Appfolio Inc (APPF)

Operating return on assets (Operating ROA)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 152,917 135,644 963 -72,370 -11,878
Total assets US$ in thousands — 626,678 408,889 381,217 408,017
Operating ROA — 21.64% 0.24% -18.98% -2.91%

December 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $152,917K ÷ $—K
= —