---
schema_version: "secwatch.filing_event.v1"
accession: "0001433195-24-000125"
form_type: "8-K"
ticker: "APPF"
cik: "0001433195"
company_name: "APPFOLIO INC"
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:25:29.696581+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AppFolio Q3 revenue $206M (+24% YoY); acquires LiveEasy for $80M; CFO departs

## Summary
- Revenue $206M (+24% YoY); GAAP operating income $43M (20.7% of revenue) vs operating loss in Q3 2023.
- Non-GAAP operating income $59M (28.7% of revenue); free cash flow $56M (27.1% of revenue).
- FY2024 revenue guidance $786-790M; non-GAAP operating margin 24.5-25.5%.
- Acquired LiveEasy for ~$80M cash + $6M in RSUs to enhance resident platform.
- CFO Fay Sien Goon departs Oct 25; Tim Eaton appointed interim CFO.

## SEC filing metadata
- accession: 0001433195-24-000125
- form_type: 8-K
- ticker: APPF
- cik: 0001433195
- company_name: APPFOLIO INC
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1433195/000143319524000125/0001433195-24-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1433195/000143319524000125/appf-20241022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001433195-24-000125
- JSON: https://secwatch.observer/filing/0001433195-24-000125.json
- Plain text: https://secwatch.observer/filing/0001433195-24-000125.txt

## Key facts
- Executive change
  Fay Sien Goon departed as Chief Financial Officer at APPFOLIO INC.
  - Action: notified plans to depart
  - Role: Chief Financial Officer
  source text: On October 23, 2024, Fay Sien Goon, the Chief Financial Officer of the Company (who also serves as the Company’s principal financial officer and principal accounting officer), notified the Company’s Board of Directors (the “Board”) of her plans to depart the Company as of October 25, 2024 (the “Separation Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433195/000143319524000125/0001433195-24-000125-index.htm
- Executive change
  Tim Eaton was appointed as Chief Financial Officer at APPFOLIO INC.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: the Board, on October 23, 2024, appointed Tim Eaton as the Company’ interim Chief Financial Officer (and principal financial officer) effective as of the Separation Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433195/000143319524000125/0001433195-24-000125-index.htm

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