AppFolio, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $107.0M | $42.5M | $49.5M | $70.8M | $57.8M | $140.3M | $15.8M | $74.1M |
| Accounts Receivable | $36.9M | $24.3M | $20.7M | $16.5M | $12.6M | $10.1M | $7.6M | $5.5M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $353.3M | $335.4M | $272.4M | $201.5M | $158.6M | $199.4M | $61.8M | $108.0M |
| Property, Plant & Equipment | $23.2M | $24.5M | $28.4M | $26.1M | $30.5M | $26.4M | $14.7M | $6.9M |
| Goodwill | $96.4M | $96.4M | $56.1M | $56.1M | $56.1M | $56.1M | $58.4M | $15.5M |
| Intangible Assets (Excl. Goodwill) | $38.8M | $49.1M | $2.4M | $4.8M | $11.7M | $16.4M | $21.4M | $5.9M |
| Total Assets | $689.0M | $626.7M | $408.9M | $381.2M | $408.0M | $389.5M | $260.1M | $175.7M |
| Liabilities | ||||||||
| Accounts Payable | $4.1M | $2.4M | $1.1M | $2.5M | $1.7M | $1.0M | $1.9M | $1.5M |
| Total Current Liabilities | $106.8M | $63.3M | $69.8M | $61.3M | $52.6M | $49.8M | $47.5M | $28.2M |
| Long-Term Debt | — | — | — | — | — | — | $47.4M | $48.6M |
| Total Liabilities | $146.4M | $107.4M | $111.6M | $115.7M | $110.6M | $103.6M | $128.2M | $83.9M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $431.0M | $290.0M | $86.0M | $83.3M | $151.4M | $150.4M | $-8.0M | $-44.3M |
| Total Stockholders' Equity | $542.6M | $519.3M | $297.3M | $265.5M | $297.4M | $285.9M | $132.0M | $91.8M |