Company overview
What does APPFOLIO INC do?
APPFOLIO INC (APPF) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 7372 (Services-Prepackaged Software).
What does APPFOLIO INC do?
APPFOLIO INC (APPF) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 7372 (Services-Prepackaged Software).
What industry is APPFOLIO INC in?
Technology · Services-Prepackaged Software
What was APPFOLIO INC's latest reported revenue?
$281.1M for Q2 2026, from 10-Q filed Jul 23, 2026.
What changed in the latest comparable period?
Revenue increased +19.3% ($235.6M to $281.1M; Q2 2025 vs Q2 2026).
Business model (from the public record)
Belvedere describes the business using the issuer’s SEC classification and the company description extracted from public filings. Segment mix, customer identity, and recurring-versus-transactional revenue are shown only when those facts are identified in the filing extract—not inferred.
Technology · Services-Prepackaged Software · United States
Financial profile
- Revenue
- $281.1M 10-Q · Q2 2026 · Filed Jul 23, 2026
- Revenue growth YoY
- +19.3% Belvedere calculation · 10-Q · Q2 2026 · Filed Jul 23, 2026
- Gross margin
- — Not identified in latest matched XBRL period
- Operating margin
- +18.8% Belvedere calculation · 10-Q · Q2 2026 · Filed Jul 23, 2026
- Net income
- $41.5M 10-Q · Q2 2026 · Filed Jul 23, 2026
- Operating cash flow
- — Not identified in latest matched XBRL period
- Capex
- — Not identified in latest matched XBRL period
- Belvedere FCF
- — Not identified in latest matched XBRL period
- FCF margin
- — Not identified in latest matched XBRL period
- Cash
- $217.4M 10-Q · Jun 30, 2026 · Filed Jul 23, 2026
- Debt
- — Not identified in latest matched XBRL period
- Net debt
- -$217.4M Belvedere calculation · 10-Q · Jun 30, 2026 · Filed Jul 23, 2026
- Shares
- — Not identified in latest matched XBRL period
Balance sheet snapshot
Cash $217.4M. Identified debt —. Net debt -$217.4M. Missing debt tags are not treated as a zero-debt capital structure.
Financial information is derived from public filings and other identified sources. Belvedere calculations may differ from company-defined non-GAAP measures. See methodology and source notes. Valuation multiples are omitted because a licensed market-data provider is not configured.
Latest filings
| Form | Filed | Period | Accession | Source |
|---|---|---|---|---|
| 4 | Aug 24, 2026 | Aug 20, 2026 | 0000938333-26-000023 | SEC |
| 4 | Aug 20, 2026 | Aug 18, 2026 | 0000938333-26-000022 | SEC |
| 4 | Aug 20, 2026 | Aug 18, 2026 | 0000938333-26-000021 | SEC |
| 4 | Aug 20, 2026 | Aug 19, 2026 | 0002043379-26-000012 | SEC |
| 4 | Aug 18, 2026 | Aug 14, 2026 | 0000938333-26-000020 | SEC |
| 4 | Aug 18, 2026 | Aug 14, 2026 | 0000938333-26-000019 | SEC |
| 4 | Aug 17, 2026 | Aug 14, 2026 | 0001837400-26-000014 | SEC |
| 4 | Aug 14, 2026 | Aug 12, 2026 | 0000938333-26-000018 | SEC |
| 4 | Aug 14, 2026 | Aug 12, 2026 | 0000938333-26-000017 | SEC |
| 4 | Aug 12, 2026 | Aug 10, 2026 | 0002054905-26-000008 | SEC |
| 4 | Aug 12, 2026 | Aug 10, 2026 | 0002082975-26-000008 | SEC |
| 4 | Aug 12, 2026 | Aug 10, 2026 | 0001837400-26-000012 | SEC |
| 4 | Aug 12, 2026 | Aug 10, 2026 | 0002043379-26-000010 | SEC |
| 4 | Aug 12, 2026 | Aug 10, 2026 | 0002095744-26-000012 | SEC |
| 4 | Aug 12, 2026 | Aug 10, 2026 | 0000938333-26-000014 | SEC |
| 4 | Aug 12, 2026 | Aug 10, 2026 | 0000938333-26-000013 | SEC |
| 4 | Aug 10, 2026 | Aug 6, 2026 | 0000938333-26-000012 | SEC |
| 4 | Aug 10, 2026 | Aug 6, 2026 | 0000938333-26-000011 | SEC |
What changed
Each line is an arithmetic comparison of sourced facts. It is not a thesis.
Research view
Belvedere has not published an initiation or update on APPFOLIO INC. Universe inclusion is not a rating, a forecast, or coverage in the sell-side sense.
Research Radar
| Kind | Change | Explanation | Source | Date |
|---|---|---|---|---|
| Revenue | +19.3% | Revenue increased +19.3% ($235.6M to $281.1M; Q2 2025 vs Q2 2026). | 10-Q · RevenueFromContractWithCustomerExcludingAssessedTax | Jul 23, 2026 |
| Revenue acceleration | -1.1 pp | Quarterly revenue YoY growth moved from +20.4% to +19.3% (-1.1 percentage points). | 10-Q · BelvedereRevenueGrowthYoY | Jul 23, 2026 |
| Cash | $217.4M | Cash and cash equivalents were $217.4M as of the latest reported balance-sheet date. | 10-Q · CashAndCashEquivalentsAtCarryingValue | Jul 23, 2026 |
Rankings
- Fastest-Growing Companies in the Belvedere Universe · rank 26 · +19.3%
- Strongest Balance Sheets · rank 6 · +33.5%
- Belvedere Undercoverage Screen · rank 5 · 46
- Technology Companies by Revenue Growth · rank 16 · +19.3%
Industry context
APPFOLIO INC is mapped to Technology (Services-Prepackaged Software) from SIC metadata on the SEC submission. Mapping is a classification convenience, not a claim that every peer is economically comparable.
Belvedere Research Profile
This measures researchable information characteristics. It is not investment advice, a credit rating, or a buy/sell/hold recommendation.
Presence of core income-statement, cash-flow and balance-sheet concepts in SEC XBRL.
Comparable-period revenue history and operating-result availability.
Availability of margin, cash-flow and per-share concepts used in screening.
SEC periodic reports, current reports, proxy statement and website identified in submissions.
Distinct filing years in the current archive window plus comparable prior-period revenue.
Risks
Belvedere does not manufacture generic risk language. Material risks are those the issuer discloses in its periodic reports, particularly Item 1A of the latest Form 10-K.
A Form 10-K was not present in the current filing window.
Sources
- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Q2 2026
- Filed
- Jul 23, 2026
- Accession
- 0001433195-26-000058
- Concept
- RevenueFromContractWithCustomerExcludingAssessedTax
- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Q2 2026
- Filed
- Jul 23, 2026
- Accession
- 0001433195-26-000058
- Concept
- BelvedereRevenueGrowthYoY
(RevenueFromContractWithCustomerExcludingAssessedTax 2026-06-30 / RevenueFromContractWithCustomerExcludingAssessedTax 2025-06-30) - 1
View filing- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Jun 30, 2026
- Filed
- Jul 23, 2026
- Accession
- 0001433195-26-000058
- Concept
- CashAndCashEquivalentsAtCarryingValue
Disclosure
Belvedere Research publishes informational analysis. Nothing on this site is investment advice, an offer, or a solicitation to buy or sell any security.
This page is a company intelligence / data profile. It is not a research report unless a dated note is attached above. Rankings appearing here are independent of any issuer compensation.
Frequently asked questions
- What does APPFOLIO INC do?
- APPFOLIO INC (APPF) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 7372 (Services-Prepackaged Software).
- What industry is APPFOLIO INC in?
- APPFOLIO INC is classified in Technology (Services-Prepackaged Software).
- When did APPFOLIO INC last file a periodic report?
- APPFOLIO INC last filed a 4 on Aug 24, 2026 (accession 0000938333-26-000023).
- What was APPFOLIO INC's latest revenue?
- $281.1M for Q2 2026, sourced from 10-Q filed Jul 23, 2026.
- Does Belvedere cover APPFOLIO INC?
- APPFOLIO INC is in the Belvedere universe. Presence in the universe is not the same as active initiation coverage.