The Tip Desk

APPFOLIO INC

Company Stats

Market Cap
$7.1B
as of Sep 30, 2026
Shares Outstanding
35.4M
Free Float
47.8%

Income Statement

Revenue
$950.8M
Operating Income
$152.9M
Net Income
$140.9M
EBITDA
$175.6M
Revenue Growth, 3Y
26.3%
FCF Margin, 3Y Avg
18.9%
FCF Margin, Worst Year
8.3%

Cash Flow

Free Cash Flow
$238.9M
FCF Yield
3.4%
Owner FCF Yield
2.4%

Balance Sheet

Cash & Equivalents
$107.0M

Returns & Capital

Share Repurchases
$145.7M
Buyback Yield, 3Y Avg
0.7%
SBC, 3Y Avg
$61.2M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$950.8M$238.9M25.1%
FY2024$794.2M$186.1M23.4%
FY2023$620.4M$51.2M8.3%
FY2022$471.9M$18.8M4.0%
FY2021$359.4M$27.3M7.6%

Annual filing data through FY ended December 31, 2025; shares and float as of October 11, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage