AppFolio raised its full-year 2026 revenue guidance to a range of $1.117 billion to $1.127 billion and lifted its non-GAAP operating margin outlook to 26.5% to 28.0%. The company reported second-quarter revenue of $281 million, a 19% year-over-year increase, and crossed $1 billion in trailing 12-month revenue for the first time. Units on platform grew to 9.6 million, and customers increased to 22,751. Non-GAAP operating income rose 24% to $76 million, while operating cash flow reached $88 million. The outlook assumes a more moderate pace of unit expansion among existing customers, with growth fueled by premium tier adoption, new business units, and increasing adoption of products including agentic AI performers.
Appfolio IncAppFolio raised 2026 revenue and margin guidance, reported strong Q2 results with 19% revenue growth and record $1B trailing revenue.