Significant Revenue Growth
Revenue was $249 million, growing 21% year-over-year, reflecting strong market performance.
Expansion in Customer Base and Units Managed
AppFolio's unit count grew to 9.1 million from 21,759 customers, a 7% increase in both units and customers year-over-year.
Innovation in AI and Product Offerings
Introduction of Realm-X Performers, which led to increased efficiency for customers, such as vacancies being filled faster and higher renewal rates.
Recognition and Awards
AppFolio was recognized on Fortune's Future 50 and Best Workplaces in Technology lists and voted Vendor of the Year by Real Property Management franchisees.
Strong Guidance for 2025
Increased annual revenue guidance to $945 million to $950 million, with a full-year midpoint growth rate of 19%.