APPF AppFolio (APPF) Q2 FY26 earnings call
AppFolio delivered a strong second quarter, exceeding $1 billion in TTM revenue, driven by robust platform adoption and AI-native solutions. The company is capitalizing on the industry's shift towards technology consolidation and performance management, with customers increasingly upgrading to premium tiers and leveraging AI-powered workflows. Management is focused on durable growth, margin expansion, and disciplined capital allocation.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
APPF operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | This call Jun 2026 Q2 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Units under management | ~9.5MAt the end of the quarter, we managed approximately 9.5 million units compared to 8.8 million units a year ago, representing an 8% increase.Source: earnings call transcript | ~9.6MWe ended the quarter managing approximately 9.6 million units, an 8% increase from 8.9 million units a year ago.Source: earnings call transcript | ~9.8MWe ended the quarter managing approximately 9.8 million units, an 8% increase from 9.1 million units a year ago.Source: earnings call transcript | — |
| Customers | 22.52KCustomers grew to 22,520 from 21,105, a growth rate of 7%.Source: earnings call transcript | 22.751KCustomers grew to 22,751, up 6% from 21,403.Source: earnings call transcript | 23.121KCustomers grew to 23,121, up 6% from 21,759.Source: earnings call transcript | +1.6% |
| Employees | — | 1,732We exited the quarter with 1,732 employees, an increase of 3% from the second quarter of 2025, reflecting our ability to scale revenue while thoughtfully managing employee growth.Source: earnings call transcript | 1,744We exited the quarter with 1,744 employees, an increase of 2% from the third quarter of 2025 as we continue to scale revenue ahead of head count.Source: earnings call transcript | +0.7% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.