Appfolio Inc (APPF)

Return on equity (ROE)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Net income US$ in thousands 140,923 204,068 2,702 -68,119 1,028
Total stockholders’ equity US$ in thousands 519,290 297,312 265,546 297,381
ROE 39.30% 0.91% -25.65% 0.35%

December 31, 2025 calculation

ROE = Net income ÷ Total stockholders’ equity
= $140,923K ÷ $—K
= —