APPFOLIO INC
For the period ended Dec 31, 2025. Filed Feb 5, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 5, 2026
APPF$224.76-2.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders' Equity
| Accumulated | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Additional · Other | |||||||||
| Common Stock · Common Stock · Paid-in · Comprehensive · Treasury · Retained | |||||||||
| Class A · Class B · Capital · (Loss) Income · Stock · Earnings · Total | |||||||||
| Shares · Amount · Shares · Amount | |||||||||
| Balance at December 31, 2022 | 20,569 | 2 | 14,746 | 2 | 209,704 | (1,684) | (25,756) | 83,278 | 265,546 |
| Exercise of stock options | 255 | — | — | — | 2,595 | — | — | — | 2,595 |
| Stock-based compensation | — | — | — | — | 53,240 | — | — | — | 53,240 |
| Vesting of restricted stock units, net of shares withheld for taxes | 289 | — | — | — | (28,554) | — | — | — | (28,554) |
| Conversion of Class B common stock to Class A common stock | 630 | — | (630) | — | — | — | — | — | — |
| Issuance of restricted stock awards | 6 | — | — | — | — | — | — | — | — |
| Other comprehensive income | — | — | — | — | — | 1,783 | — | — | 1,783 |
| Net income | — | — | — | — | — | — | — | 2,702 | 2,702 |
| Balance at December 31,2023 | 21,749 | 2 | 14,116 | 2 | 236,985 | 99 | (25,756) | 85,980 | 297,312 |
| Exercise of stock options | 251 | — | — | — | 3,924 | — | — | — | 3,924 |
| Stock-based compensation | — | — | — | — | 61,239 | — | — | — | 61,239 |
| Vesting of restricted stock units, net of shares withheld for taxes | 288 | — | — | — | (47,327) | — | — | — | (47,327) |
| Conversion of Class B common stock to Class A common stock | 953 | — | (953) | — | — | — | — | — | — |
| Other comprehensive income | — | — | — | — | — | 74 | — | — | 74 |
| Net income | — | — | — | — | — | — | — | 204,068 | 204,068 |
| Balance at December 31, 2024 | 23,241 | $2 | 13,163 | $2 | $254,821 | $173 | $(25,756) | $290,048 | $519,290 |
| Exercise of stock options and issuance of common stock under the Employee Stock Purchase Plan | 13 | — | — | — | 1,084 | — | — | — | 1,084 |
| Stock-based compensation | — | — | — | — | 71,397 | — | — | — | 71,397 |
| Vesting of restricted stock units, net of shares withheld for taxes | 262 | — | — | — | (43,248) | — | — | — | (43,248) |
| Conversion of Class B common stock to Class A common stock | 1,508 | 1 | (1,508) | (1) | — | — | — | — | — |
| Repurchase of common stock | (689) | — | — | — | — | — | (146,724) | — | (146,724) |
| Other comprehensive loss | — | — | — | — | — | (143) | — | — | (143) |
| Net income | — | — | — | — | — | — | — | 140,923 | 140,923 |
| Balance at December 31, 2025 | 24,335 | $3 | 11,655 | $1 | $284,054 | $30 | $(172,480) | $430,971 | $542,579 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.