{"schema_version":"secwatch.filing_event.v1","accession":"0001433195-24-000052","form_type":"8-K","ticker":"APPF","cik":"0001433195","company_name":"APPFOLIO INC","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.391386+00:00","generated_at":"2026-06-03T07:48:20.243201+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"AppFolio Q1 revenue up 38% to $187.4M; swings to GAAP operating income of $34.1M","bullets":["Revenue $187.4M (+38% YoY); total units under management 8.3M (+11%).","GAAP operating income $34.1M (18.2% rev) vs loss of $26.5M in Q1 2023.","Non-GAAP operating income $48.2M (25.7% rev) vs loss of $2.1M.","Non-GAAP free cash flow $41.0M (21.9% rev) vs negative $0.4M in prior year.","FY2024 guidance: revenue $766-774M; non-GAAP op margin 23-24%; FCF margin 21-23%."],"urls":{"canonical":"https://secwatch.observer/filing/0001433195-24-000052","json":"https://secwatch.observer/filing/0001433195-24-000052.json","markdown":"https://secwatch.observer/filing/0001433195-24-000052.md","text":"https://secwatch.observer/filing/0001433195-24-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1433195/000143319524000052/0001433195-24-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1433195/000143319524000052/appf-20240425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T07:48:20.243201+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":"5823f971611b84cc5a9521de3809ac690bdf1c42","claim":"APPFOLIO INC reported first quarter ended March 31, 2024 results: revenue $187.4 million. Guidance reaffirmed.","evidence_excerpt":"Our deep connection to customers is paving the way for AppFolio’s continued success.” Financial Highlights for First Quarter of 2024 • Revenue grew 38% year-over-year to $187.4 million. • Total units under management grew 11% year-over-year to 8.3 million. • GAAP operating income was $34.1 million, or 18.2% of revenue, compared to an operating loss of ($26.5","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1433195/000143319524000052/0001433195-24-000052-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$187.4 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"}