Appfolio Inc (APPF)
Quick ratio
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 106,967 | 76,343 | 73,728 | 57,183 | 42,754 | 62,667 | 59,889 | 59,464 | 49,509 | 59,937 | 24,698 | 103,925 | 70,769 | 67,232 | 42,626 | 49,536 | 57,847 | 84,444 | 48,610 | 44,744 |
| Short-term investments | US$ in thousands | 144,256 | 124,056 | 54,088 | 153,881 | 235,745 | 268,951 | 221,693 | 184,298 | 162,196 | 131,589 | 139,273 | 65,022 | 89,297 | 72,018 | 75,425 | 78,389 | 64,600 | 76,034 | 102,978 | 103,341 |
| Receivables | US$ in thousands | 36,873 | 34,346 | 32,543 | 27,462 | 24,346 | 25,581 | 25,691 | 26,179 | 20,709 | 20,359 | 20,033 | 17,416 | 16,503 | 14,884 | 16,175 | 16,154 | 12,595 | 12,184 | 14,973 | 12,524 |
| Total current liabilities | US$ in thousands | 106,847 | 100,432 | 67,589 | 58,606 | 63,280 | 63,697 | 63,349 | 56,057 | 69,766 | 74,147 | 74,711 | 79,827 | 61,343 | 57,765 | 54,719 | 54,020 | 52,642 | 49,202 | 48,785 | 43,037 |
| Quick ratio | 2.70 | 2.34 | 2.37 | 4.07 | 4.79 | 5.61 | 4.85 | 4.82 | 3.33 | 2.86 | 2.46 | 2.33 | 2.88 | 2.67 | 2.45 | 2.67 | 2.57 | 3.51 | 3.41 | 3.73 |
December 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($106,967K
+ $144,256K
+ $36,873K)
÷ $106,847K
= 2.70
Peer comparison
Dec 31, 2025
Company name
Symbol
Quick ratio
Appfolio Inc
APPF
2.70
Adobe Systems Incorporated
ADBE
0.88
Bentley Systems Inc
BSY
0.44
Fair Isaac Corporation
FICO
0.78
Guidewire Software Inc
GWRE
2.61
Manhattan Associates Inc
MANH
1.21
PTC Inc
PTC
1.43
Q2 Holdings
QTWO
0.82
Roper Technologies, Inc.
ROP
0.46
ServiceNow Inc
NOW
0.85