Company / Working Capital
AppFolio Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$246.5M
FY2025
5-year range
$106.0M / $272.1M
FY2021-FY2025
Trend
-9.4%
vs FY2024
Sector context
#191 of 311
Information Technology
What the data says
At $246M, AppFolio's working capital ranks #191 of 311 in the Information Technology sector. Working Capital has fluctuated over the past 10 years, ranging from $11M in FY2016 to $272M in FY2024.
Based on SEC 10-K filings.
$246M in FY2025 with a 5-year CAGR of +10.5%.
Improved from $203M to $246M over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +20.7%
- 5-Year CAGR
- +10.5%
- 10-Year CAGR
- -
Sector benchmark
#191 of 311 in Information TechnologyTop 61% of 311This company $246.5M Sector average $1.7B
▼
-85.6% below sector average
Key checks
Key Insights
- 5-year CAGR of +10.5%, indicating consistent growth.
- In FY2025, working capital decreased 9.4% year-over-year.
- Ranks #191 out of 311 companies in the Information Technology sector.
- Peak working capital was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 4.41 (safe zone, above 2.9 threshold)
- Strong profit margin: 22.5%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 40.8%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $246.5M | -9.4% |
| FY2024 | $272.1M | +34.3% |
| FY2023 | $202.6M | +44.6% |
| FY2022 | $140.1M | +32.3% |
| FY2021 | $106.0M | -29.2% |
| FY2020 | $149.5M | +943.9% |
| FY2019 | $14.3M | -82.0% |
| FY2018 | $79.8M | +166.6% |
| FY2017 | $29.9M | +175.6% |
| FY2016 | $10.9M | +2.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026