secwatch.observer — SEC 8-K summary
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Issuer:     APPFOLIO INC (APPF)
CIK:        0001433195
Form:       8-K
Filed at:   2026-07-23T20:06:27+00:00
Accession:  0001433195-26-000056
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppFolio Q2 revenue $281M (+19% YoY); crosses $1B TTM; raises FY guidance
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- Revenue $281M (+19% YoY); total units under management 9.6M (+8% YoY).
- GAAP operating income $53M (18.8% rev) vs $41M (17.2%) in Q2 2025; non-GAAP op income $76M (27.1% rev).
- Operating cash flow $88M (31.2% rev) vs $53M (22.3%) in Q2 2025.
- FY2026 revenue guidance raised to $1.117-1.127B; non-GAAP op margin raised to 26.5%-28.0%.
- Crossed $1B in revenue on trailing twelve-month basis for first time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433195/000143319526000056/0001433195-26-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433195/000143319526000056/appf-20260723.htm
  HTML page:      https://secwatch.observer/filing/0001433195-26-000056

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