secwatch.observer — SEC 8-K summary
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Issuer:     APPFOLIO INC (APPF)
CIK:        0001433195
Form:       8-K
Filed at:   2025-10-30T23:59:59+00:00
Accession:  0001433195-25-000140
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppFolio Q3 revenue up 21% to $249M; GAAP operating income down to $35M; Chief Trust Officer to depart
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- Revenue $249M (+21% YoY); total units under management 9.1M (+7% YoY).
- GAAP operating income $35M (14.1% margin) vs $43M (20.7% margin) in Q3 2024.
- Non-GAAP operating income $59M (23.5% margin) vs $59M (28.7% margin) in Q3 2024.
- FY2025 revenue guidance $945M-$950M; non-GAAP operating margin 23.5%-24.5%.
- Chief Trust Officer Matt Mazza to depart Nov 14, 2025; duties reassigned Oct 27.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433195/000143319525000140/0001433195-25-000140-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433195/000143319525000140/appf-20251030.htm
  HTML page:      https://secwatch.observer/filing/0001433195-25-000140

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer