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Appfolio (APPF) operating margin by quarter

Appfolio's operating margin was 19.4% in Q3 2026 (third quarter 2026), +0.6 pts from Q2 2026. Over the last 7 quarters it ranged from 14.1% (Q3 2025) to 19.4% (Q3 2026).

Appfolio operating margin by quarterAppfolio operating margin by quarter15.5%Q1 202517.2%Q2 202514.1%Q3 202517.6%Q4 202519.4%Q1 202618.8%Q2 202619.4%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202619.4%+0.6 pts+5.4 pts
Q2 202618.8%-0.5 pts+1.6 pts
Q1 202619.4%+1.8 pts+3.8 pts
Q4 202517.6%+3.5 pts—
Q3 202514.1%-3.1 pts—
Q2 202517.2%+1.7 pts—
Q1 202515.5%——

Q3 2026 at a glance

Appfolio, Q3 2026: revenue $296M (+19% year over year), operating margin 19.4%, net earnings $46.0M, operating cash flow $96.8M. The chart follows the revenue to costs, profit and cash.

Questions

What is Appfolio's operating margin?

Appfolio's operating margin was 19.4% in Q3 2026 (third quarter 2026), +0.6 pts from Q2 2026.

How has Appfolio's operating margin changed?

Over the last 7 quarters it ranged from 14.1% (Q3 2025) to 19.4% (Q3 2026).

Q3 2026 results → · How Appfolio makes money →