AppFolio (APPF)
NASDAQ:APPF
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Earnings Data
Report Date
Jul 23, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.69Last Year’s EPS
1.38Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents strong top-line growth, accelerating profitability, robust AI adoption, and raised full-year guidance — indicating solid operational and financial momentum. Key challenges include cost pressures related to payments mix and increased data center spend to support AI, and reliance on value-added services and premium-tier adoption to sustain revenue and margin expansion. Overall, the positives (revenue growth, margin improvement, high AI/product adoption, and raised guidance) materially outweigh the risks described.Company Guidance
Strong Revenue Growth
Q1 revenue of $262 million, up 20% year-over-year (from $218M in Q1 2025), reflecting continued strength in new business wins and expanded product adoption.
Profitability and Margin Expansion
GAAP operating income increased 50% to $51M (19.4% of revenue). Non-GAAP operating income grew to $72M, up ~35% year-over-year and representing 27.3% of revenue. Company raised full-year non-GAAP operating margin guidance to 26%–28% (vs. 24.7% in 2025).
Unit and Customer Growth
Units on platform grew to ~9.5 million, an 8% increase year-over-year (from 8.8M). Customer count rose to 22,520 from 21,105, a 7% increase.
Value-Added Services Momentum
Value-added services revenue grew 22% year-over-year to $201M. Subscription (core) revenue rose 18% to $58M, driven by new customers, unit growth, and upgrades to premium tiers (Plus and Max).
High AI Adoption and Product Traction
More than 99% of ~23,000 customers use some Realm AI suite. AI actions increased 7x year-over-year, Performer adoption grew nearly 500% quarter-over-quarter, and over 5 million units are connected on AppFolio Stack. Maintenance Performer averages a 6-second response and Resident Onboarding Lift shows a 95% attach rate at move-in versus 64% without.
Operational Efficiency Gains
R&D spending declined as a percent of revenue to 16% (from 17%). G&A fell to 7% of revenue (from 8%). Sales & marketing remained steady at 13% while the company cites AI-native engineering and higher productivity as drivers of faster product delivery.
Disciplined Capital Allocation
Deployed $125M to repurchase 702,500 shares in Q1. Nearly 1.4M shares repurchased in 2025 and 2026 to date, with approximately $125M remaining on the current buyback authorization.
Raised Full-Year Revenue Guidance
Raised 2026 revenue guidance to $1.11B–$1.125B, implying a full-year midpoint growth rate of ~17.5%, supported by premium-tier adoption, new units, and increased product/service adoption.
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 |
|---|---|---|---|
Apr 23, 2026 | $152.30 | $169.29 | +11.16% |
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% |
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 Jul 23, 2026, After Close (Confirmed).
What is AppFolio (APPF) earnings time?
AppFolio (APPF) earnings time is at Jul 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 (Q2) is 1.69.