Appfolio

OverviewSuggest Edit

AppFolio is a software company providing web-based property management software for residential property managers to market, manage and grow their businesses. The Company creates easy-to-use, cloud-based software that helps small and mid-sized businesses improve their workflow so they save time and make more money. AppFolio's online property management software includes complete accounting and property management functionality. AppFolio Property Manager is targeted at apartment, residential, commercial, student housing, and community association property managers.

TypePublic
Founded2006
HQGoleta, CA, USMap
Websiteappfolio.com
Overall CultureA+More
View Jobs (155)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)1,240(+3%)
Job Openings155
Revenue (FY, 2020)$310.1 M(+22%)
Share Price (Jul 2021)$139.8(-1%)
Cybersecurity ratingDMore

Key People/Management at Appfolio

Jason Randall

Jason Randall

President and CEO
Klaus Schauser

Klaus Schauser

Chief Strategist and Founder
Jon Walker

Jon Walker

Chief Technology Officer and Founder
Ida Kane

Ida Kane

CFO
Aimee Miller

Aimee Miller

Chief Marketing Officer
Amy Meyer

Amy Meyer

Chief People Officer
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Appfolio Office Locations

Appfolio has an office in Goleta
Goleta, CA, US (HQ)
50 Castilian Dr
Show all (1)

Appfolio Financials and Metrics

Appfolio Revenue

Appfolio's revenue was reported to be $310.06 m in FY, 2020
USD

Revenue (Q1, 2021)

78.9m

Gross profit (Q1, 2021)

45.6m

Gross profit margin (Q1, 2021), %

57.8%

Net income (Q1, 2021)

479.0k

EBIT (Q1, 2021)

(5.7m)

Market capitalization (22-Jul-2021)

4.8b

Closing stock price (22-Jul-2021)

139.8

Cash (31-Mar-2021)

44.7m

EV

4.8b
Appfolio's current market capitalization is $4.8 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

47.7m75.0m105.6m143.8m190.1m256.0m310.1m

Revenue growth, %

57%41%

Cost of goods sold

33.9m44.6m55.3m73.5m101.6m119.0m

Gross profit

41.1m61.0m88.5m116.5m154.4m191.0m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Revenue

18.4m20.3m23.2m26.2m28.2m32.1m35.9m37.9m42.3m47.2m50.1m57.1m63.6m67.9m72.5m81.0m78.9m

Cost of goods sold

8.1m9.3m10.5m11.2m11.6m13.0m13.7m14.1m16.6m17.7m19.3m24.2m25.1m25.9m29.0m27.4m33.3m

Gross profit

10.3m11.0m12.7m15.0m16.5m19.1m22.2m23.9m25.7m29.5m30.8m32.9m38.5m42.0m43.5m53.6m45.6m

Gross profit Margin, %

56%54%55%57%59%60%62%63%61%62%62%58%61%62%60%66%58%
show all
Annual
USDY, 2012Y, 2013Y, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

3.9m11.3m5.4m12.1m10.7m16.1m74.1m15.8m140.3m

Accounts Receivable

2.0m2.5m3.4m5.5m7.6m10.1m

Prepaid Expenses

4.5m11.8m15.5m20.8m

Inventories

3.2m3.5m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Cash

69.9m11.8m11.3m11.0m7.6m8.0m7.4m14.8m8.5m18.0m13.7m16.8m19.5m20.1m56.8m53.3m44.7m

Accounts Receivable

2.5m2.2m2.6m3.0m2.7m3.8m4.2m3.4m4.5m5.6m5.5m8.0m8.2m8.0m9.6m12.7m12.5m

Prepaid Expenses

1.8m2.6m4.4m3.8m4.0m3.1m3.7m4.4m5.3m6.3m10.9m15.1m16.9m16.2m18.4m15.8m20.8m

Current Assets

74.3m44.7m28.3m29.0m24.3m34.3m40.1m51.0m55.6m64.5m62.0m57.5m64.1m64.7m92.7m102.7m181.5m
show all
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(15.7m)(8.3b)9.7m20.0m36.3m158.4m

Depreciation and Amortization

6.1m9.9m12.7m14.6m22.4m26.8m

Inventories

(1.9m)(377.0k)

Accounts Payable

(439.0k)(904.0k)(100.0k)614.0k511.0k(903.0k)
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Net Income

(7.0m)(11.8m)(3.6m)(5.9m)(7.0m)660.0k3.5m7.1m4.3m11.8m17.3m3.7m26.9m31.9m2.0m21.2m479.0k

Depreciation and Amortization

2.6m4.3m2.1m4.5m7.1m3.0m6.1m9.3m3.5m7.1m10.8m5.1m10.5m16.2m6.4m13.1m7.4m

Accounts Payable

883.0k167.0k(653.0k)(571.0k)(1.1m)(19.0k)(319.0k)369.0k415.0k839.0k477.0k100.0k188.0k270.0k(362.0k)193.0k870.0k

Cash From Operating Activities

(2.8m)(3.8m)(736.0k)2.4m4.7m3.8m11.9m21.6m3.3m15.1m24.6m295.0k11.8m23.4m3.1m27.4m(4.4m)
show all
Show all financial metrics

Appfolio Operating Metrics

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

Patents (US)

1011

Patents Pending (US)

2

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

Property Manager Units Under Management

1.68 m2.15 m2.3 m2.41 m2.53 m2.68 m2.83 m
Show all operating metrics

Appfolio Revenue Breakdown

Embed Graph

Appfolio revenue breakdown by business segment: 54.0% from Value+ Services, 41.5% from Core Solutions and 4.6% from Other

Appfolio Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

Learn more about our premium products
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Appfolio Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Appfolio Online and Social Media Presence

Appfolio's Trends

Embed Graph

Appfolio Company Culture

  • Overall Culture

    A+

    86/100

  • CEO Rating

    A+

    94/100

  • Compensation

    A-

    81/100

  • Diversity

    B

    75/100

Learn more on Comparably

Appfolio News and Updates

May 10, 2021

AppFolio, Inc. Announces First Quarter 2021 Financial Results

SANTA BARBARA, Calif., May 10, 2021 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ: APPF) ("AppFolio" or the "Company"), a leading provider of cloud-based business software solutions, services, and data analytics to the real estate market, today announced its financial results for the first quarter en…
March 01, 2021

AppFolio, Inc. Announces Fourth Quarter and Fiscal Year 2020 Financial Results

SANTA BARBARA, Calif., March 01, 2021 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ: APPF) ("AppFolio" or the "Company"), today announced its financial results for the fourth quarter and fiscal year ended December 31, 2020. The Company urges investors to read its Annual Report on Form 10-K for the ye…
November 06, 2020

Real Estate Marketing Software 2020 Global Market Key Players - Real Geeks, CoStar, Rezora, Propertybase, AppFolio - Analysis And Forecast To 2026

New Study Reports “Real Estate Marketing Software Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports. Posted via Industry Today. Follow us on Twitter @IndustryToday
September 08, 2020

AppFolio Announces Sale of MyCase to Funds Advised by Apax Partners

SANTA BARBARA, Calif., Sept. 08, 2020 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ: APPF) (“AppFolio” or the “Company”), a leading provider of cloud-based business software solutions, services and data analytics, today announced that it has entered into a definitive agreement to sell 100% of the equ…
August 25, 2020

Teleoperation and Telerobotics in Industrial Internet of Things (IIoT) Market Next Big Thing | Major Giants AppFolio, Buildium, Console Australia, Entrata, MRI Software

The “ Teleoperation and Telerobotics in Industrial Internet of Things (IIoT) - Market Development Scenario ” Study has been added to HTF MI database. The study covers in-depth overview, description about the Product, Industry Scope and elaborates market outlook and growth status to 2027. Posted via…
August 03, 2020

AppFolio, Inc. Announces Second Quarter 2020 Financial Results

SANTA BARBARA, Calif., Aug. 03, 2020 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ: APPF) ("AppFolio" or the "Company"), a leading provider of cloud-based business software solutions, services, and data analytics to the real estate and legal markets, today announced its financial results for the seco…
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Appfolio Blogs

July 23, 2021

The Future is Now: How smart home technology benefits property managers, residents, and owners

You’ve heard it before, but we’ll say it again: The digital transformation of how we interact with the world around...
July 20, 2021

Check Your Property Management Business for These 6 Hidden Inefficiencies

How much longer do you think your current technology solution will be able to keep up with your property management...
July 09, 2021

Why Sustainable Buildings are the Future of Real Estate

Sustainable building infrastructure and green technologies have been gaining traction in recent years, and now they are leading an entirely...
July 01, 2021

The Future of Leadership is Human-Centered

We’ve recently witnessed industry-wide changes that point towards a new way of working that demands a more human-centered approach to...
June 24, 2021

Give Your Property Management Website A Health Check With These 3 Tips

Have you ever visited a website and immediately became turned off by the way it looked? Maybe it even prevented...
June 23, 2021

The Results are In: Challenges & Priorities in Association Management

This past year has forced many association management businesses to pivot and adopt new technologies in order to keep their...
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 Appfolio Frequently Asked Questions

  • When was Appfolio founded?

    Appfolio was founded in 2006.

  • Who are Appfolio key executives?

    Appfolio's key executives are Jason Randall, Klaus Schauser and Jon Walker.

  • How many employees does Appfolio have?

    Appfolio has 1,240 employees.

  • What is Appfolio revenue?

    Latest Appfolio annual revenue is $310.1 m.

  • What is Appfolio revenue per employee?

    Latest Appfolio revenue per employee is $250 k.

  • Who are Appfolio competitors?

    Competitors of Appfolio include Spok Holdings, Entrata and SMS Assist.

  • Where is Appfolio headquarters?

    Appfolio headquarters is located at 50 Castilian Dr, Goleta.

  • Where are Appfolio offices?

    Appfolio has an office in Goleta.

  • How many offices does Appfolio have?

    Appfolio has 1 office.