{"schema_version":"secwatch.filing_event.v1","accession":"0001433195-26-000021","form_type":"8-K","ticker":"APPF","cik":"0001433195","company_name":"APPFOLIO INC","filed_at":"2026-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.280318+00:00","generated_at":"2026-05-15T04:30:33.314961+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 $262M (+20% YoY); GAAP operating income up 50%; raises FY2026 guidance","bullets":["Revenue grew 20% YoY to $262M; GAAP operating income rose 50% to $51M (19.4% margin).","Non-GAAP operating income increased 35% to $72M (27.3% margin).","FY2026 revenue guidance raised to $1.110–$1.125B; non-GAAP operating margin 26–28%.","Repurchased 703,000 shares for $125M during Q1.","Total units under management reached 9.5M, up 8% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001433195-26-000021","json":"https://secwatch.observer/filing/0001433195-26-000021.json","markdown":"https://secwatch.observer/filing/0001433195-26-000021.md","text":"https://secwatch.observer/filing/0001433195-26-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1433195/000143319526000021/0001433195-26-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1433195/000143319526000021/appf-20260423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:30:33.314961+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":"20d7f1288fb4a3c3e6644a1286b1d88d36914d47","claim":"APPFOLIO INC reported first quarter ended March 31, 2026 results: revenue $262 million. Guidance raised.","evidence_excerpt":"Our ability to expand both customer value and financial performance continues to grow.\" Financial Highlights for First Quarter of 2026 • Revenue grew 20% year-over-year to $262 million. • Total units under management grew 8% year-over-year to 9.5 million. • GAAP operating income grew 50% to $51 million, or 19.4% of revenue, compared to $34 million, or 15.5% of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1433195/000143319526000021/0001433195-26-000021-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$262 million"},{"label":"Guidance","value":"raised"},{"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"}