Feed / APPF

AppFolio, Inc.

APPF

Technology · 205.41 -0.1% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

AppFolio, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 23 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.

Company-0.1% todayVolume comparison unavailable
Market group0 of 23 activeB2B Information Software · unavailable
Disclosed network0 of 2 confirmingNo filing-linked name is confirming now
What would change this read
  • APPF's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if APPF's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Technology · Software - Application

No new filing conclusion is available. 0 of 23 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • APPF's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements69
Verified relationships2
Evidence supporting the case
  • Latest annual revenue changed +19.7% year over year.
  • Operating cash flow covered net income at 1.72x in the latest annual period.
Evidence challenging the case
  • Net margin changed -10.9 percentage points in the latest annual period.
Questions before a position
  • P/E is 83% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 36% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

205.41
6m+14.8%12m-26.5%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$359.4M+15.9%$0.03-0.0%
2022-12-31$471.9M+31.3%$-1.95-1.9%
2023-12-31$620.4M+31.5%$0.07+4.0%
2024-12-31$794.2M+28.0%$5.55+1.0%
2025-12-31$950.8M+19.7%$3.88-1.2%

What management says matters

Persistent and emerging business drivers

Product pipeline and R&Dpositive · 1 filings
“Research and Product Development Year Ended December 31, Change 2025 2024 Amount % (dollars in thousands) Research and product development $ 190,419 $ 160,375 $ 30,044 19 % Percentage of revenue 20.0 % 20.2 % Stock-based compensation, included above $ 30,687…”
10-K · Feb 5, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 7.8× · EV/sales 7.7×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

205.41-0.1% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for APPF. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for APPF. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind APPF

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depended on by

ZZillow Group, Inc.partnerFeb 11, 2026 ▾

“Our listing syndication agreements with Realtor.com and Redfin, and strategic partnerships with AppFolio and Esusu, extend our reach and help us provide a more comprehensive marketplace for consumers, add value for property managers, and drive more traffic, i…”

Filing peers

APPNPCORINVH

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

APPF is currently a Follower in the organic co-movement group B2B Information Software. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.