AppFolio Q4 revenue up 19% to $204 million; sets 2025 revenue range
AppFolio reported fourth-quarter revenue of $204 million, up 19% year over year, and full-year 2024 revenue of $794 million, up 28%. Full-year GAAP operating income rose to $136 million from $1 million, while fourth-quarter GAAP operating income fell to $23 million from $28 million. The company also gave 2025 guidance of $920 million to $940 million in revenue, and its interim CFO Tim Eaton was named interim Principal Accounting Officer.
Key points
- Q4 2024 revenue $204 million, up 19% year over year; Q4 GAAP operating income $23 million vs. $28 million in Q4 2023
- FY 2024 revenue $794 million, up 28%; FY 2024 GAAP operating income $136 million vs. $1 million in 2023
- 2025 outlook: revenue of $920 million to $940 million; non-GAAP operating margin of 24.5% to 26.5%
- On January 29, 2025, Tim Eaton was appointed interim Principal Accounting Officer while remaining interim CFO
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.