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)
626 (est)+10%
Appfolio was founded in 2005 and is headquartered in Goleta, US

Key People/Management at Appfolio

Jason Randall

Jason Randall

President and CEO
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 Financials and Metrics

Appfolio Financials

Appfolio's revenue was reported to be $32.1 m in Q1, 2017

Revenue (Q1, 2017)

32.1 m

Gross profit (Q1, 2017)

19.1 m

Gross profit margin (Q1, 2017), %


Net income (Q1, 2017)

660 k

EBIT (Q1, 2017)

597 k

Market capitalization (20-Oct-2017)

1.7 b

Cash (31-Mar-2017)

8 m
Appfolio's current market capitalization is $1.7 b.
USDFY, 2014FY, 2015FY, 2016


47.7 m75 m105.6 m

Revenue growth, %


Cost of goods sold

33.9 m44.6 m

Gross profit

41.1 m61 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017


18.4 m20.3 m23.2 m26.2 m28.2 m32.1 m

Cost of goods sold

8.1 m9.3 m10.5 m11.2 m11.6 m13 m

Gross profit

10.3 m11 m12.7 m15 m16.5 m19.1 m

Gross profit Margin, %

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
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017


69.9 m11.8 m11.3 m11 m7.6 m8 m

Accounts Receivable

2.5 m2.2 m2.6 m3 m2.7 m3.8 m

Current Assets

74.3 m44.7 m28.3 m29 m24.3 m34.3 m


3.6 m4.1 m7 m7.1 m6.9 m6.6 m
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)
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(3.4 m)(4.8 m)(3.6 m)(2.3 m)(1.1 m)660 k

Depreciation and Amortization

1.4 m1.6 m2.1 m2.4 m2.6 m3 m

Accounts Receivable

2.5 m2.2 m2.6 m3 m2.7 m3.8 m

Accounts Payable

3.1 m2.4 m1.5 m1.1 m574 k700 k
USDY, 2017


53.6 k

Financial Leverage

1.3 x
Show all financial metrics

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)

Show all operating metrics

Appfolio Market Value History

Appfolio Revenue Breakdown

Appfolio Job Categories

Appfolio Median Salaries

Source: 48 public H-1B filings from Appfolio

Traffic Overview of Appfolio

Appfolio Online and Social Media Presence

Appfolio Company Life and Culture

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