AppFolio, Inc. (APPF) Spending and interest coverage
- R&D / revenue · 12 months: Value 19.27%; Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 7.17%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | 19.27% | Research and development expense / revenue. Period ending 2026-06-30. $200.61M ÷ $1.04B × 100 ≈ 19.27% |
| Stock-based compensation / revenue · 12 months | 7.17% | Share-based compensation / revenue. Period ending 2026-06-30. $74.58M ÷ $1.04B × 100 ≈ 7.17% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | 200.61M USD | Research and Development Expense |
| Revenue | 1.04B USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | 74.58M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 182.35M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $200.61M | $1.04B | $74.58M | $182.35M | (m) | 19.27% | 7.17% | (m) | (m) |
| 2026-03-31 | $196.29M | $995.33M | $72.41M | $169.88M | (m) | 19.72% | 7.27% | (m) | (m) |
| 2025-12-31 | $190.42M | $950.82M | $70.79M | $152.92M | (m) | 20.03% | 7.45% | (m) | (m) |
| 2025-09-30 | $186.76M | $906.29M | $73.24M | $132.30M | (m) | 20.61% | 8.08% | (m) | (m) |
| 2025-06-30 | $173.39M | $862.67M | $68.48M | $139.82M | (m) | 20.10% | 7.94% | (m) | (m) |
| 2025-03-31 | $166.24M | $824.47M | $64.98M | $135.34M | (m) | 20.16% | 7.88% | (m) | (m) |
| 2024-12-31 | $160.38M | $794.20M | $62.08M | $135.64M | (m) | 20.19% | 7.82% | (m) | (m) |
| 2024-09-30 | $152.93M | $762.37M | $58.69M | $140.93M | (m) | 20.06% | 7.70% | (m) | (m) |
| 2024-06-30 | $153.86M | $722.08M | $58.08M | $98.29M | (m) | 21.31% | 8.04% | (m) | (m) |
| 2024-03-31 | $151.60M | $671.77M | $54.21M | $61.58M | (m) | 22.57% | 8.07% | (m) | (m) |
| 2023-12-31 | $151.36M | $620.45M | $54.85M | $963.00K | (m) | 24.40% | 8.84% | (m) | (m) |
| 2023-09-30 | $147.67M | $572.67M | $55.22M | $-47.23M | (m) | 25.79% | 9.64% | (m) | (m) |
| 2023-06-30 | $135.04M | $532.31M | $50.78M | $-54.98M | (m) | 25.37% | 9.54% | (m) | (m) |
| 2023-03-31 | $124.46M | $502.69M | $49.92M | $-84.23M | (m) | 24.76% | 9.93% | (m) | (m) |
| 2022-12-31 | $111.12M | $471.88M | $43.23M | $-72.37M | (m) | 23.55% | 9.16% | (m) | (m) |
| 2022-09-30 | $99.56M | $443.43M | $35.69M | $-59.76M | (m) | 22.45% | 8.05% | (m) | (m) |
| 2022-06-30 | $87.10M | $414.15M | $28.81M | $-51.95M | (m) | 21.03% | 6.96% | (m) | (m) |
| 2022-03-31 | $75.92M | $385.75M | $21.93M | $-20.88M | (m) | 19.68% | 5.69% | (m) | (m) |
| 2021-12-31 | $65.98M | $359.37M | $17.15M | $-11.88M | (m) | 18.36% | 4.77% | (m) | (m) |
| 2021-09-30 | $58.12M | $336.20M | $12.27M | $-7.29M | (m) | 17.29% | 3.65% | (m) | (m) |
| 2021-06-30 | $55.08M | $324.48M | $11.30M | $-3.92M | (m) | 16.97% | 3.48% | (m) | (m) |
| 2021-03-31 | $51.70M | $316.48M | $10.84M | $1.28M | (m) | 16.34% | 3.43% | (m) | (m) |
| 2020-12-31 | $48.53M | $310.06M | $9.03M | $9.78M | (m) | 15.65% | 2.91% | (m) | (m) |
| 2020-09-30 | $47.88M | $304.99M | $8.69M | $12.62M | (m) | 15.70% | 2.85% | (m) | (m) |
| 2020-06-30 | $45.03M | $288.83M | $7.78M | $13.40M | (m) | 15.59% | 2.69% | (m) | (m) |
| 2020-03-31 | $42.24M | $271.42M | $6.72M | $9.35M | (m) | 15.56% | 2.47% | (m) | (m) |
| 2019-12-31 | $39.51M | $256.01M | $7.31M | $6.46M | (m) | 15.43% | 2.85% | (m) | (m) |
| 2019-09-30 | $35.01M | $239.01M | $7.35M | $9.07M | (m) | 14.65% | 3.07% | (m) | (m) |
| 2019-06-30 | $30.85M | $221.21M | $6.92M | $10.41M | (m) | 13.95% | 3.13% | (m) | (m) |
| 2019-03-31 | $27.26M | $204.82M | $6.57M | $15.43M | (m) | 13.31% | 3.21% | (m) | (m) |
| 2018-12-31 | $24.11M | $190.07M | $6.34M | $19.66M | (m) | 12.69% | 3.33% | (m) | (m) |
| 2018-09-30 | $22.10M | $177.60M | $6.21M | $19.35M | (m) | 12.45% | 3.50% | (m) | (m) |
| 2018-06-30 | $20.03M | $165.38M | $6.04M | $17.45M | (m) | 12.11% | 3.65% | (m) | (m) |
| 2018-03-31 | $18.28M | $154.02M | $6.32M | $12.91M | (m) | 11.87% | 4.10% | (m) | (m) |
| 2017-12-31 | $16.58M | $143.80M | $6.10M | $9.34M | (m) | 11.53% | 4.24% | (m) | (m) |
| 2017-09-30 | $15.11M | $133.92M | $5.76M | $5.66M | (m) | 11.28% | 4.30% | (m) | (m) |
| 2017-06-30 | $14.20M | $124.17M | $5.46M | $868.00K | (m) | 11.44% | 4.40% | (m) | (m) |
| 2017-03-31 | $13.22M | $114.50M | $4.93M | $-4.25M | (m) | 11.55% | 4.31% | (m) | (m) |
| 2016-12-31 | $12.64M | $105.59M | $4.30M | $-8.42M | (m) | 11.97% | 4.07% | (m) | (m) |
| 2016-09-30 | $12.13M | $97.97M | $3.23M | $-11.10M | (m) | 12.38% | 3.29% | (m) | (m) |
| 2016-06-30 | $11.46M | $90.12M | $2.22M | $-14.21M | (m) | 12.71% | 2.46% | (m) | (m) |
| 2016-03-31 | $10.59M | $82.34M | $1.34M | $-15.07M | (m) | 12.86% | 1.62% | (m) | (m) |
| 2015-12-31 | $9.55M | $74.98M | $1.01M | $-15.00M | $800.00K | 12.74% | 1.34% | -18.75× | Reported |
| 2015-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2015-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2015-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2014-12-31 | $6.50M | $47.67M | $892.00K | $-8.56M | (m) | 13.65% | 1.87% | (m) | (m) |
| 2014-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2014-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2013-12-31 | $5.06M | $26.54M | $247.00K | $-7.60M | (m) | 19.05% | 0.93% | (m) | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.