Appfolio annual r&d spending
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2025
Appfolio R&D Spending Growth & History (APPF)
Appfolio's r&d spending was $190.4M for fiscal 2025.
View full Appfolio company overviewAppfolio annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $190.4M | $30.0M | +18.73% |
| 2024 | 2024-12-31 | $160.4M | $9.0M | +5.95% |
| 2023 | 2023-12-31 | $151.4M | $40.2M | +36.22% |
| 2022 | 2022-12-31 | $111.1M | $45.1M | +68.41% |
| 2021 | 2021-12-31 | $66.0M | $17.5M | +35.96% |
| 2020 | 2020-12-31 | $48.5M | $9.0M | +22.83% |
| 2019 | 2019-12-31 | $39.5M | $15.4M | +63.86% |
| 2018 | 2018-12-31 | $24.1M | $7.5M | +45.44% |
| 2017 | 2017-12-31 | $16.6M | $3.9M | +31.18% |
| 2016 | 2016-12-31 | $12.6M | $3.1M | +32.28% |
| 2015 | 2015-12-31 | $9.6M | $3.0M | +46.87% |
| 2014 | 2014-12-31 | $6.5M | $1.4M | +28.63% |
| 2013 | 2013-12-31 | $5.1M | — | — |
Appfolio quarterly r&d spending
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Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $51.0M | $4.3M | +9.26% |
| Q1 2026 | 2026-03-31 | $49.6M | $5.9M | +13.42% |
| Q4 2025 | 2025-12-31 | $46.0M | $3.7M | +8.64% |
| Q3 2025 | 2025-09-30 | $54.0M | $13.4M | +32.89% |
| Q2 2025 | 2025-06-30 | $46.7M | $7.2M | +18.10% |
| Q1 2025 | 2025-03-31 | $43.8M | $5.9M | +15.47% |
| Q4 2024 | 2024-12-31 | $42.3M | $7.4M | +21.38% |
| Q3 2024 | 2024-09-30 | $40.7M | −$930,000 | −2.24% |
| Q2 2024 | 2024-06-30 | $39.5M | $2.3M | +6.06% |
| Q1 2024 | 2024-03-31 | $37.9M | $233,000 | +0.62% |
| Q4 2023 | 2023-12-31 | $34.8M | $3.7M | +11.86% |
| Q3 2023 | 2023-09-30 | $41.6M | $12.6M | +43.62% |
| Q2 2023 | 2023-06-30 | $37.3M | $10.6M | +39.63% |
| Q1 2023 | 2023-03-31 | $37.7M | $13.3M | +54.86% |
| Q4 2022 | 2022-12-31 | $31.2M | $11.6M | +59.01% |
| Q3 2022 | 2022-09-30 | $29.0M | $12.5M | +75.51% |
| Q2 2022 | 2022-06-30 | $26.7M | $11.2M | +72.11% |
| Q1 2022 | 2022-03-31 | $24.3M | $9.9M | +69.09% |
| Q4 2021 | 2021-12-31 | $19.6M | $7.9M | +66.95% |
| Q3 2021 | 2021-09-30 | $16.5M | $3.0M | +22.64% |
| Q2 2021 | 2021-06-30 | $15.5M | $3.4M | +27.85% |
| Q1 2021 | 2021-03-31 | $14.4M | $3.2M | +28.28% |
| Q4 2020 | 2020-12-31 | $11.7M | $649,000 | +5.85% |
| Q3 2020 | 2020-09-30 | $13.5M | $2.9M | +26.90% |
| Q2 2020 | 2020-06-30 | $12.1M | $2.8M | +29.86% |
| Q1 2020 | 2020-03-31 | $11.2M | $2.7M | +32.20% |
| Q4 2019 | 2019-12-31 | $11.1M | $4.5M | +68.28% |
| Q3 2019 | 2019-09-30 | $10.6M | $4.2M | +64.63% |
| Q2 2019 | 2019-06-30 | $9.3M | $3.6M | +62.42% |
| Q1 2019 | 2019-03-31 | $8.5M | $3.1M | +59.03% |
| Q4 2018 | 2018-12-31 | $6.6M | $2.0M | +43.84% |
| Q3 2018 | 2018-09-30 | $6.4M | $2.1M | +47.47% |
| Q2 2018 | 2018-06-30 | $5.8M | $1.7M | +43.68% |
| Q1 2018 | 2018-03-31 | $5.3M | $1.7M | +46.96% |
| Q4 2017 | 2017-12-31 | $4.6M | $1.5M | +47.41% |
| Q3 2017 | 2017-09-30 | $4.4M | $903,000 | +26.07% |
| Q2 2017 | 2017-06-30 | $4.0M | $978,000 | +32.34% |
| Q1 2017 | 2017-03-31 | $3.6M | $586,000 | +19.26% |
| Q4 2016 | 2016-12-31 | $3.1M | $513,000 | +19.78% |
| Q3 2016 | 2016-09-30 | $3.5M | $667,000 | +23.85% |
| Q2 2016 | 2016-06-30 | $3.0M | $870,000 | +40.39% |
| Q1 2016 | 2016-03-31 | $3.0M | $1.0M | +51.47% |
| Q4 2015 | 2015-12-31 | $2.6M | — | — |
| Q3 2015 | 2015-09-30 | $2.8M | $959,000 | +52.18% |
| Q2 2015 | 2015-06-30 | $2.2M | $578,000 | +36.68% |
| Q1 2015 | 2015-03-31 | $2.0M | — | — |
| Q3 2014 | 2014-09-30 | $1.8M | — | — |
| Q2 2014 | 2014-06-30 | $1.6M | — | — |
Appfolio r&d spending trends
Over the last five fiscal years, Appfolio's r&d spending increased from $48.5M to $190.4M, a change of $141.9M. The latest reported quarter, Q2 2026, shows $51.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Appfolio source filings ↗