---
schema_version: "secwatch.filing_event.v1"
accession: "0001433195-24-000103"
form_type: "8-K"
ticker: "APPF"
cik: "0001433195"
company_name: "APPFOLIO INC"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:15:03.942916+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AppFolio Q2 revenue up 34% to $197.4M; GAAP operating income $36M vs loss YoY

## Summary
- Revenue of $197.4M, +34% YoY; total units under management of 8.4M (+9% YoY).
- GAAP operating income $36.0M (18.3% rev) vs loss of $0.7M in Q2 2023; non-GAAP op income $51.4M (26.0% rev).
- Non-GAAP free cash flow $49.4M (25.0% rev) vs $6.2M (4.2%) a year ago.
- FY 2024 guidance: revenue $772M–$778M; non-GAAP op margin 23.5%–24.5%; FCF margin 22%–24%.
- Diluted share count expected ~37M for full year.

## SEC filing metadata
- accession: 0001433195-24-000103
- form_type: 8-K
- ticker: APPF
- cik: 0001433195
- company_name: APPFOLIO INC
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1433195/000143319524000103/0001433195-24-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1433195/000143319524000103/appf-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001433195-24-000103
- JSON: https://secwatch.observer/filing/0001433195-24-000103.json
- Plain text: https://secwatch.observer/filing/0001433195-24-000103.txt

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