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AppFolio (APPF)
NASDAQ:APPF
Earnings Data
Report Date
Apr 23, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.47Last Year’s EPS
1.21Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong top-line growth, accelerating unit additions, broad AI and premium-tier adoption, improved quarterly margins, and confident 2026 guidance — balanced against a modest full-year margin decline driven by a $15M incentive over-attainment, higher cost of revenue from payments and data center spend, and ongoing industry headwinds (rising costs and occupancy pressure). Overall the positives (revenue and unit momentum, product adoption, customer outcomes, and guidance) outweigh the negatives, though some margin and macro risks remain.Company Guidance
Strong Quarterly and Annual Revenue Growth
Q4 revenue of $248 million, up 22% year-over-year; full-year revenue of $951 million, up 20% year-over-year.
Robust Unit and Customer Growth
Platform units reached ~9.4 million (up from 8.7M a year ago), an 8% increase in units; customers grew to 22,096 from 20,784, a 6% increase. AppFolio added over 500,000 units in 2025.
Subscription and Value-Added Revenue Expansion
Subscription services (formerly core revenue) were $56 million in Q4, up 17% year-over-year and $211 million for the full year (+17% YoY). Value-added services were $185 million in Q4 (+20% YoY) and $722 million for the full year (+19% YoY).
Improved Quarterly Non-GAAP Operating Margin
Q4 non-GAAP operating margin improved to 24.9% from 20.2% a year ago, reflecting stronger operating leverage in the quarter.
Product and AI Adoption Momentum
High adoption of AI-native capabilities: 98% of AppFolio customers use one or more AI features. Adoption of premium tiers (Plus and Max) exceeded 25%, and new RealmX performers and Flows show accelerated customer uptake.
Customer Outcomes and Recognition
Customer feedback: 96% of recent switchers said AppFolio improved their overall business performance and 94% said resident satisfaction improved. Company recognized by Forbes, Time, and named overall leader on the G2 Grid.
Operational Efficiency Improvements
Q4 cost of revenue (ex D&A) improved to 36% of revenue from 37% last year. Combined S&M, R&D and G&A as a percent of revenue improved to 38% in Q4 from 41% a year ago.
Confident 2026 Guidance
2026 revenue guidance of $1.10–$1.12 billion (midpoint growth ~17%) and expected non-GAAP operating margin between 25.5% and 27.5%, indicating continued profitable growth plans.
APPF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
APPF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 29, 2026 | $207.10 | $189.88 | -8.31% |
Oct 30, 2025 | $235.71 | $254.43 | +7.94% |
Jul 31, 2025 | $267.38 | $319.15 | +19.36% |
Apr 24, 2025 | $234.65 | $192.02 | -18.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does AppFolio (APPF) report earnings?
AppFolio (APPF) is schdueled to report earning on Apr 23, 2026, After Close (Confirmed).
What is AppFolio (APPF) earnings time?
AppFolio (APPF) earnings time is at Apr 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is APPF EPS forecast?
APPF EPS forecast for the fiscal quarter 2026 (Q1) is 1.47.