APPF Appfolio margins

Relative Growth: Rel. Growth: 59

Relative Strength: Rel. Strength: 76

Relative Valuation: Rel. Valuation: 16

Relative Profitability: Rel. Profitability: 85

Gross margin

63.8%

Operating margin

18.8%

EBITDA margin

21.6%

Net margin

15.6%

Current Appfolio reports a gross margin of 63.8%, an operating margin of 18.8%, an EBITDA margin of 21.6%, and a net margin of 15.6%. Operating margin increased the most, by 4.2 percentage points, while net margin fell the most, by 6.9 percentage points.

APPF margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Appfolio's margins averaged 63.73% gross, 14.61% operating, 18.89% EBITDA, and 16.9% net. Currently, gross, operating, and EBITDA margins are above their three-year averages, while net margin is below its three-year average.

APPF margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 0.3 percentage points, operating margin by 4.2 percentage points, and EBITDA margin by 3.1 percentage points, whereas net margin contracted by 6.9 percentage points.

Gross margin expansion

0.3pp

Operating margin expansion

4.2pp

EBITDA margin expansion

3.1pp

Net margin expansion

-6.9pp

APPF Gross margin

Across the last 3 years, Appfolio's gross margin stood at 63.73%. The latest gross margin for Appfolio is 63.8%, 0.1 percentage points above its three-year average. Gross margin was highest at 65% in Sep 2024 and lowest at 61.6% in Dec 2023.

APPF Operating margin

Over the last 3 years, Appfolio had an average operating margin of 14.61%. Against its three-year average, Appfolio's operating margin is currently 18.8%, 4.2 percentage points above its three-year average. Looking back over the last 3 years, Appfolio's operating margin reached 18.8% at its highest point in Sep 2026 and 0.2% at its lowest in Dec 2023.

APPF EBITDA margin

Appfolio recorded an average EBITDA margin of 18.89% across the last 3 years. Appfolio currently reports an EBITDA margin of 21.6%, 2.7 percentage points above its three-year average. The EBITDA margin for Appfolio moved between 6.3% in Dec 2023 and 23.5% in Sep 2024.

APPF Net margin

Across the last 3 years, Appfolio's net margin stood at 16.9%. The current net margin stands at 15.6%, 1.3 percentage points below its three-year average. Net margin was highest at 25.7% in Dec 2024 and lowest at 0.4% in Dec 2023.

APPF margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 63.8%, APPF is above the Technology sector average but below the industry and its peers average. Compared to its Technology sector average of 52.2%, Appfolio's gross margin is 22% higher.

APPF margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Appfolio's gross margin?

For the period ending Sep 30, 2026, APPF recorded a gross margin of 63.8%.

What is Appfolio's operating margin?

The current operating margin for APPF is 18.8% as of Sep 30, 2026.

What is Appfolio's EBITDA margin?

As of Sep 30, 2026, APPF has an EBITDA margin of 21.6%.

What is Appfolio's net margin?

The current net margin for APPF is 15.6% as of Sep 30, 2026.

What are the average margins of APPF?

The three-year average margins for APPF were 63.7% gross, 14.6% operating, 18.9% EBITDA, and 16.9% net.

What are the highest historical margins of APPF?

In the last 5 years, the highest margins reported by APPF were 65% gross in Sep 2024, 18.8% operating in Sep 2026, 23.5% EBITDA in Sep 2024, and 25.7% net in Dec 2024.

What are the lowest historical margins of APPF?

Within the 5-year period, APPF recorded its lowest margins at 59.3% gross in Jun 2022, -16.8% operating in Mar 2023, -8.9% EBITDA in Mar 2023, and -17.7% net in Mar 2023.