SuperworthAppfolio profit margin APPF
Gross, operating and net profit as a share of revenue over the last twelve months, from 2014.
- Net margin, 12 months
- 15.1%
- Operating margin, 12 months
- 17.5%
- Net margin on a year earlier
- −8.4 pts
- Peer median
- 13.6%
Over the twelve months to Jun 30, 2026, Appfolio kept 15.1% of its revenue as net profit, with an operating margin of 17.5% and a gross margin of 63.5%.
Five years earlier its net margin was 43.0%.
The median for 10 infrastructure software stocks of a similar size is 13.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 14.8% | 16.1% | 63.7% |
| FY2024 | 25.7% | 17.1% | 64.5% |
| FY2023 | 0.4% | 0.2% | 61.6% |
| FY2022 | −14.4% | −15.3% | 59.3% |
| FY2021 | 0.3% | −3.3% | 59.9% |
| FY2020 | 51.1% | 3.2% | 61.6% |
| FY2019 | 14.2% | 2.5% | 60.3% |
| FY2018 | 10.5% | 10.3% | 61.3% |
| FY2017 | 6.8% | 6.5% | 61.6% |
| FY2016 | −7.8% | −8.0% | 57.7% |
| FY2015 | −20.9% | −20.0% | 54.8% |
| FY2014 | −18.1% | −18.0% | 52.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 15.1% | −8.4 pts | 17.5% | |
| Q1 FY26 | 15.3% | −8.6 pts | 17.1% | |
| Q4 FY25 | 14.8% | −10.9 pts | 16.1% | |
| Q3 FY25 | 22.5% | +5.2 pts | 14.6% | |
| Q2 FY25 | 23.5% | +6.2 pts | 16.2% | |
| Q1 FY25 | 23.9% | +12.5 pts | 16.4% | |
| Q4 FY24 | 25.7% | +25.3 pts | 17.1% | |
| Q3 FY24 | 17.3% | +25.5 pts | 18.5% | |
| Q2 FY24 | 17.3% | +31.9 pts | 13.6% | |
| Q1 FY24 | 11.4% | +29.1 pts | 9.2% | |
| Q4 FY23 | 0.4% | +14.9 pts | 0.2% | |
| Q3 FY23 | −8.3% | +3.0 pts | −8.2% |
Against its peers
Companies in Software - Infrastructure nearest Appfolio's size, closest first, today.
| Company | Profit margin |
|---|---|
| APPFAppfolio | 15.1% |
| QLYSQualys | 29.4% |
| PATHUiPath | 21.0% |
| CVLTCommvault Systems | 5.6% |
| OTEXOpen Text | 12.3% |
| DBXDropbox | 17.5% |
| YOUClear Secure | 14.8% |
| SAICScience Applications International | 5.1% |
| BOXBox | 10.6% |
| PCTYPaylocity | 15.2% |
| ACIWACI Worldwide | 12.4% |
| Peer median | 13.6% |
Where Appfolio ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Appfolio
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.