secwatch.observer — SEC 8-K summary
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Issuer:     APPFOLIO INC (APPF)
CIK:        0001433195
Form:       8-K
Filed at:   2026-10-22T20:04:43+00:00
Accession:  0001433195-26-000062
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

AppFolio Q3 revenue rises 19% to $296M; FY2026 revenue guidance raised to $1.122-$1.127B
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- Revenue grew 19% year-over-year to $296 million; total units under management rose 8% to 9.8 million.
- GAAP operating income $57M (19.4% of revenue), up 64% from $35M (14.1%) in Q3 2025; non-GAAP operating income $81M (27.3%), up 38% from $59M (23.5%).
- Net cash from operating activities $97M, or 32.7% of revenue, versus $86M, or 34.5% of revenue, a year earlier.
- FY2026 outlook: revenue raised to $1.122-$1.127B, non-GAAP operating margin 26.5%-27.5%, diluted shares ~36 million.
- Chairman and CEO Shane Trigg cited customer adoption of the company's 'Real Estate Performance Management' platform; the release disclosed no EPS or net income figures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433195/000143319526000062/0001433195-26-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433195/000143319526000062/appf-20261022.htm
  HTML page:      https://secwatch.observer/filing/0001433195-26-000062

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