Every 8-K that AppFolio, Inc. (APPF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow APPF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full APPF filings page.
AppFolio reported strong Q2 2026 results, with revenue of $281 million, up 19% year-over-year, and total units under management up 8% to 9.6 million. GAAP operating income was $53 million, an 18.8% margin, while non-GAAP operating income reached $76 million, a 27.1% margin. Net cash provided by operating activities was $88 million, 31.2% of revenue, and management noted trailing-twelve-month revenue has surpassed $1 billion.
Cash and cash equivalents were $217,401 (in thousands) at June 30, 2026. 2026 guidance was raised, with full-year revenue now expected between $1.117 and $1.127 billion and non-GAAP operating margin between 26.5% and 28.0% of revenue, based on approximately 36 million diluted weighted average shares.
AppFolio, Inc. amended a prior current report to update governance details about director Saori Casey. The Board had previously elected her as an independent member effective February 12, 2026, without assigning committee roles. The Board has now appointed her to the Audit Committee and the Compensation Committee, effective June 29, 2026. This is an administrative update clarifying her responsibilities on the Board’s key oversight committees.
AppFolio, Inc. announced several board and governance changes. Long‑tenured directors Andreas von Blottnitz, formerly Chairman, and Janet Kerr retired effective June 29, 2026, with the company stating their retirements were not due to any disagreement over operations, policies, or practices.
The board elected Diya Jolly and Michael Yang as independent Class I directors to fill the vacancies, serving until the 2028 annual meeting. The board also named CEO Shane Trigg as Chairman and created a Lead Independent Director role, appointing Winifred Webb.
Committee assignments were reshuffled and non‑employee director pay was updated: committee chair retainers were reduced to $40,000 from $50,000, annual equity awards increased to $200,000 from $150,000, and the Lead Independent Director will receive an additional $40,000 cash retainer. Trigg will not receive extra compensation as Chairman.
AppFolio, Inc. reported the voting results from its 2026 Annual Meeting of Stockholders held on June 12, 2026. As of the April 16, 2026 record date, the company had 24,028,908 shares of Class A Common Stock and 11,329,625 shares of Class B Common Stock outstanding, with Class A carrying one vote per share and Class B carrying ten votes per share.
Stockholders elected Class II directors Olivia Nottebohm and Saori Casey to three-year terms ending at the 2029 Annual Meeting. They received 125,033,431 and 130,956,960 votes "for," respectively, with broker non-votes recorded. Stockholders also ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, and approved, on a non-binding advisory basis, the compensation of the company’s named executive officers.
AppFolio, Inc. reported strong first quarter 2026 results with faster growth and higher profitability. Revenue grew 20% year-over-year to $262.2 million, driven by subscription and value added services, while total units under management rose 8% to 9.5 million.
GAAP operating income increased to $50.7 million, or 19.4% of revenue, compared with $33.8 million, or 15.5% of revenue, in Q1 2025. Non-GAAP operating income rose to $71.5 million, or 27.3% of revenue, up from $53.0 million, or 24.3%.
GAAP net income was $42.4 million, with diluted EPS of $1.18, versus $31.4 million and $0.86 a year earlier. The company repurchased 703,000 Class A shares for $125 million and generated $34.3 million of operating cash flow.
For full-year 2026, AppFolio raised its outlook, guiding revenue to $1.110–$1.125 billion and non-GAAP operating margin to 26.0%–28.0%, and now expects approximately 36 million diluted weighted average shares outstanding.
AppFolio updated the employment agreement for its President and CEO, Shane Trigg, effective April 9, 2026. The new deal keeps his role at-will and sets an annual base salary of $570,000 plus a target bonus equal to 100% of base salary.
In 2026, Trigg will receive a one-time RSU grant valued at $5,000,000 and a one-time PSU grant valued at $4,479,000 at target. From 2027 through 2030, he is eligible each year for an additional $5,000,000 RSU grant and a performance-based PSU grant tied to AppFolio’s income from operations, net interest income, and changes in diluted shares.
The agreement outlines severance protections, including salary continuation, prorated or multiple bonuses, COBRA premium payments, and varying levels of accelerated vesting of RSUs, PSUs, and stock options if he is terminated without cause, resigns for good reason, dies, becomes disabled, or is terminated in connection with a corporate transaction.
AppFolio, Inc. furnished an update on its recent performance by issuing a press release announcing financial results for its fourth quarter and fiscal year ended December 31, 2025. The company used a current report to make this press release available to the market as an exhibit.
The press release is furnished, not filed, which limits how it is incorporated into other securities law documents. The detailed revenue, profit, and other metrics are contained in the attached press release rather than in the body of this report.
AppFolio, Inc. reported changes to its board of directors. On January 12, 2026, the board reduced its size from nine to seven directors and elected Saori Casey as a Class II director, effective February 12, 2026, to fill an existing vacancy. She will serve until the 2026 annual meeting of shareholders and until a successor is elected and qualified or she departs earlier.
The board determined that Casey is an independent director under Nasdaq and SEC rules. She will receive the same cash and equity compensation as AppFolio’s other non-employee directors, and the company will enter into its standard indemnification agreement with her. Casey is currently Chief Financial Officer of Sonos, Inc. and previously held senior finance roles at Apple Inc. and Cisco Systems, Inc., and serves on the board and key committees of Houzz, Inc.
AppFolio, Inc. announced that it hosted an investor meeting on November 18, 2025, at 9:00 a.m. Pacific Time, where management presented an updated investor slide deck. The meeting was broadcast as a live webcast on the company’s investor relations website, and a replay along with the slide presentation remains available there for interested stakeholders. The slide deck used during the event is furnished as Exhibit 99.1 to this report under a Regulation FD disclosure and is expressly treated as “furnished,” not “filed,” which means it is not subject to certain liability provisions under the Exchange Act.
AppFolio, Inc. filed an 8-K announcing two items. The company furnished a press release reporting financial results for the third quarter ended September 30, 2025. The release was provided as an exhibit and, as furnished information, is not deemed filed under the Exchange Act.
AppFolio also disclosed a leadership change. Chief Trust Officer Matt Mazza will depart on November 14, 2025. To support an orderly transition, his duties were reassigned and he ceased serving as Chief Trust Officer on October 27, 2025. The filing lists AppFolio’s Class A common stock trading on the NASDAQ Global Market under the symbol APPF.
AppFolio established a $150.0 million senior secured revolving credit facility with a $25.0 million letter-of-credit sublimit and a $25.0 million swingline sublimit, scheduled to mature on September 30, 2030. The facility was undrawn as of September 30, 2025. Borrowings can be priced at one-, three- or six-month Term SOFR, Daily Simple SOFR (margins 125–200 bps) or at a Base Rate (margins 25–100 bps), and swingline loans use Daily Simple SOFR plus the same margin band. The facility allows increases up to the greater of $225.0 million or 100% of Consolidated EBITDA, subject to a pro forma Consolidated Net Leverage Ratio cap of 3.25:1.00. A financial covenant requires maintaining Consolidated Net Leverage Ratio ≤ 3.75:1.00 (≤ 4.25:1.00 during an Acquisition Step-Up Period). Obligations are guaranteed by subsidiaries and secured by a first-priority security interest in substantially all personal property. The filing attaches the credit agreement as Exhibit 10.1.