Quarterly reports
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%.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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%.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
AppFolio, Inc. continues to revolve around its mission to deliver tailored software solutions to the real estate and legal sectors.
AppFolio, Inc. specializes in cloud-based software solutions for the real estate and legal markets, focusing on small and medium-sized businesses.
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.
AppFolio, Inc. results for Q1 2018 illustrate a continued emphasis on growth, particularly within the real estate market through their cloud-based software solutions.
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.
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.
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.
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.
AppFolio, a provider of cloud-based software solutions for SMBs in property management and legal industries, saw substantial growth in FY2016.
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.
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.
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.
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.
AppFolio specializes in providing cloud-based software solutions predominantly for small and medium-sized businesses (SMBs) in the property management and legal industries.
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.
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.