AppFolio, Inc. (APPF) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 262.21M | 248.19M | 249.35M | 235.57M | 217.7M | 203.66M | 205.73M | 197.38M | 187.43M | 171.83M | 165.44M | 147.07M |
| Revenue Growth % | 20.45% | 21.86% | 21.2% | 19.35% | 16.15% | 18.53% | 24.36% | 34.2% | 37.71% | 38.51% | 32.27% | 25.22% |
| Cost of Goods Sold | 94.97M | 95.65M | 91.48M | 83.83M | 79.5M | 81.53M | 71.63M | 74.27M | 69.86M | 61.27M | 62.74M | 57.85M |
| COGS % of Revenue | 36.22% | 38.54% | 36.69% | 35.58% | 36.52% | 40.03% | 34.82% | 37.63% | 37.27% | 35.66% | 37.92% | 39.34% |
| Gross Profit | 167.24M | 152.54M | 157.88M | 151.75M | 138.2M | 122.14M | 134.1M | 123.1M | 117.57M | 110.56M | 102.7M | 89.22M |
| Gross Margin % | 63.78% | 61.46% | 63.31% | 64.42% | 63.48% | 59.97% | 65.18% | 62.37% | 62.73% | 64.34% | 62.08% | 60.66% |
| Gross Profit Growth % | 21.01% | 24.89% | 17.73% | 23.27% | 17.55% | 10.48% | 30.58% | 37.98% | 47.16% | 49.97% | 38.09% | 27.42% |
| Operating Expenses | 116.49M | 108.97M | 122.83M | 111.24M | 104.42M | 99.18M | 91.53M | 87.08M | 83.48M | 82.32M | 102.77M | 89.9M |
| OpEx % of Revenue | 44.43% | 43.9% | 49.26% | 47.22% | 47.97% | 48.7% | 44.49% | 44.12% | 44.54% | 47.91% | 62.12% | 61.13% |
| Selling, General & Admin | 61.84M | 63.02M | 63.36M | 58.71M | 54.41M | 56.88M | 46.55M | 47.55M | 45.59M | 40.54M | 53.61M | 47.72M |
| SG&A % of Revenue | 23.58% | 25.39% | 25.41% | 24.92% | 24.99% | 27.93% | 22.62% | 24.09% | 24.32% | 23.59% | 32.4% | 32.45% |
| Research & Development | 49.63M | 45.95M | 54.04M | 46.67M | 43.76M | 42.3M | 40.66M | 39.52M | 37.9M | 34.85M | 45.99M | 42.16M |
| R&D % of Revenue | 18.93% | 18.51% | 21.67% | 19.81% | 20.1% | 20.77% | 19.76% | 20.02% | 20.22% | 20.28% | 27.8% | 28.67% |
| Other Operating Expenses | 1000K | 0 | 1000K | 1000K | 1000K | 0 | 1000K | 0 | 0 | 1000K | 1000K | 16K |
| Operating Income | 50.75M | 43.58M | 35.05M | 40.51M | 33.78M | 22.96M | 42.57M | 36.03M | 34.09M | 28.24M | -67K | -679K |
| Operating Margin % | 19.35% | 17.56% | 14.05% | 17.2% | 15.52% | 11.27% | 20.69% | 18.25% | 18.19% | 16.43% | -0.04% | -0.46% |
| Operating Income Growth % | 50.22% | 89.81% | -17.67% | 12.45% | -0.9% | -18.7% | 63634.33% | 5406.04% | 228.5% | 241.53% | 99.14% | 97.73% |
| EBITDA | 55.77M | 48.69M | 40.48M | 46.87M | 40.54M | 28.29M | 46.97M | 41.23M | 39.83M | 35.14M | 2.51M | 619K |
| EBITDA Margin % | 21.27% | 19.62% | 16.23% | 19.9% | 18.62% | 13.89% | 22.83% | 20.89% | 21.25% | 20.45% | 1.52% | 0.42% |
| EBITDA Growth % | 37.57% | 72.07% | -13.81% | 13.68% | 1.79% | -19.48% | 1769% | 6560.42% | 256.22% | 415.96% | 126.19% | 102.99% |
| D&A (Non-Cash Add-back) | 5.02M | 5.11M | 5.44M | 6.36M | 6.76M | 5.34M | 4.4M | 5.2M | 5.74M | 6.9M | 2.58M | 1.3M |
| EBIT | 0 | 45.62M | 36.73M | 40.51M | 33.78M | 27.15M | 42.57M | 36.03M | 34.09M | 28.24M | -67K | -2.58M |
| Net Interest Income | 0 | 2.05M | 1.69M | 1.47M | 2.95M | 3.5M | 4.01M | 3.48M | 2.99M | 2.4M | 1.79M | 1.48M |
| Interest Income | 0 | 2.05M | 1.69M | 1.47M | 2.95M | 3.5M | 4.01M | 3.48M | 2.99M | 2.4M | 1.79M | 1.48M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 2.35M | 2.04M | 1.69M | 1.46M | 3.01M | 4.2M | 4.01M | 3.48M | 2.99M | 2.69M | 1.54M | 1.42M |
| Pretax Income | 53.1M | 45.62M | 36.73M | 41.97M | 36.79M | 27.15M | 46.58M | 39.5M | 37.08M | 30.93M | 1.47M | 745K |
| Pretax Margin % | 20.25% | 18.38% | 14.73% | 17.81% | 16.9% | 13.33% | 22.64% | 20.01% | 19.78% | 18% | 0.89% | 0.51% |
| Income Tax | 10.68M | 5.71M | 3.09M | 5.99M | 5.41M | -75.58M | 13.58M | 9.84M | -1.58M | 661K | -24.97M | 19.65M |
| Effective Tax Rate % | 20.11% | 12.51% | 8.4% | 14.27% | 14.7% | -278.34% | 29.14% | 24.91% | -4.26% | 2.14% | -1696.54% | 2637.05% |
| Net Income | 42.42M | 39.91M | 33.65M | 35.98M | 31.38M | 102.73M | 33.01M | 29.66M | 38.66M | 30.27M | 26.45M | -18.9M |
| Net Margin % | 16.18% | 16.08% | 13.49% | 15.27% | 14.42% | 50.44% | 16.04% | 15.03% | 20.63% | 17.62% | 15.98% | -12.85% |
| Net Income Growth % | 35.18% | -61.15% | 1.94% | 21.29% | -18.83% | 239.41% | 24.81% | 256.95% | 210.12% | 253.64% | 735.39% | 36.93% |
| Net Income (Continuing) | 42.42M | 39.91M | 33.65M | 35.98M | 31.38M | 102.73M | 33.01M | 29.66M | 38.66M | 30.27M | 26.45M | -18.9M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.18 | 1.10 | 0.93 | 0.99 | 0.86 | 2.79 | 0.90 | 0.81 | 1.05 | 0.83 | 0.72 | -0.53 |
| EPS Growth % | 37.21% | -60.57% | 3.33% | 22.22% | -18.1% | 236.14% | 25% | 252.83% | 206.06% | 248.21% | 700% | 38.37% |
| EPS (Basic) | 1.19 | 1.11 | 0.94 | 1.00 | 0.86 | 2.82 | 0.91 | 0.82 | 1.07 | 0.85 | 0.74 | -0.53 |
| Diluted Shares Outstanding | 35.81M | 36.2M | 36.26M | 36.2M | 36.65M | 36.78M | 36.76M | 36.74M | 36.67M | 36.6M | 36.48M | 35.56M |
| Basic Shares Outstanding | 35.7M | 35.95M | 35.89M | 35.92M | 36.3M | 36.37M | 36.31M | 36.24M | 36.09M | 35.81M | 35.69M | 35.56M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - |