APPFOLIO INC (APPF) Form 8-K — Jul 23, 2026
AppFolio reported financial results for the second quarter ended June 30, 2026, demonstrating strong momentum with 19% year-over-year revenue growth to $281 million. For the first time, the company crossed $1 billion in revenue on a trailing twelve-month basis, reflecting increasing adoption of its products and services by real estate operators. Profitability expanded significantly during the quarter, with GAAP operating income growing 31% to $53 million and non-GAAP operating income rising 24% to $76 million. Net cash provided by operating activities reached $88 million, representing 31.2% of revenue, up from 22.3% in the prior year period.
Key figures
- Eps
- 1.17
- Revenue
- 281000000
- Guidance
- Full year revenue range is increasing to $1.117 - $1.127 billion. Full year non-GAAP operating margin range as a percentage of revenue is increasing to 26.5% - 28.0%.
- Net Income
- 41544000
- Revenue Yoy
- 19%
- Cash Position
- 217401000
- Gaap Operating Income
- 53000000
- Units Under Management
- 9.6 million
- Net Cash From Operations
- 88000000
- Non Gaap Operating Income
- 76000000
Price after filing
Close on the filing date to close N calendar days later (from $167.84). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.