AppFolio beats Q3 revenue estimates

AppFolio

30/10/2025 20:35

Overview

AppFolio Q3 revenue grows 21% yr/yr, beating analyst expectations

GAAP operating income for Q3 declines compared to last year

Company expects fiscal yr 2025 revenue of $945 mln to $950 mln

Outlook

AppFolio expects full-year revenue between $945 mln and $950 mln

Company projects full-year non-GAAP operating margin of 23.5% to 24.5%

AppFolio anticipates diluted weighted average shares outstanding of 36 mln for full year

Result Drivers

AI PLATFORM - AppFolio's AI-native Performance Platform is driving real performance outcomes, contributing to revenue growth

CUSTOMER EXPANSION - Co is expanding value to existing customers and capturing new market share, contributing to revenue growth

UNIT GROWTH - Total units under management increased 7% yr/yr, indicating growth in customer base

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$249.35 mln
$245.38 mln (6 Analysts)
Q3 EPS
$0.93
Q3 Net Income
$33.64 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Appfolio Inc is $311.00, about 23.3% above its October 29 closing price of $238.67

Press Release: ID:nGNX1N4Bvv

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)