Headquartered in Santa Barbara, California, AppFolio creates complete, easy-to-use, software-as-a-service business solutions for multiple vertical markets. Our company was founded by a team of technology leaders with many years of experience developing applications that are built for small and medium sized business. Our Chief Strategist, Klaus Schauser, was responsible for creating Citrix GoToMyPC and GoToMeeting—two award winning web-based collaboration solutions. Jon Walker, our CTO, has been a founding member of multiple successful start-up companies that were eventually acquired. He is considered a pioneer in the area of data migration and was responsible for creating advanced migration software that has been deployed to over 40 million computers worldwide.

Company Growth (employees)
Goleta, US
Size (employees)
573 (est)
Appfolio was founded in 2005 and is headquartered in Goleta, US

Key People at Appfolio

Mathias Schilling

Mathias Schilling

Nathaniel Kunes

Nathaniel Kunes

Vice President of Value Added Services

Appfolio Office Locations

Appfolio has offices in Goleta, Dallas, San Diego, Santa Barbara and in 1 other location
Goleta, US (HQ)
50 Castilian Dr

Appfolio Data and Metrics

Appfolio Financial Metrics

Appfolio's revenue was reported to be $105.6 b in FY, 2016 which is a 140725% increase from the previous period.
$, USD

Revenue (FY, 2016)

105.6 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

61 b

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(8.3 b)

EBIT (FY, 2016)

(8.4 b)

Market capitalization (23-Jun-2017)

1.1 b

Closing share price (23-Jun-2017)


Cash (31-Dec-2016)

10.7 m
Appfolio's current market capitalization is $1.1 b.
$, USDFY, 2013FY, 2014FY, 2015FY, 2016


47.7 m75 m105.6 b

Revenue growth, %


Cost of goods sold

33.9 m44.6 b

Gross profit

41.1 m61 b

Gross profit Margin, %


Sales and marketing expense

26.1 m28.8 b

General and administrative expense

14.3 m18 b

Operating expense total

90 m114 b

Depreciation and amortization

2.9 m3.8 m6.1 m


(15 m)(8.4 b)

EBIT margin, %


Interest expense

(595 k)246 m

Interest income

(595 k)246 m

Pre tax profit

(15.6 m)(8.2 b)

Income tax expense

75 k67 m

Net Income

(15.7 m)(8.3 b)
$, USDY, 2012Y, 2013Y, 2014FY, 2015FY, 2016


3.9 m11.3 m5.4 m12.1 m10.7 m

Accounts Receivable

2 m2.5 m


3.2 m3.5 m

Current Assets

27.5 m32.2 m


6.1 m7.1 m


6.7 m6.7 m

Total Assets

90.5 m92.6 m

Accounts Payable

2.4 m937 k

Current Liabilities

16.9 m21.4 m

Common Stock

1 k1 k

Additional Paid-in Capital

141.5 m146.7 m

Retained Earnings

(68.7 m)(77 m)

Total Equity

72.7 m69.7 m

Financial Leverage

1.2 x1.3 x
$, USDFY, 2015FY, 2016

Net Income

(15.7 m)(8.3 b)

Depreciation and Amortization

6.1 m9.9 m

Accounts Receivable

(746 k)(463 k)


(1.9 m)(377 k)

Accounts Payable

(439 k)(904 k)

Cash From Operating Activities

6.7 m11.5 m

Purchases of PP&E

(3.7 m)(4.2 m)

Cash From Investing Activities

(59.4 m)(13.1 m)

Cash From Financing Activities

72.9 m201 k

Interest Paid

797 k191 k

Income Taxes Paid

91 k27 k
Y, 2016

Financial Leverage

1.3 x

Appfolio Operating Metrics

Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Property Manager Customers

4.91 k5.33 k5.89 k6.49 k7.02 k7.56 k8.22 k8.82 k9.28 k9.61 k10.04 k10.47 k

Law Firm Customers

2.7 k3.2 k3.66 k4.25 k4.89 k5.57 k6.15 k6.83 k7.35 k7.8 k8.14 k8.68 k

Property Manager Units Under Management

1.68 m2.15 m2.3 m2.41 m2.53 m2.68 m2.83 m

Patents (US)


Patents Pending (US)


    Appfolio Market Value History

    Appfolio Revenue Breakdown

    Appfolio Job Categories

    Appfolio Median Salaries

    Source: 48 public H-1B filings from Appfolio

    Appfolio Online and Social Media Presence

    Appfolio Company Life and Culture

    You may also be interested in