AppFolio Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2013
Revenue	620.45	471.88	359.37	310.06	256.01	Upgrade
Revenue Growth (YoY)	31.48%	31.31%	15.90%	21.11%	34.69%	Upgrade
Cost of Revenue	238.08	191.83	143.94	119.03	101.64	Upgrade
Gross Profit	382.37	280.06	215.43	191.03	154.37	Upgrade
Selling, General & Admin	201.05	208.19	130.48	105.93	86.01	Upgrade
Research & Development	151.36	111.12	65.98	48.53	39.51	Upgrade
Other Operating Expenses	28.99	33.12	30.85	26.79	22.4	Upgrade
Operating Expenses	381.41	352.43	227.3	181.24	147.91	Upgrade
Operating Income	0.96	-72.37	-11.88	9.78	6.46	Upgrade
Interest Expense / Income	0	0	0	1.85	1.65	Upgrade
Other Expense / Income	-7.03	-5.65	-13.61	-188.9	-0.02	Upgrade
Pretax Income	8	-66.72	1.73	196.83	4.82	Upgrade
Income Tax	5.3	1.4	0.71	38.43	-31.46	Upgrade
Net Income	2.7	-68.12	1.03	158.4	36.28	Upgrade
Net Income Growth	-	-	-99.35%	336.59%	81.71%	Upgrade
Shares Outstanding (Basic)	36	35	35	34	34	Upgrade
Shares Outstanding (Diluted)	36	35	36	36	36	Upgrade
Shares Change	4.02%	-1.94%	-0.03%	0.41%	0.01%	Upgrade
EPS (Basic)	0.08	-1.95	0.03	4.62	1.07	Upgrade
EPS (Diluted)	0.07	-1.95	0.03	4.44	1.02	Upgrade
EPS Growth	-	-	-99.32%	335.29%	82.14%	Upgrade
Free Cash Flow	46.42	4.14	2.67	3.22	9.81	Upgrade
Free Cash Flow Per Share	1.30	0.12	0.08	0.09	0.29	Upgrade
Gross Margin	61.63%	59.35%	59.95%	61.61%	60.30%	Upgrade
Operating Margin	0.16%	-15.34%	-3.31%	3.16%	2.52%	Upgrade
Profit Margin	0.44%	-14.44%	0.29%	51.09%	14.17%	Upgrade
Free Cash Flow Margin	7.48%	0.88%	0.74%	1.04%	3.83%	Upgrade
Effective Tax Rate	66.21%	-	40.72%	19.52%	-652.27%	Upgrade
EBITDA	36.63	-32.71	33.97	227.89	32.25	Upgrade
EBITDA Margin	5.90%	-6.93%	9.45%	73.50%	12.60%	Upgrade
Depreciation & Amortization	28.63	34.01	32.23	29.21	25.77	Upgrade
EBIT	8	-66.72	1.73	198.68	6.48	Upgrade
EBIT Margin	1.29%	-14.14%	0.48%	64.08%	2.53%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).