AppFolio, Inc.
Financial Performance
AppFolio Revenue & Financials
Revenue
$794.2M (FY2024)
Net Income
$115M
Employees
2,000
What is AppFolio's revenue?
AppFolio had $794.2M in revenue for fiscal year 2024, up 28% from 2023. Net income was $115M.
- Latest revenue
- $794.2M (FY2024)
- Year-over-year
- +28%
- Growth rate (CAGR)
- 28.3% over 9 years
- Peak revenue
- $794.2M (FY2024)
- Years of data
- 10
- Employees
- 2,000
- How much profit does AppFolio make?
- AppFolio reported net income of $115M for fiscal year 2024.
- How many employees does AppFolio have?
- AppFolio has about 2,000 employees.
Financial Analysis
AppFolio demonstrates exceptional financial strength, reporting $794.2 million in annual revenue for FY 2024 with robust net income exceeding $115 million and expanding operating margins driven by high-margin Value+ fintech adoption.
Revenue Trend Analysis
YoY Change
+28%
9-Year CAGR
+28.3%
Peak Year
2024
Trend
Consistent Growth
AppFolio, Inc. has 10 full fiscal year figures on this page, compounding at +28.3% annually over 9 years. The most recent year saw a 28% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $794.2M. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $794.2M | $115M | +28.0% |
| FY2023 | $620.5M | $76M | +31.5% |
| FY2022 | $471.9M | $22M | +31.3% |
| FY2021 | $359.4M | $14M | +15.9% |
| FY2020 | $310.1M | $18.5M | +21.1% |
| FY2019 | $256M | $12.3M | +28.4% |
| FY2018 | $199.3M | $8.9M | +31.2% |
| FY2017 | $152M | $5.4M | +33.0% |
| FY2016 | $114.3M | $3.1M | +35.1% |
| FY2015 | $84.6M | $1.8M | — |
Click any row to see year details.
Keep researching AppFolio
AppFolio Revenue and Financial FAQ
What was AppFolio's latest reported annual revenue?
In its latest audited financial reporting period, AppFolio recorded consolidated net revenue of $794M, demonstrating durable revenue growth across its primary operating divisions.
How profitable is AppFolio?
AppFolio generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is AppFolio's capital and liquidity position?
AppFolio maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does AppFolio distribute capital to shareholders?
AppFolio executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "AppFolio Revenue & Financials." CorpDigest, https://corpdigest.com/company/appfolio/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>AppFolio reported $794.2M in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/appfolio/financials" target="_blank" rel="noopener">CorpDigest — AppFolio financials</a></div>Related Financial Audits
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