The raised full-year revenue guidance and expanding operating margins are the key catalysts. Monitor the Q4 2026 earnings call for further margin trajectory and any update on AI-driven product adoption.
Price Chart
Executive Summary
AppFolio reported Q3 2026 revenue of $296M (19% YoY growth) and non-GAAP diluted EPS of $1.82, a 1.7% beat vs consensus of $1.79. The company raised its full-year 2026 revenue guidance to $1.122-$1.127B, signaling continued momentum in its property management software platform.
Key Financial Metrics
Key Facts
- Revenue grew 19% YoY to $296M, above consensus of $294.5M
- Non-GAAP diluted EPS of $1.82 beat consensus of $1.79 by 1.7%
- GAAP operating income grew 64% YoY to $57M; GAAP operating margin expanded to 19.4% from 14.1%
- Non-GAAP operating margin expanded to 27.3% from 23.5%
- Full-year 2026 revenue guidance raised to $1.122-$1.127B from prior range
- Total units under management grew 8% YoY to 9.8 million
- Operating cash flow of $97M, representing 32.7% of revenue
Financial Impact
Revenue beat consensus by ~$1.5M; EPS beat by $0.03; full-year revenue guidance raised by ~$20M at midpoint
Risk Factors
- Slowing unit growth (8% YoY) could pressure long-term revenue expansion
- Stock-based compensation remains elevated at $20.6M for the quarter, diluting GAAP profitability
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3386875 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | 8-K | $210.62 $214.32 | ▲ +1.76% | ▲ +1.05% | $201.45 (−4.36%) |
Oct 22, 2026 5d ago | Press Release | $210.62 $214.32 | ▲ +1.76% | ▲ +1.05% | $201.45 (−4.36%) |
Sep 24, 2026 4w ago | Press Release | $204.43 $204.22 | ▼ −0.10% | ▼ −0.65% | $201.45 (−1.46%) |
Aug 24, 2026 9w ago | Insider Cluster | $223.05 $223.18 | ▲ +0.06% | ▲ +0.04% | $201.45 (−9.69%) |
Aug 20, 2026 9w ago | Insider Cluster | $224.40 $225.10 | ▲ +0.31% | ▲ +0.61% | $201.45 (−10.23%) |
Aug 20, 2026 9w ago | Insider Cluster | $224.40 $225.10 | ▼ −0.31% | ▼ −0.61% | $201.45 (+10.23%) |
Aug 18, 2026 10w ago | Insider Cluster | $215.22 $218.85 | ▲ +1.69% | ▲ +2.53% | $201.45 (−6.40%) |
Aug 17, 2026 10w ago | Insider Cluster | $203.95 $215.22 | ▲ +5.53% | ▲ +5.32% | $201.45 (−1.23%) |
Aug 14, 2026 10w ago | Insider Cluster | $195.97 $203.95 | ▲ +4.07% | ▲ +4.75% | $201.45 (+2.80%) |
Aug 12, 2026 10w ago | Insider Cluster | $203.97 $204.21 | ▲ +0.12% | ▲ +0.32% | $201.45 (−1.24%) |
US Market Status
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