The table below shows APPFOLIO INC's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$950.82M
$794.20M
$620.45M
$471.88M
$359.37M
$310.06M
Cost of revenue
-
-
-
-
$143.94M
$119.03M
Gross profit
-
-
-
-
-
-
R&D
$190.42M
$160.38M
$151.36M
$111.12M
$65.98M
$48.53M
SG&A
APPF annual revenue (10-K history)
APPFOLIO INC reported annual revenue of $950.82M for fiscal year 2025. That is up 19.7% from $794.20M in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $105.59M (FY 2016) to $950.82M. Figures come from the company's audited annual reports as filed with the SEC.