---
schema_version: "secwatch.filing_event.v1"
accession: "0001433195-22-000110"
form_type: "8-K"
ticker: "APPF"
cik: "0001433195"
company_name: "APPFOLIO INC"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-22T23:56:40.963581+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AppFolio Q3 revenue up 31% to $125.1M; units served exceed 7.1M; GAAP loss $7.8M

## Summary
- Revenue $125.1M (+31% YoY); non-GAAP op income $4.7M vs $3.8M in Q3 2021.
- Units on Property Manager platform ~7.1M, up from 6.0M YoY (second consecutive quarter of >1M unit growth).
- GAAP loss from operations $7.8M (6% of revenue) vs break-even in Q3 2021.
- Non-GAAP free cash flow $11.9M (10% of rev) vs $6.8M (7%) in prior year; cash and securities $184.5M.
- FY 2022 outlook: revenue $462-466M, non-GAAP op margin loss 1.5-2.5%, weighted shares ~35M.

## SEC filing metadata
- accession: 0001433195-22-000110
- form_type: 8-K
- ticker: APPF
- cik: 0001433195
- company_name: APPFOLIO INC
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1433195/000143319522000110/0001433195-22-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1433195/000143319522000110/appf-20221027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001433195-22-000110
- JSON: https://secwatch.observer/filing/0001433195-22-000110.json
- Plain text: https://secwatch.observer/filing/0001433195-22-000110.txt

## Key facts
- Earnings Releases
  APPFOLIO INC reported fiscal year 2022 results: revenue $462 million to $466 million. Guidance reaffirmed.
  - Period: fiscal year 2022
  - Revenue: $462 million to $466 million
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Full year revenue is expected to be in the range of $462 million to $466 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433195/000143319522000110/0001433195-22-000110-index.htm
- Earnings Releases
  APPFOLIO INC reported third quarter ended September 30, 2022 results: revenue $125.1 million.
  - Period: third quarter ended September 30, 2022
  - Revenue: $125.1 million
  - Result: reported results
  source text: Total revenue was $125.1 million in the third quarter of 2022, a 31% increase from $95.8 million in the third quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433195/000143319522000110/0001433195-22-000110-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.