90x | 3.24x | 2.80x | 2.65x | 3.28x | 3.06x | 2.86x | 3.14x | 3.01x |
| Quick Ratio | 4.00x | 3.83x | 3.52x | 3.20x | 3.01x | 2.92x | 4.64x | 5.30x | 6.20x | 5.51x | 5.47x | 3.90x | 3.24x | 2.80x | 2.65x | 3.28x | 3.06x | 2.86x | 3.14x | 3.01x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 31.27M | 37.35M | 37.98M | 72.84M | 41.16M | 44.17M | 44.01M | 44.11M | 46.77M | 44.56M | 43.52M | 41.81M | 41.8M | 50.7M | 50.3M | 54.33M | 55.24M | 55.72M | 57.27M | 57.99M |
| Long-Term Debt | 0 | 0 | 0 | 33.29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 24.88M | 30.66M | 31.98M | 33.29M | 34.53M | 35.18M | 36.33M | 37.48M | 38.4M | 39.45M | 40.47M | 41.11M | 41.11M | 39.55M | 45.26M | 50.24M | 53.26M | 54.04M | 54.98M | 55.73M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 33.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.68M |
| Other Non-Current Liabilities | 6.4M | 6.69M | 5.99M | -27.03M | 6.63M | 8.99M | 7.68M | 6.63M | 8.37M | 5.11M | 3.05M | 697K | 689K | 11.14M | 5.05M | 4.09M | 1.99M | 1.67M | 2.29M | 583K |
| Total Liabilities | 133.16M | 122.23M | 110.33M | 179.69M | 141.6M | 111.76M | 102.61M | 107.39M | 110.47M | 107.91M | 99.58M | 111.58M | 115.94M | 125.41M | 130.13M | 115.67M | 113.01M | 110.44M | 111.29M | 110.64M |
| Total Debt | 24.88M | 35.77M | 36.98M | 71.45M | 39.25M | 39.65M | 40.7M | 41.75M | 41.54M | 43.32M | 44.27M | 44.74M | 44.16M | 42.61M | 48.39M | 53.59M | 57.06M | 57.49M | 56.98M | 57.61M |
| Net Debt | -233.66M | -181.63M | -110.43M | -35.77M | -37.1M | -34.08M | -16.49M | -1M | -21.12M | -16.57M | -15.2M | -4.77M | -15.77M | 17.91M | -55.54M | -17.18M | -10.17M | 14.87M | 7.44M | -240K |
| Debt / Equity | 0.04x | 0.07x | 0.08x | 0.13x | 0.08x | 0.09x | 0.09x | 0.08x | 0.10x | 0.12x | 0.13x | 0.15x | 0.17x | 0.19x | 0.20x | 0.20x | 0.21x | 0.22x | 0.20x | 0.19x |
| Debt / EBITDA | 0.40x | 0.61x | 0.66x | 1.45x | 0.96x | 0.85x | 1.00x | 1.47x | 0.88x | 1.05x | 1.11x | 1.27x | 17.57x | 68.83x | - | - | 51.36x | - | - | - |
| Net Debt / EBITDA | -3.74x | -3.10x | -1.96x | -0.72x | -0.90x | -0.73x | -0.41x | -0.04x | -0.45x | -0.40x | -0.38x | -0.14x | -6.28x | 28.93x | - | - | -9.16x | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 582.51M | 526.14M | 470.23M | 542.58M | 498.87M | 455.65M | 462.12M | 519.29M | 412.83M | 371.41M | 339.19M | 297.31M | 262.66M | 225.95M | 240.57M | 265.55M | 271.87M | 264.99M | 288.74M | 297.38M |
| Equity Growth % | 16.77% | 15.47% | 1.75% | 4.48% | 20.84% | 22.68% | 36.24% | 74.66% | 57.17% | 64.38% | 41% | 11.96% | -3.39% | -14.73% | -16.68% | -10.71% | -6.8% | -7.75% | 1.04% | 4.01% |
| Book Value per Share | 16.37 | 14.76 | 13.13 | 14.99 | 13.76 | 12.59 | 12.61 | 14.12 | 11.23 | 10.11 | 9.25 | 8.12 | 7.20 | 6.35 | 6.79 | 7.54 | 7.76 | 7.59 | 8.29 | 8.56 |
| Total Shareholders' Equity | 582.51M | 526.14M | 470.23M | 542.58M | 498.87M | 455.65M | 462.12M | 519.29M | 412.83M | 371.41M | 339.19M | 297.31M | 262.66M | 225.95M | 240.57M | 265.55M | 271.87M | 264.99M | 288.74M | 297.38M |
| Common Stock | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K |
| Retained Earnings | 560.92M | 514.94M | 473.39M | 430.97M | 391.06M | 357.41M | 321.43M | 290.05M | 187.31M | 154.31M | 124.64M | 85.98M | 55.71M | 29.27M | 48.17M | 83.28M | 102.98M | 107.14M | 137.11M | 151.4M |
| Treasury Stock | -302.45M | -298.27M | -298.27M | -172.48M | -172.48M | -172.48M | -121.52M | -25.76M | -25.76M | -25.76M | -25.76M | -25.76M | -25.76M | -25.76M | -25.76M | -25.76M | -25.76M | -25.76M | -25.76M | -25.76M |
| Accumulated OCI | -68K | -12K | -12K | 30K | -74K | -71K | -34K | 173K | 475K | -184K | -115K | 99K | -9K | -587K | -921K | -1.68M | -2.55M | -1.94M | -1.54M | -194K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |