---
schema_version: "secwatch.filing_event.v1"
accession: "0001433195-25-000005"
form_type: "8-K"
ticker: "APPF"
cik: "0001433195"
company_name: "APPFOLIO INC"
filed_at: "2025-01-30T23:59:59+00:00"
generated_at: "2026-05-27T05:14:11.872559+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AppFolio Q4 revenue $204M (+19% YoY); FY 2024 revenue $794M (+28%); guides FY 2025 $920M-$940M

## Summary
- Q4 2024 revenue $204M (+19% YoY); GAAP operating income $23M (11.3% margin); non-GAAP operating income $41M (20.2% margin).
- Full-year 2024 revenue $794M (+28% YoY); GAAP operating income $136M (17.1% margin) vs $1M in 2023.
- FY 2025 revenue guidance $920M-$940M; non-GAAP operating margin 24.5%-26.5%; diluted shares ~37M.
- Total units under management 8.7M (+6% YoY).
- Tim Eaton appointed interim Principal Accounting Officer (also interim CFO since Oct 2024).

## SEC filing metadata
- accession: 0001433195-25-000005
- form_type: 8-K
- ticker: APPF
- cik: 0001433195
- company_name: APPFOLIO INC
- filed_at: 2025-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1433195/000143319525000005/0001433195-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1433195/000143319525000005/appf-20250129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001433195-25-000005
- JSON: https://secwatch.observer/filing/0001433195-25-000005.json
- Plain text: https://secwatch.observer/filing/0001433195-25-000005.txt

## Key facts
- Executive change
  Tim Eaton was appointed as interim Principal Accounting Officer at APPFOLIO INC.
  - Action: appointed
  - Role: interim Principal Accounting Officer
  source text: On January 29, 2025, the Board of Directors of the Company appointed Tim Eaton as the Company’s interim Principal Accounting Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433195/000143319525000005/0001433195-25-000005-index.htm

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