AppFolio, Inc.APPFNASDAQ
Loading
R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+19.7%
5Y CAGR+31.4%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+19.7%/yr
vs +46.5%/yr prior
5Y CAGR
+31.4%/yr
Recent deceleration
Acceleration
-26.9pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
3.9x
Strong expansion
Streak
9 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$190.42M+18.7%
2024$160.38M+6.0%
2023$151.36M+36.2%
2022$111.12M+68.4%
2021$65.98M+36.0%
2020$48.53M+22.8%
2019$39.51M+63.9%
2018$24.11M+45.4%
2017$16.58M+31.2%
2016$12.64M-