APPFOLIO INC

APPFOLIO INC earnings

APPF

45 quarterly earnings reports from Q2 FY2015 to Q2 FY2026: Summary, reported figures, guidance, risks and SaaS KPIs.

Quarterly reports

Q2 FY2026
Quarter ended Jun 2026

AppFolio's fiscal 2026 second quarter produced revenue of $281.1 million, up 19.3% from the prior-year quarter. Revenue for the six months ended June 30, 2026 was $543.3 million, up 19.9%.

3 KPIs9 guidance items4 risks
$281.1M
Revenue · +19.3% YoY
Op. margin 18.8%
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Q1 FY2026
Quarter ended Mar 2026

AppFolio started fiscal 2026 with strong top-line growth and wider profitability. First quarter revenue rose 20.4% year over year to $262.2 million. GAAP operating income climbed 50.2% to $50.7 million, and the GAAP operating margin expanded to 19.4%, up 3.8 percentage points.

3 KPIs9 guidance items6 risks
$262.2M
Revenue · +20.4% YoY
Op. margin 19.4%
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Q4 FY2025
Quarter ended Dec 2025

AppFolio reported fourth quarter revenue of $248.2 million, up 21.9% from $203.7 million in the prior-year quarter. Full fiscal year revenue reached $950.8 million, up 19.7% from $794.2 million.

4 KPIs9 guidance items10 risks
$248.2M
Revenue · +21.9% YoY
Op. margin 17.6%
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Q3 FY2025
Quarter ended Sep 2025

AppFolio's third quarter of fiscal 2025 showed strong top-line momentum. Revenue reached $249.35 million, up 21.2% year over year. Total units under management grew 7% year over year to 9.1 million. The company had 21,759 property management customers as of September 30, 2025, compared with 20,403 a year earlier.

4 KPIs9 guidance items4 risks
$249.4M
Revenue · +21.2% YoY
Op. margin 14.1%
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Q2 FY2025
Quarter ended Jun 2025

AppFolio entered the second half of fiscal 2025 with $235.6 million in second-quarter revenue, up 19.4% from the prior-year quarter. Property management units under management rose 6% year over year to 8.9 million, up from 8.4 million a year earlier.

4 KPIs9 guidance items6 risks
$235.6M
Revenue · +19.4% YoY
Op. margin 17.2%
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Q1 FY2025
Quarter ended Mar 2025

AppFolio opened fiscal 2025 with revenue of $217.7 million, up 16.2% from the prior-year quarter. Total property management units under management reached 8.8 million, up 6% year over year, and property management customers were 21,105 at March 31, 2025, compared with 19,941 a year earlier.

3 KPIs9 guidance items2 risks
$217.7M
Revenue · +16.1% YoY
Op. margin 15.5%
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Q4 FY2024
Quarter ended Dec 2024

AppFolio closed fiscal 2024 with fourth quarter revenue of $203.7 million, up 18.5% from the prior-year quarter. Full-year revenue reached $794.2 million, up 28.0% from fiscal 2023. The quarter capped a year of product and platform work, including new AppFolio Realm-X capabilities and a transformed resident vision.

4 KPIs9 guidance items11 risks
$203.7M
Revenue · +18.5% YoY
Op. margin 11.3%
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Q3 FY2024
Quarter ended Sep 2024

AppFolio reported revenue of $205.7 million for the quarter ended September 30, 2024, up 24.4% from the prior-year quarter. Value Added Services carried the growth, rising 28% to $157.7 million as residents and property managers transacted more business online.

4 KPIs10 guidance items
$205.7M
Revenue · +24.4% YoY
Op. margin 20.7%
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Q2 FY2024
Quarter ended Jun 2024

AppFolio reported second quarter fiscal 2024 results on July 25, 2024. AppFolio describes itself as a technology leader powering the future of the real estate industry. Revenue rose 34.2% year over year to $197.4 million. Total units under management grew 9% to 8.4 million.

6 KPIs10 guidance items
$197.4M
Revenue · +34.2% YoY
Op. margin 18.3%
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Q1 FY2024
Quarter ended Mar 2024

AppFolio's fiscal 2024 first quarter, ended March 31, 2024, delivered a sharp swing to profitability. Revenue reached $187.4 million, up 37.7% from the prior-year quarter. GAAP operating income was $34.1 million, or 18.2% of revenue, compared with an operating loss a year earlier.

6 KPIs10 guidance items5 risks
$187.4M
Revenue · +37.7% YoY
Op. margin 18.2%
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Q4 FY2023
Quarter ended Dec 2023

AppFolio closed fiscal 2023 with a sharp swing to profitability in the fourth quarter. Revenue for the quarter ended December 31, 2023 was $171.8 million, up 38.5% from the prior-year quarter. GAAP operating income was $28.2 million, up $48.2 million from the prior-year quarter and swung to a profit.

6 KPIs10 guidance items9 risks
$171.8M
Revenue · +38.5% YoY
Op. margin 16.4%
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Q3 FY2023
Quarter ended Sep 2023

AppFolio's fiscal 2023 third quarter showed a business growing quickly and, on a non-GAAP basis, producing real profit. Revenue reached $165.4 million, up 32% from $125.1 million in the same quarter a year earlier. The GAAP operating loss narrowed to $0.07 million from $7.8 million.

6 KPIs10 guidance items
$165.4M
Revenue · +32.3% YoY
Op. margin -0.0%
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Q2 FY2023
Quarter ended Jun 2023

AppFolio's fiscal 2023 second quarter revenue reached $147.1 million, up 25.2% from the prior-year quarter. The company served about 7.7 million property management units at June 30, 2023, up from about 6.8 million a year earlier, and counted 19,145 property management customers against 17,878.

5 KPIs10 guidance items4 risks
$147.1M
Revenue · +25.2% YoY
Op. margin -0.5%
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Q1 FY2023
Quarter ended Mar 2023

AppFolio's first quarter fiscal 2023 revenue rose 29.3% to $136.1 million. This growth came from more units under management, which increased to about 7.5 million from about 6.6 million a year earlier. That is roughly 14% unit growth. Property management customers also grew to 18,834 from 17,550.

6 KPIs9 guidance items3 risks
$136.1M
Revenue · +29.3% YoY
Op. margin -19.5%
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Q4 FY2022
Quarter ended Dec 2022

AppFolio closed fiscal 2022 with fourth-quarter revenue of $124.1 million, up 29.8% from $95.6 million in the prior-year quarter. Full-year revenue was $471.9 million, up 31.3% from $359.4 million in 2021.

6 KPIs9 guidance items11 risks
$124.1M
Revenue · +29.8% YoY
Op. margin -16.1%
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Q3 FY2022
Quarter ended Sep 2022

AppFolio grew revenue 31% in the third quarter of fiscal 2022, reaching $125.1 million from $95.8 million a year earlier. Growth is coming from a larger and busier customer base.

6 KPIs7 guidance items3 risks
$125.1M
Revenue · +30.6% YoY
Op. margin -6.3%
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Q2 FY2022
Quarter ended Jun 2022

AppFolio reported total revenue of $117.4 million for the second quarter of 2022, up 31.9% from $89.0 million in the second quarter of 2021. The earnings release framed the result as revenue growth of 32%.

6 KPIs7 guidance items5 risks
$117.5M
Revenue · +31.9% YoY
Op. margin -25.5%
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Q1 FY2022
Quarter ended Mar 2022

AppFolio crossed the $100 million mark in quarterly revenue for the first time in the first quarter of fiscal 2022. Revenue reached $105.3 million, up 33.4% from the prior-year quarter.

3 KPIs5 guidance items2 risks
$105.3M
Revenue · +33.4% YoY
Op. margin -13.9%
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Q4 FY2021
Quarter ended Dec 2021

AppFolio closed fiscal 2021 with fourth quarter revenue of $95.6 million, up 32.0% from the prior-year quarter. Units under management reached 6.35 million at December 31, 2021, up from 5.36 million a year earlier. Full fiscal year revenue was $359.4 million, up 15.9%. Growth came from both sides of the house.

1 KPIs3 guidance items12 risks
$95.6M
Revenue · +32.0% YoY
Op. margin -7.7%
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Q3 FY2021
Quarter ended Sep 2021

AppFolio reported third-quarter revenue of $95.81 million, up 13.9% from the prior-year quarter. The top line came with steady customer and unit growth. Property manager customers reached 16,844 at September 30, 2021, and property manager units under management reached 6.04 million.

2 KPIs2 guidance items13 risks
$95.8M
Revenue · +13.9% YoY
Op. margin -0.0%
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Q2 FY2021
Quarter ended Jun 2021

AppFolio reported second quarter revenue of $89.0 million for the period ended June 30, 2021, up 9.9% from the prior-year quarter. Year-to-date revenue was $168.0 million, up 9.4% from the first half of 2020.

2 KPIs2 guidance items8 risks
$89.0M
Revenue · +9.9% YoY
Op. margin 1.3%
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Q1 FY2021
Quarter ended Mar 2021

AppFolio reported revenue of $78.9 million for the quarter ended March 31, 2021, up 8.9% from $72.5 million in the prior-year quarter. The mix shifted sharply. Core solutions revenue slipped 3% to $24.2 million. Value+ services revenue rose 17% to $51.5 million.

4 KPIs2 guidance items12 risks
$78.9M
Revenue · +8.9% YoY
Op. margin -7.2%
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Q4 FY2020
Quarter ended Dec 2020

AppFolio operates in the SaaS space with a focus on property management solutions. Throughout FY2020, the company demonstrated resilience amidst the challenges posed by the COVID-19 pandemic.

2 risks
$72.4M
Revenue · +7.5% YoY
Op. margin -3.8%
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Q3 FY2020
Quarter ended Sep 2020

AppFolio's third quarter of the fiscal year 2020 was marked by significant changes and challenges primarily driven by the ongoing COVID-19 pandemic and strategic corporate maneuvers. One of the most prominent developments was the sale of MyCase, a subsidiary focused on legal practice software, for $193 million.

3 risks
$84.1M
Revenue · +23.8% YoY
Op. margin 4.0%
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Q2 FY2020
Quarter ended Jun 2020

AppFolio's fiscal Q2 2020 presentation reflects a business grappling with the macroeconomic uncertainties of the COVID-19 pandemic while maintaining focus on long-term strategic growth.

3 KPIs2 risks
$81.0M
Revenue · +27.4% YoY
Op. margin 7.8%
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Q1 FY2020
Quarter ended Mar 2020

AppFolio faced an eventful first quarter of 2020, navigating through the initial impacts of the COVID-19 pandemic. The company experienced healthy demand at the start of the year for its software solutions targeted primarily at the real estate industry, which constitutes over 90% of its revenue.

3 KPIs3 risks
$72.5M
Revenue · +27.0% YoY
Op. margin 3.9%
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Q4 FY2019
Quarter ended Dec 2019

AppFolio continues to drive growth through its industry-specific, cloud-based business software solutions primarily targeting the vast real estate market. With over 90% of its revenue generated from this sector, AppFolio offers a variety of products to streamline and optimize property management.

3 risks
$67.4M
Revenue · +33.8% YoY
Op. margin 0.1%
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Q3 FY2019
Quarter ended Sep 2019

AppFolio demonstrated continued commitment to its long-term growth strategy during FY2019 Q3. The company's focus remains on expanding its core markets, real estate and legal, while developing adjacent opportunities and enhancing its product offerings.

3 risks
$67.9M
Revenue · +35.5% YoY
Op. margin 6.1%
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Q2 FY2019
Quarter ended Jun 2019

This quarter, AppFolio's focus remained firmly on long-term growth over short-term financial metrics, highlighting a strategy that continues to prioritize product innovation and expansion into new markets.

2 risks
$63.6M
Revenue · +34.7% YoY
Op. margin 3.6%
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Q1 FY2019
Quarter ended Mar 2019

AppFolio, Inc. is pushing forward with its mission to revolutionize vertical industry businesses, continuously enhancing its cloud-based software for the real estate and legal markets.

3 KPIs3 risks
$57.1M
Revenue · +34.8% YoY
Op. margin -0.1%
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Q4 FY2018
Quarter ended Dec 2018

AppFolio, Inc. continues to revolve around its mission to deliver tailored software solutions to the real estate and legal sectors.

3 risks
$50.4M
Revenue · +32.9% YoY
Op. margin 5.3%
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Q3 FY2018
Quarter ended Sep 2018

AppFolio, Inc. specializes in cloud-based software solutions for the real estate and legal markets, focusing on small and medium-sized businesses.

$50.1M
Revenue · +32.3% YoY
Op. margin 10.9%
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Q2 FY2018
Quarter ended Jun 2018

AppFolio, Inc., primarily focusing on the real estate market with their Property Management software solution, has shown continued strong performance and an intention to drive further growth through market expansions and increased investment in their product offerings.

$47.2M
Revenue · +31.7% YoY
Op. margin 15.5%
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Q1 FY2018
Quarter ended Mar 2018

AppFolio, Inc. results for Q1 2018 illustrate a continued emphasis on growth, particularly within the real estate market through their cloud-based software solutions.

$42.3M
Revenue · +31.8% YoY
Op. margin 9.9%
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Q4 FY2017
Quarter ended Dec 2017

AppFolio, Inc. continues to demonstrate a strong presence in the real estate market with its comprehensive software solutions for property managers. The fourth quarter saw active expansions in both their real estate and legal software segments, underscoring a consistent growth trajectory.

2 risks
$37.9M
Revenue · +35.3% YoY
Op. margin 6.3%
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Q3 FY2017
Quarter ended Sep 2017

AppFolio has demonstrated a notable trajectory in its fiscal Q3 2017 by continuing to focus on expanding its customer base and enhancing its software solutions for the SMB market in the property management and legal industries.

$37.9M
Revenue · +34.6% YoY
Op. margin 9.5%
Read report →
Q2 FY2017
Quarter ended Jun 2017

AppFolio, a provider of cloud-based software solutions for small and medium-sized businesses, reported focused efforts on revenue growth while maintaining discipline in its investments.

3 KPIs
$35.9M
Revenue · +36.9% YoY
Op. margin 7.7%
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Q1 FY2017
Quarter ended Mar 2017

AppFolio's Q1 2017 financial performance showed strong growth, driven primarily by its property management solutions. The company reported revenues of $32.1 million, up from $23.2 million in the same period the previous year, highlighting a significant year-over-year increase.

$32.1M
Revenue · +38.4% YoY
Op. margin 1.9%
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Q4 FY2016
Quarter ended Dec 2016

AppFolio, a provider of cloud-based software solutions for SMBs in property management and legal industries, saw substantial growth in FY2016.

2 risks
$28.0M
Revenue · +37.3% YoY
Op. margin -4.6%
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Q3 FY2016
Quarter ended Sep 2016

AppFolio, Inc. (APPF) continues to expand its market presence as a provider of cloud-based software solutions, specifically targeting small and medium-sized businesses (SMBs) in the property management and legal industries.

$28.2M
Revenue · +38.7% YoY
Op. margin -4.3%
Read report →
Q2 FY2016
Quarter ended Jun 2016

The information available for AppFolio for Q2 2016 offers insights into its overall strategy and operational focus. AppFolio's primary revenue comes from its property management software solutions targeted at small and medium-sized businesses (SMBs) in the property management and legal sectors.

$26.2M
Revenue · +42.2% YoY
Op. margin -9.0%
Read report →
Q1 FY2016
Quarter ended Mar 2016

AppFolio, a provider of cloud-based software solutions for the property management and legal industries, has displayed significant progress in expanding its customer base and enhancing its offerings.

$23.2M
Revenue
Op. margin -15.5%
Read report →
Q4 FY2015
Quarter ended Dec 2015

AppFolio, a cloud-based SaaS provider targeting SMBs in the property management and legal sectors, recorded impressive growth in FY2015, with total revenues rising by 57% to $74.977 million.

2 risks
$20.4M
Revenue
Op. margin -19.4%
Read report →
Q3 FY2015
Quarter ended Sep 2015

AppFolio specializes in providing cloud-based software solutions predominantly for small and medium-sized businesses (SMBs) in the property management and legal industries.

$20.3M
Revenue
Op. margin -21.2%
Read report →
Q2 FY2015
Quarter ended Jun 2015

AppFolio, Inc., which began by providing cloud-based SaaS solutions primarily for the property management and legal verticals, remained focused on increasing its customer base, enhancing the use of its Value+ services, and managing significant growth in its organizational infrastructure.

2 risks
$18.4M
Revenue
Op. margin -17.4%
Read report →

Summaries, guidance, risks and KPIs are generated from the company's SEC filings (10-Q / 10-K and the 8-K earnings release) and checked against the reported XBRL figures. They can contain errors; the filings are authoritative.