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AppFolio (APPF) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

AppFolio Revenue Highlights

Latest Revenue (Y)

$620.45M

Latest Revenue (Q)

$205.73M

Main Segment (Y)

Value Plus Services

AppFolio Revenue by Period

AppFolio Revenue by Year

DateRevenueChange
2023-12-31$620.45M31.48%
2022-12-31$471.88M31.31%
2021-12-31$359.37M15.90%
2020-12-31$310.06M21.11%
2019-12-31$256.01M34.69%
2018-12-31$190.07M32.17%
2017-12-31$143.80M36.20%
2016-12-31$105.59M40.82%
2015-12-31$74.98M57.28%
2014-12-31$47.67M79.61%
2013-12-31$26.54M-

AppFolio generated $620.45M in revenue during NA 2023, up 31.48% compared to the previous quarter, and up 326.43% compared to the same period a year ago.

AppFolio Revenue by Quarter

DateRevenueChange
2024-09-30$205.73M4.23%
2024-06-30$197.38M5.31%
2024-03-31$187.43M9.08%
2023-12-31$171.83M3.86%
2023-09-30$165.44M12.49%
2023-06-30$147.07M8.06%
2023-03-31$136.10M9.71%
2022-12-31$124.06M-0.82%
2022-09-30$125.08M6.50%
2022-06-30$117.45M11.54%
2022-03-31$105.30M10.14%
2021-12-31$95.60M-0.22%
2021-09-30$95.81M7.60%
2021-06-30$89.04M12.82%
2021-03-31$78.92M8.96%
2020-12-31$72.43M-13.86%
2020-09-30$84.09M3.75%
2020-06-30$81.04M11.79%
2020-03-31$72.50M7.62%
2019-12-31$67.36M-0.84%
2019-09-30$67.94M6.78%
2019-06-30$63.62M11.44%
2019-03-31$57.09M13.35%
2018-12-31$50.37M0.48%
2018-09-30$50.13M6.11%
2018-06-30$47.24M11.57%
2018-03-31$42.34M11.72%
2017-12-31$37.90M-0.02%
2017-09-30$37.90M5.65%
2017-06-30$35.88M11.68%
2017-03-31$32.13M14.69%
2016-12-31$28.01M-0.54%
2016-09-30$28.16M7.48%
2016-06-30$26.20M12.89%
2016-03-31$23.21M13.78%
2015-12-31$20.40M0.46%
2015-09-30$20.30M10.20%
2015-06-30$18.43M16.26%
2015-03-31$15.85M19.89%
2014-12-31$13.22M1.50%
2014-09-30$13.02M12.33%
2014-06-30$11.59M17.90%
2014-03-31$9.83M-

AppFolio generated $205.73M in revenue during Q3 2024, up 4.23% compared to the previous quarter, and up 139.88% compared to the same period a year ago.

AppFolio Revenue Breakdown

AppFolio Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Core Solutions$156.69M$132.54M$105.15M$100.94M$88.58M
Value Plus Services$454.10M$327.64M$241.29M$195.15M$153.99M
Other Services$9.65M$11.71M$12.93M$13.97M$13.44M

AppFolio's latest annual revenue breakdown by segment (product or service), as of Dec 23: Value Plus Services (73.19%), Core Solutions (25.25%), and Other Services (1.56%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Other Services$1.98M$1.73M$2.18M$2.59M$2.50M$2.48M$2.10M$2.39M$2.74M$3.59M$2.99M$3.15M$3.31M$3.23M$3.24M$3.55M$3.58M$3.39M$3.46M$4.12M
Value Added Services$157.73M$151.62M$142.33M$123.19M----------------
Core Solutions$46.03M$44.02M$42.92M$41.25M$39.76M$38.52M$37.17M$35.38M$33.94M$32.41M$30.81M$28.69M$26.92M$25.36M$24.17M$22.86M$27.12M$26.06M$24.90M$23.65M
Value Plus Services---$251.18M$106.08M$96.83M$86.29M$88.40M$81.45M$71.50M$63.75M$65.58M$60.45M$51.51M$46.02M$53.39M$51.59M$44.14M$39.59M-

AppFolio's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Value Added Services (76.67%), Core Solutions (22.37%), and Other Services (0.96%).

AppFolio Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
GBTGGlobal Business Travel Group$2.29B$597.00M
BSYBentley Systems$1.23B$335.17M
BLKBBlackbaud$1.11B$286.73M
ALRMAlarm.com$881.68M$240.50M
PYCRPaycor HCM$654.95M$167.48M
WKWorkiva$630.04M$177.50M
QTWOQ2$624.62M$175.02M
APPFAppFolio$620.45M$205.73M
BLBlackLine$590.00M$165.91M
NCNOnCino$476.54M$132.40M
ADEAAdeia$388.79M$86.10M
PROPROS$303.71M$82.70M
ALKTAlkami$264.83M$85.91M
AGYSAgilysys$237.46M$68.28M
ENFNEnfusion$174.53M$51.17M
ASURAsure Software$119.08M$29.30M
AMSWAAmerican Software$102.52M$26.19M

APPF Revenue FAQ

What is AppFolio’s yearly revenue?

AppFolio's yearly revenue for 2023 was $620.44M, representing an increase of 31.48% compared to 2022. The company's yearly revenue for 2022 was $471.88M, representing an increase of 31.31% compared to 2021. APPF's yearly revenue for 2021 was $359.37M, representing an increase of 15.90% compared to 2020.

What is AppFolio’s quarterly revenue?

AppFolio's quarterly revenue for Q3 2024 was $205.73M, a 4.23% increase from the previous quarter (Q2 2024), and a 24.36% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $197.38M, a 5.31% increase from the previous quarter (Q1 2024), and a 34.20% increase year-over-year (Q2 2023). APPF's quarterly revenue for Q1 2024 was $187.43M, a 9.08% increase from the previous quarter (Q4 2023), and a 37.71% increase year-over-year (Q1 2023).

What is AppFolio’s revenue growth rate?

AppFolio's revenue growth rate for the last 3 years (2021-2023) was 72.65%, and for the last 5 years (2019-2023) was 142.35%.

What are AppFolio’s revenue streams?

AppFolio's revenue streams in c 23 are Core Solutions, Value Plus Services, and Other Services. Core Solutions generated $156.69M in revenue, accounting 25.25% of the company's total revenue, up 18.22% year-over-year. Value Plus Services generated $454.1M in revenue, accounting 73.19% of the company's total revenue, up 38.60% year-over-year. Other Services generated $9.66M in revenue, accounting 1.56% of the company's total revenue, down -17.52% year-over-year.

What is AppFolio’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of AppFolio was Value Plus Services. This segment made a revenue of $454.1M, representing 73.19% of the company's total revenue.