{"schema_version":"secwatch.filing_event.v1","accession":"0001433195-23-000124","form_type":"8-K","ticker":"APPF","cik":"0001433195","company_name":"APPFOLIO INC","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.063081+00:00","generated_at":"2026-06-09T08:22:36.762406+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"AppFolio Q3 revenue up 32% to $165.4M; non-GAAP operating margin improves to 16.1%","bullets":["Revenue $165.4M (+32% YoY); GAAP operating loss narrowed to $0.1M from $7.8M.","Non-GAAP operating income $26.7M (16.1% of revenue) vs $4.7M (3.7%) a year ago.","Non-GAAP free cash flow $33.6M (20.3% of revenue), up from $11.9M (9.5%).","Platform units served grew to ~7.8M from ~7.1M in Q3 2022.","FY2023 guidance: revenue $608-612M; non-GAAP operating margin 10.5-11.0%."],"urls":{"canonical":"https://secwatch.observer/filing/0001433195-23-000124","json":"https://secwatch.observer/filing/0001433195-23-000124.json","markdown":"https://secwatch.observer/filing/0001433195-23-000124.md","text":"https://secwatch.observer/filing/0001433195-23-000124.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1433195/000143319523000124/0001433195-23-000124-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1433195/000143319523000124/appf-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T08:22:36.762406+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9b0a2348360f6d49c1cb0fc16165bdfd600f46ec","claim":"APPFOLIO INC reported third quarter ended September 30, 2023 results: revenue $165.4 million. Guidance reaffirmed.","evidence_excerpt":"on creating exceptional value that powers the future of the real estate industry and sets our customers apart from the rest.\" Financial Highlights • Revenue: Total revenue was $165.4 million in Q3 2023, a 32% increase from $125.1 million in the Q3 2022. • Units Served: Total units on the AppFolio Property Manager platform increased to approximately 7.8 million in Q3","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1433195/000143319523000124/0001433195-23-000124-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$165.4 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}