Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · AppFolio (APPF)

AppFolio Q1 revenue rises 16% to $218 million; net income falls to $31 million

Mixed Impact 4 of 5 earnings Written later

AppFolio reported first-quarter 2025 revenue of $218 million, up 16% from a year earlier, while GAAP net income fell to $31 million and GAAP diluted earnings per share fell to $0.86 from $1.05. The board also authorized a new $300.0 million share repurchase program on April 23, 2025, which replaces a $100 million program that has been substantially exhausted.

Key points

  • Q1 2025 revenue was $217.7 million, up from $187.4 million in Q1 2024.
  • GAAP net income was $31.4 million, down from $38.7 million; GAAP diluted EPS was $0.86 versus $1.05.
  • Non-GAAP operating income was $53 million, or 24.3% of revenue, versus $48 million, or 25.7%, a year earlier.
  • The new $300.0 million repurchase program has no expiration date and no minimum purchase requirement.

The filing

CompanyAppFolio (APPF)
Form8-K, current report
Filed with the SECApr 24, 2025, 4:03 PM ET
Accession number0001433195-25-000053

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

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 April 24, 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.