AppFolio, Inc. (APPF) Earnings
AppFolio, Inc. is expected to report next earnings on July 30, 2026 (in NaN days), with a consensus EPS estimate of $1.67. APPF has beaten EPS estimates in 9 of its last 12 reported quarters (average surprise +6.2% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 23, 2026 | $1.44 | $1.61 | +11.8% | $262M | +1.6% |
| Jan 29, 2026 | $1.22 | $1.39 | +13.9% | $248M | -3.8% |
| Oct 30, 2025 | $1.45 | $1.31 | -9.7% | $249M | +1.1% |
| Jul 31, 2025 | $1.27 | $1.38 | +8.7% | $236M | +2.4% |
| Apr 24, 2025 | $1.22 | $1.21 | -0.8% | $218M | -1.2% |
| Jan 30, 2025 | $0.92 | $0.92 | +0.0% | $204M | +1.8% |
| Oct 24, 2024 | $1.02 | $1.30 | +27.5% | $206M | +3.3% |
| Jul 25, 2024 | $0.92 | $1.12 | +21.7% | $197M | +3.6% |
| Apr 25, 2024 | $0.89 | $1.06 | +19.1% | $187M | +4.9% |
| Jan 25, 2024 | $0.72 | $0.88 | +22.2% | $172M | +5.6% |
| Oct 26, 2023 | $0.41 | $0.60 | +46.3% | $165M | +5.7% |
| Jul 27, 2023 | $0.10 | $0.23 | +130.0% | $147M | +2.3% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 23, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
AppFolio had a strong start in 2026 with Q1 revenue growth. AI is being leveraged across the business. Introduced RPM for real estate performance management. System of action: AI-powered realm suite with over 99% of customers using some form of it, AI actions up 7x YOY. System of record: AppFolio Stack with over 5 million units connected. System of growth: Focus on resident experience with high move-in attach rates. Strategic pillars: Differentiate to win, deliver performance efficiently, great people and culture. Customer examples like Hampton Management Associates and Newberry Living showcasing platform benefits.
Guidance
Raised annual revenue guidance to $1.110 - $1.125 billion with midpoint growth of 17.5%. Raised non-GAAP operating margin guidance to 26-28%. Anticipate revenue seasonality consistent with 2025. Diluted weighted average shares outstanding expected to be approximately 36 million for the full year.
Segment performance
First quarter revenue reached $262 million, a 20% year-over-year increase. Subscription services revenue grew 18% year-over-year to $58 million. Value-added services revenue grew 22% year-over-year to $201 million. Units under management grew to 9.5 million compared to 8.8 million a year ago. Customers grew to 22,520 from 21,105.
Risks & headwinds
Comments contain forward-looking statements subject to risks and uncertainties listed in SEC filings, including those in Form 10-K filed on February 5, 2026.